This job ad has been posted over 40 days ago...
Risk Monitoring - Private Bank
at The Compliance Search Group in NY, NY
The Risk Monitoring Unit (RMU - Credit Service and Control) is staffed with Risk Monitoring Specialists who support the Capital Markets sales business for all Derivative and FX products offered and executed by the US and Latin American (LATAM) product specialists. The RMU is responsible for dimensioning and monitoring credit, margin and documentation requirements in order to allow Bankers and Product Specialists to focus on trade structuring and client service.
Major Job Responsibilities:
• Monitor Credit, Margin and Documentation Requirements for the capital market business for both the US & LATAM regions.
• Ensure trading activity is in accordance to global wealth management (GWM) Core Credit Policy
• Assess and issue margin calls, escalate as appropriate to see timely resolution
• Assist Banking Teams and Product Specialists with dimensioning credit and margin requirements for new Capital Markets products and clients.
• Manage overall Capital markets credit relationship encompassing credit underwriting, blocking collateral and credit system maintenance
• Help create and implement policies and procedures for risk mitigation and oversight
• Manage daily operation of the group with ability to step in as primary backup to group manager.
• Maintain complex client account linkages between various front and back office systems
Knowledge / Skills Required for the Position:
• Knowledge of Capital Markets Product (Foreign Exchange, OTC Derivatives and Commodity Derivatives)
• Understanding of Credit Risk monitoring functions including presettlement exposure and margining
• Ability to work in a trading environment and liaise with the “trading desk” in order to support their immediate needs and enforce corporate guidelines
• Management or oversight experience. Ability to manage a diverse team of senior/junior specialists and function as primary backup to group manager.
• Lead and take ownership of group projects while maintaining oversight of daily operation
• Strong leader and team player with outstanding attention to detail and excellent interpersonal skills
• Experience in financial services with exceptional math and analytical skills
• Strong reporting and reconciliation skills involving large datasets
• Expert system knowledge particularly Microsoft Access, Excel
• Education Required: Bachelor degree, MBA/CFA nice to have.
• Experience Required: 3-6 years plus
To apply please submit your resume to Jack Kelly - Jkelly@ComplianceSearch.com
Major Job Responsibilities:
• Monitor Credit, Margin and Documentation Requirements for the capital market business for both the US & LATAM regions.
• Ensure trading activity is in accordance to global wealth management (GWM) Core Credit Policy
• Assess and issue margin calls, escalate as appropriate to see timely resolution
• Assist Banking Teams and Product Specialists with dimensioning credit and margin requirements for new Capital Markets products and clients.
• Manage overall Capital markets credit relationship encompassing credit underwriting, blocking collateral and credit system maintenance
• Help create and implement policies and procedures for risk mitigation and oversight
• Manage daily operation of the group with ability to step in as primary backup to group manager.
• Maintain complex client account linkages between various front and back office systems
Knowledge / Skills Required for the Position:
• Knowledge of Capital Markets Product (Foreign Exchange, OTC Derivatives and Commodity Derivatives)
• Understanding of Credit Risk monitoring functions including presettlement exposure and margining
• Ability to work in a trading environment and liaise with the “trading desk” in order to support their immediate needs and enforce corporate guidelines
• Management or oversight experience. Ability to manage a diverse team of senior/junior specialists and function as primary backup to group manager.
• Lead and take ownership of group projects while maintaining oversight of daily operation
• Strong leader and team player with outstanding attention to detail and excellent interpersonal skills
• Experience in financial services with exceptional math and analytical skills
• Strong reporting and reconciliation skills involving large datasets
• Expert system knowledge particularly Microsoft Access, Excel
• Education Required: Bachelor degree, MBA/CFA nice to have.
• Experience Required: 3-6 years plus
To apply please submit your resume to Jack Kelly - Jkelly@ComplianceSearch.com
Published at 21-06-2010
Viewed: 26 times
Viewed: 26 times