Top US Bank seeks Credit Analyst to play a central role in embedding the ICAAP through the effective and regular reporting of value-added analysis and metrics that allow relevant Committees, Senior Management and the Board to understand changes and trends.
The initial focus of the role will be to develop and deploy capital and (capital) risk appetite reporting for the Bank's Capital Markets and Wealth Management platforms in Europe.
The position will also be required to assist other team members in undertaking capital planning, stress testing analysis and other tasks as required.
This is good opportunity for the right individual to expand their skills and knowledge set beyond capital/financial reporting.
The Role:
-Oversight, project management, co-ordination, and delivery of the ICAAPs for the Bank's European banking group.
-Assisting in the development and implementation of policies and processes to meet emerging regulatory requirement on Stress & Scenario Testing.
-Ensuring that risk policies become embedded in the organization through active engagement with all key stake-holders: business leaders, risk managers, compliance.
-Monitoring and advising on Economic Capital deployment across our range of risk types and business lines. Quantification and aggregation of economic capital profile accompanied with analysis pertaining to risk profile changes. Updates and enhancements to local economic capital approaches/models are required.
-On-going review and analysis of best options for the Bank's London Branch and International Wealth Management units to adhere to new regulatory standards around market, credit and liquidity risk. Monitors regulatory pronouncements from regulatory bodies such as BCBS, CEBS and FSA. Ensures the Bank is well-placed to respond to changing regulatory requirements.
Ideal Candidate:
-A good first degree in a finance/economics or other appropriate discipline,
-Ideally 2-3 years experience in a capital reporting and analysis role,
-Investment Banking background,
-Familiar with ICAAP,
-Understanding of regulatory framework for bank capital,
-Familiarity with Basel 2 framework and familiarity with emerging standards in risk policies from BCBS, CEBS and FSA.
Keywords: Credit, analyst, Risk, ICAAP, Basel II, Economic Capital, London, UK
Apply by email.
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