Lead Asset & Liability Risk Manager

Jobtailor; Minnesota; On-site; USD 120,000 - 180,000; Full time

Job summary

Jobtailor seeks an experienced risk professional to support the Asset Liability Management function, performing balance sheet forecasting, interest rate risk measurement, and reporting through line of business and executive committees.

You will help ensure compliance with risk programs, policies, and regulatory guidance, monitor program changes, design controls, and partner with business leaders and risk professionals to sustain a robust risk management framework.

Qualifications

• Typically more than six years of applicable experience
• Bachelor's degree, or equivalent work experience
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends impacting the assigned line of business
• Knowledge of Interagency Policy Statement on Funding & Liquidity Risk Management (SR 10-6)
• Knowledge of Enhanced Prudential Standards (Reg YY)
• Knowledge of Liquidity Coverage Ratio
• Knowledge of Net Stable Funding Ratio
• Knowledge of Interest Rate Risk in the Banking Book (IRRBB)
• Knowledge of FR 2052a Complex Institution Liquidity Monitoring Report
• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation, and project management skills
• Effective presentation, interpersonal, written, and verbal communication skills
• Effective relationship-building and negotiation skills
• Proficient computer navigation skills using Microsoft Office applications and word processing, spreadsheets, databases, and presentations
• Applicable professional certifications

Responsibilities

• Support the Asset Liability Management business unit with balance sheet forecasting, interest rate risk measurement and forecasting, and reporting through business line and corporate-level committees
• Support the business line in complying with internal risk programs, policies, and regulatory guidance
• Monitor proposed program changes and translate them through a risk-focused lens
• Assist in designing new control structures relevant to program changes
• Advise on strategic initiatives to identify future risk profile changes and approaches to absorb, measure, or limit risk
• Support internal reviews, audits, and examinations
• Assist in scoping and remediating weaknesses or issues related to risk policies and program requirements
• Partner with the assigned Line of Business, Risk/Compliance/Audit professionals, and RCA Managers to create, implement, maintain, review, or oversee an effective risk management framework
• Participate in projects and activities ensuring compliance with applicable federal, state, and local laws and regulations
• Identify gaps and inform solutions that minimize losses from inadequate processes, systems, or human errors
• Identify, respond to, and escalation risks as appropriate
• Serve as a functional liaison between the Line of Business and Lines of Defense

Skills

Asset Liability Management

Balance Sheet Forecasting

Interest Rate Risk Measurement

Regulatory Compliance

Risk Management Framework

Project Management

Analytical Skills

Process Facilitation

FR 2052a Monitoring Report

Data Analysis

Education

Bachelor's degree

Tools

Microsoft Office Applications

Spreadsheets

Databases

Presentations

Word Processing

Job description

Jobtailor seeks an experienced risk professional to support the Asset Liability Management function, performing balance sheet forecasting, interest rate risk measurement, and reporting through line of business and executive committees.

You will help ensure compliance with risk programs, policies, and regulatory guidance, monitor program changes, design controls, and partner with business leaders and risk professionals to sustain a robust risk management framework.