Market Risk Data Analyst
New York, NY
Contract
$91/hr - $98/hr
Grow your career with an innovative global bank in New York, NY as a Market Risk Data Analyst. Contract role with strong possibility of extension. 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. Will support Markets businesses and functions in driving transformation in underlying risk and control processes. Will involve collaboration with stakeholder groups to define a best in class target state, with a robust control framework as well as a set of practical actions to achieve.
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: 12+ Months
Required Skills & Experience
- 7+ years of hands-on experience in as a Business or Data Analyst in a large global bank.
- Must have strong Data Quality experience, Controls understanding, Front Office experience, and Markets experience.
- Experience in data quality Issue management (IM) role leveraging glossary, lineage, and data quality tools to drive IM governance and reporting
- Knowledge of global markets trading products (Fixed Income, Spread Products, Equity, Rates & Currencies, Commodities) and/or Treasury Investments.
- Expert in creating and executing a clear governance framework that improve the quality and value of data to meet regulatory commitments and enhance risk management.
- Experience in structured project management techniques in a front office environment industry experience in data, data management and/or regulatory initiatives.
- Data methodologies/frameworks and demonstrable appreciation of the need for and impact of controls, thresholds and Data Quality rules plus fundamental data terminology.
- Experience in data process flows front-to-back, risk and control, markets, operations, and support & control areas within a large bank/dealer.
- Proficiency in PowerPoint, Word, Outlook, and MS Teams including Hub, Channels, Chats & Document sharing.
- Demonstrable experience of coordinating with stakeholders to drive changes and understand process impact on topics including issue resolution and controls as a consultant or internal change group.
- Knowledge of, and experience in, analyzing legislative, regulatory/supervisory and legal/compliance texts and analysis.
- Effective organizational influencing skills required.
- Ability to see the big pictures with high attention to critical details.
- Ability to understand the purpose of the process in terms of the greater context of the business, the products related to the process, what data is being captured and the reports that are produced.
- Ability to gain consensus among project teams, and drive initiatives to completion effectively.
- Ability to develop and implement strategy and process improvement initiatives.
Desired Skills & Experience
- Excellent proficiency in Tableau (metrics and data analysis)
- Strong project management skills.
What You Will Be Doing:
- Responsible for managing and supporting multiple Price Risk data quality governance forums and sub-forums, including the production of meeting agenda and minutes.
- Implement processes for the effective internal Data Management controls by monitoring business data quality reports with associated key indicators & metrics, and driving continuous improvement initiatives within the business, resulting in reduction of inherent risks.
- Engage in a process of data quality issue triage, raising Business priorities & providing proactive guidance to your partners.
- Implement Data Quality reporting through the definition and implementation of business, data and system related control and remediation frameworks at points of capture in order to resolve data quality exceptions.
- Works closely with business partners on findings and makes recommendations on improving practices.
- Understanding of relevant policies and applicability to Markets, establish ongoing process to identify and implement changing or new policy requirements, and ensure no known gaps or otherwise identified and being remediated.
- Leverages data quality issues to examine impacts to Customer Experience and Regulatory breaks.
- Can exercise independence of judgement and autonomy.
- Acts as SME of the DQ IM process to senior stakeholders and /or other team members.
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.