Senior Risk & Compliance - FRTB

Overview

Senior Risk & Compliance role within Capco's Financial Crime, Risk, Regulation and Finance (FRRF) capability, focused on regulatory capital and Credit RWA models and tools, with emphasis on Basel III Endgame implementation, RWA calculations, and related model risk management.

What you'll do

• Conduct independent review and validation of regulatory capital, Credit RWA, and Basel III Endgame models and tools, including methodologies supporting SA-CCR, securitization, IMM, CVA, and standardized or IRB calculations.
• Assess model implementation and technology controls, including Python, SQL, R, Alteryx, Excel VBA, data lineage, reconciliation, data-quality validation, and UAT review activities.
• Review regulatory capital rule interpretation and model alignment with Basel III / Basel III Endgame, CRR / PRA requirements, SA-CCR, FRTB, CCAR, ICAAP, IFRS 9 / CECL, and related regulatory expectations.
• Advise on risk frameworks and controls, and deliver transformation across the Risk functions of clients, in support of their Chief Risk Officers (CRO).
• Implement regulatory changes (e.g. Basel, IFRS9, BCBS-239, FRTB), deliver data to support IRB and VaR modelling, and automate risk controls, control gap assessment and control implementation.
• Communicate risk policies and processes for an organisation, develop risk models involving market, credit, liquidity, capital and/or operational risk, ensure controls are operating effectively, and provide research and analytical support.
• Support client regulatory compliance, including remediation and response to regulatory reviews.
• Design solutions, deliver on client assignments and own delivery of projects.
• Ensure management information is provided to, and easily understood by, programme leads, senior management and client committees.
• Define and manage monitoring processes for financial risks.
• Build assurance and control capabilities in line with regulatory expectations and risk appetite.
• Facilitate risk conversations between different departments (e.g. client-facing businesses, credit risk, operational risk, legal, IT, finance, and operations teams).
• Define and implement risk management process improvements and track benefit realisation.
• Support Capco in client account planning, business development and relationship building / networking within the FRRF capability and Capco Domains, including contributions to Capco's Risk Management thought leadership and client campaigns.

What you'll need

• Good knowledge of regulatory requirements around Basel, FRTB, IFRS9, BCBS-239 etc. with specific focus on credit, market, liquidity and capital risks.
• Experience analysing, defining solutions and implementing regulatory change, including remediation of gaps.
• Ability to evaluate the client's current risk management processes (e.g. analyse potential impacts of key current and emerging risks, trends, reports, statistics, and relevant documentation).
• Experience analysing controls and conducting structured control testing, including design of control frameworks for financial risk management.
• Strong change management experience and prior success, either as a management consultant or within a change role in a financial services institution.
• Strong quantitative, regulatory capital, and programming skills, with the ability to challenge methodologies and communicate findings clearly to technical and senior stakeholders.
• Strong interpersonal and written communication skills.
• Strong problem-solving skills and an analytical mind-set.
• Demonstrable expertise in building and leveraging relationships.
• Ability to face off to key stakeholders with strong credibility and to present to a wide range of stakeholders from AVP to senior MDs.
• Self-starter and strong team player.

Nice to have

• For senior level candidates: mentor and coach other members of the team.
• Solution development, showing a clear ability as a Subject Matter Expert (SME) to enhance existing propositions and develop new ones.
• People management, building a team of consultants with the right mix of grades, skills and experience to support client opportunities and projected growth.
• Develop, drive and convert a pipeline of opportunities and lead on RFP responses.
• Fulfil a key role in account and proposition development within Market Domains and Key Client Accounts, assisting senior management to increase revenue.
• Formulate propositions and solutions that meet client requirements, in addition to managing and directing pursuit activity.
• Strong bid management abilities, with a proven ability to mentor and train Consultants.
• Drive thought leadership and client campaigns.
• Build and maintain strong client relationships within the sector, leveraging proven industry content and delivery capability.

Details

• Location: Mumbai, India.
• Role works on long-term strategic partnerships with clients, projects with some of the largest financial services firms in the world.