Risk Analyst

Title:

Compliance and Risk Analyst Location:

Los Angeles, CA 90071 (Full Onsite)

Duration:

4 months (Possibility of Extension)

Max PR:

$50/hr - $52/hr

Note:

Only local candidates, no sponsorships will be given now or in the future.

Role Summary:

Assisting in Interest Rate Risk initiatives, including business strategy and new products, reporting deliverables, regulatory issues, and both technology and non-technology infrastructure improvements. Performing ALM modeling (NII, EaR, EVE, VaR, P&L, FTP, risk sensitivities, scenario analysis, and stress testing). Leading IRR responsibilities,s including enhancing reporting, regulatory reporting, and analysis (aligning to Enhanced Prudential Standards). Reviewing and enhancing Interest Rate Risk and Market Risk policies and procedures. Advising on reporting requirements. Performing regulatory process assessment and design with Volcker or CCAR. Developing an in-depth understanding of the firm's interest income projections under different rates scenarios; identifying and challenging qualitative assumptions. Developing and implementing governance frameworks and policies for controlling the firm's accrual rates risk. Assisting the enhancement of the Interest Rate Risk framework and processes under the leadership's direction (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data). Reviewing analytics using the Company's quantitative ALM modeling, ALM-IRR (NII and EVE) scenario analysis, balance sheet projection capabilities, and integration with broader treasury analytics. Leading effort in creating liquidity and interest rate material for senior management committees, including ALC, and Board meetings. Providing analysis of existing/future business processes in support of Liquidity Risk and Interest Rate Risk change management initiatives and/or infrastructure and process enhancement efforts, including enhancing Interest Rate Risk reporting, regulatory analysis, and reviewing Interest Rate Risk documentation; and advising on requirements. Leading interest rate risk projects and maintaining communication with technology, front office, risk committees, enterprise risk, and other relevant businesses. Assessing Base Funds Transfer Pricing effectiveness and methodology application across the balance sheet,t and calculating and performing analysis on Banking book Value-at-Risk to log breaches and set thresholds. Engaging directly with Corporate Treasury and risk-taking businesses to understand strategy, assess new activities, enforce, and monitor Risk Appetite limits, comply with regulatory requirements, and challenge proposals. Facilitating and coordinating the production and review of the monthly and quarterly committee package. Assisting leadership to lead and communicate progress to audit/regulatory examinations and submissions,n s and in researching and preparing ad-hoc management requests. The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time, hours of paid vacation time, weeks of paid parental leave, and paid holidays annually - as applicable. Fair Chance Ordinance