Dexian · 4 hours ago
Volcker - BA Risk Specialist
New York, NY
Contract
Hybrid
Mid LevelDexian is a leading provider of staffing, IT, and workforce solutions. They are seeking a BA Risk Specialist to oversee Volcker governance controls, ensure compliance with the Volcker Rule, and partner with stakeholders to monitor business activities.
ConsultingHuman ResourcesInformation TechnologyProfessional ServicesStaffing Agency
Hiring Manager
Anupam Sonkar
Responsibilities
The candidate will be responsible for Volcker governance controls including Ensuring the accuracy and completeness of Desk Mandate documents; Acting as a SME in respect to the Volcker Rule and ensuring compliance with the relevant standards and procedures; Review of newly approved products to ensure they are appropriately scoped
Partner with key stakeholders to monitor changes in business activity. Assess any Volcker implications and support the business in ensuring Volcker compliance requirements are met on an ongoing basis. Key subject areas include but are not limited to Trading Desk Mandates and Risk Mitigating Hedging effectiveness monitoring
Partner with Technology teams to develop sustainable solutions supporting the Volcker Program including enhanced controls and streamlining/automation initiatives
Identify, prioritize and proactively manage dependencies, risks, exceptions, and issues
Coverage of specific desks leveraging the Risk Mitigating Hedging (RMH) exemption including Documentation and analysis of the desks hedging strategies alongside Market Risk Management (MRM); Assessment of the effectiveness of the hedging program utilizing risk reporting tools; Quarterly review and assessment with business Senior Management and MRM
Variety of project work including: Assisting in the response to regulatory examinations and queries from Regulators; Assisting all business lines across Client including Markets and other stakeholders in managing updates to their Volcker hierarchy including desk splits, mergers and closures; Testing and validation of system improvements; Design and implementation of controls; Partnering with audit and independent control teams to ensure compliance to the Volcker Rule
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Client group, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
Qualification
Required
Knowledge of global markets trading products and services, e.g. Fixed Income, Equity, Currencies & Commodities
Understanding of Front Office trading processes and trade lifecycle within a large bank/dealer
Preferred
Knowledge of market risk and/or regulatory rules pertaining to risk is advantageous
Experience with regulatory rules and ideally in delivering regulatory initiatives
Exposure to analyzing legislative and regulatory texts and associated legal analysis
Proficiency in risk management data analysis and tools is a plus
Company
Dexian
Dexian provides services for staffing, talent development, and consulting, with a focus on technology, finance, and project management.
Founded in 1994
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Mahfuz Ahmed
Chairman of the Board
Vikram Motiani
Managing Director
Recent News
2025-11-19
Company data provided by crunchbase