Specialist, Market and Liquidity Risk

Specialist, Market and Liquidity Risk Specialist, Market and Liquidity Risk

Overview

ABOUT BNY MELLON

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations, or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2021, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

• Ensures counterparty credit risk data analysis, reporting and monitoring are sound, accurate and being completed effectively and in a timely manner. Assigned business/business partner areas are typically medium to large in size and moderately complex. Applies knowledge of counterparty credit risk management best practices and financial markets in support of analyzing, monitoring and measuring risk. Responsible for the daily interactions with other departments when investigating and validating reported changes in risk. Recognized as the counterparty credit risk point of contact within the assigned business/business partner areas.
• Handles counterparty credit risk data analysis, reporting and monitoring and completes data sourcing, data aggregation and data management for the business(es) supported and for counterparty credit risk management, ensuring accuracy and correctness; develops appropriate tools, partnering with Technology where needed. Contributes to the establishment of the counterparty credit risk strategy for the business/business partner area and is responsible for ensuring the implementation of that strategy. Partners with the business to help them achieve their objectives within the Risk Appetite of the firm.
• Assists in the development and implementation of tools and procedures to measure and monitor multiple risks hierarchically and across the entire organization.
• Leads the interaction with technology staff in the development of new risk analysis, platform and data initiatives, and testing of modifications to the risk tools and processes.
• Supports senior staff in interactions with business partners, to review collateral requests and investigate and document limit excesses, breaches, and breach remediation in compliance with prescribed policies.
• Begins to build strategic relationships to influence at all levels of the organization. Liaises with internal and external auditors and regulators to ensure compliance to prescribed standards.
• No direct reports; provides technical advice/guidance to less experienced counterparty credit Risk roles as needed.
• Responsibilities are primarily limited to assigned business/business partner areas. However, tasks may produce cross-regional impacts.

Qualifications:

• Bachelor’s Degree or the equivalent combination of education and experience is required.
• 5-7 years of experience in counterparty credit risk preferred.
• Experience in financial services is preferred.
• Background in math, statistics, finance, economics, risk management, operations research, or a similar field is preferred.

Discipline Requirements:

• Counterparty Credit Risk: Ability to analyze and report on financial products and financial risk, macroeconomic issues, interest rate risk, and relevant regulation (e.g. SCCL, CCAR, DFAST).

Our offer:

• Full time contract of employment
• City Centre locations close to main railway station and flexible working arrangements
• Flexible benefits package, including life and medical insurance, health screening, fitness discount programme, employee assistance program
• Award-winning Wellbeing Program supporting you with your unique health and wellbeing needs
• Pension scheme
• On-site childcare and a parental buddy programme
• Exciting opportunities for career and global mobility
• Diverse and inclusive environment
• Employee Referral Program
• Recognition programmes