Risk Remediation Analyst

Risk Remediation Analyst

Posted 4 days ago by 1749731160

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Negotiable
Undetermined
Hybrid
Tampa, Florida
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Balance Sheet Banking Conversion Rate Optimisation Data Analysis Device Tracking Software Finance Financial Services Foreign Exchange Risk General Insurance Hedging Individual Life Insurance Management Management Process Risk Analytics Risk Management Scheduling Value At Risk (VaR)

Summary: The Risk Remediation Analyst role at a global bank involves supporting the remediation of governance and framework issues related to non-structural FX Risk in the Banking Book. The position is contract-based with a strong possibility of extension and requires a hybrid working schedule of 2-3 days onsite in Tampa, FL, or remotely following the EST schedule. The role emphasizes collaboration with various teams to enhance risk management processes and methodologies. Candidates will engage in data analysis and documentation to support the development of new governance structures.

Key Responsibilities:

  • Collaborate with Finance CRO Risk, Treasury, Technology, various Business lines, Compliance, Model Risk, and Finance Controller teams to understand data points and process/system flows.
  • Perform deep analyses of balance sheet exposures related to FX and develop methodologies to quantify open risk and gaps in risk analytics reported in VaR.
  • Support the build for new governance, framework, and control processes for managing FX Risk in the Banking Book.
  • Ensure appropriate documentation by updating/creating new Policies, Procedures, and Standards to memorialize new governance structures.
  • Manage the project efficiently by logging, tracking, and escalating issues throughout their lifecycle.

Key Skills:

  • Thorough understanding of FX risk management and 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.

Salary (Rate): £66.00 hourly

City: Tampa

Country: United States

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Grow your career as a Risk Remediation Analyst with an innovative global bank. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week in Tampa, FL or remotely from other locations (following EST schedule).

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.
What You Will Be Doing
  • 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. 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.

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