At a Glance
- Tasks: Lead credit risk data aggregation and reporting aligned to BCBS 239 principles.
- Company: A leading banking client focused on regulatory compliance and risk management.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborate with senior stakeholders in a dynamic and complex banking environment.
- Why this job: Make a significant impact in regulatory reviews and improve banking data integrity.
- Qualifications: 12-15+ years in banking with expertise in Credit Risk Reporting and BCBS 239.
The predicted salary is between 80000 - 100000 Β£ per year.
A banking client is seeking a Principal BCBS-239 consultant with strong Credit Risk Reporting and Risk Data Aggregation experience to lead a key regulatory review. The successful candidate will have proven delivery experience within BCBS-239 programmes, with a strong understanding of credit risk reporting, data lineage, reconciliations & controls across complex banking environments.
Key Responsibilities
- Lead credit risk data aggregation and reporting workstreams aligned to BCBS 239 principles
- Define and validate critical data elements across exposure, PD, LGD and EAD reporting
- Assess end-to-end data lineage from source systems through to regulatory and management reporting
- Identify and remediate gaps across data quality, controls, reconciliations and reporting integrity
- Work across Risk, Finance and Technology teams to improve aggregation and reporting accuracy
- Support governance, regulatory deliverables and senior stakeholder engagement
Requirements
- 12β15+ years' experience within banking or financial services
- Strong background within Credit Risk Reporting, Risk Data or Regulatory Reporting
- Proven hands-on delivery experience within a BCBS 239 programme
- Strong understanding of credit risk data flows from origination through to reporting
- Experience within G-SIB or D-SIB banking environments, or equivalent banking advisory exposure
- Ability to engage effectively with senior risk, finance and regulatory stakeholders
This role requires a hands-on SME with practical experience delivering risk data and reporting remediation within complex banking environments.
Principal BCBS 239 Consultant β Credit Risk in Hemel Hempstead employer: MLM Search
As a leading banking institution, we pride ourselves on fostering a dynamic work culture that prioritises employee development and collaboration. Our commitment to excellence in Credit Risk Reporting and Risk Data Aggregation not only empowers our team members to take on significant responsibilities but also offers unparalleled opportunities for professional growth within a supportive environment. Join us in a location that thrives on innovation and teamwork, where your expertise will directly contribute to shaping the future of banking compliance.
StudySmarter Expert Adviceπ€«
We think this is how you could land Principal BCBS 239 Consultant β Credit Risk in Hemel Hempstead
β¨Tip Number 1
Network like a pro! Reach out to your connections in the banking and financial services sector. Attend industry events or webinars where you can meet potential employers or colleagues who might know about job openings. Remember, itβs all about who you know!
β¨Tip Number 2
Prepare for interviews by brushing up on your BCBS-239 knowledge. Be ready to discuss your hands-on experience with credit risk reporting and data aggregation. We want to see you shine when talking about your past projects and how they relate to the role!
β¨Tip Number 3
Showcase your expertise! Create a portfolio or a presentation that highlights your achievements in credit risk data management and regulatory reporting. This will give you an edge and demonstrate your practical experience to potential employers.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, weβre always looking for talented individuals like you to join our team and make a difference in the banking world.
We think you need these skills to ace Principal BCBS 239 Consultant β Credit Risk in Hemel Hempstead
Some tips for your application π«‘
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience with BCBS-239 and credit risk reporting, as we want to see how you fit into our world.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role and how your background aligns with our needs in credit risk data aggregation.
Showcase Relevant Experience:When detailing your experience, focus on specific projects or roles where you've led BCBS-239 initiatives. We love seeing concrete examples of your hands-on delivery experience!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you donβt miss out on any updates from us!
How to prepare for a job interview at MLM Search
β¨Know Your BCBS 239 Inside Out
Make sure you brush up on the BCBS 239 principles and how they apply to credit risk reporting. Be ready to discuss your hands-on experience with these programmes, as well as any specific challenges you've faced and how you overcame them.
β¨Showcase Your Data Expertise
Prepare to dive deep into your understanding of data lineage, reconciliations, and controls. Have examples ready that demonstrate your ability to assess and improve data quality across complex banking environments, as this will be crucial for the role.
β¨Engage with Stakeholders
Think about how you've successfully engaged with senior stakeholders in the past. Be prepared to share specific instances where your communication skills helped bridge gaps between Risk, Finance, and Technology teams, ensuring accurate reporting and governance.
β¨Demonstrate Problem-Solving Skills
Expect questions that test your problem-solving abilities, especially regarding data quality and reporting integrity. Prepare to discuss how you've identified and remediated gaps in previous roles, showcasing your proactive approach to risk data management.