Risk Reporting - Associate

You are a strategic thinker passionate about driving solutions in Risk Reporting. You have found the right team.

As a Risk Reporting Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. You will be responsible for firm wide asset and liability management for one of the world’s largest global financial institutions with a $2.5 trillion balance sheet, including more than $900 billion in loans and $1.4 trillion in deposits.  Because it sits at the very center of the firm, TCIO directly influences the composition of the firm’s balance sheet as well the activities of the firm’s four main lines of business (LOBs): Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank, and Consumer & Community Banking.

Job Responsibilities 

• Perform weekly/monthly IRRBB reporting for the bank at both legal entity and business level
• Perform product reconciliations & perform variance analysis and reporting
• Determine business drivers behind variances and communicate impact to partner groups and risk oversight 
• Lead data error identification, notification and adjustments
• Identify opportunities for process improvements, remediate data quality issues, automation etc.
• Convert large datasets into comprehensive analytical and visual presentations
• Work with global CTMO peers, Technology, Program Management, and LOB stakeholders to continually improve the end-to-end operating model and data quality of interest rate risk reporting and analysis
• Continually identify and enhance the overall control environment and operating model across the core operational activities, improving timeliness and reducing operational risk to the firm

Required qualifications, capabilities, and skills

• CA/Master’s degree in finance, Accounting, Risk or related field
• 8+ years’ experience in financial services industry. Experience with Interest Rate Risk and Banking Book products IRRBB (deposits, loans, debt, investments, derivatives, etc.)
• Knowledge in balance sheet products 
• Independent critical thinking, problem-solving skills
• Strong written and verbal communication skills 

Preferred qualifications, capabilities, and skills

• Strong technical skills (particularly in MS Excel). Experience with SQL, Python\VBA, Alteryx or data visualization tools such as Tableau are a plus