Recovery and Resolution Planning Specialist, Associate

Role Description

• To comply with both US and Global regulations, the Financial Market Infrastructure (FMI) Operations team must ensure there are Contingency Strategy (CS) documents in place for all material relationships held with FMIs and Agent Banks, to support continued access to key services in a stress scenario.
• The CS document describes the actions which could be taken by the FMI and how the DB Group could respond, ahead of and during resolution.
• To determine which relationships, require a CS, an annual global data collection is coordinated by the FMI Operations team, which drives a materiality assessment to determine the key relationships for the DB group.
• The creation/refresh of a CS involves being able to review and interpret global regulatory guidance, to ensure the CS is adapted to evolving requirements. The team also engage with Business, Operations, Treasury, Legal, and Risk Management functions to gather their feedback and input.

What we'll offer you

• As part of our flexible scheme, here are just some of the benefits that youll enjoy.
• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Support the completion of the annual data gathering outreach, including data validation / review.
• Analyze and interpret regulatory guidance and enhance existing contingency strategies to meet regulatory requirements.
• Independently manage the review/creation of multiple CSs for FMIs / Agent Banks ensuring a high and consistent standard of quality.
• Effectively manage communication, feedback and approval from internal senior stakeholders.
• Perform quality and consistency reviews of contingency strategies.
• Provide support for the Team lead / process oversight and governance.

Your skills and experience

• Excellent reading and writing skills, with ability to independently draft new documentation suitable for regulatory submission.
• Strong ability to scrutinise extensive documentation, review and interpret regulatory guidance, to incorporate to the CS.
• Analytical and communications skills; effectively host meetings with multiple stakeholder groups including senior management/external audiences.
• Confident data review, analysis and presentation (pivots/v-lookup/text functions/formulas/SharePoint/PowerPoint/Excel) with high and consistent attention to detail.
• Ability to prioritise and effectively manage workload across multiple workstreams, working within tight time frames, providing accurate updates, escalations and highlighting remedial actions.
• Desirable to have:
• Understanding of Living Wills / Recovery and Resolution Planning and other applicable regulations.
• Understanding of the operations and functions of clearing houses, central securities depositories, and payment systems.
• Understanding of securities & cash products.
• Previous operational (settlement and clearing) industry experience.
• Team or process lead/management experience