Our client, a leading financial services company is hiring a Credit Risk Transformation Project Manager on a long-term contract basis.
Job ID 80807
Work Location:
Irving, TX – Hybrid
Summary:
The successful candidate requires an understanding of risk reporting, wholesale credit risk management, but more importantly project management skills to deliver the outcomes. Good communication skills are required to influence internally, often at a senior level, to tight deadlines. The role may exercise control over some resources and is accountable for the end results in their area of responsibility.
Responsibilities:
- Develop a detailed understanding of the program deliverables, Wholesale and Counterparty Credit Risk (WLCR / CCR) and the working of the first and second lines of defense, in accordance with project management and governance standards of practice.
- Provide project governance, oversight and monitoring activities in accordance with the WCR initiative and processes specified by the Transformation Program Office.
- Maintain project plans, RAID logs, and run working groups for their respective projects and deliverables.
- Provide reporting or analyze data across key deliverables, including the identification and remediation of issues and audit items.
- Able to influence and work with a team of professionals across different time zones and departments
- Requires an understanding of multiple areas within the function and how they interact to achieve the objectives of the function
- Applies in-depth understanding of the business impact of technical contributions.
- Ensure that emerging risks identified are socialized with key stakeholders and mitigation strategies are in place
- Identify areas of engagement based on level of investment, inherent risk, complexity of change and other risk factor
- Execute Risk Control coverage strategy, ensure appropriate risk mitigation actions are in place and escalate to senior management as appropriate
- Excellent communication skills required to negotiate internally, often at a senior level.
Required Skills:
- 10+ years of experience in Risk and Change Management
- Knowledge and experience of structured project management techniques in a front office environment
- Demonstrable experience of senior involvement in high impact projects / programs as a consultant or internal change leader
- Expertise and hands-on practitioner expertise in designing and implementing structured business/operational processes and associated business requirements documentation
- Knowledge of, and experience in, analyzing legislative and regulatory texts, and associated legal analysis
- Understanding of credit risk best practice and regulatory requirements.
- Ability to review and provide concise/impactful insight into meeting regulatory remediation needs.
- Knowledge of credit risk RWA or Stress Testing is a plus
- Strong, appropriate industry knowledge & delivery track record is essential.
- Effective verbal and written communication skills
- Stakeholder Management
- Effective Negotiation skills
Education:
Bachelors/University degree or equivalent experience in a relevant subject e.g. Math, Finance or Business is preferred