What are the responsibilities and job description for the Risk Analyst - RRP (Resolution & Recovery Planning), Banking position at The Ashlar Group?
Job Title: Risk Analyst - RRP (Resolution & Recovery Planning)
Location: NYC, NY
Duration: 10 Months
Job Description:
- The Risk and Control team directly supports Markets globally.
- Our goal is to establish and maintain a robust 1st Line of Defense control environment and culture to minimize operational risk within the business.
- Markets Resolution & Recovery Planning Team is a sub team within Risk and Control.
Core daily responsibilities include:
- We are looking for a dynamic Business Analyst to join the Markets Resolution & Recovery Planning Team, supporting Qualified Financial Contracts oversight
- Support assessment, analysis and implementation of regulatory requirements related to RRP with key focus on QFC Stay and Bail in rules).
- Enhance controls/governance, as well as policy and procedures for Stay and Bail in.
- Coordinate and implement strategies and pre-trade controls to evidence regulatory compliance.
- Data Quality / Metrics - Review and investigate data quality check and produce monthly control dashboard.
Required Qualifications:
- Successful candidate will have at least 3-5 years of experience in either RRP, Business Risk and Control, CAO team, Regulatory Reporting, or Product/Financial Control related functions.
- Good understanding of trading agreements, e.g., ISDA and legal contracts related collateral rights.
- Project experience or working knowledge of pre-trade approval or system architecture.
- Fundamental knowledge of US and UK Recovery & Resolution Planning requirements and other applicable regulations.
