Liquidity Risk Manager # 110974

Credit Suisse -
London, United Kingdom
May 04, 2018
May 08, 2018
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
We Offer
The Risk Division is a highly visible, dynamic area of the firm where you can be an integral part of the decision making that supports the bank's business. Our responsibilities range from Enterprise Risk management to risk and finance reporting, and regional risk teams covering the risk management for our entities. The Risk division's long-term success depends on our ability to achieve our vision and fulfill our mandate. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a collaborative and entrepreneurial environment that offers direct contact with senior management and encourages leadership at all levels.

Liquidity Risk EMEA is responsible for 2nd line of defense risk management for Liquidity Risk. It provides oversight to EMEA Treasury's and the business divisions' liquidity risk management practice by reviewing the development and reporting of key liquidity risk indicators on an ongoing basis and by monitoring the adherence to their active risk controls. The team assesses and oversees funding liquidity risks on a strategic basis, recommending corrective actions where necessary to Treasury. The function takes into account the liquidity aspects of the current situation as well as the forward looking aspects and key vulnerabilities. It executes its mandate across the following pillars:
  • Risk Controls (Monitoring / Oversight)
  • Governance
  • Stress Testing (Methods, Models, Assumptions)
  • Methodology

Key job responsibilities include:
  • Supporting the liquidity risk appetite process
  • Responsibility for analyzing risk exposures and limit excesses in a timely fashion
  • Assessing and overseeing additional stress analyses
  • Engaging with and challenging the Front Office with respect to risk taking activities, limit excesses, forecasting, advising the Front Office on excess remediation and enforcing timely excess risk sign-off and remediation
  • Participating in Pre-trade Approval and New Business processes
  • Identifying and reporting new risk factors where required; engaging with & supporting the Liquidity Methodology team where required
  • Completing the annual review and write-up of the Internal Liquidity Assessment and Measurement Process (ILAAP), describing the various models and methodologies
  • Developing & maintaining a robust understanding of relevant industry standards and regulatory requirements and expectations for a liquidity risk function and ensuring that these requirements are met in area of responsibility
  • Responsibility for adequate and effective line controls in area of responsibility and for promptly raising control issues
  • Implementing or supporting the implementation of audit and regulatory issues relevant to area of responsibility within agreed upon time frame

Open to discussing flexible/agile working.

You Offer
  • She / he will have a university degree, preferably in Finance, Quantitative subject or equivalent work experience
  • Postgraduate degree and/or a professional qualification (ACT, CFA, FRM) is considered a plus
  • MS Excel, VBA and MS PowerPoint skills a plus
  • You will have extensive experience in a relevant Treasury and/or Liquidity Risk work experience or other relevant role
  • Ability to work independently
  • Understanding of regulatory requirements for Liquidity Risk and risks of financial instruments