Our client a top-tier Management, Strategy and IT Consulting firm is seeking to bring on a Risk and Regulatory Senior Business Analysts/Project Manager onto their Wholesale and Retail Banking practice to support various consulting projects/efforts with their Financial Services Banking end clients.
The Resolution & Recovery Planning (RRP) effort requires applying simple assumptions regarding business actions in a resolution scenario and generating estimated daily Cash and Capital needs (and associated Liquidity & RWA metrics). Key considerations are the capture of all relevant positions, as well as consideration of knock-on effects from trading activity (e.g., linking trade activity to the unwind of financing positions as well as margin requirements for derivative hedges).
BA role is to support Balance Sheet and Capital workstreams that are part of the broader Resolution & Recovery Planning (RRP). Key deliverables of this workstream include enhancements to firms strategic systems to generate Line of Business view of Balance Sheet for in-scope Major Legal Entities (MLE) that is reconciled/traceable to books and records that will enable downstream usage for liquidity and capital planning. Additionally, document requirements for Capital RWA projections for RRP working closely with line subject matter experts that are part of the Basel Measurement and Reporting group.
Responsibilities:
The Resolution & Recovery Planning (RRP) effort requires applying simple assumptions regarding business actions in a resolution scenario and generating estimated daily Cash and Capital needs (and associated Liquidity & RWA metrics). Key considerations are the capture of all relevant positions, as well as consideration of knock-on effects from trading activity (e.g., linking trade activity to the unwind of financing positions as well as margin requirements for derivative hedges).
BA role is to support Balance Sheet and Capital workstreams that are part of the broader Resolution & Recovery Planning (RRP). Key deliverables of this workstream include enhancements to firms strategic systems to generate Line of Business view of Balance Sheet for in-scope Major Legal Entities (MLE) that is reconciled/traceable to books and records that will enable downstream usage for liquidity and capital planning. Additionally, document requirements for Capital RWA projections for RRP working closely with line subject matter experts that are part of the Basel Measurement and Reporting group.
Responsibilities:
- Prior experience in financial control function with clear knowledge and understanding of balance sheet, off balance sheet, and P&L general ledger positing along with good understanding of Capital RWA calculations across different products and Basel risk pillars
- Perform business analysis and author BRD working closely with balance sheet reporting line users and downstream consumers
- Execute and coordinate testing. Develop test plans, test cases and scripts for various test phases
- Interface with other teams on cross-functional team projects and participate in discussions with key stakeholders to develop requirements and close-out open issues
- Ability to create front-to-back view of data flow based on identifying data linkages across systems
- Prior experience in regulatory reporting function with background in either of Recovery Resolution Planning, CCAR or IHC
- Manage issues / risks on projects with timely issue escalations and suggestions for issue resolutions
- Developing and implementing process and system improvement solutions
- Business Analyst experience required with ability to work independently providing detailed and timely progress update
- Ability to perform detailed data analysis tasks that includes: Advanced excel, OLAP & accessing several systems either through GUI (OBIEE, Business Objects, Qliksense or any other reporting tool) or through back-end SQL access and General Ledger applications
- Working knowledge of various products in-terms of data sourcing, enrichments and trial balance creation for OTC Derivatives, Security Financing, Loans, and or Cash securities
- Understand accounting concepts, and financial data
- Ability to work with stakeholders in remote location
