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27 Oct 2022

Full-Time Principal, Market and Liquidity Risk

BNY Mellon – Posted by Mekhidae15 Pittsburgh, Pennsylvania, United States

Job Description

New York, NY, United States • Pittsburgh, PA, United States

Overview of BNY Mellon:

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.

  • Works with senior management roles to ensure that the appropriate market or liquidity risk policies, methods, standards, processes, and training are developed, applied and understood by impacted stakeholders.
  • Applies extensive knowledge of market or liquidity risk analysis, monitoring processes and in-depth knowledge of the financial industry, hedging strategies, technology and the requirements of regulatory bodies.
  • Recognized throughout the Risk organization and the business as the market or liquidity risk point of contact and subject matter expert for a particular business/business partner area. Produces (and may deliver) risk presentations to senior management and the Board of Directors of the Bank.
  • Anticipates and addresses Audit and regulatory concerns regarding the market or liquidity risk framework, governance, and operations.
  • In partnership with management, establishes the market or liquidity risk strategy for the business area(s) and is accountable for ensuring the implementation of that strategy.
  • Manages all activities related to the development and production of risk platforms and metrics. Plans and implements the risk policies and procedures and internal controls across multiple businesses and locations.
  • Discusses and negotiates technical requirements and multi-departmental solutions, designs and implements innovative, efficient, auditable processes, and documents results for all levels of management.
  • Designs solutions for trading or banking book or liquidity risk management that are aligned with evolving regulatory requirements, audit and compliance scrutiny and industry best practices.
  • No direct reports, oversees, advises and guides less experienced Market or Liquidity Risk roles and may direct their work.
  • Responsibilities are primarily specialized to address the market or liquidity risk management needs for major global initiatives, large areas of the business, specific legal entities, or material events. Modified based upon local regulations/requirements.
  • Bachelor‘s Degree or the equivalent combination of education and experience is required. Masters degree preferred.
  • Family Requirements: 10-12 years of experience in market or liquidity risk preferred.
  • Experience in financial services is strongly preferred. Background in math, statistics, finance, economics, risk management, operations research, or a similar field is preferred.

Discipline Requirements:

  • Market Risk: Ability to analyze and report on financial products and financial risk, macroeconomic issues, interest rate risk, and relevant regulation (e.g., Volcker, CCAR, DFAST, SLR, IRRBB).
  • Liquidity Risk: Ability to assist with analysis of and reporting on funding, cash flow projections, deposits (including operational and behavioral views), liquidity measures, liquidity stress testing and relevant regulation (e.g. CLAR/ILAA, LCR).

 

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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How to Apply

Copy and Paste the link to go directly to the website and apply: https://bnymellon.eightfold.ai/careers?query=29617&pid=14183117&domain=bnymellon.com

Job Categories: LGBT. Job Types: Full-Time. Job Tags: Compliance, regulatory, and risk.

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