AVP - Interest Rate Risk

Michael Page; New York (NY); On-site; USD 120,000 - 135,000; Full time

Benefits offered by this job

Comprehensive benefits package

Career development opportunities

Job summary

Michael Page is seeking an Interest Rate Risk - Banking Book Oversight Risk Associate in New York, NY. The role involves monitoring interest rate risk, ensuring compliance, and analyzing risk metrics. A degree in finance or economics is required, along with strong analytical skills and experience in risk management. The position offers a competitive salary of $120,000 to $135,000 and a comprehensive benefits package. Join a collaborative environment and grow your career in the financial services industry.

Qualifications

• Strong foundation in finance or economics.
• Proficiency in understanding interest rate risk concepts.
• Excellent attention to detail.

Responsibilities

• Support oversight of interest rate risk in the banking book.
• Analyze and report on risk metrics.
• Collaborate with teams to enhance risk management strategies.

Skills

Analytical skills

Risk management practices

Communication skills

Problem-solving skills

Team collaboration

Education

Degree in finance, economics, or related field

Job description

The Interest Rate Risk - Banking Book Oversight Risk Associate will play a pivotal role in monitoring and managing interest rate risk within the banking book. This position is ideal for someone with a strong analytical mindset and a passion for risk management in the financial services industry.

Our client is a Financial Services firm.

Description

• Support the oversight of interest rate risk in the banking book, ensuring compliance with regulatory requirements and internal policies.
• Analyze and report on risk metrics to identify trends and potential areas of concern.
• Collaborate with cross-functional teams to evaluate and enhance risk management strategies.
• Assist in the development and implementation of risk management frameworks and guidelines.
• Provide insights and recommendations to mitigate risks and improve financial performance.
• Monitor market developments and assess their potential impact on the banking book.
• Prepare detailed reports and presentations for senior management and regulatory authorities.
• Participate in audits and reviews to ensure adherence to risk management standards.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Profile

A successful Interest Rate Risk - Banking Book Oversight Risk Associate should have:

• A strong foundation in finance, economics, or a related field.
• Proficiency in risk management practices and understanding of interest rate risk concepts.
• Excellent analytical and problem‑solving skills with attention to detail.
• Strong communication skills to effectively present findings and recommendations.
• Ability to work collaboratively within a team and across departments.
• Familiarity with regulatory requirements in the financial services industry.

Job Offer

• Competitive annual salary ranging from $120,000 to $135,000 USD.
• Comprehensive benefits package to support your well‑being and professional growth.
• Opportunity to work with a large organization in the financial services industry.
• Collaborative and supportive work environment.
• Career development opportunities within a globally recognized company.

If you are ready to take the next step in your career and contribute to a leading organization, we encourage you to apply!