Liquidity Risk Management & Analysis - Deposits

  • Competitive Salary
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Paritas Recruitment
  • 17 May 18 2018-05-17

Our client, a well-known Tier 1 investment bank is currently seeking to add an additional hire with expertise in deposit risk management to join their Liquidity Risk Management & Analysis team.

Part of the independent risk management function responsible for identifying, quantifying, and managing the liquidity risk of the firm. The successful candidate will work with Corporate Treasury, Controllers, Operations, Securities Division, and the broader Risk organisation to provide independent risk assessment and oversight of the firm's liquidity risk taking.  Despite the banks huge reputation, The firm is relatively young in the deposits space and seeking to mature their risk management function within this area.

Job Summary & Responsibilities


• Work closely with Liquidity Risk Management & Analysis leadership to develop and implement a comprehensive liquidity risk governance framework for the firm's deposit taking businesses
• Quantify internal and regulatory stress metrics and prepare associated reporting
• Monitor limits utilisation, breach remediation, and escalation workflow
• Work closely with teams to model deposit liquidity risks under various stress scenarios; propose, calibrate, and implement appropriate assumptions
• Engage directly with the risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge proposals
• Engage periodically with regional regulators to explain the firm's deposits risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions


Requirements


• Experience in capital markets, preferably in Risk, Treasury, funding-related or regulatory functions
• Direct deposit risk management and modelling experience, including an understanding of common deposit products and the factors which affect liquidity risk
• An awareness of deposit modelling and its application in liquidity risk assessment
• Knowledge of risk management techniques as they relate to deposits in general and liquidity risk in particular
• Strong academic background in quantitative fields such as computer science, applied mathematics, engineering or statistics
• Experience in quantitative risk modeling, model documentation, model development
• Technology aptitude and programming skills are a beneficial, as well as familiarity with risk systems
• Interest in financial markets and risk management, motivated by learning and continuous improvement
• Ability to work independently, form own judgment/opinions, provide insights and drive change
• Proactive with strong analytical, interpersonal and communication skills and ability to build relationships remotely
• Strong verbal and written communication skills
• Ability to interact with and build relationships with people from different departments and levels of seniority