Sr. Project Manager

Role Description

Company is in the process of enhancing its stress testing capabilities to meet the CCAR capital planning and stress testing commitments to the Federal Reserve. Company is seeking a talented and motivated leader to lead the strategic initiative, reduce time to market, and help successfully deliver on the regulatory commitments. The plan is to build the platform leveraging Technology stack (including Databricks, Power BI, etc) on the Azure Cloud Platform. Besides CCAR, will also leverage this platform to meet Internal Stress Testing, CECL Reporting, and other requirements.

Role Objectives

•    Works directly with the business users on requirement elicitation, analysis, user acceptance testing and post-production SME help. 
•    Works closely with the business users as well as cross functionally to understand root cause analysis and solutions for data quality issues. 
•    Assists developers and QA team members during the development phase.  
•    Ability to master complex tasks with minimal supervision and communicate ideas effectively. 
•    Strong analytical and problem-solving skills, with ability to conduct root cause analysis and provide viable/creative solutions. 
•    Ability to analyze business process and make recommendations for improvements and translate business needs into IT requirements. 
•    Provide senior management updates on emerging risks and action plans. 
•    Ability to master complex tasks with minimal supervision and communicate ideas effectively. 
•    Creates and maintains documentation for various ongoing projects and business processes. 
•    Strong ability to conduct gap analysis and provide current state vs future state analysis. 

Qualifications and Skills

•    15+ years of professional experience at large banks with a focus on Regulatory initiatives (CCAR, DFAST, Basel III).
•    Prior experience with CCRA and Stress Testing implementations at leading banks. 
•    Coordinate cross-functional teams to ensure timely and accurate submission of FR Y-14 reports.
•    Develop and maintain documentation for stress testing methodologies and assumptions.
•    Ensure compliance with Federal Reserve regulations and internal risk management policies.
•    Present stress testing results and capital impact assessments to senior management and regulators.
•    Collaborate with cross-functional teams to understand business requirements.
•    Knowledge of Market Risk, VaR, Credit Risk, Reporting, etc. is desirable. 
•    Experience working with market data sources, financial instruments, and trading systems. 
•    Self-starter with strong ability to multi-task and solve business problems. 
•    Highly developed sense of accountability and follow-through with an ability to effectively prioritize multiple tasks, projects and goals to completion. 
•    Ability to understand complex and highly technical concepts, and ability to easily explain/translate/synthesize them for Tech team. 
•    Knowledge of project management frameworks including Waterfall and Agile is a must. 
•    Proficiency in SQL and tools such as JIRA and MS Project, Visio and Excel are a must 
•    Knowledge of Databricks will be desirable. 
•    Ability to prioritize work by setting and meeting realistic deadlines, forecasting, and communicating changes resulting from risks and issues, while ensuring a high level of fiscal control and accountability for project budget and resources. 
•    High on Emotional Quotient:  Strong relationship management, collaboration, and influencing skills. 
•    Ability to successfully engage in multiple initiatives simultaneously while interacting professionally with executives, managers, and subject matter experts. 
•    Knowledge of financial operations and planning, controls management, MIS, data management and reporting processes related to commercial investment banks. 
•    BA/BS degree required. 
•    Excellent verbal and written communication skills.