Stress Test Business Analyst (8 months Contract) Stress Test Business Analyst (8 months Contract) …

Allegis Global Solutions
in Singapore, Singapore, Singapore
Contract, Full time
Be the first to apply
Allegis Global Solutions
in Singapore, Singapore, Singapore
Contract, Full time
Be the first to apply
Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world’s leading banks. Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. Their brand promise, Here for good, underlines their distinctive approach.

This role’s key components include:

  1. Stress Testing Data Management and Reporting
    • Population of the stress testing related financials from various systems for Income, Costs and Balance sheet both at Financial and Management views
    • Maintenance of data controls, processes, standards, reconciliation, over data sources/data inputs, reporting templates, future data requirements. Coverage includes the entire balance sheet, P&L, and other financial statements.
    • Reconciliation and alignment of Risk & Finance data are in-line and meeting the enumeration standards as per the Bank of England requirements for the structured data framework templates (STDF).
    • Having knowledge in Financial Analytics (FA), MRC Cubes, IFRS Cubes, RMI, BRCS and Fermat would be preferable
    • Reconciliation with key sources and other regulatory submissions such as IFRS 9 , MRC, FINREP, COREP
    • Implementation of efficient, accurate, and automated solutions for data management requirements.
    • Engage and interact with stress testing modellers and Governance personnel for process improvement, execution, and population of reporting templates and regulatory submissions
  2. Risk and Finance Integration layer
    • Subject matter expertise in Revenue , Balance Sheet management and Product profitability
    • Design the business requirements to integrate the Risk and Finance to deliver the required data with analytics for the Bank of England
    • Engage and work positively with other stress testing work streams, technology providers/stakeholders, for data interfaces, validation, and issue identification and resolution
    • Engage with Operational Risk and Audit for process, controls, documentation and operational related matters
    • Manage timelines and data assurance requirements around stress test exercises
  3. Data Visualisation and Analytics
    • Data visualization through Tableau, to build dashboards for Data Assurance, controls and governance and help to explain on any spikes in forecasted projections.
    • Working closely with the Stress Testing world as well as other team members for any other miscellaneous capital and liquidity projects.
  4. System Knowledge
    • Strong SAS knowledge is mandatory
    • Micro strategy or Tableau for analytics
    • Risk Systems (RMI / PMI / BCRS)
    • Python and “R” softwares are added advantage

Key qualifications and skills required for this position:

  • Experience in banking domain especially in Banking products and Strategic Change Management
  • Experience in Enterprise Wide Stress Testing framework (EWST)
  • Experience in data management, analytics, technology including process/data frameworks/reviews, controls assessment, and detailed documentation
  • Ability to gather business requirements, review functional specifications, UAT (User Acceptance testing), raising change requests,, customizing Business Object reports (TABLEAU) and supporting business queries after go-live until the system stabilizes for BAU,
  • Ability to map the current data sources/processes and propose changes to improve efficiency
  • Knowledge of banking products and processes
  • Experience in regulatory submissions, reporting, and data requirements such as STDF, FINREP, COREP
  • Highly responsive with excellent communication and presentation skills, and the ability to explain complex matters in simple and intuitive terms, to non-technical audiences
  • Strong MicroStrategy/ Tableau/SAS/Excel/PowerPoint/Word knowledge
  • Basic knowledge of accounting and Banking requirements