Associate - Capital Risk Policy

As a member of the Capital Risk Policy (CRP) team within the Capital Risk Management (CRM) group at CTC Risk, your role will involve distilling regulatory rules and technical guidance into key requirements for use in assessments. You will be responsible for reviewing Basel capital models, evaluating their conceptual soundness, reasonableness of assumptions, reliability of inputs, completeness of testing, robustness of numerical aspects, and suitability of performance metrics and risk measures. Your experience in one or more of the core regulatory capital Pillar I frameworks will be crucial, including Retail Credit Risk, Wholesale Credit Risk, Counterparty Credit Risk, Market Risk, and Credit Valuation Adjustment (CVA). Your responsibilities will also include reviewing model documentation, interviewing subject matter experts, assessing compliance with rule requirements, and producing reports for management. You will liaise with various stakeholders such as businesses, model developers, risk management, finance, technology, and operations to perform assessments. Additionally, you will leverage control management to ensure the timely resolution of control issues and exhibit expertise in regulatory policies, particularly related to Basel III final rule and upcoming Basel III Endgame rules. To excel in this role, you are required to have at least 3 years of relevant Risk management experience with proficiency in model review or model development functions. You should demonstrate the ability to implement Basel rule requirements, possess excellent analytical and problem-solving abilities, and have competence in developing or reviewing Basel Capital models, risk models, SA-CCR, pricing models, or analytics. Strong communication skills, both written and oral, along with attention to detail, independence in work, and ability to navigate complex financial systems are essential. You should be able to prepare clear and concise reports and effectively communicate complex modeling concepts in a simplified manner for senior management. Preferred skills and qualifications include familiarity with technology and operations, knowledge of the upcoming Basel III Endgame proposal, expertise in handling large data sets, empirical studies, data analysis, and statistics, as well as experience in areas such as capital policy, risk management, key data elements, project management, and audit.,