This job is responsible for influencing and driving optimal bank-wide liquidity strategies by Lines of Business (LOBs) and legal entity in business as usual (BAU) and stress scenarios. Key responsibilities include overseeing and influencing liquidity utilization across the organization and providing input into process and control designs, operational risk mitigation, issue management, automation, and other initiatives across the bank.
Responsibilities:
- Measures, analyzes, monitors, and reports on the bank's spot and forecasted liquidity position, provides guidance to business units to improve liquidity position, and supports regulatory and management liquidity reporting
- Oversees processes, risks, and controls and tracks and monitors issues to ensure adherence with policies, risk standards, and compliance with internal and regulatory liquidity reporting requirements
- Partners with other Lines of Business (LOBs) to determine limits, guidelines, and direction, ensuring alignment with overall business objectives and the bank's risk framework
- Monitors liquidity risk trends relating to business activities and correlations between business drivers and liquidity usage and builds out enhanced liquidity reporting
- Reviews liquidity regulations and ensures documentation required for compliance is up to date with regulatory requirements
- Streamlines reporting processes and builds out analytic capabilities using emerging technology (e.g., Alteryx, Tableau, etc.)
- Provides input into monthly and quarterly reporting, disclosures, and presentations for Risk Committees, Board of Directors, and enterprise and local regulators
Skills and Qualifications:
- 5+ years of industry experience working with financial products ( including 2+ years of industry experience working in Liquidity)
- Active experience liaising with business managers within a large Bank
- Energetic and self-motivated. Candidate should have a strong intellectual curiosity
- Strong quantitative background including Excel modelling
- Excellent communication skills – both written and verbal
- Ability to drive project goals across functions with minimal oversight
- Analytical Thinking
- Financial Forecasting and Modeling
- Liquidity Management
- Regulatory Compliance
- Reporting
- Attention to Detail
- Benchmarking
- Data and Trend Analysis
- Financial Analysis
- Scenario Planning and Analysis
- Business Acumen
- Financial Management
- Monitoring, Surveillance, and Testing
- Policies, Procedures, and Guidelines
- Risk Management
Desired Skills and Qualifications:
- Bachelor’s degree in Business preferred
- Prime Brokerage, derivatives or secured funding (either regulatory, reporting or business) knowledge
- Liquidity modelling experience
- Knowledge of regulatory liquidity metrics (ILST, LCR, NSFR)
1st shift (United States of America)