Liquidity Risk Manager (SVP / SM level equivalent)

Empirical Search
London, United Kingdom
£90k - £115k
15 Mar 2023
22 Mar 2023
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Role Description
  • Develop and execute a comprehensive and granular programme of liquidity second line of defence, working closely with Global Treasury ensuring appropriate measurement, monitoring and management of liquidity and key liquidity metrics
  • Provide independent and effective review and challenge of key Liquidity processes (including ILAAP, Recovery and Resolution Planning) and liquidity programmes of work
  • Review stress testing processes as it pertains to liquidity including but not limited to the scenarios that are chosen for the stress tests and assumptions made on liquidity of both assets and liabilities. Perform and document independent analysis on the assumptions to ensure independent viewpoint. Support and refine existing stress model assumptions and controls (limits, guidelines, model framework)
  • Review both liquidity risk management policies, limits, standards, controls, metrics and thresholds and ensure they are within the defined corporate standards approved by the Board and ALCO. This includes annual reviews of the Contingent Funding plan
  • Review Front Line Units and the Enterprise's governance processes to ensure Liquidity Risk is managed in accordance with the firm's Risk Appetite and that the proper risk framework is deployed to measure, monitor and control the risk
  • Work with Finance, Risk, and Markets Treasury to ensure requisite support for activities, including consistencies in framework, methodologies, and reporting and improved liquidity management analysis in external reporting
  • Build relationships with a diverse range of stakeholders across Risk, Group Treasury, ALCM, Markets Treasury and front-line businesses.

Role Requirements
  • Qualifications would preferably include a degree in relevant numerate subject, or relevant experience. Qualifications in accounting and/or finance is beneficial (CPA, CFA, FRM, etc.)
  • Practical experience of liquidity risk management within a large international financial institution
  • Practical experience of funding gaps and the importance of liquidity management
  • Good working knowledge of Liquidity Regulations
  • Working across all levels of an organisation to understand cross-functional linkages and interdependencies, as well as the implications of risk at both a strategic level and at the business unit level, with good understanding of other areas e.g. Finance, Accounting, Operational, Legal, etc
  • Good knowledge of vanilla and complex derivative markets products and relevant traded markets, and cross market funding and asset transformation. Understanding how a bank squares its balance sheet and the demands this puts on liquidity - identifying uses of the balance sheet
  • Has developed a high level of professionalism and competency which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management
  • Experience in addressing regulatory and audit requests
  • You need to sign in to save