What are the responsibilities and job description for the Resolution Specialist position at Asset Staffing?
Major bank in midtown Manhattan seeks experienced RESOLUTION PLAN SPECIALIST for long term hybrid contract role. You must be able to go into their offices 3x per week in NYC
This position is a part of the Resolution Plan Office (RPO), and reports to the head of RPO. The RPO is a centralized team for the development, oversight and maintenance of the 165(d) Resolution Plan / Title 1 Plan. The team is also responsible for overseeing and harmonizing the stress continuum from BAU to Recovery and Resolution across various resiliency plans CFP, CCP, Recovery and Resolution Plan, as well as acting a central crisis management liaison.
ROLE :
Support the head of RPO to lead the development and maintenance of key resolution capabilities, by partnering with subject matter experts in multiple functions and businesses
Lead cross-functional coordination on the ONCE EVERY THREE YEAR Resolution Plan submission, and incorporate the feedback from the stakeholders throughout the plan submission process
Facilitate the regulatory inquiry with the stakeholders across 1st line, 2nd line and 3rd line of defense
Prepare materials for senior management
Document the key processes in the policy and procedures regarding RRP
Review and revise the narrative with regards to Resolution Strategy and Resolution Capability Testing and Assurance Framework
REQUIREMENTS :
At least 5 years of relevant working experience in large financial institutions, banks, law firm or consulting firms
Prior experience in Contingency Funding Plan, Capital Contingency Plan, Recovery Plan, or Resolution Plan is preferred
Ability to build relationship with stakeholders
Manage multiple priorities to meet tight deadlines in a dynamic work environment
Bachelor’s degree in an analytical field such as economics, finance, accounting or law is preferred
