Job: Economic Capital Manager

Job Title: Economic Capital Manager
Job ID: 927495
Location: , WI
Full/Part Time: Full-Time
Regular/Temporary: Regular

Responsibilities:

PRIMARY FUNCTION:
The Economic Capital Manager is a key member of the Corporate Finance Division responsible for the development, enhancement, analysis, reporting and management of all aspects of economic capital adequacy and allocation that affect Marshall & Ilsley Corporation.&

Basic Qualifications:

Bachelors Degree (finance, statistics or math)
8 + years professional related work experience

Other Information

SPECIFIC DUTIES/ACCOUNTABILITIES:
-Develops the Corporation's internal capital adequacy assessment for Basel II, including the capital adequacy and allocation requirements.
-Participates in the quantitative analytical processes for credit risk.
-Ensures regular production of analytical work and reports.
-Ensures that capital modeling and allocation approaches meet both internal corporate needs and regulatory requirements related to Basel I and II.
-Works with project management team to track development efforts and resolve issues.
-Create a capital model and revision of& existing model to form a comprehensive plan that details how to ensure capital adequacy
-Support the creation, development and validation of& a capital plan that documents triggers, limits, contingency plans and sources/uses of capital
-Develop a view of prospective regulatory capital under Basel II guidelines
-Responsible for the formulation of Internal Adequacy Assessment Process (ICAAP)
-Other duties assigned as needed.

BASIC QUALIFICATIONS:
Advanced Degree (finance, statistics or math)
8 + years professional related work experience
QRM software experience a plus

ADDITIONAL QUALIFICATIONS:
-Basel II expertise - specifically with respect to Pillar 2 / ICAAP
-Understanding of technology solutions for credit risk measurement and the Basel II framework for credit risk.
-Strong conceptual and technical knowledge of credit risk concepts and quantitative modeling techniques.
-Prior leadership role in a credit risk measurement/analysis capacity
-Prior experience with Regulatory and Economic Capital processes & allocation methodology
-Understanding of Stress Testing and Scenario Analysis
-Exceptional quantitative modeling and analytical skills
-Excellent written and oral communication skills, ability to explain complex matters to multiple constituencies
-Comfortable in dealing with ambiguous topics
-Strong financial modeling skills and knowledge
-Experienced in driving process change