Monitor regulatory developments released by the U.S. banking agencies and the Basel Committee on Banking Supervision and proactively evaluate their impact on the Bank’s capital ratios
Develop analyses in support of the Bank’s advocacy effort to the FRB, FDIC and OCC concerning regulatory changes that have substantial capital implications
Collaborate with the Regulatory Affairs group and engage with industry forums to recommend enhancements to proposed regulations
Provide rule interpretation and technical expertise to various functions across the organization, including with respect to the treatment of new products and of the restructuring of existing deals
Collaborate with various functions to identify and execute capital optimization initiatives through enhanced interpretations, data improvements or contract amendments
Assist business units with ad-hoc RWA modeling requests and provide meaningful inputs to assess the profitability of the Bank’s activities in the future
Maintain and enhance the Basel policy framework as new product offerings are designed and new regulations are issued by the U.S. banking agencies
Perform an ongoing assessment of the Bank’s RWA treatments; identify potential weaknesses, escalate and remediate them to strengthen the Basel program
Guide team members in performing quantitative analyses to produce materials presented to the FRB/senior management
Engage in strategic Basel related analytical projects pertaining to RWA and Leverage Ratios
Lead team members in developing analytical frameworks to support the organization in analyzing and quantifying the impact of upcoming regulations
Requirements
Bachelor’s in Finance, Economics or a related field
Master’s in Finance or Business Administration, CFA/CPA preferred
Eight or more years of experience in the banking/financial services industry with an advanced knowledge of banking industry products, services and capital markets activities
Advanced knowledge of the U.S. capital rules and of the upcoming Basel IV framework, incl. an understanding of risk management aspects (e.g., credit market and operational risk)
Proficient in PowerPoint, Word, Excel and other similar tools
Benefits
Generous medical care
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Retirement savings plan (401K) with company match
Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
Access to our Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
Eligibility for certain tax advantaged savings plans
Flexible Work Program to help you match your needs
Development programs and educational support to help you reach your full potential
Paid volunteer days
Matching gift program
Access to employee networks that help you stay connected
Job title
Vice President, Finance Regulatory Basel Policy and Capital Analysis
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