Project Manager - CCR Models
Irving, TX
Contract
$80/hr - $85/hr
Grow your career with an innovative global bank in Irving, TX as a Project Manager working on CCR Models. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 5+ Months
- 5+ years of experience as a Project Manager working with business and technical stakeholders.
- Familiarity with CCR Models.
- Strong Excel skills ideally incorporating VBA (Visual Basic for Applications).
- Experience in large scale project management spanning Risk and Technology.
- Must have experience in stress testing.
- Demonstrated aptitude for tackling analytical issues through quantitative modelling and assimilation of data into a working product.
- Ability to work well with cross-functional teams from Business, Credit, Operations and Compliance.
- Strong analytical skills with good attention to detail.
- Strong written and verbal communication skills.
- Sound risk and business judgment.
- Programming skills in Python, R or other statistical languages
- Instrument modelling skills desirable.
- Develop and enhance tools for the measurement, monitoring and management of counterparty exposure including PFE, risk capital, wrong way risk and stress testing.
- Actively liaise with sales trading, CVA and market risk managers to ensure comprehensive coverage of counterparty and liquidity risk measures across all derivatives and financing products.
- Closely work with Quantitative risk and Markets analytics teams, Technology and Model Validation groups on CCR model development and evolution of CCR models to address new products or risk areas.
- Work with business managers and In-Business Risk teams on margin model development, new product approvals and real time monitoring and controls.
- Monitor client portfolios to ensure that risks are controlled - primarily credit risk arising from market sensitive exposure and liquidity risk, but also documentation, legal and reputational risks.
- Perform daily and weekly risk analysis and reporting on existing client portfolios as well as customized risk analysis on new client portfolios.
- Communicate key findings to senior management and act as the chair for CCR and in-business risk forums as appropriate.
- Put together presentations and documents for internal and external use on various topics including describing the functions of the Risk Group, stress methodologies, and summarizing risk issues.
- Analyzing control environment including periodic review of the control environment, vetting of new systems, processes, policies and procedures associated and related to market and/or credit risk and ensuring they are in sync with market practices.
You will receive the following benefits:
- Medical Insurance - Four medical plans to choose from for you and your family
- Dental & Orthodontia Benefits
- Vision Benefits
- Health Savings Account (HSA)
- Health and Dependent Care Flexible Spending Accounts
- Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
- Hospital Indemnity Insurance
- 401(k) including match with pre and post-tax options
- Paid Sick Time Leave
- Legal and Identity Protection Plans
- Pre-tax Commuter Benefit
- 529 College Saver Plan
Motion Recruitment Partners (MRP) is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.