In-Business Risk Lead Analyst - VP

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.

Responsibilities:

• Responsible for risk monitoring and analysis for Treasury, working closely with the Treasury Portfolio Managers, Treasury Risk Managers, and Treasury Finance and O&T.
• Partners with members of Treasury, Risk Management, and Finance to establish reporting requirements, develop the tools, analysis and reporting necessary to proactively identify and manage risk with respect to portfolios and products.
• Leads assessment and implementation of appropriate risk and valuation models for CTI portfolios.
• Drives strong Governance over Risk models and engages with other Treasury functions (IRRBB, Liquidity and Capital) to ensure Treasury operates within Risk Appetite.
• Conducts daily, weekly, and or monthly monitoring of Interest Rate Exposure, Economic Value Sensitivity, DV01, duration, convexity, VaR, and MTM.
• Analyzes Limit breaches, provide rationale for excesses and propose new Risk Limits and Triggers to Treasury Risk Management.
• Act as Risk Subject Matter Expert on all Business and Regulatory Transformation projects led by Treasury Global Process Owners.
• Develops a high level of expertise in the various systems Treasury uses to generate Risk and P&L information such as DP, Summit, Yield Book.
• Works with members of the various disciplines to identify ways to streamline and automate process flows in order to create more accurate and timely results, as well as improving efficiency.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Requirements:

• 3-7 years of experience within financial services or consulting with focus on Interest Rate Risk
• Strong product knowledge of structured securities, debt, derivatives, and funding instruments
• Solid understanding of valuation and risk analytics on securities and derivatives portfolios
• Strong knowledge of risk systems would be beneficial
• Good understanding of a bank’s balance sheet
• Quantitative modeling skills a plus
• Accounting knowledge of FAS133, AFS, HTM, MTM a plus
• Experience communicating with senior managers and program sponsors
• Significant intellectual curiosity and desire to learn how Treasury functions