Regulatory Risk - BASEL

Regulatory Risk - BASEL III Trading Book Subject Matter Expert

Job Purpose:

- To work as an integral member of the Basel II ICG Chief Operating Officer Risk Management

- Team on the traded products (OTC Derivatives/Securities Financing Transactions “SFTs”)
to support Regulatory requirements for Basel II/III plus Risk Weighted Asset and Capital Optimization targets for the ICG Business.

Job Responsibilities:

- Maintain an understanding of key regulatory requirements/rules and ongoing proposed changes under the Basel III framework.

- Lead and advise the regulatory strategy implementation around Basel and Dodd-Frank

- Become a subject matter expert (SME) focusing on business analysis of the Traded Products and understand the drivers behind capital calculations

- Maintain a thorough and detailed understanding of the end-to-end processes and data attributes critical to the calculation of risk weighted assets

- Help prioritize work efforts to meet Risk Weighted Asset and Capital Optimization targets(“Glidepath”)

- Partner closely with the Businesses, Finance, and Risk to identify capital efficiencies

- Perform data and business process analysis and identify opportunities to improve data quality, efficiency and regulatory capital optimization.

- Ability to identify and validate key variances in business portfolios on an ongoing basis

- Assist and help business understand capital implication of new business

- Support the OTC glide-path team to provide pre deal due diligence for new trades to help business understand capital implication of new business

- Build, develop and grow required business relationships vital to capital optimization initiatives.

- In conjunction with Finance, Technology and all other relevant parties, assess regularly the extent to which process needs to be adjusted, enhanced, better controlled to be fully compliant to regulatory requirements

Required Knowledge:

- Strong understanding of Risk Management products and risk policies (knowledge of regulatory regulations around Basel II/IIa/III) preferred.

- Strong product knowledge with particular focus on OTC Derivatives and SFT Business, or strong product knowledge that will allow one to quickly grasp and become a subject matter expert on the OTC Derivatives and SFT Business.

- Understanding of analytical concepts (or ability to quickly grasp) that underscore OTC Derivative calculation (such as PSE/EPE/VaR and/or internal models) and end to end process flows for Basel II processing

- Very good understanding of the market risk guidelines and the measurement processes(VaR, SVaR, Conditional VaR. Es, etc.)

Required Skills/Competencies:

- International experience of working / consulting global financial institutions in risk management space, especially in regulatory risk management area with focus on credit and market risk

- Strong Business and Data analytical skills with proven track record of complex processes and data analysis/deliverables

- A proven ability to deliver service excellence in a dynamic environment through a combination of effective management, problem recognition and teamwork.

- Advanced MS Office (Word, Excel, PowerPoint) Skills including the ability to extract and mine data using SQL/MS Access and analyze using MS Excel etc.

- Ability to manage multiple priorities and dealing effectively with demanding business partners.

- Ability to work under tight deadlines

- Excellent verbal and written communication and presentation skills

- Ability to interact successfully with business partners, operations, technology and finance teams.

- An understanding of technology infrastructure and data structures including data quality concepts

- Strong planning, coordination and organization skills

- Ability to work in a matrixed environment

Interested candidates please share your updated resume resumes at wrisa@pylonmc.com