Description
We are seeking a Vice President - Liquidity Risk Reporting to join our team at Barclays.
The purpose of this role is to verify that the bank has sufficient funds to meet its short-term and long-term obligations, and to develop and implement strategies to manage the bank's liquidity position.
Key Responsibilities:
- Develop and implement funding and liquidity strategies to efficiently manage the bank's liquidity position within regulatory requirements and risk appetite.
- Analyze and quantify the regulatory and behavioral liquidity risk impact of transactions undertaken by business units.
- Maintain strong relationships with key business units and work with them to manage liquidity within constraints.
- Monitor key liquidity metrics and trends and advise on actions to maintain funding and liquidity levels within tolerance.
- Manage intra-group funding arrangements to ensure subsidiaries are adequately funded and managed within balance sheet, large exposure, and capital constraints.
- Design and implement stress testing methodologies to assess the bank's liquidity resilience under various financial shocks, economic downturns, and sector-specific crises.
- Develop new tools, models, and data analysis to support and enhance the bank's funding and liquidity management capabilities.
Vice President Expectations:
- Contribute to or set strategy, drive requirements, and make recommendations for change.
- Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
- Demonstrate leadership and accountability for managing risk and strengthening controls.
- Collaborate with other areas of work to provide business-aligned support.
- Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
Requirements:
- Strong knowledge of balance sheets and financial statements, and reporting treatment of various products.
- Excellent knowledge of liquidity regulatory metrics, including LCR, NSFR, PRA110, and ALMM.
- Strong communication skills, both written and verbal.
- Excellent presentation skills, communication, and stakeholder management skills.
- Strong understanding of control and governance frameworks.
- Experience in driving change initiatives, including working with IT on automation initiatives.
- Excellent relationship management skills.
Nice to Have:
- Experience within a liquidity (risk) management function.
- Experience in data visualization (e.g., Qlik, Tableau, Hypercube) and coding (e.g., SQL, Python, R).
- Working knowledge of data mining/automation tools (SQL, VBA).
- Degree educated with a relevant qualification (ACA, CFA).
- Regulatory and/or consultancy background.