Libor Model Project Manager

Job title : Libor Model Project ManagerJob location : New York, New YorkDuration : 12 monthsJob Description:Libor Transition Models PMThis role is to be part of the Global BCS (Business Controls and Supervision) central LIBOR Transition Program Team, reporting to the FTTR (Finance, Tax, Treasury, Risk) LIBOR Transition Program Manager.Responsibilities:Central LIBOR Transition Models PM will be responsible for models work stream oversight and monitoring across impacted areasStrong experience and understanding of model lifecycle and governance and project managementOversee firm-wide inventory and transition roadmap of LIBOR impacted models, including planning, development, validation and implementationSupport with LIBOR related regulatory responses for PRA, FRB, OCC, ECB, and any others as necessary.Manage runbooks and coordination with stakeholders for Impact Assessments across finance governance teams, model developers, model risk management, various risk groups and technologySupport coordination and notifications of model changes under IMA and IMMMonitor and manage program risks, issues, assumptions and dependencies whilst escalating to senior management as requiredOversee program plans and tracking of progress and changesCoordinate collation and production of materials for relevant program governance forumsFacilitate workshops and planning sessions as requiredUndertake ad hoc central program management requests as they ariseUtilize data analysis tools to oversee FTTR budget and resourcing tracking and requestsUndertake ad-hoc FTTR and central program management requests as they ariseQualifications:Understanding of LIBOR and its implications within the industry is a mustMinimum of 5 years' relevant experience in working within a PMO, preferably within models or regulatory related roles.Regulatory interaction through roles in Market risk and/or Counterparty Credit Risk management or regulatory and reportingRelevant working experience in modeling space and appreciation of basic principles associated with pricing and risk modelsUp-to-date working knowledge of regulatory landscape and requirements and changeShould have experience in analytics with exceptional problem solving skillsGood understanding of program management methodologies, frameworks, processes, tools and industry best practicesExcellent planning and task management skillsCapable of seeing the bigger picture as well as strong focus on day-to-day executionProven experience in facilitating workshops and program planning sessionsExperience of working with business stakeholders across multiple businesses, regions and support functionsEducation:Bachelors or University degree or equivalent experience, however advanced degree in economics or finance or related discipline would be desirableRecognized program or project management qualification such as PRINCE2, MSP etc.Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience