Manager - CCAR Operations - Financial Planning & Analysis - BFSI

Financial Planning & Analysis (FP&A) CCAR - Manager

Description :

- Comprehensive Capital Analysis Review (CCAR) is a semi-annual US Federal Reserve regulatory submission. It is used to ensure that institutions have robust, forward-looking capital planning processes that account for their unique risks and sufficient capital to continue operations throughout times of economic and financial stress.

- As part of CCAR, the Federal Reserve evaluates institutions' capital adequacy, internal capital adequacy assessment processes, and their plans to make capital distributions, such as dividend payments or stock repurchases.

- CCAR includes a supervisory stress test to support the Federal Reserve's analysis of the adequacy of the firms' capital.

- Boards of directors of the institutions are required each year to review and approve capital plans before submitting them to the Federal Reserve.

As a part of the CCAR Team, the Manager/AVP will support all CCAR initiatives and submissions through data capture, consolidation, transformation, reconciliation and analysis. The responsibilities include:

- Manage modeling efforts to construct high-level driver based tool for scenario analysis and used for Comprehensive Capital Analysis & Review (CCAR) submissions

- Coordinate COE FP&A activities for CCAR, including liaising with business units, risk and treasury

- Work in conjunction with Corporate FP&A coverage teams to build models underlying scenario analysis tool and to drive model improvements

- Present stress test and other scenarios to corporate FP&A senior management

- Ability to build key relationships with finance and business teams

- Must be able to present technical matters in a way that is meaningful to the audience

- Broad and deep understanding of accounting principles (both GAAP and RAP), investment, accrual products and corporate finance concepts

- Highly motivated, participative team player with a change agent mentality that can provide leadership

- Ability to influence people and empower team members to be proactive and focused on partnerships and results.

Qualifications :

- 4-7 years of relevant finance/business/accounting/statistical experience in financial services

- MBA/Masters in Economics, Finance, Accounting or related discipline

- Working knowledge of Statistics (linear regressions), SAS programming, Excel pivot tables, and Access database management

- Excellent presentation skills; the ability to translate complex financial schedules into meaningful presentations is critical; demonstrated analytical skills including the ability to synthesize quantitative and qualitative data to draw conclusions and assist on decision making

- Ability to build key cross functional and cross business relationships

Must be able to present technical matters in a way that is meaningful to the audience.

Meghna Bhalerao
Mainstream Technologies