Liquidity Risk Manager - Global Risk

  • 50-70,000 + Bonus + Benefits
  • Hong Kong
  • CDI, Plein-temps
  • Stirling Andersen , Numéro de Licence EA : 16S8094
  • 17 nov. 17 2017-11-17

Responsibility for providing independent risk oversight of liquidity risk management for this global bank covering Asia Pacific, with an initial focus on Hong Kong.

Principal responsibilities 

  • Leverage local country Operational Risk and regional Operational Risk resources where appropriate to deliver oversight over the use and embedding of the Operational Risk Management Framework by the Three Lines of Defence.
  • Execute a comprehensive and granular programme of liquidity and second line of defence and ensure that the system is performing as designed.
  • This role requires deep understanding of liquidity risk, funding products and tools employed to manage Enterprise wide liquidity risk.
  • Understanding of its sources and uses, resulting risks, and the reporting, governance and processes employed to manage liquidity risk.
  • Support the build out of an effective Liquidity risk management second line function.
  • Review entire stress testing process as it pertains to liquidity including but not limited to the scenarios that are chosen for the stress tests and assumptions made on liquidity of both assets and liabilities. Perform and document independent analysis on the assumptions to ensure independent viewpoint. Support and refine existing stress model assumptions and controls  including their limits, guidelines, and model framework.
  • Provide analytical support to generate an independent viewpoint and document appropriate challenges particularly relating to independent testing of assumptions.
  • Reviews both liquidity risk management policies, limits, standards, controls, metrics and thresholds and ensures they are within the defined corporate standards approved by the Board and ALCO. This includes annual reviews of the Contingent Funding plan.
  • Review Front Line Units and the Enterprise's governance processes to ensure Liquidity Risk taken is in accordance with the corporation's Risk Appetite and that the proper risk framework is deployed to measure, monitor and control the risk
  • Keep current on regulations relating to Liquidity Risk management issued and reviewed by the PRA, Basel committee on Banking Supervision, and any other relevant regulator.
  • Participate in data analysis and material preparation for regulatory exams and ad hoc analysis.
  • Role also requires a fundamental understanding of all business line activities carried out within the Global Banking and Markets business line.
  • Partner with control functions to leverage reports, routines, processes and systems.
  • Development and implementation of effective processes systems supporting risk strategy
  • Development of efficient and streamlined liquidity processes.
  • Requires close coordination and good negotiation skills.
  • In addition, the jobholder is expected to be organized and to act independently and exercise broad discretion with minimal guidance and supervision

Requirements ​

  • Demonstrated business knowledge, ideally from first hand trading experience of the majority of the products used to manage liquidity.
  • Practical experience of running a balance sheet within the group, either at branch level or as part of larger Balance Sheet Management  desk, or its equivalent at a rival bank.
  • Practical experience of funding gaps and the importance of liquidity management.
  • Exposure to demanding operational environments to gain insight into effective risk management applications.
  • Working across all levels of an organisation to understand cross functional linkages and interdependencies, as well as the implications of risk at both a strategic level and at the business unit level.
  • Good knowledge of vanilla derivative markets products and relevant traded markets.
  • Working knowledge of complex derivative markets products and relevant traded markets.
  • Understanding how a bank squares its balance sheet and the demands this puts on the liquidity and identifying uses of the balance sheet.
  • Good knowledge of cross market funding, and asset transformation.
  • Good understanding of credit risk, the cost of credit, and the effects of limiting credit.
  • Proven technical competency with system infrastructure.