Senior Liquidity Risk Specialist
1 month ago
Job Overview:
Empirical Search Limited is seeking a seasoned Senior Liquidity Risk Specialist to join our team in London. As a key member of our Global Risk Oversight Team, you will play a critical role in providing independent risk oversight of liquidity risk management and measurement.
About the Role:
- Liquidity Risk Oversight: Develop and execute a comprehensive program of liquidity second-line defense, working closely with Global Treasury to ensure appropriate measurement, monitoring, and management of liquidity and key liquidity metrics.
- Process Review and Challenge: Provide independent and effective review and challenge of key liquidity processes, including ILAAP, Recovery and Resolution Planning, and liquidity programs of work.
- Stress Testing: Review stress testing processes as it pertains to liquidity, including scenarios and assumptions made on liquidity of assets and liabilities.
- Risk Management Policies: Review liquidity risk management policies, limits, standards, controls, metrics, and thresholds to ensure they are within defined corporate standards approved by the Board and ALCO.
- Enterprise Governance: Review Front Line Units and Enterprise governance processes to ensure liquidity risk is managed in accordance with the firm's Risk Appetite and proper risk framework is deployed.
- Cross-Functional Collaboration: Work with Finance, Risk, and Markets Treasury to ensure requisite support for activities, including consistencies in framework, methodologies, and reporting.
- Relationship Building: Build relationships with diverse stakeholders across Risk, Group Treasury, ALCM, Markets Treasury, and front-line businesses.
Requirements:
- Practical experience of liquidity risk management within a large international financial institution.
- Working across all levels of an organization to understand cross-functional linkages and interdependencies.
- Good knowledge of vanilla and complex derivative markets products and relevant traded markets.
- Experience in addressing regulatory and audit requests.
Location: London
Salary Range: £80,000 - £110,000 per annum
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