What are the responsibilities and job description for the Resolution Planning (Associate Director) position at PRI Technology?
Associate Director, Resolution Planning
Jersey City, NJ (Hybrid : 3 days onsite)
Full Time Only (no 3rd party resumes please)
Job Description
This individual will serve as drafting lead for U.S. Resolution Plan specific chapter on financial forecast, with a focus on resolution strategy and scenario. They will be the key support for resolution liquidity (RLEN), resolution capital (RCEN) and other resolution forecast projects along with leading on key financial frameworks pertaining to resolution planning.
Responsibilities :
- Preparing initial drafts of the U.S. Resolution Plan financial forecast chapter.
- Performing quality assurance reviews to drive professional and consistent work product.
- Incorporating feedback from key stakeholders, senior management, and the Board of Directors.
- Liaising with key stakeholders in between filing periods to ensure points of contact and content pertaining to the U.S. Resolution Plan remain relevant; and
- Conducting ad-hoc analysis or tasks in support of the U.S. Resolution Plan narrative.
- Facilitating periodic validation of key U.S. Resolution planning assumptions
- Conducting sensitivity analysis on U.S. Resolution Forecast.
- Support business as usual activities pertaining to the informational and supplemental filings of subsidiary Bank entity.
- Lead continuous improvement / automation projects in U.S. Resolution Forecasting
- Liaise with U.S. Treasury, Liquidity Risk Management and Capital Planning to develop a automation strategy focused on the frequent estimates of resolution liquidity (RLEN / RLAP).
- Work with inhouse technology team to develop a solution focused on periodic estimates of resolution capital (RCEN / RCAP).
- Facilitate capability testing for running a resolution type scenario and report the outcomes thereon.
- Execute on strategic initiatives, as needed, in support of the long-term operating model of the Resolution Plan Team.
- Review regulatory guidance and industry news to identify resolution planning requirements, best practices, and trends.
Must-Have
Nice to Have :