02 Nov
Data Controls and Integrity Engineer
Illinois, Chicago , 60604 Chicago USA

Vacancy expired!

job summary:

Summary:
  • Our client has an opportunity for a Risk Analysis Specialist I within our Global Risk Analytics (GRA) function. GRA is a sub-line of business within Global Risk Management (GRM). GRA is responsible for developing a consistent and coherent set of models and analytical tools for effective risk and capital measurement, management and reporting across Client. GRA partners with the Lines of Business and Enterprise functions to ensure that its models and analytics address both internal and regulatory requirements, such as quarterly Enterprise Stress Testing (EST), the annual Comprehensive Capital Analysis and Review (CCAR), and the Current Expected Credit Losses (CECL) accounting standard. GRA models follow an iterative and ongoing development life cycle, as the Client responds to the changing nature of portfolios, economic conditions and emerging risks. In addition to model development, GRA conducts model implementation, data management, model execution and analysis, forecast administration, and model performance monitoring. GRA drives innovation, process improvement and automation across all of these activities.

Overview of the Team
  • Global Markets Risk Analytics (GMRA) is part of Global Risk Analytics (GRA). It responsible for developing, maintaining, and monitoring counterparty credit risk and market risk models. GMRA also develops analytical tools to support regulatory, audit, and internal risk management needs for Global Markets.
  • The role sits within the Data Controls & Integrity (DCI) team. Data Controls & Integrity (DCI) is responsible for ensuring adequate controls and processes exist to validate the firm's traded products activity for the purposes of Credit and Capital calculations. The team is also heavily involved in process re-engineering, automation, and the development of our target state risk repository.

Overview of the Rolemain responsibilities will involve:
  • Track and escalate any data quality issues impacting collateral enforceability and remote Initial Margin.
  • Systematic implementation of legal opinions around the remoteness of initial margin (cleared and un-cleared products).
  • Prepare reports summarizing business and control results for a senior audience.
  • Work closely with business partners across lines of business and risk Control functions e.g. Wholesale Credit and Risk, Capital Markets Risk, Capital Balance Sheet Management, Client On-Boarding, Legal, Agreements and Documentation Teams, Middle office and Technology.
  • Challenge existing processes to develop synergies, ensure alignment, and strengthen controls.
  • Write Business Requirements and Perform User Acceptance Testing for the implementation of legal opinions.

Position Overview
  • Responsible for performing more complex analysis and is engaged in the development of modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides analytical support on various product strategies to ensure company goals are met. Coordinates the production of performance reports for Senior mgt. Reviews and analyzes trends in current population distributions and recommends strategies. May participate in or develop more complex program models to extract data and use databases to provide statistical and financial modeling. Analyzes portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Will participate in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion and independent judgment. Programming experience such as SAS, SQL or Micro Strategy and Master's Degree or large data experience preferred. 2-5 year experience
  • Candidate Requirements (Including Years): Required Education, Skills, and Experience
  • 2-5 years experience in the financial services industry (Large brokers-dealers, hedge funds, or financial/data intermediary)
  • Working experience in a related field (Market Risk, Middle Office, or Counterparty Credit Risk)
  • analytical skills with Traded Products knowledge, and exposure to Credit Risk and Basel rules
  • Advanced proficiency in MS Office suite is critical
  • Understanding of ISDA Master Agreement's, and Collateral Support Annexes, documentation standards and negotiations
  • Excellent verbal and written communication skills
  • Candidate must be able to manage time sensitive issues, prioritize multiple processes and projects, and articulate thought process for decision-making
  • Experience with Data Incident Tracking tools such as JIRA/eDIM

Desired Skills and Experience
  • Proven programming skills (Python, Tableau, C, SQL, or equivalent object-oriented programming) a plus
  • Prior experience in Data science, data operations or data analysis is preferred
location: Chicago, Illinoisjob type: Contractsalary: $63 - 73 per hourwork hours: 8am to 5pmeducation: Bachelors responsibilities:
  • Track and escalate any data quality issues impacting collateral enforceability and remote Initial Margin.
  • Systematic implementation of legal opinions around the remoteness of initial margin (cleared and un-cleared products).
  • Prepare reports summarizing business and control results for a senior audience.
  • Work closely with business partners across lines of business and risk Control functions e.g. Wholesale Credit and Risk, Capital Markets Risk, Capital Balance Sheet Management, Client On-Boarding, Legal, Agreements and Documentation Teams, Middle office and Technology.
  • Challenge existing processes to develop synergies, ensure alignment, and strengthen controls.
  • Write Business Requirements and Perform User Acceptance Testing for the implementation of legal opinions.
qualifications:
  • Experience level: Experienced
  • Education: Bachelors
skills:
  • Python
  • Controls
  • Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com. Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility). For certain assignments, Covid-19 vaccination and/or testing may be required by Randstad's client or applicable federal mandate, subject to approved medical or religious accommodations. Carefully review the job posting for details on vaccine/testing requirements or ask your Randstad representative for more information.

    Vacancy expired!


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