One of the leading international investment banks in the NY area is searching for a senior risk management professional to step into a senior role. Being an international bank, for this role you would stop into their America's Risk Management function. The bank is focused on working across product lines and geographies by delivering creative, content-driven ideas that distinguish their corporate and investment banking, markets, treasury, and research platforms.
This position sits within the banks Legal Entity Risk Management team. For the role, you would be tasked with analyzing and reporting risk metrics for the firm's legal entities, and help with improving the banks responses to regulator inquiries. You would be responsible for:
- Explaining VaR/SVaR backtesting exceedances when incurred for the banks various multiple legal entities to regulators
- Material pricing and risk model changes and appropriate regulatory notifications for model changes
- Review and review regulatory reporting on a monthly, quarterly, and semi-annual basis
- Oversee monthly risk exposure management desks, including monthly update decks to the SEC
- Partner with compliance officers to address Regulator/Examiner requests
The ideal candidate will be experienced with:
- 5-10 year's experience in risk management, preferably within Market Risk, Credit Risk or Model Risk
- Basel and Credit capital frameworks knowledge
- able to explain VaR and SVaR metrics
- Planning or delivering regulatory projects for large banking/broker dealer organizations
- Excellent attention to detail
- Work across risk functions (Credit, Product Control, Compliance) in the management of regulatory priorities
