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.
Works with senior management to ensure the reporting and monitoring of market/counterparty credit or liquidity risk analytics is sound and accurate. Assigned business/business partner areas are large and highly complex. Applies broad knowledge of market/counterparty credit or liquidity risk management best practices, financial markets, trading instruments, and/or portfolio management in support of analyzing, monitoring and measuring risk. Makes risk mitigation recommendations for specific market/counterparty credit or liquidity risks that exist within the assigned business/business partner area. Recognized throughout the Risk organization and the business as a market/counterparty credit or liquidity risk point of contact and subject matter expert for a particular business/business partner area. Handles market/counterparty credit or liquidity risk data analysis, reporting, and monitoring for the business(es) supported and for market/counterparty credit or liquidity risk management, ensuring accuracy and correctness,, develops appropriate tools, partnering with Technology where needed. 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. With technology staff, develops and implements new risk analysis and platform and data initiatives, and tests modifications to the risk tools and processes. Uses existing 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,, oversees, advises and guides less experienced Market/Counterparty Credit or Liquidity Risk roles and may direct their work. Responsibilities are primarily specialized to address the market/counterparty credit or liquidity risk management needs of a particular business/business partner area and business risk appetite. However, tasks often produce cross-regional impacts.
Bachelor s Degree or the equivalent combination of education and experience is required.
7-10 years of experience in market or liquidity risk preferred. Experience in financial services is strongly preferred.
Background in math, statistics, finance, economics, risk management, operations research, or a similar field is preferred.
Discipline Requirements: Market Risk: Ability to analyze and report on financial products and financial risk, macroeconomic issues, interest rate risk, and relevant regulation (e.g., Volcker, CCAR, DFAST, SLR, IRRBB). Liquidity Risk: Ability to assist with analysis of and reporting on funding, cash flow projections, deposits (including operational and behavioral views), liquidity measures, liquidity stress testing and relevant regulation (e.g. CLAR/ILAA, LCR).