Risk - Analytics & Reporting - Vice President - Birmingham

Requirements

• Masters or Bachelors degree in a quantitative discipline such as financial engineering, economics, mathematics, physics, econometrics, or engineering
• Experience of risk measurement, operational risk management, and/or the delivery of regulatory projects involving multiple stakeholders
• Excellent written and verbal communication skills
• Entrepreneurial, creative, self-motivated, and team-orientated
• Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis
• Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation and productivity tools for cultivating insights into risk & capital metric data
• Experience with, or keen interest to develop expertise in pricing, risk, and capital models
• Experience with, or keen interest to develop expertise in financial markets & economics

What You'll Be Doing

• Managing the end-to-end CCAR operational risk loss projection process, establishing and communicating timelines to achieve timely completion of a key regulatory deliverable and performing review and challenge to ensure high-quality output
• Calculating and analyzing Operational RWA results
• Liaising with groups such as Modelers/Strats, Controllers, Enterprise Risk, trading and investing businesses, Legal, Compliance, Model Risk Management and the firm’s Insurance group to gather inputs and communicate insights
• Working with Operational Risk specialists in domains such as cyber risk and algorithmic trading risk who review risk and control self-assessment (RCSA) results and business environment and internal control factors (BEICFs) and facilitate workshops with trading and investing businesses to inform scenario analysis used to estimate loss projections
• Identifying areas of potential improvement and interpreting the results of sensitivity analysis to fine-tune methodologies and assumptions and achieve the appropriate balance of conservativeness and commerciality
• Working with Engineers to develop, test and integrate enhanced workflows to deliver automation, maximize efficiency, improve control and enhance the results’ timeliness and accuracy
• Writing and consolidating documentation to explain processes, and contributing to firmwide documents such as the firm’s Capital Plan
• Presenting to and preparing materials for the firm’s internal governing bodies such as Risk Committees and executive members of the firm
• Interacting with the firm’s external governing bodies such as external regulators and industry groups

Perks and Benefits

• Work in a dynamic & highly creative teamwork and consensus-orientated environment
• Exposure to industry leading market data, pricing and risk and capital models for all activities the Firm engages in
• Exposure to challenging quantitative problems and large volumes of data (a.k.a ‘Big Data’) and the tools and techniques to interact with, and determine meaningful interpretations of, such data
• Development of economic, financial product and market knowledge
• Engagement in critical internal risk management activities, and provision of data to both internal and external stakeholders and firm governing bodies
• Opportunities to work with senior members of the firm and a wide variety of groups across all areas of the firm