Regional Head of Regulatory & Risk Analytics, Wholesale & Market Risk recruitment
Job Role:
The role is responsible within Wholesale and Market Risk (WMR) for development and validation of all analytic models used risk management, stress testing and generating capital requirement. The role will be responsible for ensuring regulatory compliance for the analytic models, ensuring they meet the group modeling standards and implementing governance to manage model risk within the region. The role will also be the key regulatory and industry liaison person for WMR.
• Providing analytic solutions to WMR function and Global Business lines that we support. This would include models for risk measurement, stress testing, capital requirements (Pillar 1 and Pillar II), capital planning, risk budgeting, profitability analysis and capital buffer calculations.
• Development of new risk models and implementation of enhancements in existing models to ensure relevance of models with changes in market conditions, business and regulatory expectations.
• Engage with regulators to secure regulatory approval for new risk models and ongoing approval for existing models.
• Provide timely inputs and advanced indication to senior management on emerging threats.
• Be able to clearly explain model details to other areas of the bank in non-technical language, and assist in the ongoing usage of these models in a day-to-day risk management setting.
• This is a strategic role supporting the bank which looks at macro risk arising from changes in the regulatory landscape, especially those relating to bank capital requirements and looks to mitigate those at the earliest possible instance. The role is also responsible for analytic models used for measuring risk and regulatory capital.
If you have the above required experience please send your CV (including salary and notice period) to williampolak@puresearch.com