Market Risk Analyst

Citizens Bank; Rhode Island; On-site; USD 87,000 - 117,000; Full time

Benefits offered by this job

Medical, dental & vision

Retirement benefits

Parental leave

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens Bank is seeking a Treasury Oversight Analyst within Enterprise Market Risk Management to support the independent Liquidity Risk Management and Oversight Framework. The role reports to the Head of Treasury Risk Oversight and collaborates with Treasury teams.

You will perform second line risk oversight, develop documentation, and contribute to governance reporting while evaluating liquidity stress testing and risk positions.

Qualifications

• 2+ years of experience in Treasury, Risk, or business line related functions.
• Ability to analyze large sets of data, workflow processes, risk profiles, and summarize for management.
• Strong verbal and written communication skills.

Responsibilities

• Support the design and execution of review and challenge assessments of Treasury practices against regulatory and corporate expectations.
• Support development and maintenance of review and challenge documentation, assessment procedures, meeting materials, issue logs, and governance reporting.
• Deliver assessments and risk position monitoring within established timelines for annual program opinions.
• Monitor liquidity risk exposures against limits and reperform risk appetite metrics.

Skills

Data analysis

Treasury

Risk management

Communication

Excel

Education

Degree in Finance, Economics, Engineering, or related field

CFA/FRM

Tools

SQL

Job description

Enterprise Market Risk Management - Liquidity Risk Management Treasury Oversight Analyst

Citizens Enterprise Market Risk Management, a second line Risk Management function, is looking to hire a Treasury Oversight analyst. The candidate will be part of a team supporting our independent Liquidity Risk Management and Interest Rate Risk Oversight Framework. The successful candidate will report to the Head of Treasury Risk Oversight working in coordination with Treasury teams.

The incumbent will be responsible for performing second line risk management oversight through effective review and challenge, formal assessments, and continuous monitoring related to liquidity risk management. The incumbent should have basic knowledge of liquidity risk management requirements and concepts.

Core Responsibilities:

• Support the design and execution of review and challenge assessments of Treasury practices against regulatory and corporate expectations.
• Support the development and maintenance of review and challenge documentation, assessment procedures, meeting materials, issue logs, and governance reporting related to liquidity risk oversight and Treasury practices.
• Work within established timelines to deliver assessments and risk position monitoring, which are key inputs into annual program opinions.
• Responsible for continuous monitoring of liquidity risk exposures against limits, periodically evaluating key data elements against regulatory requirements, and reperformance of risk appetite metrics.
• Support independent review of liquidity stress testing practices, in coordination with the team and model validation function.
• Identify and upscale exceptions to risk limits, policies, and procedures.
• Acting as a partner with Treasury identifying areas of improvement and achieve efficiencies.
• Effectively participate in EMRM governance and help formulate and drive EMRM strategy.
• Establish partnerships with the various stakeholders across the three lines of defense.

Qualifications:

• 2+ years of experience in Treasury, Risk, or business line related functions.
• Ability to analyze large sets of data, workflow processes, risk profiles, and concisely summarize and/or represent effectively as management information.
• Strong verbal and written communication skills are required.
• Experience related to Treasury functions in the capacity of funding/liquidity management, funds transfer pricing, or investment portfolio management is desired.
• Experienced with Excel and SQL (a plus).

Education:

• Degree in Finance, Economics, Engineering, or related field
• Relevant professional designations (e.g., CFA/FRM) are a plus.

To thrive as a colleague at Citizens, candidates must demonstrate a strong customer-centric mindset, exhibit persistence and resilience in the face of challenges, and embrace continuous learning to adapt and grow in a dynamic environment.

Hours & Work Schedule:

Hours per Week: 40+

Work Schedule: M-F 8-5

This position will work 4 days in the Boston office.

Pay Transparency

The salary range for this position is $87,000-$117,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

Citizens will not sponsor an applicant for a work visa, such as an H‑1B, for this position.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Equal Employment and Opportunity Employer

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.