Vice President, Capital Adequacy
BNY
full-time
Posted on:
Location Type: Hybrid
Location: Manchester • 🇬🇧 United Kingdom
Visit company websiteJob Level
Lead
About the role
- Conduct research, data gathering, calculations, quantitative analytics, and forecasting related to the execution of regulatory testing (CCAR, ICAAP, etc.) and risk planning for the firm's capital adequacy.
- Contribute to determining the impacts of regulatory forecasts on income statements, balance sheets, and capital actions to confirm quarterly minimums are met.
- Interface with internal stakeholders and continue to build knowledge of advanced capital adequacy activities and concepts.
- Provide broad support to senior analysts and begin to specialize in areas such as model development, testing, calculations, review and challenge processes, policy and procedures to guide firm compliance, or reporting and submission of the Bank's responses.
- With limited direction, populate and run models and stress tests for assigned regulatory reporting requirements related to capital adequacy (e.g., CCAR, ICAAP).
- Document inputs, assumptions, and results; identify exceptions to anticipated results and collaborate on resolutions with more experienced peers and managers.
- Research, gather data, and perform quarterly capital adequacy calculations for submission to regulators or inputs into models, forecasts, and stress tests.
- Ensure calculations comply with regulatory rules and internal Bank standards.
- Collaborate with peers to review and challenge work steps and outcomes to ensure quality and accuracy.
- Build and maintain relationships with peers in the businesses, Risk Management, Finance, and Corporate Treasury to ensure efficient collection of data and model inputs.
- Provide technical guidance to more junior team members as needed.
- Contribute to team objectives and share responsibility for portions of assigned regulatory submissions related to capital adequacy.
Requirements
- Bachelor’s degree or equivalent combination of education and experience required.
- Degree in mathematics, engineering, statistics, computational finance, or economics preferred.
- MBA or CFA preferred.
- Experience in risk management, financial analysis, business analysis, or prior capital adequacy experience preferred.
Benefits
- BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
- We provide access to flexible global resources and tools for your life’s journey.
- Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
quantitative analyticsregulatory testingcapital adequacy calculationsmodel developmentstress testingdata gatheringforecastingfinancial analysisrisk managementbusiness analysis
Soft skills
collaborationcommunicationrelationship buildingtechnical guidanceproblem solvingattention to detailteamworkadaptabilitycritical thinkingorganizational skills
Certifications
MBACFA