Capital Markets Risk Officer

25 Jun 2024

Vacancy expired!

Req ID: R0062966The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.Need Help?If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email toAccessibilityor call 877-891-2510 (accommodation requests only; other inquiries won't receive a response).Regular or Temporary:RegularLanguage Fluency: English (Required)Work Shift:1st shift (United States of America)Please review the following job description:As a member of the Market & Liquidity Risk Management (MLRM) team within the Risk Management Organization (RMO), provide senior managers with independent quantitative and qualitative assessments of risk management practices and risk levels. This specialized job family framework includes promoting Truist’s compliance with Board-stated risk appetite and regulatory standards across the securities or derivatives portfolios within Corporate and Investment Banking (CIB).Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. Support the company’s strategic direction for Market Risk and ensure market risk exposures are in line with the firms established risk appetite.

Key member of the MLRM team in measuring, monitoring and analyzing the organization's market risk exposure using risk attribution, stress testing & scenario analysis.

Oversee daily market risk limit and exception reporting while ensuring the appropriate levels of awareness and communication within the organization.

Utilize strong quantitative, financial and statistical experience to develop and maintain the framework (systems, models, processes, limits, policies and procedures) used for calculating and reporting daily risk levels (Value-at-Risk ‘VaR’, Greeks, stress tests, Potential Future Exposure ‘PFE’, Credit Valuation Adjustment ‘CVA’, etc.) using complex quantitative risk models.

Assist in ensuring compliance with regulatory rules (Market Risk Rule, FRTB, Volcker Rule, Swap Dealer Rule etc.) and guidelines pertaining to market risks. Directly and indirectly liaise with internal and external staff in relation to regulatory matters.

Work seamlessly with other teams across the MLRM department on inter-dependent issues such as counterparty and liquidity risk, valuation/hedging analyses and IPV. Also liaise with business and control partners including operations, collateral management, marketing/ sales, trading, quantitative research, model development, internal/external audit, legal and compliance.

Represent the MLRM control discipline across various senior level committees, working groups and strategic initiatives and/or projects.

Formulate strategies, policies and procedures while proactively overseeing consistent application, implementation, monitoring and reporting to senior management.

QUALIFICATIONSRequired Qualifications:The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Bachelor’s degree, or equivalent education and related training.

5-7 years in positions that carry increasing levels of responsibility in major financial institutions, financial services consulting, and/or regulatory agencies.

Strong interpersonal and communication skills, applicable at all levels across the business. Ability to understand and communicate complex products, strategies and risk issues.

Knowledge and experience of financial risk management, banking, capital markets and financial instruments.

Demonstrated understanding of quantitative models, complex applications, theories and concepts such as Value at Risk (VaR), Potential Future Exposure (PFE) and Expected Exposure (EE).

Knowledge and work experience in valuation of derivatives including CVA (Credit valuation Adjustment) and FVA (Funding Valuation Adjustment).

Must possess knowledge of risk management and control processes, especially of the applicable risk compliance regime including designing, developing and implementing risk programs and policies.

Experience with interpreting regulations and developing oversight programs for capital markets related regulations.

Self-starter, capable of operating with minimal direction; high degree of self-motivation with strong track record of execution and delivery.

Strong ability to form and maintain key internal and external network and relationships.

In terms of supervision and decision making, while functioning within a highly integrated team, the position is also required to function in an autonomous capacity.

Preferred Qualifications:Experience in capital markets, market/liquidity/credit risk and held a leadership position at a financial institution.

Experience interacting with banking and industry regulators.

Advanced degree with specialization in Finance, Economics, Accounting, Math, Business Administration or related fields.

5-7 years of experience in financial risk management of trading and non-trading risks.

Professional certifications (e.g. Financial Risk Manager or CFA).

Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify© 2017 SunTrust Banks, Inc. All rights reserved.SunTrust is federally registered service marks of SunTrust Banks, Inc.

Full-time
  • ID: #43627255
  • State: Georgia Atlanta 30301 Atlanta USA
  • City: Atlanta
  • Salary: USD TBD TBD
  • Showed: 2022-06-25
  • Deadline: 2022-08-24
  • Category: Et cetera