Project Manager / FRTB /Market Risk
- Recruiter
- CRISIL Limited
- Location
- The City, UK
- Salary
- Competitive salary
- Posted
- 25 Jul 2021
- Closes
- 27 Jul 2021
- Ref
- 2340418767
- Job role
- Compliance/risk
- Sector
- Accounting - Public practice
- Experience level
- Manager
Key responsibilities include:
· Project mobilisation and scoping
· Managing work stream within the FRTB program, help do on-going portfolio reviews and produce deep dive analysis, tracking and reporting status of plan execution for senior management.
· Contributing to rules interpretation, methodology and implementation of FRTB rules related to - standardised approach, Default Risk Charge (DRC) calculation, Internal Model approach (IMA) and P&L attribution testing and back testing. Review scenario analysis.
· Work with teams on market risk approval for new model validations and well as existing model revalidations
· Preparation of responses / fielding queries from regulators and oversee the implementation of related remediation
· Undertaking Business Analysis to support Target Operating Model design
· Liaising with internal stakeholders (Quants, Technology, Risk, Finance, Front Office, etc.)
Minimum 7 years of experience - need a mix of 3-4 senior PM's with 15+ years' experience and 8-9 mid-range PM's with 7-15 years' experience who are hands on
· Seasoned project manager experience in major/complex institutions ( Tier 1 banks or Top 4 consulting firms)
· Experience working with Front Office / Trading and Sales / Quants
· Strong working knowledge of Global Markets products and environments
· Strong understanding of applicable regulations and compliance requirements - BASEL, FRTB, CRD IV
· Strong knowledge of Interest Rates and Fixed Income products
· Strong knowledge of market risk models and rates pricing models
· Ability to manage large / complex / diverse teams and projects
· Ability to put together high quality presentations for Regulators and Senior Management
· Ability to lead meetings involving mid / senior management to drive outcomes
· Experience in Financial Market Infrastructure (FMI membership set up) is preferable
· Strong quantitative academic background in Engineering, Science, Computation Finance, Statistics and Mathematics with professional certifications like CQF, FRM, PRM is preferred
· Project mobilisation and scoping
· Managing work stream within the FRTB program, help do on-going portfolio reviews and produce deep dive analysis, tracking and reporting status of plan execution for senior management.
· Contributing to rules interpretation, methodology and implementation of FRTB rules related to - standardised approach, Default Risk Charge (DRC) calculation, Internal Model approach (IMA) and P&L attribution testing and back testing. Review scenario analysis.
· Work with teams on market risk approval for new model validations and well as existing model revalidations
· Preparation of responses / fielding queries from regulators and oversee the implementation of related remediation
· Undertaking Business Analysis to support Target Operating Model design
· Liaising with internal stakeholders (Quants, Technology, Risk, Finance, Front Office, etc.)
Minimum 7 years of experience - need a mix of 3-4 senior PM's with 15+ years' experience and 8-9 mid-range PM's with 7-15 years' experience who are hands on
· Seasoned project manager experience in major/complex institutions ( Tier 1 banks or Top 4 consulting firms)
· Experience working with Front Office / Trading and Sales / Quants
· Strong working knowledge of Global Markets products and environments
· Strong understanding of applicable regulations and compliance requirements - BASEL, FRTB, CRD IV
· Strong knowledge of Interest Rates and Fixed Income products
· Strong knowledge of market risk models and rates pricing models
· Ability to manage large / complex / diverse teams and projects
· Ability to put together high quality presentations for Regulators and Senior Management
· Ability to lead meetings involving mid / senior management to drive outcomes
· Experience in Financial Market Infrastructure (FMI membership set up) is preferable
· Strong quantitative academic background in Engineering, Science, Computation Finance, Statistics and Mathematics with professional certifications like CQF, FRM, PRM is preferred