Global Banking & Markets, Supervisory Risk & Controls, Associate - New York

Team Overview: GBM Supervisory Risk and Controls team is a First Line risk management function and manages business controls covering supervisory related risks arising from both Equities and Fixed Income Currency & Commodities (FICC) sales & trading activities, as well as pre-trade and post-trade controls for different regulatory obligations in the Global Banking & Markets (GBM) division. The team focuses on control design, implementation and enhancements to ensure risk in GBM is appropriately mitigated.

Roles and Responsibilities

• Lead systematic pre-trade and post-trade control design, workflows and process implementation to support the First Line supervisory framework and regulatory obligations.
• Develop control requirements, including control logic and workflow design in conjunction with various stakeholders such as the business and compliance. This includes testing and managing the roll out process as well as business notification and training as needed
• Analyze data and trends to identify enhancements to existing controls to improve control performance and effectiveness.
• Drive strategic initiatives to streamline controls across obligations and businesses.
• Build relationships with Sales/Trading, Engineering, Compliance, Legal and Operations globally to improve First Line control suite on an ongoing basis.
• Train associated persons on controls tooling.
• Represent the team in necessary governance forums for the business controls covered within the region when needed.
• Provide control owner input into design features and functionality impacting the broader strategic supervisory platform to ensure continued control performance across the Supervisory control suite.

Basic Qualifications:

• Bachelor's degree.
• 5-7 years of relevant work experience with specific knowledge of front office supervisory framework or exposure to regulatory implementation.
• Prior experience in working with Engineering to lead data strategy and uplift of controls preferred
• Familiarity with securities markets, derivative products, Sales & Trading functions, booking platforms and trade flows.
• Expert in translating and analyzing data to perform root cause / trending / impact analyses to drive recommendations and decision making.
• Deep understanding of risk & controls framework across Sales & Trading businesses.
• Strong time and project management/organizational skills and attention to detail; ability to handle a fast-paced environment; communicate factually and influentially.
• Experience managing projects and building and maintaining stakeholder relationships; communicating with influence.
• Proven track record of building and managing business relationships.

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