Market Risk Project Manager

About the position

The Market Risk Project Manager role at a leading global bank in New York involves overseeing the execution of deliverables across various workstreams while providing subject matter expertise in Market Risk. This contract position offers a hybrid work schedule and the opportunity to collaborate with industry experts, focusing on regulatory change and project management within Capital Markets initiatives.

Responsibilities

• Translate regulation into actionable work and activities.
• Liaise with stakeholders and accountable executives to drive regulatory change and workstream implementation.
• Assist in ensuring that all target state tools, processes, and controls are effectively socialized and approved.
• Manage internal and external dependencies across initiatives, collaborating with Risk Managers, Product Owners, Front Office, Product Control, and Technology teams.
• Identify challenges and proactively resolve or escalate risks and issues in a timely manner.
• Engage senior stakeholders continuously, escalating and resolving issues as they arise.
• Produce accurate and insightful project update materials tailored to various forums and committees.
• Build strong relationships to support the execution of programs.

Requirements

• Bachelor's/University degree.
• 5+ years of experience working in Market Risk.
• Experienced in Project Management/Transformation/Change Management with extensive FRTB Market Risk subject matter expertise.
• Understanding of FRTB regulations and implementation.
• Regulatory understanding and experience with regulatory interpretation.
• Project management skills.
• Experience working with front office policies and mandates.
• Experience on front office change projects (desk facing).
• Market risk experience.
• Transformation/change management/PMO experience focusing on Capital Markets initiatives.
• Working knowledge of Markets business and products (FICC and Equities) and/or regulatory capital.
• Ability to influence and build collaborative relationships across Global Markets stakeholders.
• Strong track record in strategic project management and delivering complex solutions.
• Experience in scoping, developing, and prioritizing plans for strategic initiatives.
• Understanding of mechanisms to track and communicate performance.
• Ability to drive change across a global organization.

Nice-to-haves

• Master's degree.
• 10+ years of financial industry experience.
• Experience in Market Risk and Regulatory related projects.
• Project Management certifications (e.g., PMP or equivalent).
• Experience analyzing large datasets using SQL, Python.

Benefits

• Medical Insurance - Four medical plans to choose from for you and your family
• Dental & Orthodontia Benefits
• Vision Benefits
• Health Savings Account (HSA)
• Health and Dependent Care Flexible Spending Accounts
• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
• Hospital Indemnity Insurance
• 401(k) including match with pre and post-tax options
• Paid Sick Time Leave
• Legal and Identity Protection Plans
• Pre-tax Commuter Benefit
• 529 College Saver Plan