VP Risk Manager recruitment
The role is to take a leading role to ensure successful implementation of counterparty capital initiatives, in-line with the changing regulations, including Basel, CRD and US final rules. Whilst there will be a project management aspect, this role has a content rich and policy perspective.
The role entails understanding the changing regulatory landscape for counterparty credit working in partnership with the counterparty, capital and technology teams as a subject matter expert, building up a strong content knowledge to interpret, drive out and document requirements, and ensure successful implementation thereof.
Responsibilities
- Understand the changing regulator rules for counterparty, including Basel / US / European legislative changes, with a focus on Counterparty
• Understand the systems architecture and detailed data flow as it relates to counterparty credit, and materiality of assumptions, and changes that need to be implemented in order to meet new regulations
• Deliver of high quality to analysis with recommendations to senior management
• Provide input as SME into counterparty capital initiatives throughout the project life cycle
• Good knowledge of European and US regulations for calculating capital relating to Counterparty Credit Risk
• Knowledge of differences between European / UK / US regulations and Basel II would be advantageous
• Experience working on Basel III QIS advantageous
• Broad knowledge of financial products, especially OTC derivatives and Securities Financing
• Leadership skills, and ability to manage multiple tasks
• Strong interpersonal communication skills with ability to build networks and work across lines of business
• CRD IV
• Basel II and III
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The role looks more at the interpretation of the new Basel rules and regulations – the main changes under Counterparty credit risk under Basel III.
To apply for this role, please contact Craig Murray (0203 465 0109)