Market Risk Analyst

Citizens•Boston, MA

7d•$87,000 - $117,000•Hybrid

About The Position

Citizens Enterprise Market Risk Management, a second line Risk Management function, is looking to hire a Treasury Oversight analyst. The candidate will be part of a team supporting our independent Liquidity Risk Management and Interest Rate Risk Oversight Framework. The successful candidate will report to the Head of Treasury Risk Oversight working in coordination with Treasury teams. The incumbent will be responsible for performing second line risk management oversight through effective review and challenge, formal assessments, and continuous monitoring related to liquidity risk management. The incumbent should have basic knowledge of liquidity risk management requirements and concepts.

Requirements

2+ years of experience in Treasury, Risk, or business line related functions.
Ability to analyze large sets of data, workflow processes, risk profiles, and concisely summarize and/or represent effectively as management information.
Strong verbal and written communication skills are required.
Experienced with Excel and SQL (a plus).

Nice To Haves

Experience related to Treasury functions in the capacity of funding/liquidity management, funds transfer pricing, or investment portfolio management is desired.
Relevant professional designations (e.g., CFA/FRM) are a plus.
Degree in Finance, Economics, Engineering, or related field

Responsibilities

Support the design and execution of review and challenge assessments of Treasury practices against regulatory and corporate expectations.
Support the development and maintenance of review and challenge documentation, assessment procedures, meeting materials, issue logs, and governance reporting related to liquidity risk oversight and Treasury practices.
Work within established timelines to deliver assessments and risk position monitoring, which are key inputs into annual program opinions.
Responsible for continuous monitoring of liquidity risk exposures against limits, periodically evaluating key data elements against regulatory requirements, and reperformance of risk appetite metrics.
Support independent review of liquidity stress testing practices, in coordination with the team and model validation function.
Identify and escalate exceptions to risk limits, policies, and procedures.
Acting as a partner with Treasury identifying areas of improvement and achieve efficiencies.
Effectively participate in EMRM governance and help formulate and drive EMRM strategy.
Establish partnerships with the various stakeholders across the three lines of defense.