NFR - Risk Data Aggregation & Risk Reporting, AVP

Job Description

BCBS 239 Compliance Oversee the implementation and adherence to BCBS 239 principles across the organization, ensuring effective risk data aggregation and risk reporting (RDARR). Material Legal Entity (MLE) Oversight Ensure material legal entities within the organization adhere to BCBS 239 requirements, aligning risk data and reporting processes with regulatory expectations. Data Governance Risk Management Work with data governance teams to validate data quality, lineage, and controls for accurate risk reporting. Controls Testing Assurance Design, execute, and enhance controls testing programs to assess the effectiveness of BCBS 239-related controls. Conduct periodic control assessments, identifying weaknesses, gaps, and areas for remediation. Develop and maintain test plans, scripts, and documentation for evaluating key controls related to risk data aggregation and reporting. Perform root cause analysis on control failures and work with stakeholders on corrective action plans. Regulatory Engagement Act as a key liaison with regulators, internal audit, and senior risk committees to demonstrate compliance with BCBS 239 requirements. Risk Reporting Enhancement Support the development of risk reporting frameworks that improve accuracy, completeness, and timeliness of risk-related data. Policy Framework Development Contribute to the design and execution of policies, procedures, and control frameworks to strengthen risk data aggregation and reporting. Stakeholder Collaboration Work closely with first-line risk, IT, finance, and other business units to embed BCBS 239 principles into day-to-day operations. Continuous Improvement Identify gaps, monitor remediation efforts, and drive continuous improvements in risk data management and reporting. Your skills and experience Knowledge of Non-Financial Risk Management principles and practices Experience 7+ years in risk management, regulatory compliance, data governance, or related functions within financial services. Regulatory Knowledge Strong understanding of BCBS 239 principles and their application in banking risk management. Data Risk Expertise Experience with data quality, risk data aggregation, and reporting controls. Stakeholder Management Ability to engage with senior management, regulators, and cross-functional teams. Analytical Skills Strong problem-solving and analytical skills to assess regulatory compliance and data risks. Technology Tools Familiarity with data governance tools, risk reporting systems, and regulatory technology solutions. Controls Testing Expertise Hands-on experience in control testing, assurance, and issue remediation within a risk function. Good to have Experience in Material Legal Entity (MLE) risk management and its intersection with BCBS 239. Understanding of Basel regulations and broader prudential risk management frameworks. Certifications such as FRM, PRM, CFA, or regulatory compliance certifications are a plus. How we ll support you Training and development to help you excel in your career. Coaching and support from experts in your team. A culture of continuous learning to aid progression. A range of flexible benefits that you can tailor to suit your needs