Posted Jul 23, 2018
Effective Corporate Solutions (ECS) is hiring talented young people for the development of state of art, end to end stress testing tool for international banking sector
About Us
ECS was founded in early 2017. The company is registered in Pakistan with its office in Lahore and a sister concern in UK.
ECS has two lines of business:
a. AATS – development of Advanced Analytics Technology Solutions for financial institutions (banks, insurance companies and asset managers), especially in the area of risk management
b. FITS (Financial Institutions Technology Support) – provision of consulting, technology and HR services for financial institutions.
In the first phase, AATS is focused on the development of a comprehensive stress testing solution for banks. Development started in late 2016 and is ongoing. The goal is to complete product development by the end of 2019. Subsequent phases will focus on other aspects of risk management and advanced analytics.
Stress testing is a very comprehensive risk management tool and it is a regulatory requirement in many countries. It brings together many aspects of risk management and financial planning. In essence stress testing requires the forecasting of a financial institution’s financial statements and regulatory metrics in severe macroeconomic or other stress scenarios.
ECS offers
* Challenging, friendly & professional environment with plenty of learning of opportunities in risk management and banking.
* Work with industry piloting technologies &
* Opportunity to grow with the company.
About the Role
Title: Consultant Regulatory reporting for Banks
Job Objective: Automation of regulatory reports.
Main Responsibilities
· Develop deep understanding of regulatory reporting requirements for banks across geographies (Pakistan, UK, Europe, US) via Pillar 3 reports and submissions to the regulator (where available). This will include exhaustive analysis of templates such as CAD, COREP, CCAR, etc
· Summarize the regulatory reporting requirements across jurisdictions in a coherent manner
· Develop new reporting templates as per requirements for automation.
About You
To be successful in this role, you will ideally bring the following:
Education: Minimum B.Com, preferred M. Com (with banking)
Experience:
- Minimum 3 years of work experience in a bank’s financial reporting department – preferably for a multinational bank.
- Development of periodic reports for management and regulatory bodies (eg CAD)
Must Have Skills
· Sound knowledge of accounting
· Understanding of general ledger/financial statements
· Good R&D skills
· Good understanding of annual reports of banks
· Strong familiarity with CAD reports
· Good communication skills
· Understanding of risk management and financial capital planning and stress testing (desirable).
Skills
Job Details
Effective Corporate Solutions
pEffective Corporate Solutions/p
What is your Competitive Advantage?
Babar Ahmed Khan
Territory Sales Manager
Engro Foods
Zubair Anjum
Business Excellence Specialist
Nestle Pakistan
Sehrish Azhar
Motivational Speaker & Blogger
Living Upbeat
Ali Aziz
CEO
Shopistan
Ayesha Shaukat
Social Media Marketing Manager
Ivoke
Aqib Irshad
Head of HR, Training & OD
FINCA
Zohaib Ali
Marketing Manager
Digital Online Devices
Muzammil Baig
Digital Marketing Manager
IT Services Group
Mona Sharif
Senior Team Lead
Konext PVT. LTD
Usman Habib
Recruitment & Training Executive
ACS Synergy (Pvt) Ltd.
