Credit and market risk management oversight in support of the company securities finance trading platforms located in NY, Barbados, Toronto and London;
Approve transactions, collateral schedules, limit excesses and policy exceptions as per Delegated Authorities;
Evaluate and analyze proposed transactions in the context of broader the company counter party risk framework and risk appetite guidelines;
Ensure securities finance public disclosure and regulatory capital reports are complete and accurate;
Identify risk concentrations, limit or policy violations and other heightened risk situations requiring corrective action;
Coordinate with other GRM units to ensure limit excesses are reported to the appropriate approval authority;
Further firm-wide objectives of enhanced efficiencies, flexible reporting and professional risk analysis;
Understand and implement the company risk policy framework in the context of the firm’s overall risk appetite;
Provide senior GRM management with timely information with respect to changing market conditions with material implications for securities finance risk;
Work closely with the Comprehensive Capital Analysis and Review (CCAR) team.
KEY RESULT AREAS:
In-depth knowledge of repo, reverse repo, stock loan and prime brokerage;
Familiarity with CCAR process;
In-depth understanding of Basel II,III and other current regulatory matters that influence securities finance risk;
Basic familiarity with OTC derivative products including interest rate & equity swaps, credit derivatives, FX forwards;
Knowledge of counter party credit risk: Broker/Dealers, hedge funds, REITS, banks and insurance companies;
Thorough understanding of the company standing orders and policies;
Thorough understanding of the company risk, trading and client management systems: SFRS, RAZOR, ANVIL and CCMS
Effective communication among GRM Market Risk and Credit Risk globally;
Identify potential risk process inefficiencies and initiate remedial action; and
Complete special projects and assignments in a thorough, accurate and timely manner.
MBA (or equivalent) with finance or economic focus or equivalent professional experience.
7 to 10 years of capital markets experience
Charter Financial Analyst (CFA) or Financial Risk Manager (FRM) designations
Knowledge of trading products and related documentation
Strong written and oral communication skills.
Please send resumes to Jack Kelly – JKelly@ComplianceSearch.com