Avner Ziv

Job Description:

CECL / Allowance governance and controls group

  • Inside Enterprise Credit score Danger (CRISA group – Credit score Danger Info Technique and Allowance)
  • New group to match the brand new work / current design for CECL
  • Candidates that take part 2019 will assist to design the method and construction / recruit a group, which might be liable for:

1. Consolidate and coordinate w/ Line of Enterprise World Danger Analytics knowledge targeted groups 

  • Candidate will lead discussions with inner and exterior stakeholders, together with Audit, across the following:  – Knowledge enter controls, knowledge dashboards, proxy values (mannequin sensitivity/ governance thereof) pre mannequin knowledge preparation, G/L reconciliation – Design, Produce and handle a brand new Knowledge High quality “abstract report” – and facilitate / lead a new CECL Knowledge governance routine with senior stakeholders

2. Lead Mannequin Danger Administration associated processes for ~6 CRISA’s new qualitative fashions

  • Stress, Imprecision Allocation, 9 Issue Imprecision, Customized Jumbo, Discounted Money move (FAS114), client ‘small’ portfolios
  • Coordinate / lead ongoing monitoring stories (OMR) and any superior monitoring utilizing new instruments like Tableau and Synthetic Intelligence (AI)
  • Work together with World Danger Analytics groups as wanted on supporting 9 issue particulars/ documentation

3. Coordinate, keep, replace governance, documentation and controls throughout a number of areas in Allowance:

  • SOX documentation, coordination and controls
  • Allowance for Credit score Losses coverage proprietor
  • Further course of maps
  • Combine with Enterprise Knowledge Administration (EDM) lineage groups throughout CRISA
  • Publish mannequin run / mannequin execution controls
  • CRP Allowance system controls
  • Keep Loss Forecasting and Allowance Governance (i.e., Mortgage Loss Working Teams  – “LLWG”)
  • Keep CECL methodology paperwork and imprecision strategy
  • Allowance committee eventualities, financial weighting processes

4. Lead the Coordination throughout for CECL/Allowance particular regulatory exams, plus exterior and inner audits

5. Talk quarterly financial Eventualities / drive readability for Financial weighting processes / interplay with World Danger Analytics’ operations groups

Required Expertise and Expertise:

  • Glorious communication abilities, delivering data in a transparent and concise method
  • 5+ years of expertise with governance and/or controls throughout the Danger space
  • 5-7 years reporting or evaluation abilities/expertise inside a monetary establishment
  • Expertise with and software of a governance and management framework in reporting execution and data supply
  • Confirmed capability to coordinate work efforts and prioritize duties throughout out there assets

Enterprise Function Overview

Manages groups which are liable for performing knowledge administration, complicated evaluation and modeling that maximizes earnings and asset progress and minimizes credit score and working losses and different danger exposures. Their group would supply knowledge / IM, analytical help on numerous product methods to make sure firm targets are met. Coordinates the manufacturing of databases, efficiency stories for senior mgt. Manages the overview and evaluation of developments in present inhabitants distributions and recommends methods. Directs the event of extra complicated databases, program fashions to extract knowledge and use databases to supply statistical and monetary modeling. Oversees the information design, evaluation of portfolio developments, regarding credit score rating cutoffs, loss developments, portfolio dynamics, and bureau scoring standards. Integrates the evaluation group with different company models to insure alignment of research with enterprise methods and goals. Accountable for hiring and coaching Danger Evaluation Specialist and Danger Evaluation Analyst. Grasp’s diploma or massive knowledge expertise most well-liked; Programming expertise like SQL, SAS most well-liked; 7+ years expertise.

Posting Date: 07/15/2019

Location: Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, – United States

Journey: Sure, 5% of the time