Business Risk Specialist
3 weeks ago
Job Summary:
Axelon is seeking a highly skilled Business Risk Specialist to join our team. As a Business Risk Specialist, you will be responsible for ensuring the accuracy and completeness of Desk Mandate documents, acting as a subject matter expert in respect to the Volcker Rule, and ensuring compliance with relevant standards and procedures.
Key Responsibilities:
Partner with key stakeholders to monitor changes in business activity and assess any Volcker implications.
Support the business in ensuring Volcker compliance requirements are met on an ongoing basis.
Partner with Technology teams to develop sustainable solutions supporting the Volcker Program.
Identify, prioritize, and proactively manage dependencies, risks, exceptions, and issues.
Coverage of specific desks leveraging the Risk Mitigating Hedging exemption.
Variety of project work including assisting in the response to regulatory examinations and queries from Regulators.
Requirements:
Knowledge of global markets trading products and services.
Understanding of Front Office trading processes and trade lifecycle within a large bank/dealer.
Knowledge of market risk and/or regulatory rules pertaining to risk is advantageous.
Experience with regulatory rules and ideally in delivering regulatory initiatives.
Exposure to analyzing legislative and regulatory texts and associated legal analysis.
Proficiency in risk management data analysis and tools is a plus.
Education:
Bachelor's/University degree. Potentially Masters degree.
About Axelon:
Axelon is a global financial firm located in New York City, NY. We are committed to providing world-class solutions that are as diverse as the needs of our clients. Our team is dedicated to establishing and maintaining a robust first line of defense designed to minimize risk within the business.
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