Recovery Resolution Planning Job Description
Recovery resolution planning
provides SME input to businesses and functions on RRP related matters and inputs to RRP submissions.
Recovery Resolution Planning Duties & Responsibilities
To write an effective recovery resolution planning job description, begin by listing detailed duties, responsibilities and expectations. We have included recovery resolution planning job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist in completing the Critical Operations chapters
Collect and organize collection of key internal reports
Collect and collate metrics of process volumes and projection of stress volumes
Help facilitate project workshops, engaging stakeholders, subject matter experts and attendees at all levels in completing Operations deliverables
Work with Operations for the annual SRP review
Support the Operations Director responsible for RRP as necessary and taking personal responsibility for creating and embedding the collaborative culture needed for success, embedding best practice, implementing and embedding change and building the internal and external profile of the Operations
Proactively develop the necessary knowledge and skills needed to achieve successful delivery, develop and support the team and provide accurate and current advice and appropriate support to customers and colleagues
Assist analysis of potential resolution-related regulation to understand the impact to our Resolution plan and the firm's ongoing operations and strategy
Draft/review sections of the various plans and related materials
Assist in development of assumptions underlying financial projections and review of model output
Recovery Resolution Planning Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Recovery Resolution Planning
List any licenses or certifications required by the position: PMO
Education for Recovery Resolution Planning
Typically a job would require a certain level of education.
Employers hiring for the recovery resolution planning job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Economics, MBA, Education, Business, Graduate, Legal, Management, Engineering
Skills for Recovery Resolution Planning
Desired skills for recovery resolution planning include:
Applications
Current regulatory environment with regard to RRP
Excel
MS Office
PowerPoint
Recovery & resolution requirements
SharePoint Site with the ability to easily adapt to technology
Tools
Visio
Word
Desired experience for recovery resolution planning includes:
Onitoring–ensure strategies are being implemented with the support of the lines of business and appropriate corporate functions
Collaborate– establish a strong working relationship with BMO’s Financial Crisis Management Office to leverage BMO’s work and expertise in this area
Ability to rapidly move up the learning curve on complex bank issues
Resolution Planning, Recovery Planning and Execution
Provide management with support for a complex reporting process to ensure complete, accurate and timely reporting of the Resolution Planning and Recovery Planning Documentation for the lines of business, legal entities and in-scope critical operations
Update and maintain documentation to support the individual plans, and other appendix related information
Recovery Resolution Planning Examples
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Recovery Resolution Planning Job Description
Job Description Example
Our company is looking to fill the role of recovery resolution planning. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for recovery resolution planning
- Document technology requirements for incorporation of RRP liquidity forecasting tools into the firm’s strategic platform
- Designing and maintaining program management tools (e.g., project plans, reporting).•Driving quality, consistency, and integration within and across deliverables.•Managing risks and issues and coordinate regulatory requirements review, allocation, and mapping to plan and playbook submissions
- Ensure action steps taken in response to regulatory guidance
- Project-manage global Corporate Treasury contributions to the various Recovery and Resolution plans, with a focus on the Bank Resolution Plan
- Help oversee, manage and review the work of the junior team members
- Coordination with other departments/divisions on recovery and resolution-related developments and special project work
- Analyzing funding, capital, and liquidity impacts of new regulation on the Firm’s intercompany arrangements
- Summarizing analysis for presentation to Firm Senior Management
- Supporting drafting and documentation of regulatory deliverables, including for the Firm’s Resolution Plan
- Project management for Resolution initiatives
Qualifications for recovery resolution planning
- Assist with the administration of the AM Resolution and Recovery Planning PMO, and underlying program
- Liaison with line of business contacts in Finance, Legal Entity Controllers, O&C, Technology, Operations, Real Estate, Compliance, Legal and the Firm PMO team
- The candidate must have previous Project Management experience
- 7 + years experience in financial services within Business Management or Finance organization
- At least 7 years in the financial services industry, either within a financial institution or in an advisory capacity
- Proactive, self-starter with desire to take ownership of large projects
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Recovery Resolution Planning Job Description
Job Description Example
Our company is searching for experienced candidates for the position of recovery resolution planning. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for recovery resolution planning
- Creating strong, collaborative relationships with multiple regulatory agency members responsible for Recovery Planning
- Leading the project planning for both Recovery Plans by ensuring close coordination with the owners of the various components of those plans and appropriate escalation of issues
- Developing a deep understanding of the ongoing changes in the regulatory landscape, both in the U.S and internationally
- Takes ownership of work streams for the annual preparation of the bank’s recovery and resolution plans
- Assists with the administration of the document workflow tool used to edit the plans
- Document assumptions and methodologies relating to RRP liquidity forecasting in the annual Resolution Plan
- Ensure accuracy and quality of assigned deliverables through validating consistency of data and analysis across plans, performing periodic quality reviews to ensure deliverable quality, and engaging with quality assurance and audit teams as required
- Coordinate the gathering of required information from the key business and operational units throughout the firm
- Develop and maintain knowledge of current regulatory requirements, firm resolution strategies, and evolving requirements
- Schedule meetings with SMEs and other internal and external contributors, monitor and advise team members of progress of plan development, and track and follow up to resolve open items
Qualifications for recovery resolution planning
- The right candidate will have detailed understanding of proposed UK, EU and US legislation and be able to identify how this impacts various parts of the bank
- The right candidate will be able to demonstrate the understanding of market trends, threats and opportunities and historic and future issues, including at high level UK/EU/US government policy and regulatory drivers
- Coordinating – interact with senior partners across BFC and externally to discuss and design resolution and recovery plan
- Advising – work with many groups across BFC on providing information on the development and enhancement of the Plan and how they will be affected
- Risk management, banking, operations or finance experience relevant
- Familiarity with liquidity risk management, capital management and/or capital markets
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Recovery Resolution Planning Job Description
Job Description Example
Our company is growing rapidly and is looking for a recovery resolution planning. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for recovery resolution planning
- Must be able to work in and foster a collaborative environment while promoting resolution and recovery plan development practices
- Expected to develop proficiency and knowledge in the area of interpreting regulatory pronouncements in the area of Resolution and Recovery Planning and making recommendations on how to comply with them
- Effective time management and prioritization skills are essential
- The ability to take ownership of tasks and deliverables, including mitigation of challenges to timely completion, is required
- Will be detail-oriented and able to work efficiently and independently with minimal daily supervision
- Promote accuracy and integrity of resolution and recovery plans by participating in quality control exercises
- Demonstrate willingness to expand knowledge base in area of resolution and recovery planning through research
- Lead a team of Recovery and Resolution Planning specialists
- Prepare and enhance playbooks for the recovery, restructuring and wind-down plans in order to operationalise the plans for the Executive Management
- Work closely with senior members of Treasury across Funding, Liquidity, and Capital, business units, FCG, and Risk
Qualifications for recovery resolution planning
- The right candidate will have a track record in being part of complex business within a large organisation
- Self-motivated with high personal standards for quality of work and attention to detail
- 2-4 years or experience in the financial services industry or a consulting firm
- Lead projects to enhance the CCB plan
- BA required, MBA preferred, CPA / CFA helpful
- University level qualification is required with 8+ years of financial or consultative services
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Recovery Resolution Planning Job Description
Job Description Example
Our growing company is hiring for a recovery resolution planning. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for recovery resolution planning
- This individual will ideally have securities and / or derivatives product knowledge in order to effectively engage with our partners
- Support in the development and ongoing maintenance of recovery and wind-down & restructuring plans to ensure regulatory compliance with BRRD and CSDR
- Support in the coordination and collection of information from key stakeholders to update recovery plan figures
- Support in the preparation and enhancement of playbooks for the recovery, restructuring and wind-down plans
- Develop and maintain Recovery and Resolution Planning processes and procedures to support strong coordination with the Corporate Resolution Planning Team
- Identify, manage and report on BOOST’s annual recovery and resolution planning deliverables
- Manage the annual review and update of BOOST owned sections of Schwab Bank’s Resolution Plan
- The design, production, updating and enhancement of the Bank's Resolution Plan
- The development, annual implementation, further refinement and evolution of any testing programs associated with the Resolution Plan
- Analyzing and responding to requests relating to resolution planning from internal and external parties including BNS subsidiaries
Qualifications for recovery resolution planning
- Familiarity with Resolution and Liquidity regulatory requirements
- 3+ years in Banking or Securities Regulatory and Compliance experience
- Experience including a mix of consulting and/or banking and capital markets industry experience
- Prior regulatory (enforcement and surveillance) experience with Federal Reserve Bank, Federal Reserve Board, CFPB, OCC, FDIC, SEC, NASD, NYSE, CFTC preferred
- Experience with written Supervisory Policies and Procedures as required by Banking and Securities regulators
- Experience integrating and operationalizing risk and compliance-related activities within banking clients
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Recovery Resolution Planning Job Description
Job Description Example
Our company is growing rapidly and is hiring for a recovery resolution planning. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for recovery resolution planning
- Providing guidance to international subsidiaries in the creation/updating of their own resolution plans
- Conducting the analysis and supporting the production of the Bank's annual presentation to the Crisis Management Group (CMG)
- Monitoring and reporting on industry and regulatory guidance related to resolution planning, by proactively identifying key guidance or issues to be addressed
- Prepare and enhance playbooks for the recovery, restructuring and wind-down plans
- Be a point of contact for regulators, customers and other stakeholders regarding Clearstream’s recoverability and resolvability
- Support the competent authorities in preparing their resolution plans for Clearstream
- Responsible for the development and ongoing maintenance of recovery and wind-down plans to ensure regulatory compliance with BRRD
- Coordinate and collect information from key stakeholders to update the recovery plan
- Be a point of contact for regulators, customers and other stakeholders regarding Eurex Clearings recoverability and resolvability
- Support the competent authorities in preparing their resolution plans for Eurex Clearing
Qualifications for recovery resolution planning
- The candidate must be an experienced professional, good knowledge of the private bank / wealth management and / or asset management businesses, financial instruments and products, and a strong understanding of internal control and support systems within a financial institution
- Assist with the administration of the AWM Resolution and Recovery Planning PMO, and underlying programs
- Interact with line of business contacts in Finance and Business Management, Legal Entity Controllers, O&C, Technology, Operations, Real Estate, Compliance, Legal and the Firm PMO team
- 7 + years experience in global financial services
- Project Management experience along with a working knowledge of Financial products (e.g., Equity, Credit, Derivatives, Collateral)
- Capital Plans and Capital Team