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 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
- 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.
