|Title||Financial Business/Data Analyst|
1. SA-CCR – as of July 2020, a newly introduced standard for the measurement of derivatives exposure and will be used in the calculation of Bank capital requirements, leverage ratios, and other exposure measurement needs.
2. Single Counterparty Credit Limits (SCCL) – as of January 2020, banks will be measured and managed based on exposures to single material counterparties. This process will require both daily daily management reporting and external statutory reporting in order to meet regulatory mandates.
Our client is a software and services company that assists banks and insurance companies with regulatory, compliance and data challenges. Our client has provided banks with controls automation, regulatory reporting, and data delivery solutions that have mitigated risk and successfully remediated MRAs. They have extensive experience in derivatives, secured financing transactions, lending, securities, and deposits.
What They are Looking for
The ideal candidate is a talented individual with a Financial Services/Risk Management background. This individual must be a proven self-starter, capable of performing in the role of individual contributor as well as a contributing member of an existing team currently assigned to a major Client project.
In addition to business analysis skills such as requirements gathering, writing BRD’s, performing UAT testing, the candidate will need to be able to understand and lead the client to a solution that fits their needs, resulting in the successful adoption of SA-CCR and SCCL. This will require prototyping and presenting concepts that will pave the way for large scale development efforts.
Bachelor Degree in Accounting, Finance, Economics and or Computer Science