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Project Manager - Credit Risk and Controls

  • Location: Tampa, Hillsborough County, Florida, 33637
  • Job Type:Contract

Posted 8 days ago

Take your career in an upward direction with a long-term contract at a world-famous and innovative bank.
 
Position: Project Manager - Credit Risk and Controls
Location: Tampa, FL 33637/Buffalo, NY 14226-1263
Term: 6 Months Contract (09/27/2021 to 03/18/2022)
 
Responsibilities:
  • Help design, implement and operate the Markets 1st Line credit processes and controls as part of the broader counterparty credit risk and controls framework.
  • Work extensively with Sales and Trading and Risk to ensure credit limits and controls make sense, are effective, and that the front office has the tools and information required to adhere to applicable limits.
  • Partner with a wide range of stakeholders including sales, risk, business management, tech and ops.
  • Develop and enhance new and existing controls and process related to methodology, settlements, stress, and booking controls.
  • Assist in the monitoring of extensions of credit to large asset managers under Reg O limitations.
  • Conduct root cause analysis and horizontal reviews of the credit controls after a credit loss event.
  • Prepare and present communications to senior management and governance forums on new initiatives.
  • Oversee tracking and timely completion of corrective action plans while promoting self-identification of issues.
  • Escalate concerns and issues to senior leadership, independent risk management and management committees.
  • Engage with local regulators to provides responses to inquiries and inspections, with close collaboration with the businesses.
  • Engage and work with all Markets businesses to achieve the common goals of implementing effective controls.
 
Qualifications:
  • Bachelor’s degree required. Master’s degree is preferred.
  • 10-15 years of experience in a credit risk and control function, ideally having covered more than one industry.
  • Finance experience is a must.
  • Familiar with a range of traded products and lending businesses in the investment bank and the corresponding controls and risk measures.
  • Understanding of local market structure, products, practice and regulatory requirements.
  • Experience working on, managing, and leading large cross functional programs.
  • Track record of driving change and innovating in the risk and control space in a collaborative way.
 
 
About our client
 
Our client stands as one of the world’s most global banks, a world-famous, 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.