Job Description

This position will be the lead reporting automation specialist, expert in Tableau, SQL, and MDX for OLAP cubes, interfacing with technology teams and provide innovative solutions to trading books market risk reporting, which are required by Basel, Volcker, SEC, NFA regulations. This position requires a unique combination of expert database knowledge with finance and market risk experience, and to have the ability to translate business requirements into executable technology strategies. The candidate should have the ability to fully interpret business concepts and turn into technology prototypes to help formulate business requirements. Experience with FRTB Market Risk Standardized Approach Implementation and strong regulatory knowledge on Basel FRTB are strongly preferred. Experience in implementation of daily and intraday market risk limit monitoring is preferred. Experience in Counterparty Credit Risk, Risk IT, and/or Enterprise-wide Risk Reporting Design and Implementation are also preferred.

Works with senior management to ensure the reporting and monitoring of market risk analytics is sound and accurate. Assigned business/business partner areas are large and highly complex. Applies broad knowledge of market risk management best practices, financial markets, trading instruments, and/or portfolio management in support of analyzing, monitoring and measuring risk. Makes risk mitigation recommendations for specific market risks that exist within the assigned business/business partner area.

Recognized throughout the Risk organization and the business as a market risk point of contact and subject matter expert for a particular business/business partner area. Handles market risk data analysis, reporting, and monitoring for the business(es) supported and for market risk management, ensuring accuracy and correctness; develops appropriate tools, partnering with Technology where needed.

Partners with the business to help them achieve their objectives within the Risk Appetite of the firm. Assists in the development and implementation of tools and procedures to measure and monitor multiple risks hierarchically and across the entire organization. With technology staff, develops and implements new risk analysis and platform and data initiatives, and tests modifications to the risk tools and processes. Interacts with traders and trading or portfolio management, or treasury managers, to investigate and document any limit pre-approvals, excesses, extensions, breaches, and breach remediation in compliance with prescribed policies.

Ability to communicate at all levels, possesses good presentation skills. Uses existing strategic relationships to influence at all levels of the organization. Liaises with internal and external auditors and regulators to ensure compliance to prescribed standards. No direct reports; oversees, advises and guides less experienced Market Risk roles and may direct their work. Responsibilities are primarily specialized to address the market risk management needs of a particular business/business partner area and business risk appetite. However, tasks often produce cross-regional impacts. Modified based upon local regulations/requirements.

Qualifications

Education Requirements: Masters degree in Finance, Economics, Quantitative Science, Engineering or Mathematics required.

Family Requirements: 12-15 years of experience in market risk business and risk IT preferred. Experience in financial services is strongly preferred.

Background in math, statistics, finance, economics, risk management, operations research, or a similar field is preferred.

Discipline Requirements: Market Risk: Ability to analyze and report on financial products and financial risk, macroeconomic issues, FX risk, interest rate risk, and relevant regulation (e.g., Basel, Volcker, CCAR, DFAST, Swap Dealer, SLR, IRRBB).