VP/Director - Interest Rate Risk (IRRBB)

Selby Jennings; New York (NY); On-site; USD 185,000 - 250,000; Full time

Job summary

A Tier 1 American Investment Bank seeks an AVP - Market Risk and Treasury to manage Interest Rate Risk within US Legal Entities. Candidates should have 8+ years in ALM or IRRBB functions. Responsibilities include developing the Risk framework and engaging with regulators. This role offers a competitive salary range of $185,000 - $250,000 per year.

Qualifications

• 8+ years in IRRBB, Treasury, or ALM function.
• Familiarity with NII, EVE, and other metrics.
• Deep understanding of US regulations.

Responsibilities

• Develop the firmwide Interest Rate Risk framework.
• Maintain and develop Stress Tests.
• Monitor metrics related to NII and EVE.
• Engage with regulators and lead initiatives.
• Perform quantitative analytics for Stress Tests.

Skills

Interest Rate Risk metrics

Quantitative analysis

Large data sets handling

Knowledge of Traded Products

Job description

Overview

AVP - Market Risk and Treasury at Selby Jennings. A Tier 1 American Investment Bank is looking to hire a VP/Director level candidate on their IRRBB Management team to oversee Interest Rate Risk arising within their US Legal Entities. This individual will sit in the greater Corporate Treasury function and provide Interest Rate Risk Oversight over the firm's activities in relation to the banking book, markets activity, and lead initiatives relating to the firm's buildout of their IRRBB Team.

The firm is targeting individuals with 8+ years working in an IRRBB, Treasury, or ALM function and is known for its strong culture and work-life balance.

Base pay

Base pay range: $185,000.00/yr - $250,000.00/yr

Responsibilities

• Assist in the development of the firmwide Interest Rate Risk framework
• Maintain and develop Stress Tests to evaluate the effectiveness of the Interest Rate Risk Framework
• Monitor and evaluate various metrics related to NII and EVE
• Engage with internal and external regulators and lead the firm's regulatory initiatives
• Perform quantitative analytics in response to Stress Tests such as NII forecasting, and deposit studies

Qualifications

• 7+ years working in a 1LOD or 2LOD ALM/IRRBB function
• Familiarity with NII, EVE, and other Interest Rate Risk Metrics
• Ability to work with large data sets, and perform quantitative analysis
• Knowledge of Traded Products (Rates, FX, Equities, Commodities, etc.)
• Deep understanding of US Regulations for Interest Rate Risk, Balance Sheet Management, and Capital Adequacy

Seniority level

• Director

Employment type

• Full-time

Job function

• Finance
• Industries: Investment Banking

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