Corporate CIO Treasury – Asset Class Lead - Associate Corporate CIO Treasury – Asset Class Lead -  …

in Jersey City, NJ, United States
Permanent, Full time
Be the first to apply
in Jersey City, NJ, United States
Permanent, Full time
Be the first to apply
Corporate CIO Treasury – Asset Class Lead - Associate
TheLiquidity Risk Infrastructure Project is a multi-year, firm-wide initiative toachieve a world class liquidity risk management capability. The project willalso develop an accurate, controlled and automated set of liquidity managementregulatory reporting. Our target operating model for liquidity risk managementincludes:

1. Liquidity regulatory reporting, both global and local
2. Management analytics (stress testing, scenario analysis, ad-hoc analysis,etc)
3. Management reporting (liquidity metrics, liquidity limits, ratios andreports, etc.)
4. Available collateral management
5. Allocation of liquidity costs (funds transfer pricing, long-term debtspread, FDIC charges, etc.)

Regulatory reporting currently covers the firm's Fed's 5G report, the US LiquidityCoverage Ratio (LCR) and Net Stable Funding Ratio (NSFR), the European BankingAuthority's (EBA) LCR, APAC Regional LCRs and internal Stress Scenarioreporting. The project will be extended to cover other liquidity and relatedregulatory reporting. To meet these objectives, the project will create adetailed repository of liquidity data firm-wide with advanced analytical toolsto enable all liquidity risk management analysis.

As an integral member of the LRI Asset Class lead team, this position willreport directly to the Asset Class manager for the products that they aresupporting. The role's primary focus will be to provide support and beresponsible for Securities, Secured Financing and Structured Notes. This willinclude, but is not limited to, root cause analysis, gathering new or modifiedrequirements, system gap analysis, data analysis, measuring materiality,managing testing, defect reporting and resolution, stakeholder prioritizationand design and implementation of operating models. In addition, the role willrequire extensive Line of Business, LRO, CTMO and LPRM communication andvalidation of any product updates.

Key Responsibilities include:

  • Analysis of trading book / banking book data for implementation across a suite of regulatory and internal management reports, analyzing the prescribed regulatory requirements when necessary.
  • Identify key data quality issues and drive remediation with technology teams across LRI, FRW and upstream source systems.
  • Collaborate with Liquidity Risk Policy, Oversight, Middle Office and technology teams to identify gaps, understand and implement requirements. Explore and offer innovative tactical and strategic solutions to address changes and data gaps.
  • Work with LRI and LOB project teams on product development and management, including business model enhancements, regulatory rule changes, product consistency and leveraging the LRI system and data for other firm initiatives.
  • Produce and present scorecards to senior management around project status, issues and risks
  • Participate in the creation or review of Business Requirements Documents and Functional Specifications.
  • Assist in application tool development and refinement including redesign adjustment functionality within LRI and the data analytics tool.
  • Facilitate and/or participate in user acceptance testing of the product, proactively identifying issues and tracking through to resolution.

The candidate must be aself starter, able to work in a fast paced and results driven environment with minimaloversight. The candidate is required to have excellent communications skillsand possess a strong sense of accountability and responsibility.

  • Minimum of 3 years hands-on experience in the business/finance environment in financial industry
  • Understanding of data processing and project management, a plus
  • Experience in Banking industry; Business analysis, Project management or Treasury background is a plus
  • Strong analytical, data management and problem solving skills
  • Must be able to analyze and draw conclusions from large amounts of data in Excel
  • Attention to detail and strong analytical and problem solving skills are a must
  • Team player with the ability to manage competing demands in a fast paced environment.
  • Ability to grasp large amounts of information, and a curiosity to ask appropriate questions to fully develop business and functional requirements
  • Ability to interface with cross-functional teams
  • Excellent verbal and written communication skills
  • Detailed knowledge of all or any of the products required.

    • Commitments Products and operational processesin CRI
    • Client (Prime Brokerage) Products traded andoperational processes of a large global bank
    • Banking Products like deposits, borrowing, cashand loans
    • Securities and Securities Financing
    • Derivatives

  • Advanced computer skills, particularly in Excel, Power Point, Visio and SQL is a plus