Credit and Market Risk Monitoring
1.2 Requesting Department
The assignment will take place within the Risk and Permanent Controls teams:
- Credit and Market Risk (Luxembourg)
1.3 Location
The Risk and Permanent Controls teams are located in two areas: France (Montrouge) and Luxembourg.
2. DESCRIPTION OF THE ASSIGNMENT
2.1 Assignment - Luxembourg (1 consultant)
2.1.1 Context and Scope
As part of the LUCA project (change of the bank's accounting system), the teams of the Credit & Market Risks business unit cover the following activities:
- Credit Risk
- Market Risk
- Market Activities Monitoring
- Clearing & Execution Risk
The teams need to adapt their existing tools, participate in IT work (EdB, UAT), and participate in LUCA project workshops.
2.1.2 Nature of the service
Development of a UDA (SAS, VBA, Access, Java) for monitoring the bank's credit, counterparty, and market risk.
Project management
Provide production backup (relieve the workload of the teams)
2.1.3 Description of the mission
* Analyze in detail the impacts of the accounting system change project (Syste and chart of accounts)
* Formalize the requirements (EdB) of the Credit & Market Risk line for the IT department responsible for adapting and developing the new tools in accordance v the project plan
* Monitor IT deliverables (Contribution to project management, workshop reports, monitoring the progress of IT implementations)
* Adapt the "UDA" tools/controls developed by the business (SAS, VBA, Access, Java) and update the UDA documentation accordingly.
* Test IT deliverables
* Support the changeover to the Risk and Accounting systems
* Write User Guides
* Organize training for the teams on new
* CMR systems and processes
* Organize training for the teams on new accounting systems (SAP & TRBK)
* Handle routine production tasks: o Execute controls o Produce reports
Functional :
* Analysis and provision of opinions on Risk cases:
* Analyze requests from the sales and trading floor teams regarding the credit and market transaction needs of the Bank's clients and counterparties.
* Provide opinions to be presented to the Bank's Risk Committee for a decision.
* Risk Monitoring:
* Verify, using automated tools, compliance with authorizations issued by the Committee and intervene to understand and rectify any anomalies.
* Prepare monitoring reports for Management.
* Develop and/or update rating methodologies specific to different product and/or client categories.
* Participate in or coordinate work related to harmonizing credit risk measurement, analysis, and control processes within the various CACEIS Group entities.
* Produce reports (analysis of overruns, exposures) on a statutory and consolidated basis.
If you are interested in this opportunity, please contact us at cv@blackridgegroup.com or by phone at +352 20 61 04.