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Director - Liquidity Stress Testing & Modeling

Position TitleDirector - Liquidity Stress Testing & ModelingLocationWork From Home United StatesJob SummaryThe Director of Liquidity Stress Testing & Modeling reports to the Head of Liquidity Management and leads a team 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: $165,621.11 - $223,588.49 - $281,555.88Pay Range: Local Minimum Wage - $0.00 - $0.00Job Responsibilities:• Lead development and ownership 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.• Ownership of all 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.• Develops staff members and implements strategies to optimize operational efficiency within the liquidity management function. Responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.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.JOB REQUIREMENTSRequired Qualifications:• Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Economics, Engineering, or similar.• Minimum experience required: 12+ 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.

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$124000 / ANNUAL (est.)
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$87K
$161K

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To create a one-of-a-kind banking experience grounded in relationships, nurtured through service, and measured by results. Our STAR Values of Service, Trust, Accountability and Results are reflected in our daily work, our recognition programs, an...

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Full-time, remote
DATE POSTED
September 12, 2024

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