Liquid risk manager

Recruiter
Esr Healthcare
Location
New York
Salary
Competitive
Posted
07 Aug 2022
Closes
14 Aug 2022
Job Type
Risk, Risk Management
Employer Sector
Banking & Finance - Retail
Contract Type
Permanent
Hours
Full Time
Travel
None
Experience level: Associate Experience required: 5 Years Education level: Bachelor s degree Job function: Finance Industry: Financial Services Compensation: View salary Total position: 1 Relocation assistance: No
JOB DESCRIPTION:
Associate for you will be directly involved in the execution and ongoing implementation of the liquidity risk management framework, and supporting processes, across multiple business segments.
The Liquidity Risk Associate will be analyzing, designing, monitoring, and performing liquidity risk management stress scenarios and supporting the preparation of related communications for senior management and regulatory audiences.
The Liquidity Risk Associate, working with a distributed team comprised of technical and business risk managers will review liquidity risk metrics and processes to identify emerging risks and areas of improvement within the governance framework.
This role uses market and internal data, as well as quantitative techniques, to perform analyses.
RESPONSIBILITIES:

Identify meaningful issues in which controls are not accurately crafted or are not operating efficiently.
Assess the risk and control environment for processes within coverage areas.
Validates the completion of agreed action plans under the mentorship of a supervisor.
Design and conduct the independent assessment of liquidity risks and risk management processes
Participate in the development of the Liquidity Risk Policy and Procedures, and related Stress Testing program documents
Implement improvements to existing policies and procedures documents for relevant areas
Identify and establish automation of processes and implement technical scripts to complete a variety of monitoring functions
Provide insights to the liquidity assumptions and stress testing parameters
Provide assistance to DTCC members from liquidity risk management perspective
Align risk and control processes into day-to-day responsibilities to supervise and mitigate risk
Identify concerns and advances matters appropriately
QUALIFICATIONS:

Two to 5 years of related experience
Bachelor's degree preferred with Masters or equivalent experience
Experience in Risk Management practices, including general understanding and curiosity about of liquidity risk management and stress testing
Safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry s needs and we re working to continually improve the world s most resilient, secure, and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost, and bring stability and certainty to the post-trade lifecycle. DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It s the chance to make a difference at a company that s truly one of a kind. If you post this job on a job board, please do not use company name or salary.
Experience level: Associate Experience required: 5 Years Education level: Bachelor s degree Job function: Finance Industry: Financial Services Compensation: View salary Total position: 1 Relocation assistance: No
JOB DESCRIPTION:

As a Liquidity Risk Associate for DTCC, you will be directly involved in the execution and ongoing implementation of the liquidity risk management framework, and supporting processes, across multiple business segments.
The Liquidity Risk Associate will be analyzing, designing, monitoring, and performing liquidity risk management stress scenarios and supporting the preparation of related communications for senior management and regulatory audiences.
The Liquidity Risk Associate, working with a distributed team comprised of technical and business risk managers will review liquidity risk metrics and processes to identify emerging risks and areas of improvement within the governance framework.
This role uses market and internal data, as well as quantitative techniques, to perform analyses.
RESPONSIBILITIES:

Identify meaningful issues in which controls are not accurately crafted or are not operating efficiently.
Assess the risk and control environment for processes within coverage areas.
Validates the completion of agreed action plans under the mentorship of a supervisor.
Design and conduct the independent assessment of liquidity risks and risk management processes
Participate in the development of the Liquidity Risk Policy and Procedures, and related Stress Testing program documents
Implement improvements to existing policies and procedures documents for relevant areas
Identify and establish automation of processes and implement technical scripts to complete a variety of monitoring functions
Provide insights to the liquidity assumptions and stress testing parameters
Provide assistance to DTCC members from liquidity risk management perspective
Align risk and control processes into day-to-day responsibilities to supervise and mitigate risk
Identify concerns and advances matters appropriately
QUALIFICATIONS:

Two to 5 years of related experience
Bachelor's degree preferred with Masters or equivalent experience
Experience in Risk Management practices, including general understanding and curiosity about of liquidity risk management and stress testing
ABOUT the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry s needs and we re working to continually improve the world s most resilient, secure, and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost, and bring stability and certainty to the post-trade lifecycle. DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It s the chance to make a difference at a company that s truly one of a kind.