A Top International Investment Bank located in the Greater NYC area is looking to hire a talented junior candidate at the Associate-level to join their Liquidity Risk Management group and report up to the Team Lead while working across the 1st, 2nd, and 3rd lines of defense.
This hire will be responsible for challenging and reviewing all 1st line activities and assessing firmwide liquidity risk across different business lines, most specifically from the retail/digital banking division. The overall goal of this role will be to utilize practical liquidity risk knowledge to assess and adhere to regulatory requirements and internal processes for the firm's business lines. Additionally, this candidate will cover the enhancement and development of liquidity risk stress testing frameworks, developing risk metrics for overall liquidity risk assessment, and maintaining all risk and control frameworks.
The firm is ideally looking for candidates with prior experience in a liquidity risk function in the financial services industry with a solid understanding of all liquidity risk and regulatory metrics, and familiarity with all liquidity risk topics. The ability to effectively work cross-functionally with different business lines will be necessary as well.
Responsibilities:
- Providing review and challenge for all 1st line activities
- Assessing all liquidity risk as it relates to regulations and the firm's internal functions
- Enhancing and developing liquidity stress testing frameworks for the retail banking division
- Developing liquidity risk metrics
Qualifications:
- 2+ years of financial services industry experience in a liquidity risk function
- Understanding of all liquidity risk and regulatory metrics
- Familiarity with all liquidity risk topics and concepts
- Excellent communication and soft skills