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Capital & Liquidity Policy, Vice President



New York, NY, USA
Posted on Thursday, July 11, 2024

Job Description

Job Summary:

As a Vice President in Capital & Liquidity Policy, you will help to interpret and provide guidance on US regulatory capital and liquidity rules for current, pending, and proposed strategic business initiatives and transactions in support of the CIB Markets business, Risk, Finance and Technology. You will be responsible for delivering high quality regulatory capital & liquidity analyses and reviews by maintaining a high level of current technical knowledge and applying it to generate high quality support and oversight; obtaining a clear understanding of the business initiative/transaction/scenario in question ensuring all relevant key facts are considered; understanding the economic drivers and other factors relevant for the situation in question including the substance of the arrangement; independently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectations; performing a comprehensive and balanced analysis addressing the strengths/weaknesses of the potential conclusions; ensuring consistency in application through review of historical analyses and consultation with SMEs having performed the initial analysis; and proposing conclusions that appropriately consider the relevant regulations and supporting regulatory guidance, regulatory feedback along with considerations such as risk, operational feasibility, market practice, and materiality

Job Responsibilities:

  • Help to interpret and provide guidance on US regulatory capital and liquidity rules for current, pending, and proposed transactions in support of Front Office, Risk, Finance and Technology.
  • Review and interpret US and International Capital & Liquidity Rules and Proposals
  • Aid in the activities of established teams in Finance and Risk to ensure compliance with U.S. regulatory capital & liquidity requirements
  • to provide input and support to the teams working with the U.S. regulatory agencies regarding, regulatory examinations, capital and liquidity policy and ad-hoc inquiries
  • Support Finance, Front Office and management teams across the globe with respect to application of US regulatory capital & liquidity rules (and where they differ from local/regional requirements) and
  • Help to increase involvement and partnership in Americas policy guidance, RWA production, and independent review.

Required qualifications, capabilities, and skills:

  • A minimum of 7 years relevant work experience, banking and finance experience with either a leading bank or a Big Four accounting firm.
  • Strong knowledge of financial products and understanding of trading strategies.
  • Strong knowledge of the US Basel III capital rule.
  • Ability to perform a comprehensive and balanced analyses of complex trade structures independently/ under minimum supervision
  • Excellent interpersonal and communication skills
  • Demonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience, while explaining the business purpose and intent of the transaction/scenario being presented/evaluated

Preferred qualifications, capabilities, and skills:

  • Experienced in operational audit and compliance preferred
  • Experienced in regulatory capital calculation and reporting infrastructures
  • exposure to quantitative model development or management preferred
  • Prior experience in the market risk area preferred