Senior Project Manager - Market Risk

Role: Senior Project Manager - Market Risk

Location: NYC, NY (Hybrid 2/3 days in office)

Duration: 6 Month Contract (Possible Extension or Hire)

W2 Only; no option for C2C

Job Description

The role will be part of a core central Program Management Team charged with ensuring the timely execution of deliverables across all workstreams whilst imparting subject matter expertise and know-how.

The candidate must be an individual experienced in project management and with sufficient subject matter expertise to be able to provide meaningful solutions that are functional and sustainable.

Primary Responsibilities:

• Transformation / change management / PMO experience with a focus on Capital Markets initiatives to address regulatory, audit, risk and control and / or risk management issues

• Working knowledge of Markets business and products (FICC and Equities) and / or regulatory capital

• Ability to influence and build collaborative relationships across Global Markets front-to-back stakeholders, e.g., trading desk, finance, operations, technology, risk management

• Experience analyzing large datasets using SQL, Python, a plus

• Assist in ensuring that all target state tools, processes and controls are socialized effectively and are approved at or by the appropriate governance forum or level

• Manage internal and external dependencies across initiatives, including working closely with Risk Managers, Product Owners, Front Office, Product Control and Technology teams

• Identify challenges and proactively seek to resolve or escalate risk and issues in a timely and well-articulated manner to the projects by engaging relevant stakeholders and PMs

• Engage senior stakeholders continuously by escalating and resolving issues as they arise

• Produce accurate and insightful project update materials and artifacts, tailoring to various forums and committees

• Build strong relationships, adopting a joined up approach, to support the execution of programs

Key Skills Required

• Experience with FRTB specifically around:

o The Profit and Loss Attribution Testing (PLAT)

o Risk Theoretical Profit and Loss (RTPL)

o HVaR Backtesting

• Experience with trading P&L flows

• Strong & proven track record in strategic project management and delivering complex solutions are essential

• Has significant experience in Capital Markets Transformation

• Significant experience in scoping, developing and prioritizing plans for strategic initiatives

• Excellent oral and written communications skills; must be articulate and persuasive with the judgement and authority to provide insightful commentary to senior stakeholders

• A solid understanding of mechanisms to track and communicate performance

• Ability to drive change to business practices by working effectively across a global organization and understand different perspectives

• Thought leadership in target state design through engaging stakeholders at various levels of the organization

• Demonstrated analytical skills with follow-up and problem solving capability

• Minimum of 10 years of relevant industry experience

Key Skills preferred

• Experience in Market Risk and Regulatory related projects

• Bachelor’s/University degree, Master’s degree preferred

• Project Management certifications e.g. PMP or equivalent a strong plus