Senior Associate, Liquidity & Market Risk Management
About The Position
As a Senior Associate in the Liquidity and Market Risk Management (LMR) team, you will play a pivotal role in managing liquidity and market risk strategies for our organization. You will assist in the assessment and analysis of risk impact and benefits in offering new strategic initiatives of CLS and on-boarding new members and currencies onto CLS. In addition, you will engage in day-to-day risk monitoring activities and contribute to the continuous improvement of our risk management processes, including but not limited to performing liquidity risk analysis for market events affecting CLS Settlement services, conducting stress testing for enhanced risk monitoring, preparing management risk reporting, and executing model risk management responsibilities as a model owner.
Requirements
- Three + years of work experience in banking, consulting, or other financial institutions.
- Degree in computer science, finance, economics or quantitative discipline, MS/MBA preferred.
- Strong quantitative skills and experience in financial analytics and risk methodologies.
- Strong discipline of vetting own work and attention to detail to deliver high quality work products.
- Possess excellent critical thinking capabilities and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work collaboratively with cross-functional teams.
- Advanced SQL, R, Python, and Excel VBA skills.
- Proficient in interpreting, data cleaning, manipulating, and performing analysis with large amounts of data.
Responsibilities
- Perform liquidity analysis to assess the risk and benefits as part of CLS Settlement participation expansion and offering new strategic initiatives.
- Perform daily and quarterly stress testing to assess the impact of potential member pay-in failures for heightened settlement monitoring as part of Regulatory requirement.
- Perform risk impact analysis in response to market and geopolitical events that may affect CLS Settlement service.
- Enhance existing LMR processes by automating or enhancing them to minimize operational errors and make day-to-day work efficient.
- Conduct on-going model monitoring and enhance model documents for LMR’s owned model in accordance with the Model Risk Policy requirements.
- Code and implement benchmarking models for LMR’s owned model as part of MRM’s on-going monitoring requirement.
- Prepare detailed risk reports for internal stakeholders and regulators to support management reporting and RCSA processes.
Benefits
- Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
- 2 paid volunteer days so that you can actively support causes within your community that are important to you.
- Generous parental leave policies to ensure you can enjoy valuable time with your family.
- Parental transition coaching programmes and support services.
- Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
- Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
- Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
- Active support of flexible working for all employees where possible.
- Monthly ‘Heads Down Days’ with no meetings across the whole company.
- Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
- Private medical insurance and dental coverage.
- Social events that give you opportunities to meet new people and broaden your network across the organisation.
- Annual flu vaccinations.
- Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
- Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
- All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
- Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
