Market Liquidity Risk Manager

Network ESC A Division of Network Temps, Inc.; New York (NY); On-site; USD 165,000 - 180,000; Full time

Job summary

A major financial institution is seeking a Market Risk Manager in New York City with a salary range of $165,000-$180,000. The candidate will supervise the Treasury Administration and develop strategies for market and liquidity risk management. Ideal candidates will have a Master's degree in a quantitative field or equivalent experience, with proficiency in quantitative methods and communication skills. The position is hybrid, requiring 2 days onsite in Midtown Manhattan and only candidates in the Tri-State area will be considered.

Qualifications

• Masters degree or its equivalent in statistics or economics or in quantitative discipline.
• CFA/FRM candidate or charter holder desired.
• Modeling understanding and capabilities.

Responsibilities

• Supervises the Treasury Administration members.
• Develop and calibrate assumptions for liquidity stress tests.
• Prepare and present monthly status of Branch risk to management.
• Team with Business Continuity Management to implement BCM Program.

Skills

Proficient in Excel

Proficient in Word

Proficient in PowerPoint

Proficient in Access

Strong oral and written communication skills

Strong quantitative skills

Modeling understanding and capabilities

Education

Masters degree in statistics or economics or quantitative discipline

CFA/FRM candidate or charter holder desired

Job description

Overview

MAJOR JAPANESE TRUST BANK SEEKS MARKET RISK MANAGER $165,000-$180,000. HYBRID 2 Days onsite in MIDTOWN MANHATTAN. ONLY CANDIDATES in TRI STATE AREA WILL BE CONSIDERED

Directs staff, develops strategy and controls execution of the Treasury Administration’s function. Recommends objectives, policies, and plans for the market and liquidity risk management. Develops ways to improve efficiency, effectiveness, and productivity.

Your Duties and Responsibilities

• Supervises the Treasury Administration members.
• Design/maintain the data repository and design/maintain standardized reports.
• Supervises the tasks that are assigned to the Treasury Administration section of the Department. Provides feedback to the Head of the Department on the quality and accuracy of the work performed. Provide support for obtaining and analyzing data related to the credit portfolio and credit risk monitoring process.
• Develop and calibrate assumptions and methodology for the liquidity stress test and contingency funding plan test.
• Develop risk management policies and procedures
• Prepare and present monthly status of Branch risk and performance to management and Head Office.
• Team with Business Continuity Management (“BCM”) to implement and maintain the BCM Program by ensuring the completion of business continuity deliverables for their department such as the regular review of the department Business Impact Analysis (“BIA”) and BCP, testing of BC Strategies, mitigation of identified resiliency risks, and promotion of Business Continuity awareness.
• Performs other duties and responsibilities as assigned by management.

Your Qualifications

• Masters degree or its equivalent in statistics or economics or in quantitative discipline.
• CFA/FRM candidate or charter holder desired.
• Proficient in Excel, Word, PowerPoint, Access.
• Modeling understanding and capabilities.
• Strong oral and written communication skills.
• Strong quantitative and computer skills.