This Director-level position within Risk & Capital team will lead global initiatives on the regulatory treatment of securities financing markets, liaise with functions including Public Policy, Clearing, Products & Infrastructure, Legal, Collateral and Reporting. The expectation is for this role is to provide strategic and technical expertise to shape advocacy on supporting efficient and resilient secured financing markets.
Specific Responsibilities of the role:
• Lead work on the regulatory capital treatment of SFTs under Basel including the Leverage Ratio, SA-CCR, CVA, and GSIB framework impacts.
• Monitor and interpret global regulatory and supervisory developments relating to SFTs from bodies such as the Basel Committee, Financial Stability Board, IOSCO and national authorities.
• Coordinate and contribute to quantitative impact studies, calibration exercises, and analytical assessments of capital impacts on SFT markets.
• Collaborate with public policy, legal, collateral, product and data teams to ensure consistent interpretation and practical implementation of regulatory requirements.
• Engage with regulators, supervisory authorities, audit firms, peer associations, and member institutions to influence policy development and promote alignment across the industry.
• Lead and facilitate working groups focused on SFTs, integrating cross-disciplinary input from risk, operations, and legal experts.
• Author and present high-quality technical materials, including white papers, guidance documents and educational content to support members and advance thought leadership.
• Support senior leadership in setting strategic direction, prioritizing policy initiatives, and planning.
Required Skills and Knowledge:
• Exceptional analytical, research, and problem-solving skills, with the ability to synthesize complex regulatory information into actionable insights.
• Strong written and verbal communication skills, including experience producing technical papers, policy briefs, and consultation responses.
• Proven ability to lead cross-functional projects, manage working groups, and collaborate effectively with diverse internal and external stakeholders.
• Track record of influencing regulatory and policy outcomes through advocacy, consensus-building, and thought leadership.
• Proven ability to lead cross-functional projects, manage working groups, and collaborate effectively with diverse internal and external stakeholders.
• Confident, credible communicator capable of engaging with senior regulators, executives, and subject-matter experts.
Desired Experience and Education:
• Minimum 10 years of experience in securities financing transactions (SFTs), with demonstrated expertise in regulatory capital, market structure, and collateral operations.
• Proven experience engaging with global or regional regulatory authorities, central banks, and industry bodies on capital and prudential issues.
• Demonstrated ability to interpret complex accounting and regulatory standards and translate them into clear policy or implementation guidance.
• Ability to lead or contribute to quantitative impact studies, scenario analysis, and stress testing involving SFT exposures.
• Bachelor’s degree in accounting, finance, economics, or a related field required; advanced degree (e.g., Master’s or MBA) preferred.
• Recognized accounting, finance or risk qualification (e.g., CPA, ACCA, CA, CFA, FRM) strongly preferred.
