Job Title: Finance Analyst
Job Location: Charlotte, NC 28255 (Hybrid role)
Duration: Contract for 5 Months with possible extension
Role Overview:
We are seeking a highly skilled Finance Analyst/ RWA Calculation Analyst to support Consumer Risk-Weighted Asset (RWA) calculations and ensure compliance with Basel regulations. The ideal candidate will have robust technical expertise in SQL and VBA coding, coupled with a strong understanding of Basel RWA rules. This role is pivotal in managing month-end and quarter-end processes, implementing new calculation solutions, and transitioning to enhanced systems.
Key Responsibilities:
Consumer RWA Support:
- Execute month-end and quarter-end RWA calculations using Saber, the internal application for computations.
- Conduct ad hoc research on data variances by running SQL code and performing detailed data analysis.
- Basel Rule Compliance:
- Review and interpret Basel regulations to ensure calculations align with the rules.
- Document compliance, including detailed SQL code reviews, to substantiate alignment with Basel requirements.
Code Implementation and Transition:
- Develop and implement new SQL and VBA code to support Basel 3E (B3E) calculations.
- Manage the migration of existing calculations from Saber to Saber Connect, a new application.
Collaboration and Documentation:
- Collaborate with cross-functional teams to ensure the accuracy and reliability of RWA calculations.
- Maintain thorough documentation of processes, calculations, and code implementations.
Required Skills and Qualifications:
Technical Expertise:
- Minimum 5 years of SQL experience, with a proven track record of writing efficient and complex queries.
- 2-5 years of experience with Basel rules and capital regulation interpretation, particularly for RWA calculations.
- Proficiency in VBA coding for process automation and enhancement.
Educational Background:
- Bachelor’s degree in finance, Economics, Computer Science, or a related field (preferred).
Additional Competencies:
- Strong analytical and problem-solving skills with a meticulous attention to detail.
- Ability to manage multiple tasks and deliver high-quality results under tight deadlines.
- Excellent communication skills to articulate findings and collaborate effectively with diverse teams