Liquidity Risk Manager AVP

Global investment bank seeks AVP level Liquidity Risk Manager as part of their expanding Treasury Risk function.

The Liquidity Risk team is responsible for 2nd line of defense risk management for Liquidity Risk. It provides oversight to Treasury's and the business divisions' liquidity risk management practice by reviewing the development and reporting of key liquidity risk indicators on an ongoing basis and by monitoring the adherence to their active risk controls. The team assesses and oversees funding liquidity risks on a strategic basis, recommending corrective actions where necessary to Treasury. The function takes into account the liquidity aspects of the current situation as well as the forward-looking aspects and key vulnerabilities.

Key responsibilities :

• Supporting the liquidity risk appetite process
• Responsibility for analysing risk exposures and limit excesses in a timely fashion
• Assessing and handling additional stress analyses
• Engaging with and challenging the Front Office with respect to risk taking activities, limit excesses, forecasting, advising the Front Office on excess remediation and carrying out timely excess risk sign-off and remediation
• Participating in Pre-trade Approval and New Business processes
• Identifying and reporting new risk factors where required; engaging with and supporting the Liquidity Methodology team where required
• Completing the annual review and write-up of the Internal Liquidity Assessment and Measurement Process (ILAAP), describing the various models and methodologies
• Developing & maintaining a robust understanding of relevant industry standards and regulatory requirements and expectations for a liquidity risk function and ensuring that these requirements are met in area of responsibility
• Responsibility for adequate and effective line controls in area of responsibility and for promptly raising control issues
• Implementing or supporting the implementation of audit and regulatory issues relevant to area of responsibility within agreed upon time frame

Key skills

• University degree, preferably in Finance or Quantitative subject - or equivalent work experience
• Postgraduate degree and/or a professional qualification (ACT, CFA, FRM) is considered a plus
• MS Excel, VBA and MS PowerPoint skills a plus
• Exposure to investment banking products such as Derivatives or Prime Services
• Understanding of regulatory requirements for Liquidity Risk and risks of financial instruments
• Strong written and verbal communication skills
• Ability to work independently

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.