Liquidity Risk Manager Job Description
Liquidity risk manager
provides valuation services forfixed income instruments and derivatives on interest rates, foreign exchange, equity and credit for both internal and external clients.
Liquidity Risk Manager Duties & Responsibilities
To write an effective liquidity risk manager job description, begin by listing detailed duties, responsibilities and expectations. We have included liquidity risk manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide oversight in the management of market risk in particular non-fixed income risk, foreign exchange risk, hedging effectiveness
Documenting standards and procedures for monitoring and testing performed by LOB liquidity risk teams and corporate functions liquidity risk teams
Produce liquidity risk reporting on a regular basis (no less than quarterly) that aggregates and presents the results of the independent reviews of liquidity management processes to Sr
Produce liquidity risk reporting on a regular basis (no less than quarterly) that aggregates and presents the results of the independent review of liquidity stress testing and assumptions to Senior Management and to the Chief Risk Officer
Ensure documentation of all liquidity risk processes in the firm and ensure that all are covered by either the Line of Business (LOB) or Chief Financial Officer team (CFO team)
Prepare for and assist with coordination of any regulatory reviews and responses of this function
The Project Manager oversees the end to end planning, implementation, and tracking of high visibility, business critical projects
Identifying, assessing and monitoring liquidity risks related to the Firm’s prime brokerage and secured funding/securities lending-related activities
Providing liquidity risk oversight for various legal entities within the UK Group and EMEA
Identifying, assessing and monitoring liquidity risks related to the UK Group’s prime brokerage and secured funding/securities lending-related activities
Liquidity Risk Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Liquidity Risk Manager
List any licenses or certifications required by the position: PMI
Education for Liquidity Risk Manager
Typically a job would require a certain level of education.
Employers hiring for the liquidity risk manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Business, Management, Mathematics, MBA, Accounting, Graduate, Education, Statistics
Skills for Liquidity Risk Manager
Desired skills for liquidity risk manager include:
Foreign exchange
Equities and credit instruments
Derivative products and their applications
Financial products across interest rates
Financial products across derivatives
Interest rates
Risk-related regulations
Their application/impact in the banking industry
LCR
NSFR
Desired experience for liquidity risk manager includes:
Coordinating – interact with other Corporate Treasury resources to discuss and implement new practices for liquidity risk measurement
Support risk management assessment of Corporate Treasury and Front Office activity and assess liquidity management strategy effectiveness based on quantitative and qualitative analytics
Support a quantitative liquidity risk management and stress testing framework through risk factor evaluation and development of effective risk metrics to monitor exposures
Align data management, methodology and quantitative models framework with Corporate Treasury to estimate the impacts of embedded optionality in both retail and wholesale products
Provide business lines and GRM Executive with support on new product liquidity impact
Provides limit monitoring and information support to GRM executive and committees with information supplied by an external measurement team
Liquidity Risk Manager Examples
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Liquidity Risk Manager Job Description
Job Description Example
Our company is looking for a liquidity risk manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for liquidity risk manager
- Provides independent review and commentary on liquidity risk quantitative framework with Third Line functions (Compliance/Audit) and Regulators
- Understands and interprets regulatory metrics
- Adopt project management processes including risk and issue management, dependency management, status reporting, change control
- Engage with the front office to assess the market risk on the current and potential future risk profile, trading strategies, and new products/deals
- Assist in documenting support for model assumptions and calibration
- Review model output under the direction of the CLO
- Establish liquidity risk targets by determining the optimal level of liquidity risk the bank wants to take in pursuit of its strategic objectives
- Monitor thresholds to ensure current liquidity risk exposure does not deviate too much from targets and stays within the bank’s liquidity risk tolerance and risk appetite
- Monitor early warning indicators and recommend appropriate liquidity contingency actions to mitigate risk profile
- Develop an approach to price the liquidity buffer and to allocate cost and benefits to the businesses
Qualifications for liquidity risk manager
- Strong proficiency with PowerPoint and Excel is essential
- Broad communication, negotiation and influencing skills to drive execution
- Establish proper funds transfer pricing for liquidity risk
- Implement funding strategy using limits that address counterparty exposure, secured versus unsecured funding, instrument type
- Assess potential demands on collateral resulting from contingent obligations or margin calls
- Experience with Risk Management, Numerical Analysis, Finance and other Control functions
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Liquidity Risk Manager Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of liquidity risk manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for liquidity risk manager
- Be instrumental in delivering key regulatory initiatives related to counterparty risk SA-CCR, CCP risk, Margining Reform, CVA, IMM, collateral optimization
- Work with various teams in Risk Management Group for process integration and methodology implementation
- Working on / managing various process improvement projects, both independently and in support of senior team members
- Recommending potential solutions to issues and opportunities for process improvement based on analytical conclusions
- Managing various process improvement projects end-to-end, including change management governance
- Provide oversight in the management of liquidity risk including implementation of various liquidity risk policies in business units, discussion of liquidity risk staging and monitoring of liquidity risk metrics
- Work collaboratively with the Group Financial Risk Management to provide insight, challenge and oversight of risk-adjusted returns, recommendation to the Asia CRO, the Head of Group Financial Risk, business unit CROs and the Head of Asia Market & Liquidity Risk on proposals going to the Asia ALCO and business unit ALCOs, and on new products that introduce market and / or liquidity risk
- Propose market risk limits for the Asia Division, enhance the divisional risk appetite limits framework on market risk, liquidity risk and local solvency risk
- Work collaboratively with the Group Financial Risk Management on the development and measurement of risk exposures for the division and business units, provide effective support and propose enhancements to timely risk measurement and reporting
- Provide effective support to hedging activities to mitigate risk, including Variable Annuity business in the division
Qualifications for liquidity risk manager
- Support TBSM Vision infrastructure build and continuous improvement in data sourcing, processes, policies, and system tools to meet complex regulatory/compliance reporting requirements, industry best practices and/or achieve organizational objectives
- Represent the Canadian liquidity team in the Bank's strategic data quality initiative
- Support the quarterly MD&A liquidity disclosures, including the industry benchmarking analysis
- Support the production team in building an efficient process to consolidate regulatory and management liquidity reporting metrics across different segments, and analyze the Bank's liquidity & pledging positions
- University degree, preferably concentrated in Finance or Accounting, at least 5 years of relevant Treasury, Business, or Risk management work experience (prior experience with prime services is a plus)
- Awareness of FINMA Liquidity Principles ECB and local Central Bank of Ireland regulations viewed favourably
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Liquidity Risk Manager Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of liquidity risk manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for liquidity risk manager
- Act as a point of contact to front office and risk management for all NSFR related matters
- Monitor market and liquidity risk exposures against approved limits and be able to clearly explain changes in exposures
- Support on various ad hoc stress testings on emerging market and liquidity risk
- Coordinate effectively with internal stakeholders including business units, Asset Liability Management, Group Financial Risk Management, , ensure Asia and business units ALCOs are operating effectively
- Raise awareness and increase understanding of market and liquidity risk in the division and business units, including risk metrics such as Economic Capital, Earnings at Risk, liquidity ratios
- Co-lead the development of the new liquidity FTP process that incorporates new liquidity regulations
- Develop enhance the existing EUC's for the Wholesale bank FTP group
- Plan, perform and lead audits of complex Balance Sheet Management functions such as Market Risk Management (including Market Risk Rule compliance) and Liquidity Risk Management and related business functions or perform components of such audits
- Identify liquidity risks and mitigants for the GWIM business and review appropriateness of these risks over time
- Review stress testing processes including scenarios and liquidity risk assumptions/outflow rates and/or results for Internal Liquidity Stress Testing and regulatory scenarios
Qualifications for liquidity risk manager
- Familiarity with the features and characteristics of wholesale banking products, and financial risks associated with these products is required
- Familiarity with asset/liability management, liquidity risk management, and funds transfer pricing concepts
- Understanding of fixed income instruments and derivatives, such as bonds, options, and swaps, and the valuation of these instruments, and how they are used to manage balance sheet risks
- Proactive and highly motivated individual who can work independently and in a team environment
- Bachelors Degree Finance (or Accounting/Economics with Finance emphasis)
- Direct experience in credit risk through work in financial statement analysis and/or credit risk assessment
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Liquidity Risk Manager Job Description
Job Description Example
Our growing company is hiring for a liquidity risk manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for liquidity risk manager
- Partner with multiple stakeholders including LoB Risk and Corporate Treasury to define and build the Liquidity Risk Coverage program to appropriately identify, measure, monitor and control liquidity risk
- Propose and calibrate liquidity risk related metrics to monitor and control liquidity risks
- Perform independent reviews to ensure liquidity risk processes and reporting is appropriate for the GWIM LOB and any concerns are appropriately escalated to senior management
- Support corporate-wide liquidity related initiatives and serve as a Subject Matter Expert on GWIM related liquidity topics
- Helping clients transform through technology by leading and implementing technology solutions that drive business change, focusing on high-impact systems development activities and IT advisory
- Helping clients navigate their journey into the cloud
- Improving client detection of and response to cybersecurity threats
- Defining the way our clients exploit the “New IT, Agile, DevOps, AI, Digital
- Understanding business drivers of liquidity risk
- Financial risk management advice – be alert to financial risk events, trends and emerging issues and provide thought leadership, advice and guidance to business teams and relevant committees in addressing regulatory and ERM / business led initiatives
Qualifications for liquidity risk manager
- More than 7 years of experience in traded product structuring with strong business sense in market and counterparty risk
- Experience with client segments hedge funds, private clients, CCP’s
- Ability to run a project, understand concerns of, and respond to various stakeholders ICR, Market Risk, Credit Risk, trading desk, Audit, regulators etc
- Knowledge of fundamental concepts in liquidity risk and collateral management is required
- Database and programming skills are desirable
- Advanced University in Finance or a related discipline
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Liquidity Risk Manager Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of liquidity risk manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for liquidity risk manager
- Utilise industry best practices to quantify risk and aggregate exposures
- Oversee the development of complex systems and programs that measure aggregate risk exposures
- Other regulatory remediation as agreed and assigned
- Understanding regulations and translating these into technical guidance tailored for client specific situations (examples include Basel, CRR and CRD, FRTB)
- Performing current state versus target state gap assessments
- Designing, executing and embedding fit for purpose solutions to meet regulatory requirements
- Supporting sales activities and marketing initiatives
- Undertaking learning and development activities to ensure your own professional development
- Previous experience in a multi-national Treasury function
- Support the review, preparation, submission, and disclosures relating to regulatory market & liquidity standards, Interest Rate Risk in the Banking Book, Liquidity Coverage Ratio and Net Stable Funding Ratio
Qualifications for liquidity risk manager
- Project Management qualification would be an asset
- 5+ years of experience in asset and liability management, interest rate risk, treasury functions, finance, or risk management
- Strong technical skills (particularly in MS Excel)
- Bachelor’s degree in finance, economics, statistics, mathematics, or other quantitative area
- Advanced university degree in Finance or a related discipline, is required
- An MBA or CFA is preferred