Risk Remediation Analyst
Tampa, Florida
Hybrid
Contract
$83/hr - $89/hr
Grow your career as a Risk Remediation Analyst with an innovative global bank in Tampa, FL. 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. Will provide support for remediation of firm-wide issue on governance & framework of non-structural FX Risk in Banking Book. This will include defining methodologies for risk identification, establishing risk appetite/limits, and building consistent procedures & comprehensive controls. 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. Will provide support for remediation of firm-wide issue on governance & framework of non-structural FX Risk in Banking Book. This will include defining methodologies for risk identification, establishing risk appetite/limits, and building consistent procedures & comprehensive controls. 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
- Thorough understanding of FX risk management & hedging methodologies.
- In depth knowledge of treasury functions and balance sheet management.
- Knowledge of FRTB regulatory requirements (new regime for FX risk capitalization).
- Expertise in data analyses (Python/SQL/Excel/Access).
- Relevant experience in model methodologies.
- Collaborate with Finance CRO Risk, Treasury, Technology, various Business line, Compliance, Model Risk, and Finance Controller teams in pulling together process/system flows and getting a good understanding of the data points.
- Perform deep analyses of the balance sheet exposures related to FX and develop. methodologies to quantify the open risk and extent of gap in risk analytics reported in VaR.
- Support the build for new governance, framework, and control processes for management of FX Risk in Banking Book.
- Ensure appropriate documentation including updating/creating new Policies, Procedures and Standards to memorialize the new governance structures.
- Manage the project efficiently by logging, tracking and escalating issues through their lifecycle.
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.