Market Risk Mgr
Market Risk Mgr - Treasury (Job Number: 1313160)
Description
Treasury Risk Management provides an independent market risk review of the balance sheet and liquidity risks managed by the Corporate Treasury group of The Bank of New York Mellon Company. The risk reporting role is a key link between trading staff, management, financial control, quantitative modeling, internal/external audit, and regulatory bodies. The major responsibilities include reviewing asset and liability management and liquidity analytics, monitoring the investment portfolio, conducting risk assessments of new investments/initiatives and monitoring compliance within risk guidelines. Role at this level requires thorough understanding of financial markets, investment products and the requirements of regulatory bodies and internal/external auditors related to Liquidity and ALM . Through collaboration with senior management this role will monitor the interest rate risk, liquidity risk and investment portfolio risk in accordance with the risk appetite of the Company. This function will implement procedures to measure and monitor multiple risks, requiring a constant balance between breadth and depth of focus. Liaise with internal clients regularly as to the impact of business initiatives, operating environment changes, and evolving regulatory reporting requirements. Knowledge of complex trading products, portfolio management and hedging strategies, and collaborating with asset and liability managers, portfolio managers and quantitative staff are an important part of this position. The continuous priority balancing between tactical (daily) responsibilities, and strategic (long term) project efforts, increase the difficulty of this role. When designing solutions, keeping up to date with evolving regulatory and financial reporting requirements, ever-increasing audit and compliance scrutiny, and familiarity with industry best practices are additional demands. This position will have an impact on Treasury , as Treasury must operate within prescribed risk limits. Through collaboration with the portfolio management group and Treasury management, we design limits that are consistent with the Firm's risk appetite. Our evaluations and reporting has to be tailored for dissemination to all levels of the organization from up to the Board of Directors and external regulatory bodies. The risk reporting oversight role is a key link between trading staff, management, financial control, quantitative modeling, credit and market risk management, internal/external audit, and regulatory bodies. Having the ability to discuss and negotiate key risk issues and multi-departmental solutions, design and implement innovative efficient auditable processes, and document results for all levels of management is critical for success in this role.
Qualifications
Bachelors degree. Advanced degree in finance, economics or quantitative discipline preferred. 7 years. 10+ preferred.
Primary Location: New York, NY, US
Internal Jobcode: 31399
Job: Audit/Compliance/Risk
Organization: Risk-HR06016
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