Role: FX Risk Manager (C14 level)Position: Tampa, FL (Remote in EST Time zone)Position type: 12+ months with high possibility of extension/Conversion as FTEPay rate $85 - $92/hr on W2Manager notes:
- Team provides second line oversight on treasury risk to assess FX risk in the banking book.
- Governance issues, like policies and processes and standards.
- Looking to figure out what is the gap in order to build out the correct process and standards
- Must have knowledge of FX risk and hedging activities experience
- 10+ Years of experience – C14 level, 10-15 years
- Understands Balance sheet
- Good data experience
- Flexible for location: Can work remotely – as the manager wants a person who is an expert with FX risk
- Please note, most of the team works in EST
- Job Description:Non-Trading Market Risk (NTMR) Management group, as a part of the Finance CRO organization, is responsible for independent risk management of non-trading market risk, including Interest Rate & FX Risk in the Banking Book as well as market risk management of Treasury Investments. It identifies, measures, and monitors non-trading market risks and it provides independent review and challenge to the first-line activities.The consultant resource will provide support for remediation of firm-wide issue on governance & framework of non-structural FX Risk in Banking Book. This will include defining methodologies for risk identification, establishing risk appetite/limits, and building consistent procedures & comprehensive controls.Candidate must have:• Thorough understanding of FX risk management & hedging methodologies.• In depth knowledge of treasury functions and balance sheet management.• Knowledge of FRTB regulatory requirements (new regime for FX risk capitalization).• Expertise in data analyses (Python/SQL/Excel/Access).• Relevant experience in model methodologies.Candidate's responsibilities will be to:• Collaborate with Finance CRO Risk, Treasury, Technology, various Business line, Compliance, Model Risk, and Finance Controller teams in pulling together process/system flows and getting a good understanding of the data points.• Perform deep analyses of the balance sheet exposures related to FX and develop. methodologies to quantify the open risk and extent of gap in risk analytics reported in VaR.• Support the build for new governance, framework, and control processes for management of FX Risk in Banking Book.• Ensure appropriate documentation including updating/creating new Policies, Procedures and Standards to memorialize the new governance structures.• Manage the project efficiently by logging, tracking and escalating issues through their lifecycle.
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ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, Talent Solutions, and Jefferson Wells – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2022 ManpowerGroup was named one of the World's Most Ethical Companies for the 13th year - all confirming our position as the brand of choice for in-demand talent.