Advisory - Financial Services Risk, Data & Regulatory Manager - Market Risk
Company: Deloitte
Location: New York
Posted on: May 17, 2022
Job Description:
Deloitte Risk and Financial Advisory's Financial Services
Industry (FSI) Risk, Data and Regulatory professionals help
organizations identify the changes impacting their business and
implement effective and efficient processes to manage dynamic
business and regulatory requirements in multiple areas including
market risk management. This will entail supporting clients as they
respond to evolving environments and implement programs, measures,
and tools to address needs related to market risk management and
reporting with a focus on risk, data and regulatory processes.
Work you'll do
The ideal candidate will have a genuine passion for driving
strategic transformation in the financial services industry
combined with relationship-building, leadership, and communication
skills. The ability to bring together stakeholders and persuade
senior clients to act is essential. A genuine passion for the
financial services industry, combined with relationship-building,
leadership, and communication skills will be critical to success.
Candidates should be energized by continuous personal improvement,
proactively seeking out new skills and perspectives and exhibiting
openness to coaching from senior colleagues and reviewing the work
of and contributing to the development of junior staff. Your
responsibilities will include:
- Supporting engagement delivery and internal initiatives in
response to evolving environments in the areas of risk management
and regulatory compliance
- Leading and delivering small engagements, or components of
large, complex engagements for financial services clients. Typical
engagements include implementation support, process improvement,
operating model design and implementation, risk assessment and
management, and controls testing engagements across three lines of
defense
- Working on engagements in a team-based environment, partnering
directly with clients and Deloitte colleagues
- Using a combination of direct management and hands-on delivery
to craft solutions for clients, guide and oversee the quality of
the team's deliverables and recommendations and manage day-to-day
stakeholder relationships
- Contributing to Deloitte's thought leadership and business
development activities including in areas of risk management and
stress testing
- Overseeing the engagement activities and development of junior
staff
Qualifications
Required:
- Master's degree in Computational Finance, Mathematical Finance,
or similar type of degree
- 7+ years of experience in a financial services organization
(preferably a bank, capital markets organization or broker-dealer),
regulatory agency, or consulting firm focusing on market risk or
market risk technology
- Strong experience with building market risk VaR/SVaR
calculation engines and components, i.e. sensitivity/grids
sourcing, time series sourcing, scenario generation, Service and
VaR Pricing
- Solid understanding of underlying data model and ETL layers
commonly used with VaR/SVAR engines
- FRTB implementation experience
- Development of market risk project documentation such as
Business Requirements Documentation, Functional Requirements
Documentation, Technical Requirements Documentation and User
Acceptance testing documentation
- Demonstrate strong project management skills, executive
messaging, deliverable development, and success acclimating to a
team delivery model
- Ability to work in a collaborative, team-based environment to
solve business challenges and drive change in large
organizations
- Project management lifecycle skills, including defining work
flows, defining business, functional, and technical requirements
documents, detailed project planning, process and data mapping,
defining key risks, testing, status monitoring, problem tracking
and resolution
- Eagerness to mentor junior staff
- Must be legally authorized to work in the United States without
the need for employer sponsorship, now or at any time in the
future.
- Ability to travel up to 50% (While up to 50% travel is a
requirement of the role, due to COVID-19, non-essential travel has
been suspended until further notice)
Preferred:
- Certification (e.g. FRM or CFA)
- Familiarity with risk and regulatory reporting (e.g., Basel,
CCAR)
- Familiarity with stress testing implications and processes
associated with market risk and relevant trading portfolios
- Working knowledge of scenario analysis, historical simulated
value at risk (VaR), Stressed value at risk (SVaR), US Basel III
risk-weighted-assets (RWA) including standardized charge
calculation
Keywords: Deloitte, New York , Advisory - Financial Services Risk, Data & Regulatory Manager - Market Risk, Accounting, Auditing , New York, New York
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