Senior Manager, Regulatory Capital Measurement - Securitization

Select how often (in days) to receive an alert:

Requisition
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

This role has responsibility for ensuring accurate and timely reporting of Regulatory Capital components for Banking book Debt and Securitization for the total Bank, including both on- and off-balance sheet exposures. The added complexity for this role is reviewing, accessing and implementing any changes to regulatory capital requirements, including changes in the Capital Adequacy Requirements (CAR) and Leverage Requirements (LR) guidelines.

The role requires significant coordination with key partners in Global Banking & Markets (GBM), Treasury, Market Risk, Middle office, Accounting Policies & Procedures (APP), etc.

• Be responsible for Regulatory Capital with respect to the debt and securitization portfolios. This includes quarterly reporting plus all changes required in capital reporting due to new model developments within risk management. Also responsible for Leverage Ratio reporting for the Bank and five Canadian subsidiaries.
• Be responsible for leading and coordinating Regulatory Capital related initiatives associated with these portfolios in meeting existing and any upcoming regulatory requirements. This will require a good understanding of the Business Banking products and an ability to perform in-depth analysis for initiating systems changes and marshaling support to ensure banks’ readiness to comply with any new rules and following existing rules.
• Act as a subject matter expert in Debt securities and Securitizations for projects affecting the defined portfolios and play a support role on key initiatives affecting capital, with the ability to provide impact and influence in the planning and design of the implementation rollout. In these projects the incumbent will be expected to provide extensive analytical and modeling support to various portfolio be responsible for a thorough and comprehensive User Acceptance Testing (UAT) and sign-off prior to the implementation in Adenza Controller View.
• Monitor, research, analyze and interpret the proposed changes of the Regulatory Capital and Leverage guidelines for the portfolios. This will require in-depth understanding and analysis of the complex rules proposed for each of the portfolios within the bank. This will require a consultative process requiring inputs from various departments.
• Provide extensive analysis and support for production of the quarterly reporting Pillar III disclosure and related commentary, in addition to the Financial Statement and MD&A. This includes providing rationale of the Basel III capital results. This will require ongoing innovation in developing new management reports and tools that will lead to faster analysis during extremely tight external deadlines.
• Work on Bank’s participation in regulatory Quantitative Impact Studies (QIS) as initiated by BIS consultative documents. This will include Business Banking products, including debt and securitization portfolio, and the Leverage return.
• Work with Global Risk Management (GRM) and IT towards advancing Finance reporting requirements as part of the Bank’s overall MIS program initiative.
• Work with external and internal auditors to ensure that all Financial Statement and Pillar 3 disclosures of credit and capital data are published as per the SOX processes designed. Responsible for yearly RDARR compliance attestation, and audits of RDARR compliance. Also maintain documentation and support for Data Office policy adherence.
• Work with GRM - Market Risk group to monitor the market risk on regular basis and report any adverse regulatory capital impact from the Bank’s trading book exposure. Responsible for the consolidation of the Bank’s total market risk capital requirement and report it on OSFI’s BCAR schedules.
>

Provide ongoing coaching and training to one direct report by identifying opportunities for professional growth, guiding them to success in their role, and reviewing their deliverables.…