Regulatory Capital Management Office Job Description
Regulatory capital management office
provides interpretations of local regulatory rules across the EMEA region with respect to: (i) proposed transactions; (i) local regulatory rule changes; (iii) capital allocation and efficiency opportunities; and (iv) evaluation of local regulatory capital implications for expansion, growth, or contraction plans.
Regulatory Capital Management Office Duties & Responsibilities
To write an effective regulatory capital management office job description, begin by listing detailed duties, responsibilities and expectations. We have included regulatory capital management office job description templates that you can modify and use.
Sample responsibilities for this position include:
Manage completion of Fed templates and associated narratives related to capital and balance sheet
Key responsibility deals with understanding and analyzing the firm’s RWA and Capital under Basel III rules and regulations
Partner with CIO / Treasury analytical functions to align the allocation framework with other balance sheet optimization efforts
Example - Lead/participate in the independent assessment to evaluate appropriateness of key assumptions and methodology utilized in estimation methods to forecast P&L/ Balance Sheet and identify potential for improvements in the approach
Regulatory capital
Risk issues
Bank supervision and rules
Financial markets regulation
Liaise with Fed, OCC and FDIC on items which are critical to ongoing implementation of the Basel III Standardized and Advanced Approaches
Produce capital projections for stress scenarios
Regulatory Capital Management Office Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Regulatory Capital Management Office
List any licenses or certifications required by the position: PRM, FRM, CFA
Education for Regulatory Capital Management Office
Typically a job would require a certain level of education.
Employers hiring for the regulatory capital management office job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Statistics, Accounting, Engineering, Graduate, Math, Computer Science, Management, Mathematics
Skills for Regulatory Capital Management Office
Desired skills for regulatory capital management office include:
Regulatory capital rules
Financial products
Financial markets and regulatory requirements
Balance sheet
Income statement and basic accounting concepts
Asset management
Clearing & Collateral Management
Credit products and derivatives
Investor Services - Custody & Fund Services
Basel III rules
Desired experience for regulatory capital management office includes:
Perform detailed variance analytics on LOB RWA and firmwide capital to enable senior management to understand key drivers underlying results
Collaborate with Corporate M&A and Accounting Policy to assess capital impacts of potential M&A transactions
Respond to ad-hoc analytical requests from senior management and other Corporate/LOB groups
Respond to ad-hoc analytical requests from key partners such as Corporate Treasury, Corporate Finance Analytics and Investor Relations senior management
Identify additional information sources
Respond to ad-hoc analytical requests from key partners such as Corporate Treasury, Corporate Finance Analytics and Bank Controllers team senior management
Regulatory Capital Management Office Examples
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Regulatory Capital Management Office Job Description
Job Description Example
Our growing company is looking to fill the role of regulatory capital management office. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for regulatory capital management office
- Partner with the Markets Business to ensure ongoing compliance with the Firm’s Guidance on Risk Weighted Assets (RWA) and model governance requirements
- Develop and maintain regulatory capital policies
- Log data issues, root cause and economic impacts in centralized Firmwide data tracking tool
- Participate in the independent assessment of forecasting frameworks used across the Firm for CCAR/DFAST
- Providing interpretations and guidance on the U.S. regulatory capital treatment of global activities of the Markets Business large or novel transactions, partnering with internal Front Office and Finance teams internal subject matter experts
- Providing support to and oversight of the Market Risk practice with respect to compliance with U.S. regulatory capital requirements, including playing an active part in the model risk governance framework
- To lead key initiatives related to infrastructure build out and improvements – which includes project management aspects writing and reviewing BRDs – in partnership with Policy and Technology
- Ownership and Project management of key initiatives related to the build out of the Firms target state infrastructure
- Coordinate and support with Risk stripe leads to prepare management materials on key business initiatives
- Manage Basel III advanced team members
Qualifications for regulatory capital management office
- User Acceptance Testing (UAT) including writing test scripts and executing test plans
- Ability to multi-task and be hands on to develop subject matter expertise
- Ability to operate in a fast paced environment to meet deadlines under pressure
- Experience in statistical modeling software (SAS, EViews, R, Matlab )
- Strong understanding of the U.S. application of Basel III capital requirements in the following areas
- Strong analytical skills and the ability to develop solutions that appropriately balance pragmatism, commercial reality technical purity
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Regulatory Capital Management Office Job Description
Job Description Example
Our innovative and growing company is hiring for a regulatory capital management office. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for regulatory capital management office
- Represent Derivatives team on relevant committees
- Production of SLR and CCP DF RWA
- Enhance teams Basel UAT audit trail & test scripts
- Work with Legal and Reg Policy in design and implementation of new reporting requirements
- Represent Derivatives team and aid completion of internal & external audits
- Manage and drive closure of reporting gaps / issues / errors
- Manage Basel Technology Prioritization
- Manage a team across Delaware/NY/Bangalore
- Coordinate and participate in forums between key stakeholders (QR, MRG and MGG) in SFA model development to discuss model development and implementation issues and socialize/develop issues for presentation to the relevant forums
- Participate in Policy Discussion Group (PDG), Policy Working Group (PWG) and peer groups on regulatory capital issues
Qualifications for regulatory capital management office
- Prior Planning, CCAR or Basel regulatory capital experience
- Experience Project Managing large initiatives across multiple functional groups
- Bachelors degree and 4+ years experience working in financial services
- Experience and technical understanding of Derivative & other Investment Banking products
- Exceptional excel/database/desktop skills
- Projects - Research
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Regulatory Capital Management Office Job Description
Job Description Example
Our growing company is looking for a regulatory capital management office. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for regulatory capital management office
- Support ongoing re-engineering efforts in the securitization space to automate the E2E securitization credit risk capital production cycle
- Coordinate quarterly Pillar III reviews
- Assist in the long-term development of the capital allocation framework – adjusting the approach for new regulatory changes, shifts in the Firm’s binding capital constraint
- Prepare material for Investor Day, Board of Directors meetings, and Operating Committee offsite
- Partner with stakeholders within the team and outside on high priority reviews and ad hoc requests concerning Stress-Testing and Recovery & Resolution planning
- Understand methodology used in the financial calculations and its broader impact / contribution to the firm’s overall finance / risk framework to assess conceptual and financial soundness of implementations compliance with rules and best practices in Stress-testing and Resolution Planning
- Perform deliverables related to the monthly production cycle for RWA calculation and reporting
- Analyse RWA trends and forecast-to-actual variances
- Prepare submissions to external regulatory filing deliverables including the FR Y-9C, FFIEC 101 and Pillar 3
- Work on technology release testing to onboard production to target state platform
Qualifications for regulatory capital management office
- Creative self-starter with strong initiative and ability to take ownership and work independently contribute to the broader team
- Excellent working knowledge of Excel, PowerPoint, and Microsoft Project desirable
- Experience in statistical modeling software a plus (SAS, EViews, R, Matlab )
- Strong Excel skills required (VBA / SQL is a plus)
- Excellent interpersonal skills to collaborate effectively with cross-functional groups to manage team
- Prior experience of SAS or SQL for modeling would be a bonus
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Regulatory Capital Management Office Job Description
Job Description Example
Our innovative and growing company is looking for a regulatory capital management office. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for regulatory capital management office
- Partner with Core Capital Stress Testing to develop the Firm’s internal view of macroeconomic and idiosyncratic stress as a key attribute in how the Firm allocates capital
- Partner with other functions within the Capital Controllers organization including Capital P&A and Strategy
- Stay abreast of regulatory and industry requirements in finance / risk / accounting to manage reviews and changes in processes
- Monthly production cycle for RWA calculation and reporting, including Basel 3 Advanced, Basel 3 Standardized, CCP, and Supplementary Leverage Ratio
- Partner with technology to implement operational efficiencies and onboard production to the target state platform
- Actively manage the shared team calendar to represent critical submission dates and work effectively with other team members to coordinate/plan meetings and conference calls, which may involve numerous time zones
- Prepare and design presentations and stand-alone materials for senior management and large stakeholder community on key business and technology initiatives in partnership with BM&A senior management
- Manage and engage in projects in the BM&A Implementation team project portfolio
- Review and manage process for quarterly variance analytics of RWA
- Assist in the long-term budget and mid-year forecast projections and discussions
Qualifications for regulatory capital management office
- Working knowledge of banking products and/or Basel rules would be a bonus
- Prior P&A or regulatory reporting (FR Y-9C, FFIEC 101, FFIEC 031, FR Y-14) experience preferred
- Master’s degree in Finance, Econometrics, Statistics or a related quantitative field
- 10 years of work experience in job offered or 10 years of work experience in a financial analyst-related occupation
- Significant expertise in Regulatory policies (specifically Basel 2, 2.5, 3)
- Knowledge of CCAR regulatory requirements is a plus
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Regulatory Capital Management Office Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of regulatory capital management office. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for regulatory capital management office
- Ownership of key initiatives related to the build out of the Firms target state infrastructure including Capital Desktop, GAUSS calculators, and Target State infrastructure analysis
- Establish program working groups and committees to deliver data quality status updates and escalate issues to the RCMO, Capital CDO, Credit, Lines of Business and Risk senior management
- Responsible for representing RCMO Data Quality Management program for Capital
- Responsible for representing RCMO Data Management projects
- Oversee capital updates for Q&A and investor day including collaboration with other areas within the Firm needed to compile capital related Q&A for senior management
- Manage and engage in projects in the BM&A Implementation team project portfolio related to Target State and BAU
- Own oversight of the BM Risk Control Self-Assessment execution of key controls
Qualifications for regulatory capital management office
- Distil regulatory documentation into key requirements for use in assessments
- Ability to assess aspects of policy, technology and operations, model development, model review, data governance and management, statistical and data analyses, new business and new product initiatives, and project management
- Liaise with businesses, modelers, technology and operations to perform assessments
- Assess compliance with requirements and produce a report of findings for management
- Produce well-documented reports and present key findings to senior management and stakeholders
- Stay current with emerging regulatory requirements and expectations, and stay plugged into developments in models, data, systems, and processes