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Position: Head of Exposure Measurement
Requirements:

Job Description

Credit Risk Control Business Change (CRC BC) is responsible for providing the combination of process and resource to facilitate and support effective business change.

A leadership role exists for a functional lead within CRC BC to support and lead business changes within the area of credit risk exposure measurement. This is a leadership role to support the achievement of CRC’s business goals.

Key tasks include:

- Providing input into the CRC vision for exposure risk measurement
- Being the custodian of the ‘exposure risk measurement product achievement roadmap’ and the CRC target functional model (TFM) – the goal of the TFM being to drive the implementation of a consistent business process model globally
- Producing an understanding of the overall business case to assist in prioritisation of the CRC project portfolio
- Providing support for the Business Owners of Exposure Measurement projects
- Managing and developing the skills of the CRC BC business analyst team
- Owning the production of the structured business analysis documentation (e.g. business case, process analysis, requirements, functional specification, UAT Test model) required as part of the project delivery lifecycle helping to continually improve the effectiveness of the CRC BC function

The CRC BC Exposure Measurement Functional Lead will work closely with the Head of the Exposure Risk Measurement function (ERM), the Exposure Measurement Programme Manager and the Exposure Measurement Programme Sponsor to shape, direct and control the Exposure Measurement programme of business change.

The successful candidate will have a detailed understanding of credit (counterparty) risk, investment products and associated exposure measurement models and methodologies and will be able to effectively influence and facilitate decision making at senior levels of the organisation

The individual must be pragmatic and have a logical, systematic approach to work. The ability to meet deadlines in a challenging environment is a pre-requisite.

The successful candidate will join a global team and gain significant exposure to all aspects of Credit Risk Control. They will work within a diverse environment incorporating credit officers, trading / sales, quantitative resources, IT professionals and project managers. The wider responsibility of the group is developing the bank’s credit risk exposure measurement systems and controls.

A recruit that demonstrates potential will have opportunities to extend into other areas of expertise.

CLIENT

- Ensure client relationships and interaction are conducted professionally
- Develop effective working relationships with key stakeholders where required
- Understand stakeholders' strategic requirements and how that impacts the strategy
- Provide guidance on current and ongoing progress to stakeholders in the organization as appropriate
- It is critical that the candidate is able to communicate well (oral and written). The candidate should be able to explain technical issues to a non-technical audience.

PEOPLE

– Strong management and communication skills are essential
– Able to work effectively in a team, drawing on resources within the team (and across the bank) to deliver results efficiently, adhering to deadlines.
– Able to facilitate productive discussion and influence decisions
– Organised, command of the detail whilst maintaining a ‘big picture’ view, self-motivated and respond well under pressure.
– Cooperative, enthusiastic and adaptable.

ECONOMIC

– Good broad knowledge of Trading Book business and risk control will help to ensure that analysis (theory) can be implemented in practise.
– Aptitude for generating innovative ideas and developing solutions to problems


MINIMUM REQUIREMENTS

- Numerical, science or engineering degree
- Higher degree in financial mathematics.
- Background in quantitative analysis.
- CFA or FRM certification is desirable, but not essential
– The candidate will have a detailed understanding of credit (counterparty) risk, investment products and associated exposure measurement models and methodologies
– Experience in structured analysis, process design, writing specifications and user acceptance testing (UAT) is a pre-requisite. The candidate will need to show that he/she understands the full project cycle.
– A methodical, logical and structured approach to assigned work is vital.
– Maintain the professional, ethical and legal standards required in CRC.
– Broad familiarisation with project management methodologies and tools.
– A background that includes some IT technical experience will be viewed positively.
– Proficient with Excel, Word, PowerPoint, Visio and Access.

Duration:

Permanent

Location:

London

Start Date:

ASAP

Salary:

 

Email:

positions@phdit.com

Telephone:

+ 44 (0)20 -7190 2970

Reference:

02234

 

Ph.D. Search & Selection, 4 Lombard Street, London, EC3V 9AA

Telephone: + 44 (0)20 -7190 2970

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