Description
Location: Madrid or Malaga
Management of the operational MRA which consist in the assessment front to back of new distribution opportunities for Global Banking and Global Transactional Banking businesses, interacting with all areas impacted (mainly Operations, Accounting, Finance, Capital, Risk). Monitoring of the plan agreed with Internal Audit to enhance traceability and control environment for distributions, in response to audit recommendation
* Support PDM requests in preparation for upcoming Audits or supervisory bodies
* Engagement with Originate to Share program for distribution related requests (i.e. monitoring on the progress on the portfolio servicing automation level)
Main tasks
* Operational MRA
* Extend the MRA to the new control environment in accordance with the Audit recommendation (Extended Operational MRA)
* Horizontally: set up the governance for new scope in Spain and Global Banking
* Vertically: define and include all new controls and documentations as agreed with the auditors
* Change management and roll out of the new model with all stakeholders in the lending space
* Elaborate impact and coordinate with accurate stake holders the new business deals in the light of the Operational MRA,
* Analyse and document the implications of new deals from a process and system standpoint.
* Analyze traceability downstream
* Analyze accounting treatment and representation in the systems
* Analyze capital treatment and representation in the systems
* Analyze credit lines treatment and representation in the systems
* Identify pain-points, issues, propose corrections/mitigations
* Manage the review, documentation and sign off for all the transactions in pipeline (GTB and Global Banking)
* Produce the documentation for the MRA committee, and conduct the senior MRA operational forums (with COO, Front Office, Private debt Movilization, Pre&Post Trade heads).
* Audit plan for traceability and control environment of the Distribution eco system
* Manage the plan for accomplishing the milestones agreed with Auditors to enhance the control model for distribution (final and intermediate milestones)
* Deliver agreed documents (MRA scope, TO BE model, new governance,...)
* Private Debt Movilization support for new business solutions
* Analyse the implications of new business solutions proposed by any business distribution team
* English: C1