Liquidity and Interest Rate Risk Assistant Vice ...

The responsibilities of this role include but are not limited to:Oversee and Enhance Market and Liquidity Risk Management Key ActivitiesOversee and challenge the Front Line's liquidity risk and interest rate risk management practiceIdentify, measure, monitor and mitigate liquidity risk and interest rate exposure, KRIs, limits, and analyze future risk trendsImprove the Bank's asset liability management; optimize the funding structure and strategyMaintain liquidity risk management (ILMS) application, and conducting the daily risk analysis and intraday liquidity monitoringMarket and Liquidity Risk Governance to satisfy EPS and HS regulatory requirementsDevelop and improve the policies and procedures on liquidity and interest rate risk managementPrepare risk reports for market and liquidity risk committee, and report to related committees and senior managementPerform effective challenge of front-line units reporting related to risk managementBuild and improve the market and liquidity risk related analytics and capabilitiesDevelop the analytics tools for the Bank's liquidity and interest rate risk management such as intraday liquidity monitoring, ALCO report review, risk limits review and risk methodology enhancementWork with Front Line Units (FLUs) to enhance the Bank's analytical capability and various scenario analysesBuild MRD's capabilities in risk data aggregation including risk exposure, key risk indicators and other risk metricsConduct new products risk evaluationSeek training in the bank's risk management software and third-party systems (e.g., Bloomberg)Perform research and presentations on various topicsMaintain Intraday Liquidity Management System (ILMS) as ownerImplement and execute the regulatory required projectsExecute various Heightened Standard requirement related projects such as enterprise risk assessment, wholesale payments risk assessmentReview and challenge Front Line Units' remediation proposals addressing regulatory issues and concernsDeliver analysis and tools to meet with OCC and the Fed ongoing monitoring requirement, and FDIC annual testing requirementDevelop and update resolution plans (RP)Execute the projects addressing issues or concerns from regulators, internal and external auditorsJob Qualifications:Master's degree is required; Majors in Finance, Economics or Quantitative related fields is preferredAt least 4 years of work experience in liquidity risk and interest rate risk management in banking or other financial institutions requiredStrong knowledge of quantitative analytics and financial/ banking industry requiredQuantitative knowledge, such as advanced probability, statistics, time series analysis, statistical modeling, etc. is requiredLiquidity risk and Interest rate risk management knowledge, such as banking book risks, asset liability management is requiredChartered financial analyst (CFA) or Financial Risk Management (FRM) certification preferredSalary Range:Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.USD $65,000.00 - USD $150,000.00 /Yr.

Created: 2025-02-14