Basel Capital Analytics Manager, Vice President
Location:
New York , New York
Posted:
December 11, 2017
Reference:
170460
Job Description
SUMMARY:
Capital regulations for financial services have become significantly more complex and demands deep technical knowledge. The Governance and Capital Analytics function within the Basel Office plays a key role in ensuring that the capital impacts of State Street's activities and exposures are properly measured and reflected in the management decision making process. New Basel regulatory capital regulations and revisions to existing rules require the Firm to analyze and quantify the impact to its capital position and profitability measurements.
RESPONSIBILITIES:
Incumbent will be expected to lead the Governance and Capital Analytics team to provide a high level of analytical experience with subject knowledge in Basel and associated capital processes. This individual will lead the team to work on a portfolio of analytical projects including Quantitative Impact Studies (QIS) peer analysis capital impact to business of new products/restructuring of existing deals upcoming rule impact analysis capital variance analysis and capital optimization efforts. The team responsibilities include:
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  • \t\tEngage in strategic Basel related analytical projects pertaining to Risk-Weighted Assets (RWA) analysis
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  • \t\tPerform analytics to generate dashboards and value added complex reports with capital inputs to support business decision making
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  • \t\tSupport business units with capital and regulatory inputs to better align capital to their business decision making process including providing technical expertise for new products and restructuring of existing deals
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  • \t\tDevelop analytical framework to support the organization in analyzing and quantifying the impact of upcoming rules to State Street
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  • \t\tDevelop peer analytical framework to evaluate State Street's current regulatory capital position with its local and international peers including reviewing industry best practices analyzing peers Pillar 3 disclosures etc.
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  • \t\tPerform data manipulation and aggregation using SQL and Excel reports to support completing QIS exercises
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  • \t\tAssist business units with ad-hoc capital and RWA modeling and analysis to support business unit decision making
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  • \t\tPerform and explain quarterly variance analysis to evaluate changes in the bank's capital and risk-weighted assets
Qualifications
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  • \t\t10+ years prIor experience in the banking and/or financial services industry with an advanced understanding of accounting risk and capital related concepts
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  • \t\tAdvanced knowledge of Basel regulations including an understanding of risk management (e.g. credit market and operational risk) aspects
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  • \t\tExperience/exposure to International Basel frameworks preferable
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  • \t\tLeadership project management analytical and managerial skill set including excellent communication organizational and presentation skills
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  • \t\tAbility to interact with all levels of management including crafting and positioning messaging for senior executives
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  • \t\tExcellent verbal communication skills proven ability to present complex regulatory matters to management regulatory and industry forums
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  • \t\tExcellent understanding and ability to manage and review large swathes of data
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  • \t\tMust display an ability to drive and execute tasks through to completion
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  • \t\tGood understanding of the custody business
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  • \t\tResults oriented ownership mindset
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  • \t\tSelf-motivated self-assured and self-managed
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  • \t\tBachelor's degree required with an advanced degree in Business Finance or a related field desired
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  • \t\tHigh level of expertise with Excel and other similar tools
EDUCATION:
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  • \t\tBachelor's degree required with an advanced degree in Business Finance or a related field desired

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