Regulatory Business Analyst

Job description

The internship entails:
• Writing documents like ICAAP/ILAAP/Risk Management Framework(BASEL III, IV/CRDIV)
• Integration of ICAAP and ILAAP processes (including Risk Appetite and Stress Testing) in support of decision making, such as integration in the strategic / financial planning and budgeting processes; allocation of financial resources to business lines and/or entities, and establishment of the capital and liquidity resulting plans
• Developing qualitative risk assessment tools, such as an input for the estimation of additional capital charges
• Constructing stress test models for sensitivity analysis, scenario analysis and reverse stress testing
• Understanding supervisory reviews from the regulator’s perspective
• Background to capital and liquidity adequacy, including BCBS and EBA standards and guidelines
• Developing recovery plans and quantifying impacts on capital and liquidity
• Consulting on the latest methodologies / indicators to monitor and manage liquidity levels and funding sources
• Undertake strategic options and assessments work to develop responses and options to respond to regulatory change
• Support implementation and execution of re-designed/ engineered processes to BAU to ensure regulatory change requirements are embedded in the bank
• Developing procedures & processes for operational readiness
• Developing Regulatory Requirements in alignment with regulatory rules
• Leading impact assessments of new regulatory updates and the impact on the bank
• assesses the functions, objectives and requirements of the bank
• identifies problems concerned with business strategy, policy, procedures, methods and markets
• determines the appropriate method of data collection and research methodology, analyses and interprets information gained and formulates and implements recommendations and solutions

Desired profile

• An ideal candidate would be someone who has a natural flare and passion for the regulatory space and a genuine interest in reading and understanding the regulatory requirements
• The candidate would have sufficient business, product and financial regulatory knowledge to be able to assess regulations for the bank
• Must be pro-active, self-starter, able to manage own work to deliver to agreed deadlines without close supervision
• Must be very good with time management and multi-tasking given the nature of work involved within Regulatory Developments which could at times be very strategic and the required experience to work through an unstructured environment
• Prefer experience of managing workstreams within projects/programmes in regulatory space (PRA/FCA)