Risk Division - Salt Lake City - Associate, Liquidity Risk - 9135001
About The Position
Work to develop and implement comprehensive liquidity risk governance frameworks. Monitor limit utilization, breach remediation, and escalation workflow. Work closely with engineering teams to model liquidity risks under various stress scenarios; propose, calibrate, and implement appropriate behavioral and quantitative assumptions. Engage directly with the front-line businesses to understand strategy, assess new activities, enforce limits and regulatory requirements, and challenge proposals. Engage periodically with regional regulators to explain the firm’s risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions. Assess the impact of liquidity regulation on individual transactions, new products, and business proposals as they relate to the firm’s secured financing businesses. Utilize various business analysis and presentation software to perform quantitative analysis on the drivers of liquidity trends and volatility and present results to Senior Management. Design, Implement and Analyze visualization and reporting dashboards that allow Senior Management to monitor and assess liquidity trends and volatility.
Requirements
- Master’s degree (U.S. or foreign equivalent) in Mathematics, Finance, Financial Engineering, Electrical Engineering or a relevant field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Mathematics, Finance, Financial Engineering, Electrical Engineering or a relevant field and three (3) years of experience in the job offered or in a related role.
- Applying Reg. YY liquidity stress testing requirements in a financial services or banking environment.
- Analyzing secured funding transactions and assessing their liquidity impact.
- Using quantitative business tools, including MS Excel, SQL, and MS PowerPoint for report development and presentations.
- Using data visualization software such as Tableau.
- Conducting qualitative and quantitative risk assessments, including scenario modeling and stress testing.
Responsibilities
- Develop and implement comprehensive liquidity risk governance frameworks.
- Monitor limit utilization, breach remediation, and escalation workflow.
- Model liquidity risks under various stress scenarios, proposing, calibrating, and implementing appropriate behavioral and quantitative assumptions.
- Engage with front-line businesses to understand strategy, assess new activities, enforce limits and regulatory requirements, and challenge proposals.
- Engage with regional regulators to explain the firm’s risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions.
- Assess the impact of liquidity regulation on individual transactions, new products, and business proposals as they relate to the firm’s secured financing businesses.
- Perform quantitative analysis on the drivers of liquidity trends and volatility using business analysis and presentation software, and present results to Senior Management.
- Design, implement, and analyze visualization and reporting dashboards for Senior Management to monitor and assess liquidity trends and volatility.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
