Data Assurance Manager
- Job Title
- Data Assurance Manager
- Job ID
- New York City, NY
- Other Location
Looking for The Data Assurance Manager
The Data Assurance Manager has business and data analytical skills as well as a knowledge of regulatory, management, and risk reporting requirements covering the key products offered across the US Operations. He/She will provide comfort over the end-to-end completeness and accuracy of the work performed for regulatory, management and risk reporting. To achieve this objective, He/She will conduct independent reviews on disclosures with a focus on the control environment, reporting processes, data dictionaries, and ensure compliance with regulatory guidance and centralized data governance. He/She is independent of all US Operations reporting activities and housed in the US Region Model Risk Management activities. He/She will define the functional requirements for design testing, test data, development independent validation plans, and implement the firms’ regulatory, risk, and management reporting validation framework. He/She performs a control function and should have a broad experience of working in regulatory and management reporting, preferably in a policy or consultancy function.
² Identify relevant regulatory guidance for a particular disclosure and form their own interpretation of compliance, including challenging internal policy where necessary
² Review business requirements for compliance against relevant regulation and substantive testing of those requirements to ensure implementation is correct
² Review of existing framework, including manual adjustments and processes and procedures
² Focus on control environment and monitoring / driving process efficiency, including challenge of operating model
² Test data quality and population control, leveraging firm-wide processes and developing reconciliations
² Manual calculation of the impact of findings on the own funds requirement or disclosures
² Writing detailed reports for senior management of findings, including background into the requirements and recommendations on resolution
² Developing network and acting as key contact within the QA team with other areas, such as Accounting, Risk Management, Compliance, Credit Risk, BSA/AML, etc.
Required Skills and Personal Attributes:
² Knowledge of the banking, capital markets operations and data analysis;
² Mathematical skills with an understanding of data quality metrics, data infrastructure, metadata repositories (including data dictionaries), and attention to details
² Independent worker, accountable and skilled in exercising sound judgment and decisiveness under pressure
² Knowledgeable of risk data aggregation (RDA) and risk reporting management and associated regulatory requirements (BCBS 239) are required.
² Strong interpersonal, team-working and organizational communication skills
² Computer proficiency in Microsoft Office (including Access) and risk management tools
² Good command of spoken and written English and Mandarin (preferred)
² BS in Quantitative discipline required or advanced technical degree in finance, financial engineering, accounting, audit, mathematics, or related fields.
² Industry certifications (e.g., CPA, CFA, CIA, FRM)
² 7+ years of experience working in data related quality assurance
² Experience at a foreign bank organization preferred