Risk, Capital Risk, Analyst/Associate, London London, England
Job description
RISK
Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.
The Capital Risk team provides an independent view into the capital decisions across the firm. The team advises on regulatory capital interpretations and firmwide capital management decisions. The team’s primary functions include independent challenge of regulatory capital polices, interpretations and transactions.
ROLE OVERVIEW
The candidate will be responsible for monitoring, analyzing, interpreting and challenging the regulatory capital associated with individual transactions, new products, broader business initiatives and the firm. This will involve working closely with a number of desks, Controllers, Legal, Corporate Treasury, Technology, etc., and will require a strong control mindset. Other responsibilities may include oversight of the firm’s capital strategy and the firm’s proximity to capital requirements.
RESPONSIBILITIES
- Understanding capital regulations and determining appropriate capital interpretations
- Monitoring, summarizing, challenging and generating thought leadership related to the impact of and risk appetite associated with the implementation of the regulatory capital rules
- Communicating thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, risk departments and other impacted areas
- Assessing the impact of capital regulation on individual transactions, new products and business proposals
- Understanding and controlling the firm’s overall capital management strategy
SKILLS & QUALIFICATIONS
- Up to 3 years of relevant experience
- Strong attention to detail, intellectual curiosity and commitment to excellence
- Strong organizational skills - ability to manage a constantly evolving inflow of projects and priorities
- Effective communicator - both orally and in writing
- Team player - ability to maintain mutual support within a high profile team
- Self-motivated, proactive and willing to take on additional responsibilities, ability to run with issues, and get involved as necessary
- Strong Microsoft Office skills, including Power Point, Word and Excel
- Control-oriented
- Ability to conduct research, analyze technical regulatory papers and identify relevant issues
- Understanding of banking organizations, financial products; ability to analyze new trades and businesses with particular focus on regulatory capital implications
- Work experience involving capital adequacy concepts (capital, leverage, liquidity, accounting, etc.), financial services or policy is a plus
