Job description

Requirements

  • Entry level
  • No Education
  • Salary $125,000.00 - $150,000.00 gross per year
  • New York City

Description

- Oversee liquidity risk management, including independent reviews of liquidity stress testing methodology and assumptions, contingency funding plan, and liquidity risk management framework and policy.
- Design and implement liquidity risk appetite and optimization of available liquidity for Bank and promote a culture of risk consciousness through clear accountabilities and supportive response to escalation of concerns.

- Design and implement risk policies, procedures and internal controls to ensure that risks are identified and controls are in place and operating effectively.

- Develop controls and systems to project intraday, near-term, and long-term liquidity needs and funding solutions.

- Provide insights and recommendations to the Chief Risk Officer, Chairman & CEO and the Board regarding risk exposures and limits for the Bank's investment program.

- Develop stress testing methodology, model creation and governance.

- Monitor and analyze risks relating to investment portfolio, trading, funding approach, and operational activities developed by the Investment department.

- Design risk metrics and respective thresholds for the Bank's liquidity and interest rate risk exposures.

- Monitor developments in regulatory guidelines, assess requirements and implement compliant solutions; engage with regulators to communicate and justify approaches developed for utilization in liquidity risk framework, governance and operations.

- Support the monitoring of liquidity and funding risks, including the risk mitigation provided by liquidity portfolios, to identify trends in assumptions and negative trends in relation to trigger events.

- Analyze new business initiatives to assess the liquidity risk implications and funding requirements


- Bachelor's degree in Business, Finance, Economics, or Accounting required; Master's degree a plus.
- 10-12 years of experience in market or liquidity risk at a bank or in financial services industry.

- Well versed in various aspects of risk management, including risk appetite, governance, and regulatory landscape.

- Deep understanding of financial markets especially funding markets and management of liquidity.

- Knowledge of interest rate, FX, and equity risk, including models and key assumptions for both retail (mortgage) and wholesale banking and investment products
- Excellent analytical and problem solving skills, with ability to identify and analyze multiple data points.

- Superior project management skills required.

- Strong communication (verbal & written) and presentation skills.

- Excellent interpersonal skills, with ability to be a "team player" and build relationships.

- Proficient in Microsoft Office Suite of products: Excel, PowerPoint, and Word.

- Must have exceptional spreadsheet, database, and model development expertise.

- Demonstrated ability to analyze, interpret, and synthesize financial and non-financial data into coherent reports and narrative

  • accounting
  • excel
  • ms project
  • retail
  • word