Our client, a growing regional bank, is looking for a VP, Market & Liquidity Risk to join their growing team.
10th January, 2020
Location(s): Dallas, TX or Tulsa, OK
Job Synthesis & Description
Our client, a growing regional bank, is looking for a VP, Market & Liquidity Risk to join their growing team. In this role, you will be responsible for the Bank's second line of defense Market, Liquidity, Counterparty, and Secondary Markets Risk Management program. Acts as the oversight function and establishes strategies, analysis, policies, response plans, and provides guidance for potential risk issues companywide. You will partner closely with the management team and works with internal teams to identify, mitigate risk exposure as the subject matter expert.
Oversees the Market Risk management function, including independent reviews of key assumptions and model usage, hedging effectiveness and strategies, investment portfolio, and market risk framework and policy.
Oversees the administration of the Liquidity Risk management function, including independent reviews of liquidity stress testing methodology and assumptions, contingency funding plan, and liquidity risk management framework and policy.
Oversees the ad-hoc analysis to credibly challenge or support opinions of the first line of defense.
Supports the strategy for the design and implementation of the firm's financial (i.e. non-credit) risk appetite.
Establishes policies for operating within risk thresholds as approved by the BOD and Audit & Risk Committee.
Plans, builds, and executes a response plan for real-time risk issues.
Works closely with the rest of the executive team to set, assess, and develop a capital market and liquidity risk strategy.
Partners with internal teams to provide guidance and education for balancing user friction with growth objections and regulatory requirements.
Serves as the key subject matter expert in market and liquidity risk across the company and with external partners.
Ensures Market Risk and Liquidity Risk management processes follow regulations, including Volcker Rule and Enhanced Prudential Standards.
Participates in the department hiring, promotion, and review process while managing, mentoring and improving support staff performance. Coaches and develops team to ensure we are meeting the needs of the company.
Performs related responsibilities as required or assigned.
Advanced knowledge of markets, liquidity, secondary marketing, and counterparty policies, procedures, and processes.
Advanced knowledge of interest rate, FX, and equity risk, including models and key assumptions for both mortgage and wholesale banking as well as investment products.
Advanced knowledge of key risk regulatory matters.
Excellent interpersonal, written, oral, and presentation skills.
Proficient in Microsoft Office applications (Word, Excel, & Outlook).
Ability to synthesize information and make clear, concise recommendations on a course of action as well as refute or support opinions.
Ability to influence and interface effectively with all levels of management
Ability to understand and explain complex issues and the ability to compromise and negotiate with senior leaders and peers.
Exemplifies the Client Values: Growth-Oriented, Make a Difference, "Get it Done" Attitude, Team Player, Street Smart
Bachelor's Degree in Accounting, Business, Economics, Finance, Statistics or related discipline.
10+ years of experience managing risk across capital markets, liquidity, counterparty, and secondary markets.
10+ years growing and developing high impact teams at scale.
5 years of leadership experience.
Experience in preparing and presenting materials to an executive-level audience.
Prefer the following designations; FRM, CFA, CERP, Capital Markets Professional Certificate