Job details

Financial Risk Manager - Market & Liquidity (Hybrid)

Job SummarySupports the Company's Risk Management function by working with the Chief Operating Officer of Risk Management to formalize and mature the second line of defense Market & Liquidity risk management program. Ensures the program adequately identifies, assesses, measures, monitors and reports market and liquidity risks across the enterprise. Develops and maintains effective relationships with key stakeholders within the lines of business, including Treasury and other second line risk functions, such as Enterprise Risk Management.Job Duties and Responsibilities• With a high level of autonomy, conduct in-depth analysis of non-credit financial risks, including interest rate risk, foreign exchange risk, liquidity risk, and climate risk. Develop and implement risk management strategies to mitigate market and liquidity risks, ensuring compliance with regulatory requirements and internal policies.• Provides credible challenge of the control environment by performing independent assessments of regulations to current bank practices and controls/strategies.• Monitors market conditions and trends to identify potential risks and opportunities that may impact the organization's financial stability. Stays informed about industry best practices, regulatory changes, and emerging trends in market and liquidity risk management to drive continuous improvement.• Prepares reports and presentations to communicate risk assessments, findings, and recommendations to key stakeholders and senior management. Heavily participates in Market Risk Committee, a subcommittee of ALCO. Assists in evaluation and reporting of derivative counterparty risks.• Assists Chief Operating Off Risk Mgmt. in providing second line oversight and challenge of Resolution Planning processes and governance.• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.• Performs other related duties as required.The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.Synovus is an Equal Opportunity Employer supporting diversity in the workplaceMinimum Education:Bachelor's degree in Finance, Economics, Risk Management, or related field or the equivalent combination of education and experienceMinimum Experience:Five (5) plus years of experience in market and/or liquidity risk analysis (in the 1st or 2nd line of defense) within the financial services industryCertifications:none requiredRequired Knowledge, Skills, & Abilities:• Knowledge of regulatory requirements and industry standards related to market and liquidity risk management. Interest in climate risk analysis and reporting.• Ability to think strategically, demonstrating thought leadership while being capable of translating concepts into effective processes within acceptable timeframes and budgets• Strong communication and presentation skills to effectively convey risk assessments and recommendations• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment• Effective in core business skills: analysis, communication, writing, problem-solving, Microsoft programsPreferred Knowledge, Skills, & Abilities:• Experience in market risk management

Average salary estimate

$105000 / YEARLY (est.)

min

max

$90000K

$120000K

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What You Should Know About Financial Risk Manager - Market & Liquidity (Hybrid), Synovus

Are you ready to take the reins as a Financial Risk Manager - Market & Liquidity with Synovus in Birmingham, AL? This role offers a unique opportunity to dive deep into the nuances of market and liquidity risk management while making a tangible impact. Supporting the Risk Management function alongside the Chief Operating Officer, you'll help formalize an advanced risk management program that identifies and assesses non-credit financial risks, such as interest rate and liquidity risks. Your analytical prowess will shine as you develop and implement strategies that not only comply with regulatory frameworks but also enhance the organization's financial stability. Building strong relationships with key stakeholders across various business lines will be essential, as you'll collaborate closely with Treasury and Enterprise Risk Management teams. In your day-to-day, you will monitor market trends, prepare insightful reports, and present your findings to senior management, providing a clear picture of potential risks and opportunities. If you're a proactive thinker who thrives in a fast-paced environment and has a passion for navigating the complexities of risk, this is the perfect role for you. Join Synovus and bring your expertise to the forefront of risk management!

Frequently Asked Questions (FAQs) for Financial Risk Manager - Market & Liquidity (Hybrid) Role at Synovus

What are the main responsibilities of a Financial Risk Manager - Market & Liquidity at Synovus?

As a Financial Risk Manager - Market & Liquidity at Synovus, your primary responsibilities include conducting comprehensive analyses of non-credit financial risks, developing and executing risk management strategies, and ensuring compliance with regulatory standards. You will also be involved in preparing reports and presentations for senior management to communicate risk assessments, thus playing a pivotal role in the company's risk governance.