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International Banking Client

VP, Legal Entity Risk

  • New York, NY
  • Full Time

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Office Status: Hybrid

Compensation: $105,000 – $180,000


  • Report and explain VaR/SVaR back-testing exceedances when incurred for client’s various legal entities to regulators as part of scheduled regulatory reporting
  • Oversee material preparation for Governing Body meeting decks
  • Facilitate process of material pricing and risk model changes and appropriate regulatory notifications regarding the model changes
  • Review and approve regulatory reporting including monthly submission of market and credit risk metrics to the NFA, quarterly back-testing results submission 23.105(k) to the NFA, quarterly Capital Monitoring Form to the NFA, and the semi-annual sub-portfolio back-testing results to the FRB
  • Oversee the content and composition of monthly risk exposure management decks, as well as monthly update decks to the SEC covering the OTC DD
  • Manage legal entity related regulatory submissions related to client’s various regulators, on topics ranging from SIMM to Capital. Coordinate gathering of responses from owners and SMEs, validating coherence of each response as compared to the firm’s overall responses as well as prior submissions
  • Partner with client’s Compliance officers across various non-Prudential legal entities in addressing Regulator / Examiner information requests, questions, and annual RMP reviews
  • Oversee the Regulatory Risk Change Management function for Americas Risk Management to determine required changes of new rules and regulations