Capital Management: Basel Measurement & Analytics Other Assets Associate
DESCRIPTION/RESPONSIBILITIES:
The BM&A Associate position interfaces with LOB controllers to support the computation and analysis of risk-weighted assets (RWA) for the Other Assets portfolio plus other Credit Risk products. The candidate will be responsible for producing RWA under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and Credit Officers to determine variance drivers such as portfolio changes, policy updates and capital treatment. The candidate will manage the end-to-end process and be owner of any issue identification, tracking and resolution for the Other Assets portfolio. The candidate will also support initiatives across all Wholesale products, including but not limited to formulating execution strategies, proposing innovative approaches to implement new regulations, capital interpretations, and model changes.
Key responsibilities
• Responsible for quarterly and monthly production processes and in support of quarter-over-quarter and forecast-to-actual variance analysis
• Perform impact analysis for methodology, rule and other production change
• Prepare presentations and recurring updates for various forums and senior management, including project status, variance highlights, and other significant items
• Develop and execute implementations for the Other Assets portfolio as well as other cross products initiatives
Qualifications
• Bachelor Degree required; Finance, Economics major preferred; advanced degree a plus; FRM certification a plus
• 3-5 years of treasury, financial or regulatory reporting experience at a large financial institution
• Working knowledge of Basel regulatory capital rules, including general understanding of model development concepts
• Self-starter with ability to independently manage own work across initiatives and demonstrated ability to multi-task and respond quickly to changing priorities or issues
• Strong problem solving, analytical, and organizational skills
• Experience with data structures, systems, and large and complex datasets
• Ability to work well under pressure
• Superior attention to detail, process-orientation and control focused
• Excellent oral and written communication skills, including experience presenting to senior management and large groups
• Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint) required
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