As a Vice President in Capital Risk Management, you will provide independent oversight of capital risk across the firm. CRM’s responsibilities include: defining, monitoring and reporting capital risk metrics; establishing, calibrating and monitoring capital risk limits and indicators, including capital risk appetite; developing processes to classify, monitor and report capital limit breaches; performing assessments of the firm’s capital management activities, including changes made to the Contingency Capital Plan; and conducing independent review of the firm’s interpretation of and compliance with the applicable regulatory capital

Job Responsibilities

• Monitor regulatory capital metrics against capital risk limits and indicators; ensure accuracy of capital metrics being reported; analyze and escalate breaches as needed
• Guide process improvements and automations and develop new analytical capacities leveraging AI, LLM, etc.
• Analyze variances in capital metrics (such as Risk Weighted Assets, Leverage Exposure, CET1, Tier 1, Total Capital, TLAC and LTD capital)
• Independently assess, review, and challenge the firm’s capital management activities such as capital forecasts, capital actions, RWA / SCB / GSIB optimizations, internal targets, allocations, stress-test (CCAR) scenarios and results
• Conduct deep dives impacting firm’s capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present findings to senior management
• Prepare board-level analysis and supporting presentations for senior / executive management forums
• Monitor current and emerging risks across asset classes under coverage; stay up-to-date with market news, regulations and peer bank activity
• Frequent interactions with the key members of capital management, capital P&A, line of businesses, controllers and various support functions
• Lead the independent review of credit risk transfer or synthetic risk transfer transactions

Required qualifications, skills and capabilities

• 5+ years experience in capital, liquidity, market risk and / or other risk areas; Treasury / Finance background
• Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline; certification or enrollment in CFA
• Demonstrated proficiency in one or more of the following areas: LLM, Python, Tableau, Snowflake, Databricks, SQL, dashboard building
• Ability to quickly grasp new / unfamiliar concepts and assess potential risks to the firm’s capital position
• Strong knowledge of financial markets and various asset classes (retail and wholesale loans, repos, margin loans, OTC derivatives, trading securities etc.), specially securitization and market risk
• Understanding of balance sheet and income statement fundamentals, superior attention to detail and process management
• Experienced in data-driven and fluent storytelling via PowerPoint and adept at using Excel
• Excellent oral and written communication skills with ability to explain technical concepts in practical terms
• Strong analytical skills with the ability to develop thesis, clearly present ideas and draw appropriate conclusions
• Demonstrate high ownership, self-starter attitude, ability to work independently and prioritize key tasks effectively

Preferred qualifications, skills and capabilities

• Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline; certification or enrollment in CFA / FRM programs would be a plus