Summary
Serve as Risk Monitoring & Reporting Associate to the Head of Projects, Risk Monitoring & Reporting. The team is responsible for reporting for Securitization and the Capital Markets Funding division.
Key Responsibilities
- Produce all internal and external reports for Securitization: investor and rating agency reports for the ABCP conduit as well as other reports covering large obligors (Rule 2a-7 ), revenue and expenses, liquidity indicators, and regulatory capital reports among others;
- Report to Management (daily/weekly) on new activity and deal status in the pipeline;
- Perform regulatory filings (ECB notifications, ESMA disclosures, and Secured filing COREP);
- Coordinate the annual budget and expense process, compile deal data for annual projections, and update Client Live budget bricks;
- Respond to inquiries on the portfolio and prepare CMF presentations for Senior Management;
- Assist business on KYC matters, swing lines renewals, Compliance requests among others; and
- Provide support for audits as needed.
Other Operational Responsibilities
- Help the booking of new transactions or transaction renewals
- Generate fee and settlement memos for ABS deals and other DCM issuances as needed
- Assist with the submission of business pipeline memos
- Review and reconcile monthly the RWA data for risk reporting and help to prepare the US Risk Committee presentation
- Review and reconcile monthly revenues and costs, assist in forecasting landing
- Responding to inquiries on the portfolio for special presentations to senior management, clients and investors, as needed.
- Daily update of the FLASH database for the MAM report and monthly update of OMEGA
- Various internal systems data points reconciliations
- Updating procedures as necessary but at least on an annual basis
Management and Reporting
- Report to the Head of Projects, Risk Monitoring & Reporting
Counterparties and clients
- Securitization teams and senior management in the US
- Interaction with relevant support functions as needed: RPC, FIN, GIT among others
- External vendors
- Audit firms whenever necessary
Systems Used
- Microsoft Office (Word, Excel, PowerPoint, Access)
- Proficiency in Python, VBA and SQL
- Internal systems: SIS, CPU, KIWIS, Client Live, ATLAS, CLIX, DOT among others
External systems: ECB regulatory report website, Bloomberg, rating agency websites, and other specialized market data providers
Legal and Regulatory Responsibilities
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the US. Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.
Qualifications/Education Required
Desirable
Experience Required
- 1 Year experience in financial services industry or banking
- Familiarity with bank products and financial concepts and terms
Desirable
- 1 year securitization experience or 2 years audit experience
Competencies Required
- Fluent in English
- Communicate effectively
- Proactive / “get-it-done” attitude
- Acute sense of organization / autonomy / planning
Desirable
Skills & Knowledge Requirements
- Microsoft Office, Bloomberg, CACIB internal IT systems, Rating agency websites sites.
Desirable
- Proficiency in Python, VBA and SQL