Job Description:

Background

Counterparty Credit Risk Analytics (Data Controls & Integrity) is a function within GBAM Risk. The group's primary function is to ensure adequate controls and processes exist to validate the firm's Traded Products activity for the purposes of Credit and Capital (Basel) calculations.

CCRA ARCTIC Data Management is responsible for data validation of the Traded Products repository (ARCTIC) utilized in Basel RWA capital calculations. The Basel control framework requires accurate representation of the bank's Books and Records in all RWA capital calculations performed. In addition, given that ARCTIC is also the data source for a number of Credit and Collateral Management processes, the team is also involved in managing these related work-streams.

• Challenge existing processes to develop synergies, ensure alignment, and stronger controls.
• View the Credit and Capital environment from a holistic stand-point, and be able to identify inter-connecting issues.
• Leverage knowledge of Balance Sheet management and be able to challenge certain Accounting or GL entries (as appropriate).
• Oversee the reconciliation results across specific GL Asset/Liability classes and be able to handle all day-to-day inquiries from numerous downstream stakeholders.
• Address data gaps, execution of tactical and strategic solutions
• Work to ensure certain trade and indicative data is complete, accurate and received on a timely basis.
• Liaise with Middle Office and Legal Entity Controllers on reconciliation, with the view to resolving all outstanding breaks
• Work with Technology groups and establish controls to ensure all critical dependencies and batches processing are identified, understood and manage
• Provide business specifications for technology enhancements
• Coordinate with Middle Office and technology to ensure accuracy of the resolution implementation
• Perform User Acceptance Testing
• Assist in preparation of monthly reporting presentations for senior management and Enterprise Capital Reporting

• Bachelors degree or equivalent years of experience
• Preferred candidate will have Accounting qualifications (CPA/Chartered)
• Experience in Finance, Credit Risk, Data Reporting
• Strong Traded Products knowledge, with exposure to Credit Risk and Basel rules,
• 3+ years experience in reporting metrics to management and 2+ years experience in data analysis
• Ideally basic knowledge of the overall ARCTIC vs. GL Reconciliation process
• Advanced proficiency in MS Excel and Power Point is required
• Knowledge of Chart of Accounts hierarchy, with preferred knowledge of Oracle, SAP or Insight General Ledger.

• Must be proactive, highly motivated and be able to inspire confidence and results with the wider team
• Strong analytical skills combined with problem solving capabilities
• Excellent verbal and written communication skills required.
• Ability to multitask and see the issues holistically in a fast paced environment
• Candidate must be able to manage time sensitive issues, prioritize multiple processes and projects and articulate thought process for decision-making.
• Ability to work well in a team environment, Confidence and ability to work with all level of management,
• Highly detail oriented and organized - Candidate can identify and resolve issues quickly and accurately