Global Liquidity Management

Our client operates in the Financial sector, with its headquarters rooted strongly in the United States. It has its branches spread to more than 160 countries, providing employment to more than 200k people all over the world. They fall in the Top 15 largest Banks in the United States. Its core business is to provide various Banking and Financial services to its clients. It is known to have one of the biggest balance sheet banks in the world (among others) aiding it to offer 360-degree financial services to its clients.

Overview:

• The individual will work in the Global Liquidity Management (GLM) team within Treasury Global Function. 
• The GLM team is responsible for establishing the framework for sizing liquidity requirements, including the internal stress testing framework and interpreting regulations in conjunction with other stakeholders within and outside Treasury function, providing liquidity oversight to global entities, and ensuring that maintains adequate liquidity appropriately positioned to meet the Company’s global needs both in normal market conditions as well as during periods of stress.
• The Liquidity Reporting Controllers team within GLM leads the Company’s liquidity regulatory reporting oversight and initiatives as well as liquidity issues management. 
• The team focuses primarily on the FR 2052a reporting and all related aspects including (1) development and maintenance of regulatory interpretations; (2) liquidity regulatory reporting implementation logic; (3) FR 2052a reporting oversight; (4) risk-based transaction testing; (5) liquidity data management including data requirements and issues management; and (6) control frameworks and policies/standards related to liquidity regulatory reporting.

Responsibilities:

• Participate in the data requirements and issues management process for liquidity regulatory reporting including FR2052a
• Participate in the design of liquidity data and reporting infrastructure
• Generate impact assessments across liquidity metrics (LCR, NSFR, internal stress testing metrics) for top liquidity data issues to drive issue prioritization.
• Participate in the design of detective and preventative controls around liquidity data to support data accuracy, completeness, and timeliness
• Support committee discussions and working groups that would review and approve liquidity issue remediation and prioritization
• Help implement recommendations against liquidity data quality issues that may influence balance sheet and liquidity optimization across legal entities and businesses

Requirements: 

Specialized Skills:

• The ideal candidate should have in depth knowledge of the FR2052a reporting, be eager to lead the work associated with data requirements and issues management, be a change-agent to effectively implement process improvements and help the team execute towards the target state.
•  The candidate will need to have a working knowledge of regulatory reporting such as FR 2052a and liquidity concepts outlined in US Liquidity Coverage Ratio (LCR) and US Net Stable Funding Ratio (NSFR). 

Successful Candidates Will Be: 

• Experienced in a transformation environment including process and technology change management
• An Innovative self-starter with the ability to work in a high-energy, complex environment supporting cross-functional teams and taking ownership to execute deliverables
• A Team player with ability to collaborate well with others across different seniority levels
• Analytical, strategic, and a proactive problem-solver
• Detail-oriented and have the ability to convey complex ideas in a concise manner (verbal, written, and visual/graphical)
• Active listeners with a passion and commitment to learning and delivering results

Basic Qualifications: 

• At least 3 years of experience within financial services within regulatory reporting, data management or liquidity management experience, preferably in Data Management, Controllers, Treasury or a Business with an understanding of liquidity-based data, metrics, regulatory reporting, analytics, and applicable regulations
• Bachelor’s degree

Preferred Qualifications: 

• Master’s Degree
• CFA or FRM Designation
• At least 6 years of experience within financial services within regulatory reporting, data management or liquidity management experience, preferably in Data Management, Controllers, Treasury or a Business with an understanding of liquidity-based data, metrics, regulatory reporting, analytics, and applicable regulations such as US LCR, US NSFR, and FR 2052a reporting