Purpose Within the Business Services Department, the primary role of the Risk Management and BBP Division is to deliver IT solutions and services in the fields of Risk Management and Business Intelligence. The Division comprises three units: Credit Risk & Regulatory, Data Warehouse & Reporting and Financial, Liquidity & Operational Risk. The Financial & Credit Risk Applications Officer will drive the development, implementation and maintenance of Risk Management solutions, covering 5 off-the-shelf applications and 6 bespoke solutions. These solutions ensure that the computations required for the Bank’s reporting are consistently and accurately performed in alignment with the standards outlined by the Basel Supervisory Committee. Additionally, s/he will promote Best Banking Practice to rationalise risk data architecture, move away from spreadsheet-based solutions, consolidate the risk area under main applications domain and support new risk application developments. Operating Network and Specific Post Environment The incumbent will report to the Head of the Credit Risk & Regulatory Unit and whenever required to the Head of the Risk Management and Best Banking Practice Division. The Unit is composed of 4 internal staff and 9 external consultants. Externally, s/he will deal on a daily basis with key external parties (software vendors, providers of outsourced services, peer groups) in the Risk Management area in order to optimise the level of service and to stay abreast of best practices. Internally, s/he will cooperate with counterparties from the Risk Management and the Finance Directorates in order to make sure that appropriate internal service provision and control are maintained and to ensure understanding of the IT methodology. Accountabilities The Financial & Credit Risk Applications Officer will be responsible for: • Ensuring that the risk management software solutions are in line with the IT policies and that qualitative and quantitative objectives are achieved • Taking project management responsibilities for assigned Risk Applications projects; ensuring the completion of projects within the set schedule, budget and quality objectives • Maintaining a portfolio of several Risk Applications, either directly or with the assistance of external consultants • Further developing tailor-made applications, notably related to financial risk, counterparty management and derivatives valuation • Analysing and proposing possible technical solutions or customisations in line with the business requirements following IT plans • Leading workshops/discussions to understand project goals, workflows, complex business needs, gaps, and opportunities • Reviewing and approving all technical documentation related to the approved solution before implementation • Acting, where required, as a central coordination to ensure the delivery of expected risk solutions • Providing specialised advice to clients (business users) on application systems and on operational and functional problems • Delivering certain projects part of the Best Banking Practice (BBP) programme management Deadline for applications: 2nd of January 2017