Job Ads - Capital Management

Capital Management, AVP

State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $32.9 trillion in assets under custody and administration and $2.95 trillion in assets under management as of September 30, 2019, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s website at www.statestreet.com.

Job Description

The Capital Management group within Global Treasury is responsible for the following functional areas: Capital Policy, Capital Planning, Capital Structure, Rating Agency relationships, Stress Testing and end-to-end program management for the Federal Reserve’s annual Comprehensive Capital Analysis and Review (CCAR). Besides that the Capital Management team is responsible for coordinating and managing internal capital adequacy assessments (e.g. ICAAP) for various entities of State Street.

This position is within the Financial Modeling and Analytics Team in Capital Management and will be a key contributor to State Street’s CCAR and Recovery and Resolution Planning (RRP) submissions.

Primary duties and responsibilities:

Design, own and maintain complex excel-based financial models for State Street’s RRP and CCAR executions
Coordinate and support production process including collection of data inputs across work streams and staging for inclusion in CCAR and RRP models
Produce and analyze stress results, encompassing preparation of meeting materials and presentation to working groups & management committees
Collaborate with CCAR IT infrastructure to automate data collection, modeling and reporting processes
Support requests from Audit, Model Validation Group, and other oversight teams to drive effective risk management
Initiate process improvements across existing CCAR and RRP framework
Prepare ad-hoc analyses as requested by senior management, with the ability to translate detailed information into concise, actionable items

Qualifications, skills and experience:

Bachelor’s degree with a concentration in business, finance, economics or accounting
Experience in financial services with exposure to PPNR, RRP, capital management, and capital forecasting, finance, or risk management
Strong financial modeling and analytical skills with comfort building models and performing ad-hoc analyses
High degree of attention to detail and focus on error-free execution
Strong oral and written communication skills with the ability to convey complex concepts through presentations to diverse groups across the organization
Proficient in MS Office, particularly Excel and PowerPoint

Corporate – Capital Management – Basel Measurement and Analytics – Associate

JPMorgan Chase & Co-PL

The Basel Measurement and Analytics (BM&A) Team within the CIO Treasury function is responsible for partnering with JPMC functions, including Capital Management, Risk Management, Quantitative Risk, Risk Reporting, and the LOBs to establish control and govern best practices and accountability for the Regulatory Capital process. BM&A is responsible for producing firm-wide capital results on a monthly basis and oversees the implementation and reporting infrastructure for Basel 3 and other Capital-related requirements such as CCAR, Supplementary Leverage Ratio (SLR), Numerator, TLAC, etc. Furthermore, the team manages the Quantitative Impact Studies (QIS) for regulators and responds to senior management inquiries on capital-related matters.

The BM&A Associate position interfaces with LOB controllers to support the computation and analysis of risk-weighted assets (RWA) for the Available-for-sale (AFS) portfolio, Resolution & Recovery, and potentially other Wholesale Credit Risk products. The candidate will be responsible for producing RWA under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and Credit Officers to determine variance drivers such as portfolio changes, policy updates and capital treatment. The candidate will manage the adjustment process and be owner of data issue identification, tracking and resolution.

EDUCATION

Bachelor Degree required; Finance, Economics major preferred; advanced degree a plus

EXPERIENCE

3-5 years of treasury, financial or regulatory reporting experience at a large financial institution
Experience in credit risk management and reportingExperience in a production or operations environment preferred
Experience in project management preferred
Experience with Basel regulatory capital rules preferred
Experience driving large initiatives across multiple functional groups

SKILLS

Strong problem solving and analytical skills, able to work independently
Self-motivated individual who seeks a challenging role and can work independently
Strong communication skills and relationship-building skills
Excellent organizational skills and control focus
Ability to work well under pressure
Superior attention to detail and process-orientation
Expert in Microsoft Access and Excel required
Knowledge of Basel III rules a plus

Capital Management Process Oversight

UBS

Your role

Are you solid as a rock when things are getting tight, time is running and quick solutions are needed? Do you have a solid understanding of project as well as process management? Are you interested in driving a firm-wide forecasting production process? Then we are looking for you to:

help manage and execute the end-to-end capital management (CCAR, DFAST, ICAAP) production process with the help of SME/ stakeholders across regions and functions
manage production runbooks across all capital management initiatives
ensure process efficiency and effectiveness
drive process design and re-engineering
facilitate collaboration between various functions and regions

Your team

You’ll be working in the Capital Management Process Oversight team which is part of the central Capital Management team. This team interacts with many groups within UBS including the Businesses and across Risk and Finance. The team is responsible to ensuring efficient and on-time production processes supporting capital management initiatives to deliver coordinated and well controlled submissions. The team is characterized as being highly professional, goal-oriented and eager to succeed.

Your expertise

You have:

worked in a similar position before (project and/ or process management)
an understanding of what it takes to run successful large-scale projects in financial services
certificate in project management (e.g. PMP) and/ or process management (e.g. Six Sigma) are an advantage
knowledge in CCAR is beneficial
experience in an environment where no two days are the same

You are:

goal oriented and with a strong commitment to accomplishing team and organization objectives
a strong communicator (written and verbal), comfortable interacting with colleagues at all levels
an expert at building networks and connections
known for hitting deadlines
able to deal with changing requirements and challenges
creative and pragmatic in finding solutions
able to facilitate and drive issue resolution and act responsibly and analytically in the event of stress and pressure
knowledgeable in MS project

About us

Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That’s what we do. And we do it for private and institutional clients as well as corporations around the world.

We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?

Join us

We’re a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.