Location: New York,NY, USA
Title: Risk Policy SME
Location: New York, NY / Hybrid
Position Type: Contract to hire W2
Job Description:
Strong technical working knowledge of the prudential regulatory capital rules relating to the calculation of regulatory capital resources, RWAs, and the leverage ratio, with an emphasis on Market Risk RWAs and Market Risk Covered Positions.
This includes technical subject matter expertise on key components of the Standardized Measure for Market Risk under US FRTB, including the Sensitives-Based Method, Standardized Default Risk, Residual Risk Add-on, Fallback Capital Requirement, Capital Add-on for Redesignations, and any Additional Supervisory Capital Requirements.
Knowledge of these concepts under US (Fed / OCC / FDIC) rules is essential. Knowledge of these concepts under Basel / BCBS rules, and under UK / PRA rules is highly desirable.
Knowledge of the historical / existing Market Risk capital framework under US, BCBS, and/or PRA rules is also desirable.
Excellent communication skills, both written and verbal, including the ability to diplomatically provide feedback on draft prudential regulation to both internal and external stakeholders.
Professional approach and presentation, ability to manage a wide range of stakeholders including senior management across Finance, Risk, Front Office, and other areas
In depth understanding of the regulatory treatment of a broad range of financial products, particular those within Client Markets and Securities Services business lines
Ability to act as an advisor and challenger to business lines and other control functions on all aspects of regulatory capital policy.