Title: Basel Advanced Approaches & Analytics (AVP/VP)
Location: New York City
Comp: $125-180k BASE
Summary:
An American Investment Bank is looking to build out their new Basel Advanced Approaches and Analytics team focusing on RWA and Capital Analytics. This individual would be responsible for helping lead the coordination and dissemination of RWA for Wholesale and Retail Credit as well as Market and Operational Risk, and will be working and collaborating with Risk stripes and other stakeholders to consolidate RWA for regulatory capital reporting.
Responsibilities:
- Work and collaborate across risk stripes (Market Risk, Wholesale Credit Risk, Retail Credit Risk, Securitization, Operational Risk) to ensure adequate governance is in place at the risk stripe level
- Facilitate communication, implementation, training and change management in relation to the model governance process
- Prepare and participate in meetings with US agencies (FRB, OCC, SEC) on matters related to model approvals, changes, and performance
- Prepare presentations to internal stakeholders within Finance CRO and the overall Independent Risk Management organization and external stakeholders including Finance, lines of business, legal entities, regulators, external and internal audit
Qualifications:
- 4+ Years of Experience (AVP), 6+ Years of Experience (VP)
- Proven ability to assess complex issues, identify root cause and formulate potential solutions
- Excellent written and verbal communication skills with the ability to articulate complex problems and policy interpretations through concise and clear messaging
- Prior experience in model controls and establishment of risk and control processes in top-tier global financial institutions
