Kforce Traded Risk Control Business Analyst in New York, New York

Kforce has a client seeking a Traded Risk Control Business Analyst in New York, NY.Summary:Holders of this role are responsible for the delivery of the CCAR Global Market Shock end-to-end production process. The role may include working Market risk RWA calculation for various financial products according to Basel rules, Stress testing and scenarios analysis, and Sensitivity analysis and p/l decomposition. The holder will support ad hoc projects to further enhance and improve the overall CCAR program, given either internal changes related to the CCAR process and/or regulatory requirements issued by the Federal Reserve and/or OCC.Principal Accountabilities:

  • Maintains company internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators

  • Understands and ensure compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which jobholder is involved

  • Maintains company internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators

  • Implements the Group Compliance Policy as applicable to this role

  • Aware of the Operational Risk associated with this role; All actions undertaken during their employment with the company must take account of the likelihood of operational risk occurring

Role Dimensions (e.g. balance sheet size, lending/expenditure limits, size/volume of transactions, budget. in USD'000):

  • Support of the bank and broker/dealer balance sheets

  • Support as required of business functions in North and South America

  • The candidate will be ideally educated to degree level in a numerate subject; Advanced degree preferred (MBA/MS in Finance/Statistics)

  • Minimum of 3- 5 years as a BA in Market Risk or Counterparty Credit risk

  • 3-5 years of relevant finance/business/risk/statistical experience in financial services

  • Excellent understanding of risk measurement frameworks across risk types (i.e. market risk, credit risk, liquidity risk) and within risk types (e.g. VaR, Stressed VaR and IRC within market risk)

  • Experience in Stress Testing and/or Scenario Design

  • Experience and knowledge of CCAR strongly preferred - CCAR or Bank holding, FRY9/14 experience

  • Experience supporting delivering of regulatory projects including

  • In depth knowledge of large, global system infrastructure projects within a business change role

  • Solid experience in gathering and writing requirements and functional specifications

  • Demonstrated problem solving and analytical abilities including the ability to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details and apply sound business knowledge

  • Excellent interpersonal, verbal and written communication; Ability to run working groups and workshops as needed

  • Demonstrated ability to multi-task and work independently, as well as work collaboratively with other teams, some of which may be geographically distributed

For a MR candidate:

  • Have an in depth understanding of those factors affecting market risk management, its systems, processes and functions; This includes Market risk calculations including sensitivities and VAR

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.Compensation Type:Hours