Team Lead, Market Risk Governance Officer

The primary responsibilities of this role include overseeing risk management activities such as committee administration, auditor and regulator relations, and coordination with various CUSO-related entities like CM and SI.

The individual will serve as key person to escalate risk-related issues to the Head of Market Risk Planning and the CRO of CM/SI.

Client Details

Foreign corporate and investment bank, with office in Midtown.

Description

Key Responsibilities:

Committee Governance Management

1. Develop and enhance frameworks for market risk management and risk governance committees within CUSO.
2. Plan and organize risk committee meetings, including setting agendas, focusing on key topics, and managing routine items.
3. Collaborate with stakeholders across departments to prepare committee materials efficiently.
4. Compile and refine content from various departments to create clear and impactful presentations for committee meetings.
5. Track and manage action items from committees, ensuring accountability and adherence to timelines.

Internal and External Oversight Facilitation

1. Lead the management of exams, monitoring, and testing by internal audit and control departments.
2. Oversee exams and periodic reviews by external regulators such as FRB, NYDFS, NFA, CFTC, FINRA, etc.
3. Manage deliverables and action items required for oversight.
4. Handle remediations related to oversight findings.

Issues Management and Tracking

1. Maintain a comprehensive list of market and liquidity risk issues across CUSO, including regulatory, audit, and self-identified issues.
2. Engage with issue owners to monitor remediation activities.
3. Escalate potential delays in remediation promptly.

Knowledge Requirements

1. Familiarity with risk concepts and valuation methods (e.g., VaR, stress-testing standards, counterparty exposure estimation, documentation, and reporting approaches).

Communication and Leadership Skills

1. Excellent communication, leadership, and relationship-building skills to work with internal departments, affiliates, Head Office, and regulatory bodies.
2. Ability to collaborate effectively with internal risk management colleagues and leaders across all subsidiaries globally.
3. Strong reasoning skills to understand complex situations, people, and system needs within a risk management environment.
4. Strong analytical skills with great attention to detail.
5. Strong project management skills and the ability to work independently.

Profile

Preferred Experience:

• 10+ years of experience in risk governance or a closely related role.
• Business fluency in English (Japanese preferred).
• Proficiency in VBA and Microsoft Office Suite.
• Ability to manage multiple responsibilities simultaneously, focusing on one task while keeping track of others.

Job Offer

$175,000-$225,000 base salary, plus bonus.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.