EMPLOYER: NYBR Cooperatieve Rabobank U.A., New York Branch
JOB TITLE: VP - Business Development and Controls
LOCATION: 151 West 42nd Street, 8th Floor, New York, NY 10036
OPENINGS: 1
DUTIES: Perform model validation of the tools, systems, dashboards, and reports that maintain relevant regulatory data and/or is used to handle the swap dealer and broker-dealer supervisory activities. Analyze costs (direct and indirect), swap dealer employee activities (e.g., trades, communications, internal requirements), and provide recommendations on course of action based on trends, applicable regulatory requirements, and other relevant considerations. Support the team with day-to-day activities and operations of Markets (swap dealer and broker-dealer businesses) by developing and/or using advance analytical tools, systems, and automation flows to streamline processes, produce relevant reports and data, and handle business requests and challenges. Assist the team with reviewing or formalizing policies and procedures, particularly with detailing analytical or intelligence tools, systems, dashboards, and automation flows. Perform or assist the team with reviews to determine the bank’s compliance with regulatory requirements, as well as to minimize regulatory risks. Regularly support or engage with a wide scope of stakeholders, including senior leadership, such as, but not limited to, Markets management team members, Business Managers, Wholesale and Rural, and representatives of Finance and Control, Compliance, Legal, Risk and HR. Handle the technical support and enhancement of advance analytical tools, systems, dashboards, and automation flows. Telecommuting permitted up to 40%.REQUIREMENTS: Position requires a Bachelor's degree (or foreign equivalent) in Finance, Economics, Business Management or related field and five (5) years of progressive, post-baccalaureate experience in job offered or in a VP - Business Development and Controls-related occupation. Position requires demonstrable experience in the following: Demonstrable experience drafting concise memorandums, or similar writing content, focused on business strategies, regulatory change management, and/or project implementation; Demonstrable experience presenting concise information including to senior executives, on swap dealer regulatory requirements; Demonstrable experience leading multiple and complex projects with the offering of new financial products and services for clients or hedging activities, from initial conception to operational readiness; Demonstrable experience building or assessing macros, data analytic and automation solutions (KNIME, PowerBI, Power Automate or similar), and advance programing languages related to data modeling, analytics, and internal/external reporting; Demonstrable experience using advance programming language related to data modeling; Demonstrable experience identifying operational risks through the business process, performing risk assessments, design the control framework governing the operational risks within the appetite; Demonstrable knowledge with U.S. swap dealer rules, regulations, and financial products.Rate of pay: $170,120 to $190,000 per year
CONTACT: How to apply: please send resume via e-mail to Ellen Hirsch at [email protected] referencing requisition #JR_00144680.
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Skills Required
- Bachelor's degree in Finance, Economics, Business Management or related
- Five years of progressive post-baccalaureate experience in the role or related occupation
- Experience drafting concise memorandums on business strategy, regulatory change management, or project implementation
- Experience presenting concise information to senior executives on swap dealer regulatory requirements
- Experience leading multiple complex projects for new financial products/services from conception to operational readiness
- Experience building or assessing macros, data analytic and automation solutions (KNIME, Power BI, Power Automate or similar)
- Experience with advanced programming languages related to data modeling, analytics, and reporting
- Experience identifying operational risks, performing risk assessments, and designing control frameworks within risk appetite
- Demonstrable knowledge of U.S. swap dealer rules, regulations, and financial products
What We Do
Coöperatieve Rabobank U.A. is a full-range financial services provider that operates on cooperative principles. Its origins lie in the local loan cooperatives that were founded in the Netherlands nearly 110 years ago by enterprising people who had virtually no access to the capital market. Rabobank Group is comprised of independent local Rabobanks plus Rabobank Nederland, their umbrella organisation, and a number of specialist subsidiaries. Overall, Rabobank Group has approximately 61,100 employees (in FTEs), who serve about 10 million customers in 47 countries.
