Head of Liquidity Risk Management

2 days ago

London, United Kingdom Jefferies Full time

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Job Description

Team

The Global Risk Management team is based across the New York, London, Frankfurt and Asia offices and comprises subject matter experts across all product areas. The Liquidity Risk function forms part of the International Risk Department regionally and the Global Risk Department globally.

Role

Jefferies International Limited (JIL) is looking to hire a JIL Head of Liquidity Risk Management to join the Risk Management organisation. The role will be based in either London or Frankfurt, with responsibilities for second line liquidity risk management of trading activity outside Americas. The primary responsibility of this Risk Manager will be to act as the counterpart to regional treasurers and to oversee as part of the newly created global liquidity risk function. The individual will work closely with regional Treasury, Front Office, Risk Controllers, Risk Managers, Risk Analytics team and other corporate functions. The responsibilities will comprise BAU liquidity risk management activities, new business proposals, methodology development, including liquidity stress testing & scenario analysis and executing specific projects, which will encompass regulatory initiatives.

Key Responsibilities & Activities:

  • Establish a JIL Liquidity Risk Management function as the 2nd line of defense (LOD) and provide independent review, challenge and oversight on processes and methodologies consistent across JIL's legal entities.
  • Act as 2nd LOD overseeing the implementation of regional liquidity risk management framework, monitoring liquidity and funding adequacy, ensuring overall liquidity risk is in line with the Firm's risk appetite.

Risk Appetite & MI

  • Independent review and challenge on transparency, clarity and governance of the Risk Appetite Framework and MI metrics (incl. Early Warning Indicators) for Liquidity Risk, ensuring monitoring under an appropriate governance framework with appropriate escalation of any non-compliance.

Governance & Documentation

  • Development and Implementation of a regional liquidity risk management framework, policies/procedures and controls incl. risk appetite framework and statements, and liquidity risk limits.
  • Independent review and challenge to confirm that the documentation underpinning the Liquidity Management Framework, including modelling, is robust and fit for purpose.
  • Attendance at the regional ALCO and other Committees.

Model (Validation) Framework

  • Development and implementation of governance framework on (Treasury owned) models, non-model estimates, and other infrastructure/tools to assess and monitor liquidity risk.
  • Independent review and challenge of non-model estimates.
  • Technical model/tool validation of the Treasury infrastructure for quantifying liquidity risk and attributing FTP.
  • Ensuring a globally consistent stress testing framework has been designed and implemented that meets both internal and external regulatory requirements.

Legal Entity Level

  • Responsibility for review and challenge to the ILAAP process and other key Committees.
  • In relation to the Recovery Plan, review and challenge the governance arrangements developed by Treasury; lead the development and maintenance of stress testing and scenario analysis for the Recovery Plan.
  • Manage and provide guidance to other members of the liquidity risk team.

Person Specification

  • Strong quantitative academic background with ideally a (postgraduate) degree in mathematics or similar.
  • Strong Treasury experience and/or market facing experience in Equity and Fixed Income market risk management.
  • In-depth knowledge of equity & fixed income trading products and markets.
  • Solid understanding of liquidity risk measurement methodologies (incl. scenario analysis and stress testing).
  • Experience of new product/business development due diligence and related testing.
  • Knowledge of local regulatory environments as this pertains to liquidity risk.
  • Experience of performing due diligence on trades and their impact on liquidity.
  • Experience of managing and developing risk appetite/limits.
#J-18808-Ljbffr

  • Head of Liquidity Risk Management

    2 months ago

    London, United Kingdom Jefferies Full time

    Team The Global Risk Management team is based across the New York, London, Frankfurt and Asia offices and comprises subject matter experts across all product areas. The Liquidity Risk function forms part of the International Risk Department regionally and the Global Risk Department globally. Role Jefferies International Limited (JIL) is looking to...

  • Head of Liquidity

    6 months ago

    London, United Kingdom The Risk Partners London Full time

    **Salary**:Up to QAR55,000.00 per month (tax-free) **Our Client**: We are working with a world-renowned Corporate Bank, who are looking to recruit an experienced Liquidity Risk professional from the London market to work in their Qatar-based head office. **The Requirements**: - Proven liquidity risk expertise in developed markets (EU/UK/SG/US) for a...

  • Head of Liquidity Risk Management

    5 days ago

    London, United Kingdom Jefferies Full time

    This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board. Job Description Team The Global Risk Management team is based across the New York, London, Frankfurt and Asia offices and comprises subject matter experts across all product areas. The Liquidity Risk function forms part of the International Risk...

  • Head of Prudential and Liquidity Risk

    4 months ago

    London,, UK, United Kingdom Saxton Leigh Full time

    THE COMPANY:We are delighted to be working with a great client who specialise in corporate banking, with a global presence. They are looking for a Prudential Risk Manager/ Head of Market and Liquidity Risk for their London team. THE RESPONSIBILITIES:Managing the end-to-end regulatory documents process (author and review) – covering ICAAP, ILAAP, Recovery...

  • Head of Prudential and Liquidity Risk

    4 months ago

    London, United Kingdom Saxton Leigh Full time

    THE COMPANY:We are delighted to be working with a great client who specialise in corporate banking, with a global presence. They are looking for a Prudential Risk Manager/ Head of Market and Liquidity Risk for their London team. THE RESPONSIBILITIES:Managing the end-to-end regulatory documents process (author and review) – covering ICAAP, ILAAP, Recovery...

  • Head of Prudential and Liquidity Risk

    4 months ago

    London, United Kingdom Saxton Leigh Full time

    THE COMPANY:We are delighted to be working with a great client who specialise in corporate banking, with a global presence. They are looking for a Prudential Risk Manager/ Head of Market and Liquidity Risk for their London team. THE RESPONSIBILITIES:Managing the end-to-end regulatory documents process (author and review) – covering ICAAP, ILAAP, Recovery...

  • Head of Market

    1 month ago

    London,, UK, United Kingdom IPOE Consulting Full time

    Prestigious International Bank based in the West End of London, are looking to recruit a Prudential Risk Manager / Head of Market and Liquidity Risk, to join their London team.The role is responsible for managing the end to end process of origination, review and update of the Bank’s regulatory documents (such as ICAAP, ILAAP, Recovery Plan, Pillar 3) and...

  • Head of Market

    2 months ago

    London, United Kingdom IPOE Consulting Full time

    Prestigious International Bank based in the West End of London, are looking to recruit a Prudential Risk Manager / Head of Market and Liquidity Risk, to join their London team.The role is responsible for managing the end to end process of origination, review and update of the Bank’s regulatory documents (such as ICAAP, ILAAP, Recovery Plan, Pillar 3) and...

  • Head of Market

    1 month ago

    London, United Kingdom IPOE Consulting Full time

    Job Description Prestigious International Bank based in the West End of London, are looking to recruit a Prudential Risk Manager / Head of Market and Liquidity Risk, to join their London team. The role is responsible for managing the end to end process of origination, review and update of the Bank’s regulatory documents (such as ICAAP, ILAAP, Recovery...

  • Head of Market

    2 months ago

    London, United Kingdom IPOE Consulting Full time

    Prestigious International Bank based in the West End of London, are looking to recruit a Prudential Risk Manager / Head of Market and Liquidity Risk, to join their London team.The role is responsible for managing the end to end process of origination, review and update of the Bank’s regulatory documents (such as ICAAP, ILAAP, Recovery Plan, Pillar 3) and...

  • Head of Market

    2 months ago

    London Area, United Kingdom IPOE Consulting Full time

    Prestigious International Bank based in the West End of London, are looking to recruit a Prudential Risk Manager / Head of Market and Liquidity Risk, to join their London team.The role is responsible for managing the end to end process of origination, review and update of the Bank’s regulatory documents (such as ICAAP, ILAAP, Recovery Plan, Pillar 3) and...

  • Head of Liquidity

    6 months ago

    London, United Kingdom LegalAndGeneral Full time

    **Company Description** Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes. It’s up to us in **L&G Group functions** - which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all...

  • Market and Liquidity Risk Manager

    3 weeks ago

    London, Greater London, United Kingdom IPOE CONSULTING LIMITED Full time

    IPOE Consulting Limited is looking for a highly skilled Prudential Risk Manager / Head of Market and Liquidity Risk to lead their London-based team.The successful candidate will be responsible for:Reviewing and updating regulatory documents (ICAAP, ILAAP, Recovery Plan, Pillar 3)Implementing risk management strategies to mitigate market and liquidity...

  • Liquidity Risk Manager

    1 week ago

    London, United Kingdom Eames Consulting Full time

    Position: Liquidity Risk ManagerEmployment Type: PermanentCompensation: £80,000 per annum + £14,000 bonus targetLocation: London – 3 days a week office basedEames Consulting are on the lookout for a talented Liquidity Risk Manager to join a trusted company that is at the heart of the global FX ecosystem, based in London.The purpose of this role will be...

  • Liquidity Risk Manager

    1 week ago

    London Area, United Kingdom Eames Consulting Full time

    Position: Liquidity Risk ManagerEmployment Type: PermanentCompensation: £80,000 per annum + £14,000 bonus targetLocation: London – 3 days a week office basedEames Consulting are on the lookout for a talented Liquidity Risk Manager to join a trusted company that is at the heart of the global FX ecosystem, based in London.The purpose of this role will be...

  • Liquidity Risk Management Leader

    3 weeks ago

    London, Greater London, United Kingdom Jefferies Full time

    Job TitleLiquidity Risk Management LeaderAbout JefferiesWe are a leading global investment bank and asset management firm. Our clients range from individuals to governments, institutions, and corporations.Job DescriptionWe are seeking a highly skilled and experienced individual to lead our Liquidity Risk Management function. As a key member of the Global...

  • Senior Liquidity Risk Manager

    3 weeks ago

    London, Greater London, United Kingdom Wintermann Search Full time

    Job Title: Senior Liquidity Risk ManagerAbout Wintermann Search: We are a leading recruitment agency specializing in financial services, and we have partnered with a global bank to find the perfect candidate for this exciting opportunity.Job Summary:The Senior Liquidity Risk Manager will play a crucial role in supporting the management of liquidity risks and...

  • Risk Management Expert

    3 weeks ago

    London, Greater London, United Kingdom Jefferies Full time

    About JefferiesWe are a leading global investment bank and asset management firm. Our clients range from individuals to governments, institutions, and corporations.Job OverviewWe are seeking a highly skilled and experienced Global Liquidity Risk Strategist to join our team. The successful candidate will be responsible for developing and implementing our...

  • Head of Community

    1 month ago

    London, United Kingdom LIQUiDITY Group Full time

    Liquidity Group is the largest science-driven financial asset management firm in the world. With $2.3bn AUM across funds focused on North America, Asia-Pacific, Europe and the Middle East, Liquidity Group operates globally with offices in Tel-Aviv, Abu Dhabi, New York, London, Singapore, Tokyo, Mumbai, Boston & San Francisco.The firm’s patented machine...

  • Strategic Liquidity Risk Manager

    3 weeks ago

    London, Greater London, United Kingdom Empirical Search Limited Full time

    Empirical Search Limited is seeking a skilled Liquidity Risk Specialist to join their EMEA Treasury function in the Liquidity team.About the RoleThe ideal candidate will possess a deep understanding of liquidity metrics and risk management, with experience in providing transparency into business drivers and identifying core liquidity requirements.Key...