Vice President – Market Risk Regulatory Capital recruitment
Responsibilities:
• Provide oversight of Revised Basel II market risk initiatives from a methodology and practical application standpoint
• Leadership on capital, identify key regulatory changes and communicate to senior management
• Active participation in industry impact studies
• Involve in application submission to regulators for new and amended market risk models
• Manage regulatory visits relating to risk management and coordinate responses to regulatory queries
• Work with Business Unit risk officers to optimize capital usage
• Review transactions and assess capital impact upon Business Unit requests
• Liaise with Risk Managers to identify and resolve risk issues that impact capital
• Partnering with Regulatory Controllers and Treasury to aid in strengthening and promoting the Basel Reform framework
• Represent Market Risk at cross-functional working groups
• Engage in extensive project work to develop regulatory processes
Requirements:
• 7+ years financial service experience in a multi-disciplined risk management
• Thorough understanding of Basel I and Revised Basel II rules and regulations, accounting principles relating to the securities industry
• Must understand the implications of current and proposed regulatory requirements relating to risk management and advise on appropriate actions
• Experience in a highly regulated environment and working with regulators; experience of working on regulatory model applications for VaR is advantageous
• Solid in quantitative and analytical disciplines, ability to absorb new concepts quickly, analyze implications and make practical recommendations
• Knowledge of financial products is essential, including an understanding of risk greek representation
• Possess strong verbal and written communication skills and be able to develop quality working relationships
• Fluency with MS Excel and experience with VBA; more generally, the candidate needs to be comfortable using many different tools to obtain and understand risk information
• Bachelors/Masters in a quantitative discipline
For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com
Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com
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