Delivery Manager

ProViso Staffing; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A prominent staffing company is seeking an experienced Capital Management professional to join a leading bank's team. The successful candidate will have expertise in credit risk modeling and capital management, play a key role in regulatory reporting, and lead project initiatives. This position promises opportunities for long-term growth and professional development within a critical area of banking.

Qualifications

• 8+ years of experience in credit risk modeling or capital management.
• 2-3 years’ project management experience, including UAT.
• Experience with OSFI CAR Guidelines is a strong asset.

Responsibilities

• Calculate Risk Weighted Assets (RWA) and ensure accurate reporting.
• Guide project initiatives and prepare business documentation.
• Manage project relationships and ensure deliverables are met.

Skills

Credit risk modeling

Capital management

Project management

Advanced Excel

UAT testing

Problem-solving

Analytical skills

Team building

Education

Bachelor’s degree in business or technology

CPA / CFA / FRM

Tools

PowerBI

Job description

• Business group : Capital Management – team works on Regulatory Capital requirements for the Bank, by calculating the Risk Weighted Assets (RWA) required for each exposure, such as Retail and Non-Retail loans, commitments, bond, securitization, etc. The team then compares aggregate RWA at total bank level with banks Regulatory Capital. The team is responsible for publishing multiple reports every quarter on capital, coordinating with multiple units within the bank to ensure accurate reporting.
• Project : The bank is implementing a few new Regulatory AIRB (Advanced Internal Rating Based Approach) models, and the resource would be responsible for implementation and testing of the results of models in Capital Engine for Capital Reporting. Getting new data, calculating RWA, verifying reconciliations, ensuring everything is balanced, the rules are correctly applied and UATs are done properly. New development : external and internal auditors need to report to OFSI hence UATs require a new level of review.

Candidate Value Proposition :

• The successful candidate will have the opportunity to gain deep expertise in regulatory capital requirements, Total Bank level reconciliation and reporting requirements, understanding capital and its role in risk vs rewards, which is critical in banking – chance to stay long term if the resource is good.

Typical Day in Role :

• Provide guidance on project initiatives including business case preparation and developing creative / alternative approaches to problem resolution.
• Develop formal documentation for Business Plan and Requirements document.
• Maintaining a log of all achieved and planned key activities at sufficient detail levels.
• Identify and confirm project leads from all required stakeholders and to ensure responsibilities and deliverables are understood by each.
• Work with Project teams, and stakeholders in Capital Management to prepare appropriate information for dissemination to the Steering Committee.
• Manage project participants and relationships ensuring project teams are cohesive and operating to common objectives and priorities.
• Ensure the documentation and archiving of project activities, deliverables, tools, and findings and for use in future projects.
• Develop the business requirements documents for implementation of new IRB Models results for selected Retail and Non-Retail portfolios. This involves getting agreement on scope of work, documentation of Business Requirements, redesigning automated Reconciliation approaches, obtaining stakeholder sign off, working with team to achieve the results, and then ensuring proper procedure documentation are updated as necessary.
• Responsible for the management and coordination of all activities impacting Capital Management group due to implementation of new IRB models for Small Business and Non-Retail portfolios.

Candidate Requirements / Must Have Skills :

• 8+ years of combined experience in credit risk modeling and / or capital management.
• 1+ year of reconciliation experience.
• 2+ years’ project management experience.
• 7-8 years’ advanced Excel experience.
• 2+ years’ experience with UAT testing.

Nice-To-Have Skills :

• OSFI CAR Guidelines – working knowledge / experience a strong asset.
• Accounting experience.
• Banking experience.
• Business loans, retail loans experience.
• Delivery Manager / Lead experience.
• Experience in IT environment.
• 2+ years’ advanced PowerBI experience.

Soft Skills Required :

• Expert team building skills to create and sustain highly motivated groups within diverse and multi-functional reporting units.
• Strong problem-solving and analytical skills to rapidly assess problem situations and creatively develop alternate solutions and approaches necessary to resolve high-level, complex problems.
• Superior oral and written communication skills and proven ability to : make presentations to varied groups; deal with all levels of line management up to the Vice-President; and dealing with vendors / consultants without exceeding authority.
• Advanced management and leadership skills sufficient to lead and motivate the team and excellent skills in relationship and general business management.

Education :

• Bachelor’s degree in business or technology.
• CPA / CFA / FRM an asset.

Best VS. Average Candidate :

• Ideal candidate is practical and can understand materiality of the total bank and can prioritize what is most important, has strong risk and capital management experience, has experience with OSFI CAR Guidelines (strong asset with Pillar 1 and 3, Chapter 5 AIRB); good understanding of risk and rewards; exceptional soft skills; if has had exposure to loans, accounting would be a plus.

Supplier Call notes :

• Feedback from interviews :

o Looking for someone with more with more Capital experience and a person who is ready to roll up the sleeves.

• 2-3 rounds :

o 1st round – with HM and 1 more Director / senior manager – 1 hour – probing on Capital.

o 2nd round – Director and senior manager – 1 hour.

o Potential 3rd to meet VP – 15 minutes.