Senior Liquidity Risk Specialist
Bank of America
full-time
Posted on:
Location Type: Hybrid
Location: Charlotte • New Jersey, New York, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $84,200 - $125,000 per year
Job Level
Senior
About the role
- Active Liquidity Risk management through engagement with Corporate Treasury Liquidity Management, LOB Risk and the FLUs
- Identification of Risks, including severity and likelihood as well as review & challenge the Line of Business
- Define the Liquidity Risk Limits and Early Warning Indicators (EWI); up-front engagement of Liquidity Risk & LOB team and approval via senior executives
- Monitor and notify or escalate limit breaches and EWIs triggered
- Coordination and independent challenge of liquidity assumptions / interpretations including Internal Stress Assumptions, Liquidity Coverage Ratio (LCR)
- Participation in Liquidity Stress Modelling process including preparation of a Risk Point of View prior to approval of assumptions by the Market and Liquidity Risk Committee
- Ensure limits are set based on specific analysis of the risk factors or are in line with the Liquidity Stress tests.
- Lead Independent Risk assessments of the liquidity risk management framework
- Support corporate-wide liquidity related initiatives and serve as a Subject Matter Expert on Equity and Financing-related liquidity topics.
Requirements
- Strong technical and analytical skills (including both analysis of financial data and written reports)
- Intellectual curiosity and learning agility to accurately interpret, understand and evaluate a variety of risks across multiple risk types and interconnectivity between risk types
- Ability to utilize sound business judgment and tailor approach to drive optimal business outcomes
- Must demonstrate resilience and ability to recover quickly from setbacks.
- Ability to communicate with SMEs as well as senior management and adapt message accordingly.
Benefits
- This role is currently benefits eligible.
- We provide industry-leading benefits.
- Access to paid time off.
- Resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
liquidity risk managementliquidity coverage ratio (LCR)liquidity stress modellingrisk assessmentfinancial data analysisrisk point of view preparationearly warning indicators (EWI)limit breach monitoringstress test analysis
Soft skills
analytical skillsintellectual curiositylearning agilitybusiness judgmentresiliencecommunication skillsadaptability