Description
ICAAP Modelling Analyst FP&A Financial Planning Analysis Stress Testing Buy SIde Asset Management
Our client is one of the worlds most prestigious and internationally renowned asset and investment management firms. An interim opportunity has arisen working with the financial planning and analysis team where you would play a lead role in modelling revenue stress tests as per ICAAP requirements.
THE ROLE:
- The FP&A team provides direct support to the Chief Financial Officer in the areas of planning, forecasting, reporting and value-added analysis. Candidates should possess strong analytical skills and be able to work in a fast-paced, team-oriented environment.
- We are seeking professionals with experience in quantitative or analytical fields, eager to join a high-performance asset management firm. Candidates should possess excellent relationship and project management capabilities along with strong quantitative and analytical skills. Candidate must have a high aptitude towards financial analysis software such as Excel in order to be successful in this role.
- The EMEA Regional FP&A team play a key role in the production of the Internal Capital Adequacy Assessment Process (ICAAP) for the UK regulated entities. The primary purpose of the ICAAP document is to inform the Board of ongoing assessment of its ability to meet its liabilities as they fall due, how it intends to deal with risks, and the amount and nature of financial resources considered necessary to hold. FP&A is responsible for modelling the impact of various risks on our P&L, Balance Sheet and Capital.
KEY ACCOUNTABILITIES:
- Play a leading role in the ICAAP including modelling the revenue stress tests, the compound stress test and the wind-down.
- Being an active member of the cross-functional ICAAP team, working closely with Risk & Quantitative Analysis (RQA), Corporate Accounting, Compliance and other teams to ensure the accuracy and completeness of the ICAAP.
- Working with RQA to enhance the revenue stress testing to take inputs from various RQA modelled scenarios and prepare output for the ICAAP and other committees.
- Liaising with different areas across the business to gather inputs into the wind-down, an analysis that models the closure of the entities, and model these assumptions.
- Preparing assumptions papers and present these to the ICAAP Steering Committee.
- Preparing materials for the Board.
- Support ad-hoc queries and analysis as needed.
SKILLS/EXPERIENCE REQUIRED:
- Experience of ICAAP or equivalent regulatory capital projects preferred
- Strong Excel financial modelling skills are essential.
- Strong organisational, planning, quantitative and problem-solving skills; strategic and creative thinking.
- Able to work effectively under pressure and in a rapidly changing environment in order to meet deadlines.
- History of effective multitasking, expectation setting, escalation of issues, where appropriate.
- Focused attention to detail and high standards for quality and accuracy in his/her work product.
- A great attitude and strong work ethic
- Collaborative, team-oriented, service-oriented.
- A desire to work in a high-energy environment with a dedicated commitment to excellence.
- Comfortable interacting with all levels of management.