What are the responsibilities and job description for the Head of Capital Management position at Taurus Search?
The Head of Capital Management will play a key role within the organization and will lead their team with a mandate actively manage the firm’s capital adequacy and capital management across legal entities and jurisdictions in the Americas region.
The position requires knowledge of bank capital regulatory framework and capital adequacy requirements, as well as CCAR and capital stress testing, and capital planning. Strong leadership and stakeholder management skills are required to be successful in this role.
Role Objectives:
- Build a team of capital management professionals specialized in bank capital, capital management strategies, and stress testing.
- Perform ongoing analysis of capital ratios and capital management strategies and plans for relevant entities
- In depth knowledge of capital ratios (CET1, Tier 1, Total Capital, Leverage), risk-weighted assets (RWA), leverage assets, and buffers.
- Identify enhancement areas in the capital framework and ensure enhancement plans are defined and implemented.
- Prepare and present analyses and reports to senior management, regional boards, and global committees, as required.
- Partner with Risk, Finance, Treasury, and Business leadership to challenge capital actions and ensure prudent balance-sheet management.
- Act as the primary point of contact for regional regulators on capital matters
Qualifications and Skills
- 10 years capital management, regulatory capital, stress testing, treasury, or balance sheet management experience in the first- or second-line groups of large U.S. banks or FBOs.
- Strong background in financial markets and products required.
- Extensive understanding of balance sheet products and risks, including the products’ impacts on baseline and stress capital ratios.
- Deep knowledge and understanding of U.S. regulatory requirements (e.g., U.S. Regulatory Capital Rule, enhanced standards, CCAR framework and stress capital buffer). Familiarity with Canadian and LATAM regulatory capital regimes a plus.
- Deep knowledge of capital framework, CCAR/DFAST, RWA methodologies (credit, market, operational), and leverage ratio
- Experience in engaging with U.S. regulators is required
- Familiarity with Contingency Capital Plan requirements and capital elements of recovery and resolution planning, including RCAP and RCEN metrics and related frameworks.
- Experience in setting or assessing adequacy of internal capital limits.
Salary : $250,000 - $350,000