FRTB Project Management Support

New York, NY

Hybrid

Contract

$100/hr - $107/hr

Grow your career as a FRTB Project Management Support with an innovative global bank in New York, NY. Contract role with strong possibility of extension or conversion to full-time employment. Will require working a hybrid schedule 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: 4+ Months

Required Skills & Experience
  • Bachelors/University degree.
  • 10+ years of financial industry experience at Tier 1 Bank or Big 4 consultancy firm.
  • Experienced in FRTB SA (Standardized Approach) and IMA (Internal Models Approach) or general exposure in market risk and with sufficient knowledge level with respect to risk sensitivities (e.g., greeks) to be able to provide meaningful thinking and solutioning that are functional and sustainable.
  • Technical skill to work with large set of data using SQL, VBA, or Python.
  • Working knowledge of market risk, products (Rates, Credit, FX, Equities, Commodities).
  • Proficiency in MS Office Suite (especially Excel, Word, PowerPoint).
Desired Skills & Experience
  • Masters degree.
  • Any certification (CFA, FRM).
  • Data control experience.
  • Experience with BA / PM tools like JIRA, confluence, and SharePoint.
What You Will Be Doing
  • Manage the end-to-end market risk related control build testing of FRTB, starting with the Standardized Approach (SA) portion. Will interface across multiple functions including PMO, quants, FO tech, risk tech, market risk mgmt., and finance.
  • Design and execute control relating to data quality control based on direction given from lead designer.
  • Support control lead on assessment of existing controls design and seek where potential gap can be and drive the change for improvement.
  • Use SQL, Python, Tableau, VBA or equivalent tools to manage large set of data and produce spreadsheet-based report or tool that will be used tactically with some degree of automation.
  • Produce accurate and insightful project update materials (such as word, ppt), tailoring to various forums and committees.
  • Work closely with PMO team to help keep track various deliverables and milestones.
  • Manage internal and external dependencies across initiatives, including working closely with 1LoD (Trading, In-business risk, FO tech, quants) as well as 2LoD (market risk, risk tech, finance) teams.
  • Identify gaps, challenge others, and proactively seek to resolve or escalate risk and issues in a timely and well-articulated manner to the projects by engaging relevant stakeholders and PMs.
  • Produce accurate and insightful project update materials and artifacts used in weekly status update meeting.


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.

Posted by: Melissa Klein