What are the responsibilities and job description for the Resolution Planning, AD position at PRI Technology?
ROLE: Resolution Planning, AD
Full-time/Permanent
Location: Jersey City, NJ - Hybrid
RESPONSIBILTIES:
- Responsible for managing the modelling and calculations related to U.S. Resolution with a focus on Liquidity Execution Need (“RLEN”) of a GSIB/FBO.
- Liaise with different functional groups and businesses in preparation of the resolution model forecast and the downstream users of the forecast.
- Managing the build out of documentation, white papers and assumptions for the liquidity analysis of the plan.
- Supporting implementation of the model to manage the liquidity calculations, understanding the requirements to ensure successful integration.
- Managing the ad hoc, on demand resolution forecast requests and corresponding support of the analysis.
- Liaise with key stakeholders throughout the life cycle of the plan submission to ensure a compliant and timely plan submission.
- Facilitate testing of new Firm systems to enable successful onboarding of forecasting capabilities, raise/escalate issues for remediation and timely remediation.
SKILLS:
- Bachelor’s degree in finance and economics.
- 5-8 years’ experience in banking or financial services focused around either in resolution plan management, liquidity risk management, capital management at a financial institution, or as an auditor or consultant for banking clients.
- Thorough technical analysis capabilities and ability to learn new systems (including databases, forecasting tools and liquidity reporting systems)
- Ability to learn new systems and integrate Firm data
- Previous experience with Resolution planning for GSIB/FBO firms
- Knowledge and understanding of RLEN requirements
- Ability to think strategically, including with regard to proposed rule makings, impacts, implementations, etc.
- Strong communication skills and an ability to work across different parts of the Firm toward the goal of successfully managing the Resolution plan and forecast
- Strong attention to detail and writing skills
- A general understanding of Python
Nice to Have:
- Experience in Resolution Planning, Capital Planning, or CCAR stress testing for financial institutions.
- Experience in Workiva, Tableau or Alteryx