Liquidity Risk Role - BFS

Liquidity Risk

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 properly designed or operating

- Assess the risk and control environment for process improvements within coverage areas.

- Validate the completion of agreed action plans under the mentorship of a supervisor.

- Understands the financial services industry and risk and control environment for coverage areas to identify new risks.

- Produce presentation materials and present analysis to senior management and regulators

- 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

- Perform day-to-day functions contained in the unit's procedures such as researching significant increases in margin requirements, supervising trading patterns of member firms, liquidity usage, etc.

- Provide insights to the liquidity assumptions and stress testing parameters

- Assist DTCC colleagues across risk management

- Conduct independent research projects focused on liquidity risks

- Implement improvements to existing policies and procedures documents for relevant areas

- Align risk and control processes into day-to-day responsibilities to monitor and mitigate risk

- Identify concerns and escalate matters appropriately

- Participate in system development through project management responsibilities, along with a cross-business unit team

QUALIFICATIONS:

- Minimum of 4 years of related experience

- Bachelor's degree preferred with Masters or equivalent experience

- Experience in Risk Management, Finance, Treasury, or other control functions within a financial service setting is required

- Broad understanding of liquidity risk management and stress testing

- Passionate in performing in-depth analysis by utilizing large dataset, Python codes and SQL.

- Strong financial market knowledge of fixed income and equity markets

- Excellent analytical and technical skills

- Strong written and verbal communication