Chief Risk Office

The Risk Analytics and Reporting (RAR) department reports to the Chief Risk Officer and is responsible: (1) all market and credit risk information management market risk reporting; (2) credit risk measurement risk model validation; (3) credit risk reporting; (4) managing development and implementation of risk systems; and (5) regulatory change and coordination, establishing policies covering market risk, credit risk and operational risk.
 

The CRO Regulatory Coordination team, within Risk Analytics and Reporting (RAR) provides a regulatory consultancy service to the bank on all issues that impact compliance of the bank's risk models and risk management framework. The team's activities include providing advice to the Risk department on applications to regulators for new risk models, ensuring that existing Risk models and processes currently approved by regulators comply with new regulations, and managing regulatory visits and information requests involving Risk management issues.  The team's coverage is Global and covers Market, Credit and Operational Risk.  The team currently consists of 9 people located into London (12), Zurich (2), New York (1) Singapore (1).
 

The team has opportunities for two experienced Credit Market Risk professionals to assist with the coordination of Risk regulatory interactions in New York. The role will cover IB, and US regulators principally the SEC and FED. The candidate will work on some of the following models: VaR, IRB, IRC, EPE, CVA-based risk models, ICAAP, stress testing.
 

Duties and Responsibilities

The principle responsibilities of the Risk Regulatory Coordinator are as follows:

The successful candidate will be expected to interface with Senior Risk management across the Risk team, and partner with the Credit/Market risk management and Risk modelers to ensure successful regulatory interactions.

August 7, 2013 • Tags:  • Posted in: Financial

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