Description
We are seeking a Vice President to join our Liquidity Methodology Implementation team. The successful candidate will be responsible for verifying that the bank has sufficient funds to meet its short-term and long-term obligations, and for developing and implementing 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 be taken 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 in relation to the work of your team.
- Collaborate with other areas of work to provide business-aligned support.
- Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
Requirements:
- Master's in finance or CA/CFA/FRM with relevant experience in Liquidity Risk reporting/management.
- Experience in financial/regulatory reporting or in Risk for a similar Global Bank.
- Exposure to Liquidity Risk reporting and the regulations around key reports i.e., LCR, NSFR, PRA110.
- Understanding of principles of liquidity risk management within Investment Banking and Financial Services Industry.