Description
You will be part of a Program within a swiss bank with the scope to implement the local margin regulations for non-centrally cleared OTC derivatives following the BCBS/IOSCO recommendations.In your role you will require to process initial and variation margin for counterparties as specified in the legislations.
Collecting and posting initial and variation margin will require the adaption of processes and systems within credit risk management (CRM).
These are your Tasks in this role:
- Analyse today's 'as is' CRM process and its IT infrastructure; identify and assess solutions to comply with the new BCBS/IOSCO rules in corporation with the Subject Matter Experts
- Define business requirements, coordinate with Subject Matter Experts and ensure sign-off of requirements by responsible
- Act as an interface between Business and IT, support IT to develop the technical specification and drive the implementation of the requirements to ensure timely delivery
- Define and perform test cases based on the business requirements
- Support the project management by providing regular status reports
- Coordinate with international locations (no travelling expected)
The following skills are essential:
- Solid Financial risk management know how (credit risk and/or market risk)
- Collateral management and derivative know how
- Good understanding in risk management procedures and methodologies
- Excellent English skill in writing and speaking
The following skills are a plus:
- Experience in the area of FinfraG, EMIR, or BCBS/IOSCO
- Knowledge in Wrong Way Risk
- German Skills
Start: asap (upon agreement )
Duration: 5 Months (with option to extension)
Contract: Contract
Pensum: Full time
Salary: market standards
Work place: Area of Zurich
Are you interested in this challenging job offer? We are looking forward to receiving your application including CV, diplomas, reference letters and a short summary disclosing why you would be the perfect match for this position. Please send your dossier by e-mail to:
Your contact person is: Martin Supthut
Please mention the Job-ID 52145
Your application will be handled absolutely confidential. We will not forward any details without your consent.
We are going to contact you ASAP and we are looking forward to a close collaboration.
Humentum AG
Ausstellungsstrasse 36
8005 Zürich
Tel.:
www.humentum.ch