US Liquidity Risk Officer

UBS - New York, NY (30+ days ago)3.9

We are looking for a risk officer to oversee Liquidity & Funding risk on the Treasury Risk Control (TRC). The responsibilities include:
1. Oversee the firm's global liquidity and funding risk profile, especially with the sizing of the Liquidity Portfolio and funding of large business transactions for the private bank and investment bank
2. Provide an independent opinion and assessment of any future funding needs using tools such as liquidity buffer sizing, operational cash ladder (OCL), liquidity stress testing (LST), and other regulatory metrics such as LCR and NSFR
3. Research and analyze the current funding positions and understand global regulatory requirements to challenge model assumptions based on the changing funding needs of business activities
The Liquidity & Funding TRC team is based in New York City with a flat organizational structure that encourages career growth and critical independent thinking.
TRC is a second-line of defense function that directly reports into the Chief Risk Officer to understand potential funding needs and liquidity buffers of the bank. The Liquidity & Funding TRC team provides independent thinking and challenge to key liquidity model assumptions.
You can expect 1) Each team member will take ownership and assist others on a number of workstreams (assessment of new business initiatives such as new products, liquidity stress testing, intercompany funding transactions, trapped liquidity, contingency funding plan, and resolution planning) from a liquidity and funding perspective. You should be willing to work independently on projects without supervision while collaborating with the broader team to share expertise and deliver high quality analysis 2) You will be expected to manage a team that oversees all legal entities within the Americas IHC (Intermediate Holding Company) along with USD-denominated funding globally. As a result, there are constant interactions between Group Treasury, Global Asset Liability Management (GALM), Repo Funding, Finance, Quantitative Modeling, and the various business units that originate loans/mortgages and deposits 3) A passion to deliver individual high quality analysis and best-in-class metrics by going the extra mile to deliver on deadlines while striving to create a strong collaborative team environment
1. A bachelor's degree is required, with preference to a quantitative or finance-related focus (such as Economics, Finance, Accounting, Engineering, Math, Financial Engineering, Statistics). A master's degree (such as an MBA) is preferred.
2. Interest in liquidity risk management and the interplay between liquidity providers (ex. long term debt issuance) and liquidity users (ex. Loans desk, investment portfolio) within a banking institution
3. Ability to communicate key drivers of the Americas-wide liquidity profile by summarizing major business activities to senior management and the CRO, by questioning how individual transactions are funded and the impact to the overall profile
4. Overall balance sheet knowledge is required. Some knowledge of liquidity risk management and liquidity metrics is preferred (such as LCR, NSFR, Liquidity Stress Testing, Liquidity Modeling, CCAR/CLAR). Experience in interest rate risk such as EVE, NII and QRM would also be considered an asset.
5. Advanced Word, Excel, Excel VBA, Powerpoint skills, database skills such as SQL, a qualification such as CFA, PRM, FRM would be considered a strong asset
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