GBM Supervisory Risk and Controls team is a First Line risk management function and manages business controls covering supervisory related risks arising from both Equities and Fixed Income Currency & Commodities (FICC) sales & trading activities, as well as pre-trade and post-trade controls for different regulatory obligations in the Global Banking & Markets (GBM) division. The team focuses on control design, implementation and enhancements to ensure risk in GBM is appropriately mitigated.
Roles and Responsibilities
Develop subject matter expertise on business controls and support coverage to effectively investigate and remediate business control issues that arise
- Support development of key metrics to measure effectiveness of the business control framework
- Build relationships with Sales/Trading including regular meetings with Supervisors to discuss their teamâs regulatory compliance exceptions.
- Work with Compliance and Legal on matters relating to regulatory compliance and conduct.
- Contribute to strategic initiatives to streamline pre-trade, trade and supervisory control design, workflows and processes across obligations
- Represent the team in all necessary forums for the business controls covered within the region including operating risks & control groups, as well as Management & Strategy (M&S) committees when needed
- Monitoring and Oversight of Control Actions and Control Effectiveness
- Execute the data governance framework, policies, standards, and guidelines
Basic Qualifications:
- Bachelorâs degree 2 - 5 years of relevant work experience with exposure to regulatory implementation or specific knowledge of front office supervision frameworks
- Good understanding of risk & controls framework across Trading & Sales businesses
- Good understanding of securities markets, derivative products and Sales & Trading functions and ability to build relationships with sales / trading personnel
- Prior exposure to regulatory trading obligations such as MiFID II, Margin Rules and Clearing and Execution reporting obligations
- Ability to prioritize and meet simultaneous competing demands and a passion for a drive to deliver in a rapidly changing environment
- Experience managing projects, and building and maintaining stakeholder relationships; communicating with influence
- Ability to identify and articulate complex issues to a diverse group of stakeholders, propose mitigates/solutions and escalate appropriately
- Demonstrate effective analytical, critical thinking, and perform root cause / trending / impact analysis to drive decision making
- Experience with data blending and data visualization software such as Alteryx, Tableau, QlikView, Power BI, is desirable but not required
