VP
Liquidity Risk is a key priority of the bank's senior management, Treasurers and Regulators. Since the financial crisis of 2008 the focus on Liquidity Risk has been especially high and it continues to be a dynamic and high profile area.
The regulatory requirements on liquidity risk are growing all the time in terms of breadth and depth. Regulators are driving the agenda on liquidity risk making this a rapidly evolving area.
This role is a great opportunity for a candidate looking to build a specialism around the growing world of regulation. At the same time, it requires the candidate to be fully engaged in the core Treasury functions from funding to transfer pricing. The successful candidate will have broad exposure to senior management and a wide range of critical liquidity management issues.
Key Responsibilities:
UK Regulatory regime:
- Oversee an offshore team of 6 which produces the UK Regulatory returns.
- Work with the Finance Desks, Risk Treasury, Corporate Treasury Funding and other businesses to keep the UK vehicles within the critical Individual Liquidity Guidance ratio.
- Develop the European Liquidity Management System to improve processes and control.
- Become a point person for the PRA and build an effective working relationship.
- Assist in the review and revision of the bank's ILAA.
Basel III/CRD IV
- Analyse and oversee the production of the Basel III LCR and NSFR prototype reporting.
- Work with the Corporate Treasury projects team to implement automation of LCR, NSFR, Asset Encumbrance and Additional Liquidity Monitoring Metrics
- Work with New York Corporate Treasury to ensure global consistency where relevant.
- Lead the bank's efforts in EMEA on development of business mitigation strategies to reduce the impact of existing and emerging regulation.
Industry Developments
- Keep abreast of industry developments, for example coming from the PRA, the EBA, BCBS.
- Join industry discussion forums such as AFME.
- Distil this information and communicate it to relevant parties within the bank.
- Form the bank's response to changing regulatory demands.
Rate Setting/control
- Participate in the bank's benchmark rate setting processes and controls.
Knowledge/Experience:
Experience in a major international banking environment
Treasury and/or Finance experience, particularly in a regulatory capacity is desirable.
Some systems project management experience
A good knowledge of liquidity and balance sheet management practices.
Team management experience
Bloomberg and Reuters are a plus.
Person Specification
Knowledge/Experience:
Experience in a major international banking environment
Treasury and/or Finance experience, particularly in a regulatory capacity is desirable.
Some systems project management experience
A good knowledge of liquidity and balance sheet management practices.
Team management experience
Bloomberg and Reuters are a plus.
Skills:
The ability to communicate effectively with the business and bring them on board with the regulatory effort.
The ability to communicate difficult concepts clearly to a broad spectrum of people across the organisation at all levels of seniority.
Good presentation skills, to large and small groups.
Comfortable working with different banking systems.
Person Specification
Knowledge/Experience:
Experience in a major international banking environment
Treasury and/or Finance experience, particularly in a regulatory capacity is desirable.
Some systems project management experience
A good knowledge of liquidity and balance sheet management practices.
Team management experience
Bloomberg and Reuters are a plus.
Skills:
The ability to communicate effectively with the business and bring them on board with the regulatory effort.
The ability to communicate difficult concepts clearly to a broad spectrum of people across the organisation at all levels of seniority.
Good presentation skills, to large and small groups.
Comfortable working with different banking systems.
Skills:
The ability to communicate effectively with the business and bring them on board with the regulatory effort.
The ability to communicate difficult concepts clearly to a broad spectrum of people across the organisation at all levels of seniority.
Good presentation skills, to large and small groups.
Comfortable working with different banking systems
Qualifications:
Degree qualified.
An accounting qualification can be useful
A Treasury qualification such as AMCT is advantageous.
Competencies:
Ability to think clearly and logically.
Ability to prioritise effectively
Accuracy and a control focus
Ability to manage teams remotely
A “zero error” mind set with regulators
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