Treasury Risk - Liquidity Risk - Oversight

  • Very Competitive
  • New York, TX, USA
  • Permanent, Full time
  • Alexander Chapman
  • 18 Sep 17

Treasury Risk Oversight is part of the Trade Floor Risk Management (“TFRM”) department which acts as the 2nd line of defense to Treasury activities, and provides independent reviews and challenges to the Treasury risks including funding and liquidity risk, asset-liability management, and capital risk.

Director – Treasury Risk Oversight

They are one of the World’s largest international bank and are a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia.  With over 35 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management, corporate and investment banking.

About Treasury Risk Oversight

Treasury Risk Oversight is part of the Trade Floor Risk Management (“TFRM”) department which acts as the 2nd line of defense to Treasury activities, and provides independent reviews and challenges to the Treasury risks including funding and liquidity risk, asset-liability management, and capital risk.

Overall purpose of role:

  • Enhance independent US Treasury Risk Oversight capacities to US Treasury activities
  • Meet regulatory expectations and guidance on the requirements for 2nd line of defense coverage

Key Accountabilities and Skills required

  • Build, enhance and execute the 2nd line of defense roles and responsibilities to ensure US Treasury activities, particularly related to liquidity risk, are in compliance with regulatory guidance and requirements and consistent with the Bank’s internal framework
  • Coordinate between Risk and Treasury functions, within US and Group, on the initiatives associated with Treasury Risk Oversight and governance
  • Monitor liquidity risk in both on- and off-balance sheet positions, particularly through stress test and FR2052a analytics, and coordinate with Treasury and the businesses to identify risks

Stakeholder management and leadership

  • Understand  complex liquidity and capital risk exposures and issues and be able to communicate to senior management including US CRO & Treasurer, and Global Head of TFRM in a timely manner
  • Capable of prioritizing and handling multiple tasks under stressed environment
  • Effective and prudent interaction with the regulators
  • Manage the tasks of junior members on a day-to-day basis and guide their overall career development

Decision making and problem solving

  • Effective challenge on the limits, EWIs, CFP, and stress testing assumptions proposed by Treasury to make sure they meet regulatory requirements and are within the Bank’s risk appetite
  • Enhance liquidity risk governance framework
  • Augment liquidity/capital/ALM risk monitoring, escalation and documentation
  • Monitor and challenge the Treasury designs and processes

Qualifications

  • Minimum 8+ years of experience in Treasury and/or Risk related functions
  • Experience related to key Treasury functions including, funding/liquidity management, ALM, FTP, Funding Plan projection, CFP, and capital management
  • Experience in building and documenting liquidity & ALM framework including policies, standards, procedures, limits, EWI and targets
  • Expertise in Stress Testing Frameworks, CCAR, DFAST, CLAR and stress tests are highly desirable
  • The position will involve extensive interactions with constituents across various functions internally and externally including Risk, Treasury, Finance, Regulatory Relationship and regulators. Experience in effective interaction with regulators is mandatory.