As FRTB Regulatory Policy SME you will have the following duties;
Provide guidance and opine on regulatory policy.
Preparation of consultation responses and, where relevant, submissions to regulators.
Drafting policy interpretations and opinions.
Prepare regulatory submissions to the regulator.
Work together with business experts from the Traded Risk teams and stakeholders to develop appropriate regulatory opinions and policy solutions.
Provide leadership to regions on providing regulatory guidance and policy opinions, including clear communication of the latest external regulatory developments to stakeholders from Front Office, MSS, etc.
The role holder will be expected to work with regional policy leads and Group Traded Risk teams to develop and communicate solutions to address rule changes or answers to specific policy questions and/or regulatory requirements.
Develop consistent policy standards across regional sites.
Provide questions and feedback to global Traded Risk teams relating to policy, standards and documentation.
Ensure consistent and accurate regulatory submissions.
Work in an environment of regulatory ambiguity with autonomy whilst being able to provide judgment and clear direction.
The jobholder will need to work closely with Markets Security Services to communicate regulatory developments and assist with ensuring that regulatory requirements are met.
The FTRB Policy SME will possess the following skills and experience;
Educated to university degree level or equivalent and, and it would be desirable for them to hold a relevant professional qualification (FRM, CFA)
Experience in general or wholesale banking including Commercial Banking, Global Banking & Markets or Wholesale Credit
Good knowledge of the regulatory landscape particularly relating to the Fundamental Review of the Trading Book or previous experience in a Regulatory Capital policy function
Relevant working experience in a bank, rating agency, consultancy or advisory firm would be considered
Experience of dealing with regulators is preferable
Some understanding of statistics and concepts of the risk modelling process would be advantageous
Ability to lead, manage and successfully deliver within the agreed time scale, in liaison with all relevant stakeholders: model owners, business, finance, senior management and regulator
Strong written and verbal communication skills
Deliver high quality work within timelines
Flexibility to work with colleagues and key stakeholders in an international team