Pb Drafting Solutions Jobs (NOW HIRING)

Day-to-Day Responsibilities:
Client Custom Margin Proposal, Negotiation, Documentation and Implementation
    Manages global (AMER / EMEA / APAC) custom margin negotiations for Equity PB including Arranged Financing and Synthetic EqPB upon agreement that non-standard margining is acceptable
    Reviews client's margin needs and drafts proposed changes to standard margins
    Defines and updates margining rules with client, under the constraints of the risk limits.
    Ensures margin levels remain adequate for the risks of the client's portfolio in coordination with RSR coverage analyst.
    Estimate margins for sample portfolios with initial and proposed changes
    Consults with RSR coverage analyst and RSR Quant team when applicable
    Finalizes draft custom margin proposal in coordination with RSR coverage analyst to gain LOD2 approval / validation 
    Draft overall framework and guidelines of Equity PB margin customization. 
    Create grid of all margin parameters along with ranges permitted for negotiation to be shared within RSR
    Define monitoring framework around custom margin and establish process to maintain record of validated custom margin grids across each parameter per client globally for global RSR access
    Log each customized margin grid into MyMRM in accordance with MRM policy.

Client Onboarding of Clients with Custom Margin
    Participates in the Legal Documentation negotiation for margin related terms and tracks non-standard margin terms per client (LUA, EqPB)
    Ensures that margination is set up appropriately in margination systems.

Portfolio Analysis, Front Office and Client Interaction
    Supports Sales on EqPB client pitching along with RSR coverage analyst by providing necessary explanations on the margin methodologies with respect to the client's portfolio.
    Reviews analyses on determine whether margin grids need to be amended / adjusted where possible in accordance with legal documentation
o    client strategies and trading patterns
o    risks in client portfolios: market risk, liquidity and concentration risks, wrong way risk, etc.
o    margin coverage relevance
o    risk measurement adequacy
o    balance sheet and capital usages if required.
    Identifies emerging risks and escalates to the First Line/Business senior management and RSR quant team for possible changes to client margin grids

Monitoring / Reporting & Overshoot Management
    Performs monitoring of margin vs risk and reviews exceptions, taking action or escalating when necessary
    Escalates potential client issues to the First Line/Business senior management and the Second Line Risk/Credit. 
    Manages methodology margin disputes in coordination with RSR Quant team (after GBTO identifies as methodology dispute).

Special projects
    Participates in projects to enhance the margining framework.
    Suggests enhancements to the processes.

Competencies, Skills and Qualifications:
Competencies:
Required:
    Communication Skills: excellent verbal, writing and presentation skills with the ability to interact with stakeholders and ability to relay complex technical concepts to both technical and non-technical audiences. Ability to present and escalate issues to Clients as well as Senior Management.
    Client focused with strong advisory skills.
    Analytical capability and Problem solving: Able to break down complex problems into simple manageable units, develops solutions for each unit, and integrates them back into the whole. Can absorb ideas quickly and apply them pragmatically.
    Results oriented: participates in setting goals and meets deadlines to bring value to the team and to the First Line/Business while maintaining high quality work product and safeguarding the bank.
    Interpersonal effectiveness: is self-aware of own behavior and work style, as well as tolerant of different needs and viewpoints. Demonstrates interest, consideration and respect in others opinions.
    Organized, detail and deadline oriented

Technical Skills & Knowledge: 
Required:
    Solid knowledge of financial markets and financial products.
    Solid knowledge of margin methodologies for EqPB
    Good knowledge of Equity PB
    Good knowledge of financial risk, margining and portfolio analysis techniques: VaR models, Stress Testing, Greeks.
    Good knowledge of hedge funds and investment strategies.

Desired:
    Familiar with databases and business intelligence (e.g., Tableau)
    Good knowledge of Excel.
    Programming in Python and SQL a plus.

Qualifications (Experience & Education):
Required:
    Bachelor's degree in Finance, Economics, Engineering or Mathematics.
    15 years in risk management, preferably in market risk, model risk or hedge fund risk.
    Strong Knowledge of equity margin methodologies   
    Must be a self-starter and be able to operate independently in a fast-paced environment.
    Proven change management abilities.

Desired:
    Master's degree