Talent.com
Financial Resource Management Associate

Financial Resource Management Associate

DexianNew York, NY, United States
1 day ago
Job type
  • Full-time
Job description

Summary

The Financial Resource Management (FRM) team is looking for a dynamic and skilled individual to spearhead the credit and market risk calculations, review and interpret new regulatory rules, partner with business to understand treatment of books under new regulations. The ideal candidate is a self-motivated professional who thrives in a fast-paced environment and has a proven track record of successfully driving projects to completion.

The role will have responsibility for estimating, reporting, and managing financial resources throughout Bank and will include enhancing our market and credit risk capital calculations and reporting framework, and addressing cross-functional queries and matters. The position is based in the New York City office, offering a unique opportunity to contribute to the continued growth and success of franchise.

Responsibilities

  • Perform market and credit risk capital calculations for all businesses and products (banking, broker-dealer and derivatives trading) under Basel III
  • Conduct quantitative analyses to explain variation in the risk capital under US and Japanese Basel approaches
  • Prepare and distribute risk capital reports, including rigorous data validation and effective commentary
  • Review, monitor, and manage risk capital budgets
  • Establish, document, automate, and sustain new processes for capital calculations and reporting
  • Liaise with all entities in the collection and integration of risk and capital data
  • Produce insightful reporting to management and stakeholders, informing how business decisions may be impacted by observed, and potential, changes in risk capital
  • Prepare analyses and commentary in response to audit and regulatory inquires on risk capital
  • Perform statistical analyses to forecast risk capital
  • Participate in the initiative to consolidate all capital calculations

Minimum Requirements

  • 2+ years' experience in FRM, risk management, or related area
  • Working knowledge of trading products (equity, bonds, ABS / MBS, derivatives, etc.)
  • Proficiency with Excel, PowerPoint, SQL, and Python
  • Effective communication skills : oral, written, listening and presentation
  • Preferred Skills

  • Bachelor's degree in mathematics, statistics or finance is preferred
  • Consulting experience with Financial Institutions preferred
  • Good understanding of market risk concepts (Greeks, VaR, stress testing, etc.) or credit risk concepts (PD, LGD, EAD, ratings, etc.)
  • Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.

    Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit to learn more.

    Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.

    Create a job alert for this search

    Financial Management • New York, NY, United States