VP Liquidity Risk Oversight
Salary $150000 - $210000 per year
Location New York
Consultant Michael Kang
Date posted June 26, 2017
My client is looking for a senior level treasury analyst with a very strong background in Liquidity Risk.
My client is a major international investment bank
Liquidity Risk Control is a new unit within than Bank’s Risk division responsible for oversight over methodology development, limit setting and model validation, in addition to responsibility for internal liquidity risk reporting of the Bank Group.
LRC at Bank directly reports to the Chief Risk Officer. LRC works closely with the Bank’s Treasury – Liquidity Management function, which steers business activities and execute mitigating measures to manage liquidity risk in the Bank.
The LRC is represented on the Bank’s Risk Executive Committee.
The candidate will form part of the team working on liquidity management oversight for legal entities in the Americas, which represents over $ 500 billion in assets. Key responsibilities include:
- Establish a formalized and proactive liquidity risk identification process to ensure LRC is well versed in internal and external factors impacting liquidity risk, thereby enabling LRC to serve as an effective challenge function to Treasury.
- Facilitate executive level decision-making by performing trend analysis and reporting on emerging liquidity risks to appropriate governing bodies.
- Challenge liquidity risk models, including evaluating the reasonableness of inputs/assumptions and performing output analysis to test the functionality of the models.
- Propose modifications to liquidity risk limits, as triggered via calibration or on a discretionary basis.
- Evaluate the appropriateness of intra-day liquidity risk management practices deployed by treasury; ensure compliance with internally established requirements and regulatory expectations.
- On an annual basis, as well as when material changes to conditions warrant, LRC reviews and challenges the appropriateness and operational feasibility of DB’s contingency funding plan for the Americas.
- At least 5+ years of experience in financial statement analysis. Specialization within the financial services sector preferred, but not required.
- An understanding of bank assets and on and off balance sheet liabilities.
- Knowledge of the behaviour of capital markets products..
- Ability and experience to organise and lead across different time zones and cultures.
- Excellent communication and presentation skills.
- Strong analytical and problem-solving skills and demonstrated ability to work independently.
- Ability to interface with business units and senior stakeholders in Treasury and across the bank.
- The position requires an experienced and confident individual with management and leadership potential. The incumbent will be expected to have a detailed understanding of balance sheet analysis and capital markets.
- MBA preferred, but not required.
- CFA preferred, but not required.