Volcker Controls Specialist
New York, New York
Hybrid
Contract
$75/hr - $80/hr
Grow your career as a Volcker Controls Specialist with an innovative global bank in New York, NY. 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. 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
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: 12+ Months
Required Skills & Experience
- Bachelor’s/University degree.
- 3 to 10 years of market risk experience.
- Hands-on experience in implementing structured business/operational processes and associated business requirements documentation.
- Understanding of global markets trading products (Fixed Income, Equity, Currencies & Commodities) and/or securities services (Prime, Collateral, Clearing, Custody, Fund Services).
- Understanding of Front Office trading processes across the full trade lifecycle within a large bank/dealer.
- Experience with JIRA, Corporate Applications, and advanced Excel skills.
- Experience with PowerPoint and SharePoint.
- Comfort in working with large data sets.
- Project management/business analysis skills; ability to gain consensus among staff and drive initiatives to completion effectively.
- Verbal and written communication skills, to effectively produce documentation. Ability to communicate complex technical issues to non-technical colleagues.
- Appropriate industry knowledge & delivery track record.
- Conduct daily Volcker controls monitoring. Investigate exceptions impacting desk’s documented scope and deviations from permissible activities.
- Communicate and coordinate with various different stakeholders to ensure exceptions are remediated within established SLAs.
- Be the central point of contact for maintaining the hierarchy structure. Make updates to keep the structure aligned to finance updates or as required by business objectives.
- Conduct monthly metrics reviews with various businesses. Document any outstanding issues and work with stakeholders for remediation.
- Perform semi-annual and annual processes ensuring the relevant procedures are being adhered to, at all times.
- Perform ad-hoc requests for senior management including PowerPoint decks, data pulls, and Internal Audit (IA)/Regulatory requests.
- Identify, prioritize and proactively manage dependencies, risks, exceptions and issues.
- Partner with the wider Price Risk & Controls team to improve alignment of Volcker to FRTB requirements.
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. 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.