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Analyst – Credit Risk Data Control
Company is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Company can provide a superior foundation for building a professional career.
Firm Risk Management (FRM) enables Company to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. The firm’s Credit Risk Management Department (CRM) within FRM protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties.
Background on the Team
Credit Risk Data Control plays a pivotal role within CRM. The team is responsible for ensuring that Credit Risk data is of high quality (e.g., timely, accurate, and complete) and supports sound risk management decisions and meets regulatory expectations. In addition, the team is responsible for credit limit monitoring and reporting, providing change management support, and developing tools to assist in automation and representation of credit risk information to management.
Background on the Position
The Credit Risk Data Control team is currently seeking several Analyst level candidates based in Mumbai, India. This is an exciting opportunity to join a newly established Credit Risk Data Control team in Mumbai, which is an extension of the existing Credit Risk Data Control team. The role will support efforts to implement CRM’s data management processes to meet the Firm’s Data Policy requirements and Regulatory expectations. The role will include collaboration with partners across the globe, particularly in New York, Budapest, and London. The candidates selected will need to have a good of balance technical skills, communication skills, and process management skills.
Support the enhancement of CRM’s data management processes to meet internal requirements and Regulatory expectations (such as those established by BCBS239)
Conduct daily data quality remediation of Credit Risk data
Assist with various Credit Risk limit monitoring processes
Contribute to preparation of various regulatory reporting submissions
Work with data providers to review and implement data controls and establish metrics (KPIs) to evaluate accuracy of Credit Risk data
Support the remediation of recurring data quality issues working with various stakeholders within and outside of CRM
Support transaction testing requests from internal (e.g., Internal Audit) and external parties (various Regulators)
Experience and skills desired
Bachelor’s degree in Finance, Computer Science, or Engineering related areas
Strong technical skills, including working knowledge of databases and comfort working with large datasets via SQL; other programming skills a plus
Effective written and verbal communication skills
Ability to meet deadlines with keen attention to detail
Willingness to collaborate with colleagues in other geographic locations
Strong desire to succeed and willingness to learn
Basic understanding of risk management and financial products such as Loans, Derivatives, Securities Financing Transactions
Experience with data management and/or process automation a plus
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