Global Banking & Markets, Supervisory Risk & Controls, Associate - Dallas

About the position

The GBM Supervisory Risk and Controls team is a First Line risk management function that manages business controls covering supervisory related risks arising from both Equities and Fixed Income Currency & Commodities (FICC) sales & trading activities, as well as pre-trade and post-trade controls for different regulatory obligations in the Global Banking & Markets (GBM) division. The team focuses on control design, implementation and enhancements to ensure risk in GBM is appropriately mitigated.

Responsibilities

• Develop subject matter expertise on business controls and support coverage to effectively investigate and remediate business control issues that arise.
• Support development of key metrics to measure effectiveness of the business control framework.
• Build relationships with Sales/Trading including regular meetings with Supervisors to discuss their team's regulatory compliance exceptions.
• Work with Compliance and Legal on matters relating to regulatory compliance and conduct.
• Contribute to strategic initiatives to streamline pre-trade, trade and supervisory control design, workflows and processes across obligations.
• Represent the team in all necessary forums for the business controls covered within the region including operating risks & control groups, as well as Management & Strategy (M&S) committees when needed.
• Execute the data governance framework, policies, standards, and guidelines.

Requirements

• Bachelor's degree.
• 3-5 years of relevant work experience with exposure to regulatory implementation or specific knowledge of front office supervision frameworks.
• Good understanding of risk & controls framework across Trading & Sales businesses.
• Good understanding of securities markets, derivative products and Sales & Trading functions and ability to build relationships with sales / trading personnel.
• Prior exposure to regulatory trading obligations such as MiFID II, Margin Rules and Clearing and Execution reporting obligations.
• Ability to prioritize and meet simultaneous competing demands and a passion for a drive to deliver in a rapidly changing environment.
• Experience managing projects, and building and maintaining stakeholder relationships; communicating with influence.
• Ability to identify and articulate complex issues to a diverse group of stakeholders, propose mitigates/solutions and escalate appropriately.
• Demonstrate effective analytical, critical thinking, and perform root cause / trending / impact analysis to drive decision making.

Nice-to-haves

• Experience with data blending and data visualization software such as Alteryx, Tableau, QlikView, Power BI, is desirable but not required.

Benefits

• Diversity and inclusion initiatives.
• Training and development opportunities.
• Firmwide networks.
• Wellness and personal finance offerings.
• Mindfulness programs.