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Job Description:
This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products.

LOB Job Description:
This job is responsible for influencing and driving optimal bank-wide liquidity strategies by Lines of Business (LOBs) and legal entity in business as usual (BAU) and stress scenarios. Key responsibilities include overseeing and influencing liquidity utilization across the organization and providing input into process and control designs, operational risk mitigation, issue management, automation, and other initiatives across the bank.

Responsibilities:
• Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
• Supports the planning related to setting quantitative work priorities in line with the bank's overall strategy and prioritization
• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
• Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
• Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk
• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes
• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

LOB Responsibilities:

• Measures, analyzes, monitors, and reports on the bank's spot and forecasted liquidity position, provides guidance to business units to improve liquidity position, and supports regulatory and management liquidity reporting

• Oversees processes, risks, and controls and tracks and monitors issues to ensure adherence with policies, risk standards, and compliance with internal and regulatory liquidity reporting requirements

• Partners with other Lines of Business (LOBs) to determine limits, guidelines, and direction, ensuring alignment with overall business objectives and the bank's risk framework

• Monitors liquidity risk trends relating to business activities and correlations between business drivers and liquidity usage and builds out enhanced liquidity reporting

• Reviews liquidity regulations and ensures documentation required for compliance is up to date with regulatory requirements

• Streamlines reporting processes and builds out analytic capabilities using emerging technology (e.g., Alteryx, Tableau, etc.

• Provides input into monthly and quarterly reporting, disclosures, and presentations for Risk Committees, Board of Directors, and enterprise and local regulators

Skills:

• Risk Analytics
• Risk Modeling
• Technical Documentation
• Critical Thinking
• Quantitative Development
• Risk Management
• Test Engineering
• Adaptability
• Collaboration
• Problem Solving
• Data and Trend Analysis
• Data Modeling
• Process Performance Measurement
• Research
• Written Communications

Required Qualifications:

• Minimum 5 years of industry experience working with financial products
• Active experience liaising with business managers within a large Bank
• Energetic and self-motivated
• Candidate should have a strong intellectual curiosity
• Strong quantitative background including excel modelling
• Excellent communication skills - both written and verbal
• Ability to drive project goals across functions with minimal oversight
• Analytical Thinking
• Financial Forecasting and Modeling
• Liquidity Management
• Regulatory Compliance
• Reporting
• Attention to Detail
• Benchmarking
• Financial Analysis
• Scenario Planning and Analysis
• Business Acumen
• Financial Management
• Monitoring, Surveillance, and Testing
• Policies, Procedures, and Guidelines

Desired Qualifications:

• Intraday, prime brokerage, derivatives or secured funding (either regulatory, reporting or business) knowledge
• Liquidity modelling experience and knowledge of regulatory liquidity metrics (ILST, LCR, NSFR) a plus
• Tableau, Alteryx, and other emerging information technology applications

Minimum Education Requirement: Master's Degree in related field or equivalent work experience

Shift:
1st shift (United States of America)

Hours Per Week:
40