Liquidity Stress Testing & Modeling Lead

Position Title
Liquidity Stress Testing & Modeling Lead

Location
New York/1400 Broadway/114025

Job Summary
The Liquidity Stress Testing & Modeling Lead reports to the Director of Liquidity Stress Testing and Modeling and is responsible for developing monitoring and testing plans, conducting testing activities, analyzing testing results, and implementing improvements to ensure compliance with applicable laws and regulations.

This position requires a strong work ethic, outstanding communication and interpersonal skills (particularly presentation skills), the ability to work across functions, and a deep knowledge of business, operations, and finance.

Pay Range: $117,184.74 - $155,269.79 - $193,354.83

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

• Lead the development of models used for liquidity risk stress testing and various other related reporting
• Support identification and management of data sources used for liquidity
• Perform analysis and review of internal liquidity risk stress testing related assumptions
• Maintain documentation for internal liquidity risk stress testing, including risk taxonomy, scenario design, assumption methodology, model documentation reporting, model process/procedures
• Support quantitative deliverables related to liquidity risk reporting for risk appetite measures, limits as well as ad hoc requests
• Assist with the development of staff members and strategies to optimize operational efficiency within the liquidity management function.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Economics, Engineering, or similar
• Minimum experience required: 8+ Years with Liquidity Risk modeling for a Cat IV or larger banking institution
• In depth knowledge of key liquidity regulations governing Category IV banking institutions such as Reg YY, FR 2052a, SR Letter 12-7, SR Letter 10-6 and SR Letter 12-17
• Regular interaction with governing regulatory bodies for Category IV or higher institutions and involvement in oversight examinations

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or similar

Job Competencies:

• Demonstrated ability to lead and influence change, develop innovative solutions, build effective partnerships, and manage cross-functional projects across an enterprise.
• Strong written and verbal communication skills with ability to prepare presentations for senior management
• Comfort in a fast-paced, complex environment; solves problems collaboratively through open and constructive discussion.
• Detail oriented, responsive, and proactive. Fosters clarity, transparency, consistency, and widespread understanding across the business.
• An energetic, efficient, and resourceful team player. Takes ownership of work product and delivers within tight deadlines.
• Ability to build trusted relationships with Executive Management members and the extended business and functional leaders across the company.
• Up to 10% travel
• Physical demands (ADA): No unusual physical exertion is involved.