Senior Market Risk Consultant - Lithuania

  • up to c€1,000 per day
  • Vilnius, Vilniaus Apskritis, Lituanie Vilnius Vilniaus Apskritis LT
  • Intérim, Plein-temps
  • McCabe & Barton
  • 13 juil. 18 2018-07-13

This short-term project is based in Lithuania and will be focussed on the review of a Banking institutions Market Risk. Candidates must speak fluent Lithuanian. Start date 26th June 2018 or ASAP.

- Reviewing the organisational structure. In particular:
o Obtain assurance whether the requirements for trading business regarding segregation of functions are appropriate and well reflected in organizational structures and internal regulation.
o Obtain assurance whether in case of IT-based processing, the segregation of functions is ensured by appropriate procedures and safeguards.
o Obtain assurance whether the institution is able to verify at any time the origination of positions and cash flows (“audit trail”).
o Obtain assurance whether appropriate regulations, processes and procedures are in place for the implementation of new products, markets and counterparties and that all relevant internal parties are adequately
- Reviewing the operational structure, with respect to Trading, Settlement, and Controls. In particular:
o Obtain assurance whether conclusions of trading business are promptly, completely and traceably documented by the responsible trader and therefore appropriately recorded in the institution.
o Obtain assurance whether conclusions of trading business are promptly forwarded in the institution.
o Obtain assurance whether there are well-defined criteria in case of waving the processes and procedures for the confirmation of trading business.
o Obtain assurance whether appropriate processes and procedures are in place for the settlement and control of trading business.
o The contractors are expected to use variety of inspection techniques including, but not limited to, observation, information verification and analysis, targeted interviews, walk-through testing, sampling and validation of data.