Mindlance
Business Analyst/ Project Manager Capital Markets
Mindlance, New York, New York, us, 10261
Job title: Business Analyst (Market risk/Capital Markets)Duration: 12 monthsLocation: New York, NY (Hybrid)Responsibilities:The candidate will be responsible for Volcker governance controls including: Ensuring the accuracy and completeness of Desk Mandate documents; Acting as a SME in respect to the Volcker Rule and ensuring compliance with the relevant standards and procedures; Review of newly approved products to ensure they are appropriately scoped.Partner with key stakeholders to monitor changes in business activity. Assess any Volcker implications and support the business in ensuring Volcker compliance requirements are met on an ongoing basis. Key subject areas include but are not limited to Trading Desk Mandates and Risk Mitigating Hedging effectiveness monitoring.Partner with Technology teams to develop sustainable solutions supporting the Volcker Program including enhanced controls and streamlining/automation initiatives.Identify, prioritize and proactively manage dependencies, risks, exceptions and issues.Coverage of specific desks leveraging the Risk Mitigating Hedging (RMH) exemption including: Documentation and analysis of the desks hedging strategies alongside Market Risk Management (MRM); Assessment of the effectiveness of the hedging program utilizing risk reporting tools; Quarterly review and assessment with business Senior Management and MRM.Qualifications:Knowledge of global markets trading products and services, e.g. Fixed Income, Equity, Currencies & Commodities.Understanding of Front Office trading processes and trade lifecycle within a large bank/dealer.Knowledge of market risk and/or regulatory rules pertaining to risk is advantageous.Experience with regulatory rules and ideally in delivering regulatory initiatives.Exposure to analyzing legislative and regulatory texts and associated legal analysis.Proficiency in risk management data analysis and tools is a plus.Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of - Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.