FRTB IMA Business Analyst / Project Manager

  • Location:

    City of London, London

  • Sector:

    Banking

  • Job type:

    Contract / Interim

  • Salary:

    Negotiable

  • Contact:

    Charlotte Hobson

  • Contact email:

    charlotte.hobson@resourcesolutions.com

  • Job ref:

    HSBCPA00004545_1612804804

  • Published:

    17 days ago

  • Duration:

    8 Months

  • Expiry date:

    10/03/2021

  • Startdate:

    ASAP

  • Client:

    Resource Solutions

  • Hours per day:

    8

  • Work preference:

    Home

  • Days per week:

    5

Role Purpose

The EMEA Traded Risk Engineering team is responsible for the successful implementation of strategic applications as well as BAU project activities to ensure the highest level of data quality and integrity for Risk Management and to comply with Regulatory commitments.

The role holder will primarily act as a lead across the FRTB IMA planning and execution agenda for TR.

Role Context

  • The role is based in London, working closely with Risk Managers and Risk Controllers to ensure smooth delivery of complex projects and workstreams
  • Changes to Risk systems are governed by external regulators, which require the Project Manager to ensure communication channels are open and available between the Risk Managers and the Regulatory & Risk Analytics teams
  • Responsible to ensure the wider change delivery team is kept abreast of changes in the region and are being engaged in the improvement process

Knowledge & Experience / Qualifications

Essential Technical Experience Required;

  • Detailed knowledge on trading business & products, risk methodology and regulatory framework. Specifically expertise in all Asset class product types, Counterparty risks, Market risks, Cross-Risks, trade characteristics and hedging strategies
  • High degree of understanding of Traded Risk (Market or Counterparty Risk) terminology and concepts - exposure calculation approaches, Traded Risk Internal Controls framework, Basel II & III
  • Capable of exposure regression analysis and explaining differences between production exposure and target system generated exposure, through breakdown of variables
  • University Graduate in Finance, Computer Science or numerated related disciplines
  • Experience in documenting requirements, validating functional specifications, drafting testing approach plans and user acceptance test cases
  • Able to understand and document processes using data flow diagrams
  • Experience in risk system development cycles and working with Risk Technology departments
  • Strong ability to understand and use complex systems and take a logical and constructive approach to investigating and communicating system problems
  • Understanding of how projects are delivered, including project lifecycle
  • High level of expertise in Excel & Access (VBA level), SQL, PowerPoint, Visio

 

Desirable Technical Experience;

  • Knowledge of Basel 3 FRTB requirements
  • Experience in working with the following departments in a large financial organisation; Risk Management, Product Control
  • Database design/knowledge

 

Personal Skills;

  • Attention to detail and a methodical & structured approach
  • Excellent communication and presentation skills
  • Strong time management skills