Job Information
Motion Recruitment Partners Data Specialist in New York, New York
Data Specialist
New York, NY
Hybrid
Contract
$83/hr - $89/hr
Grow your career as a Data Specialist with an innovative global bank in New York, NY. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week.
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will join the team and contribute to the successful design and implementation of the Basel Fundamental Review of the Trading Book (FRTB) market risk capital rule requirements. Will collaborate with cross-functional teams to evaluate trade and risk data, and support the design and development of controls to identify any misclassifications per the market risk capital rules. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6+ Months
Required Skills & Experience
Undergraduate degree in a quantitative discipline such as Computer Science, Mathematics, Statistics, Engineering or Financial Engineering.
5+ years of experience working with large data sets within capital markets.
Understanding of market risk management and hands-on experience working with large datasets.
Experience with market risk, regulatory rules and ideally in delivering regulatory initiatives.
Strong programming skills in Python, Pyspark, experience using Pandas.
Experience and/or training in data science.
Proficient in SQL, NoSQL databases, and working with API’s.
Desired Skills & Experience
Knowledge of Basel and FRTB.
Experience working with Tableau or Qliksense/Qlikview.
What You Will Be Doing
Design and Implementation: Support the design and implementation of the Basel III, End game, FRTB market risk capital rule requirements to classify activities as market risk capital covered or non-covered positions.
Utilize data science techniques combined with intuitive design, flexibility, and accuracy to develop business controls to monitor trading activity.
Collaborate with the business, finance, market risk teams to identify and evaluate trading activities against regulatory requirements.
Work with various datasets (Trade, Position, Market Risk, PnL, internal reference data).
Develop analytic dashboards to visualize and monitor control profiles.
Work with API's and modern/legacy databases.
Partner with Technology teams to develop sustainable solutions supporting the program including enhanced controls and streamlining/automation initiatives.
Issue Management: Identify, prioritize, and proactively manage dependencies, risks, exceptions and issues.
You will receive the following benefits:
Medical Insurance - Four medical plans to choose from for you and your family
Dental & Orthodontia Benefits
Vision Benefits
Health Savings Account (HSA)
Health and Dependent Care Flexible Spending Accounts
Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
Hospital Indemnity Insurance
401(k) including match with pre and post-tax options
Paid Sick Time Leave
Legal and Identity Protection Plans
Pre-tax Commuter Benefit
529 College Saver Plan
Motion Recruitment Partners is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under Motion Recruitment Employment Accommodation policy. Applicants need to make their needs known in advance.
Posted by: Melissa Klein
Specialization: Data Analyst