Risk and Compliance Specialist
1 week ago
Company Overview
FIS is a global leader in financial technology solutions, with a 50-year history rooted in the financial services industry. As the world's largest global provider dedicated to financial technology solutions, we empower clients from banking to capital markets, retail to corporate.
We champion innovation and customer satisfaction, powering billions of transactions annually that move over $9 trillion around the globe. Our commitment to protecting personal information and security ensures trust with our clients.
Salary and Benefits
The estimated salary for this role is $80,000 - $110,000 per year, depending on experience. A competitive benefits package, including health insurance, retirement plans, and paid time off, complements this compensation.
Job Description
This Risk and Compliance Specialist position requires expertise in regulatory risk management, particularly in credit risk and counterparty credit risk. The successful candidate will work on developing Regulatory Reports for Credit Risk and Counterparty Credit Risk, primarily across ALM, liquidity, credit risk, counterparty credit risk for EBA, PRA, FINMA jurisdictions.
Your key responsibilities will include:
- Referring regulatory guidelines to understand requirements and prepare specifications
- Liaising with senior BA and product management to finalize specification and design for regulatory reports
- Liaising with dev team to implement reports
- Functional testing of reports after development and signing off features
- Active participation in scrum process and JIRA board updates
- Documentation of release notes and user guides
- Client issues support and resolution
- Presentation of functionality to relevant stakeholders and sales teams
- Ownership for process improvements and product delivery
Required Skills and Qualifications
To excel in this role, you'll need:
- Hands-on experience in preparing and populating regulatory reporting for Credit Risk and Counterparty Risk
- Understanding of different approaches for calculation of above regulatory risks
- Ability to understand requirements from regulatory documents and translate to solution design
- Knowledge of financial instruments, financial markets
- Knowledge of Basel 2/3/4 jurisdictions, EBA CRR2, PRA, or other regulations
- Highly professional, client-focused approach and passion for learning
- Good understanding of Agile development practices
- Excellent skills in MS Word, Excel, PowerPoint
Benefits
A multifaceted job with high responsibility and broad opportunities awaits you at FIS. We offer a range of professional education and personal development possibilities, making FIS your final career step. With our direct sourcing model, you'll have a chance to grow within the company. Join us and become part of a global team committed to innovation and excellence.
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