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Credit Risk Project Analyst

  • Location: New York, 10013
  • Job Type:Contract

Posted about 1 month ago

Grow your career as a Credit Risk Lead with an innovative global bank in New York, NY. Long-term contract with excellent growth potential. Will be required to work onsite 2-3 days per week. Will ensure timely regulatory compliance for capital calculations that encompass program governance, controls, processes, system implementation and regulatory reporting.
 
Responsibilities:
  • Support execution of U.S. Basel III Finalization (aka Basel IV) requirements, for identified risk stripes including Credit Risk Wholesale and Retail (Standardized and Advanced), in close collaboration with Risk, Business and Technology partners.
  • Provide regulatory capital subject patter expertise in Basel III and upcoming Basel IV reforms, peer/industry trends, data & processes.
  • Drive program implementations to ensure timely regulatory compliance for capital calculations that encompass program governance, controls, processes, system implementation and regulatory reporting.
  • Direct analysis of efforts to define requirements, assess data quality, synthesize findings, produce recommendations, and document project artifacts as per established Governance guidelines. Maintain decision-based agendas and forums for senior managers and ensure actions and issues are clearly understood and tracked to resolution.
  • Provide input to design and implementation of new RWA calculations and reporting process, ensuring that those are well-defined, transparent, and documented in a comprehensive manner.
  • Develop a strong working relationship with Finance, Independent Risk, Front Office, Technology, Audit, and other counterparts across the organization.
  • Create ad hoc Senior Management-ready materials including interpretive guidance presentations to Lines of Businesses, Committees, and Regulators as necessary.
  • Identify potential process improvements and capabilities to increase consistency, transparency, and reliability of RWA calculation and reporting process.
  • Ensure continuous compliance with relevant capital management policies, rules and regulations.
  • Partner with Technology to drive and implement reporting process enhancements and smooth production execution.
 
Qualifications:
  • Bachelor’s degree in Finance, Accounting or related field. Master’s degree is preferred.
  • 5-10 years of experience in credit risk.
  • Comprehensive understanding of Standardized and Advanced US regulatory capital rules for Wholesale and Retail exposures.
  • Prior experience implementing Basel RWA rules in large financial institutions preferred.
  • Full understanding of the lifecycle of Wholesale and Retail exposures, and strong understanding of regulatory capital best practices and controls, and interdependencies between Banking and Trading Book exposures across different risk stripes.
  • Solid Microsoft Office skills.
  • Ability to manage and develop junior staff.
  • Strong project management and multi-tasking skills to plan, manage and prioritize deliverables towards number of competing objectives.
 
About our client
 
Our client stands as one of the worlds most renowned global banks and trusted brand with over 200 years of continuously evolving financial services. Its teams provide unique insights to more than 200 million clients and enable progress all over the world. While growing your career, you will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Candidates will be responsible for following the client's COVID-19 protocols. Please refer to your MATRIX representative for specifics.

About Us

At MATRIX, we expertly match talented professionals with job opportunities to elevate careers. Since 1983, we have placed thousands of professionals at innovative clients across every industry ranging from small startups to Fortune 50 companies. It’s why we’re consistently in the top 25 of all U.S. IT staffing firms and why our consultants rate us well above the industry average, earning us ClearlyRated's Best of Staffing awards year after year. People come to us for a job, and stay with us because of our top-notch consultant care.

MATRIX is and Equal Employment Opportunity employer and provides reasonable accommodations for qualified individuals.  Supporting medical or religious documentation will be required where applicable. If you are a qualified individual with a disability, you may request a reasonable accommodation under the American Disability Act (ADA) by emailing MATRIX_HR@MatrixRes.com. To ensure a quick response to your request, please use the words “Accommodation request” as the subject line of your email.