Liquidity Risk Analyst Job Description
Liquidity Risk Analyst Duties & Responsibilities
To write an effective liquidity risk analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included liquidity risk analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Liquidity Risk Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Liquidity Risk Analyst
List any licenses or certifications required by the position: VBA, FRM, CFA
Education for Liquidity Risk Analyst
Typically a job would require a certain level of education.
Employers hiring for the liquidity risk analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Education, Mathematics, Accounting, Business, Engineering, Statistics, Management, MBA
Skills for Liquidity Risk Analyst
Desired skills for liquidity risk analyst include:
Desired experience for liquidity risk analyst includes:
Liquidity Risk Analyst Examples
Liquidity Risk Analyst Job Description
- Own project communications and status reports to stakeholders clearly and effectively communicate requirements to software developers
- Develop strong relationships with business units
- Aid in reconciliation of trade data in liquidity risk data repository to trusted sources
- Assist QA team with test plan review assist with system walk through and review
- Write business rules for classifying position data into various liquidity categories
- Write business rules to apply liquidity haircuts
- Design a methodology for running stress scenarios
- Reconcile trade data in liquidity risk data repository to trusted baselines
- Translate high level requirements into precise logic
- Analyze data to answer ad-hoc questions from liquidity risk managers
- Demonstrate skills in managing multiple priorities in a fast paced environment
- Ability to break complex issues into smaller and more manageable pieces
- Proactive and highly motivated and able to work independently with minimal guidance and within a team
- Ability to present ideas to variety of audiences including Senior Management & various Trading Desks
- 1+ years experience in capital markets, preferably in Risk, Treasury or funding-related functions
- Work as a team player with software developers, risk managers, and project managers
Liquidity Risk Analyst Job Description
- Identify stress level liquidity risks and ensure they are being appropriately prioritized and captured within stress testing
- Ensure KRI’s are set based on specific analysis of the risk factors or are in line with the Liquidity Stress tests
- Review stress testing process including but not limited to the scenarios that are chosen for the stress tests, assumptions made that are part of and outside the Front Line Unit’s processes
- Perform independent analysis on the assumptions to ensure independent viewpoint and effective challenge(s)
- Perform Model Validation in accordance with Model Risk Management best practices and conceptual soundness
- Perform regular monitoring and reporting functions of key system drivers
- Manage the quarterly MICOS (Monitoring of Internal Control System) / Supervisory Controls framework
- Ensure cross functional engagement
- Assist in coordination and communication of objectives and strategies amongst LOB Risk Stripes
- Investigate and prepare daily commentary for risk reports including stress / LCR changes, balance sheet changes and indicator breaches
- 2+ years of Systemic & Liquidity Risk experience
- Experience in Credit, IS and/or TS Risk Management preferred
- Participate in the periodic review of assumptions and indicator levels
- Support the development of key risk analytic reports for senior management, business partners, various risk committees and regulators
- Support the development and evaluation of proposals for new liquidity risk monitoring, metrics and stress tests
- Support ad hoc liquidity risk analysis requests from senior management and regulators
Liquidity Risk Analyst Job Description
- Monitoring and reporting on the current and forecasted liquidity position of the Company
- Collaborating with cross functional teams to enhance the liquidity reporting framework
- Monitor and update liquidity projections based on back-testing of historical performance
- Implementing, reviewing and communicating regulatory liquidity requirements
- Define jointly with ALMT the prospective scenarios used to measure impact under stressed conditions the early-warning signals to anticipate adverse market and/ or liquidity conditions
- Produce the liquidity risk metrics of the Bank
- Provide detailed analysis of the metrics, which are used to support the decision making process of the funding manager and other stakeholders
- Work closely with the Treasury Front Office and the Financial Markets desks
- Capitalize on the information potential of the different data sources in order to improve the risk management framework of the Treasury
- Supervise the implementation of new products in the databases and in the systems
- Familiarity with fundamental finance and risk concepts
- Ability to work effectively independently and in multi-disciplinary teams
- Knowledge of various financial products, derivatives, trade finance
- Experience with common financial tools, such as G/L systems, Oracle, Essbase
- Requires an MBA with 3 - 7 years of related experience
- 5 - 7 years working in an analytical role for a diversified financial institution
Liquidity Risk Analyst Job Description
- Make recommendations to reduce the risk of losses and increase the Bank's profitability
- To make recommendations to ensure the effectiveness of operations and the quality of information on risk management
- Participate in committees or special projects that require a high level of expertise
- Act as an expert advisor to stakeholders and management in decisions requiring expertise in the field of risk management
- Ensure the accurate measurement of the liquidity risk
- Compile and analyze data to produce management reports that will track daily and monthly liquidity limits
- Model the liquidity risk of the Bank's balance sheet’s components - banking products, financial instruments, derivatives
- Analyze the data and observing emerging trends in order to prevent issues and propose appropriate action plans
- Monitor the regulatory environment and analyze and understand regulatory issues in the context of the Bank
- Participate in the optimisation and development of the data infrastructure framework (SAS, SQL Server)
- Bachelor degree with Masters or MBA preferred in a Banking related area
- Strong team work, communication skills, and proactive approach to problem-solving
- College or university degree or the equivalent work experience that provides knowledge and exposure to fundamental theories, principles and concepts
- Bachelor’s degree in business or math-related field, or Bachelor’s degree in another area and MBA
- Some work experience in funding/liquidity management or financial risk management
- Experience with contingent funding plan (CFP) or asset and liability management (ALM) or credit risk is highly desirable
Liquidity Risk Analyst Job Description
- Maintain up to date documentation of the production process
- Become a subject matter expert with regards to the reports under your responsibility
- Act as an expert advisor to the Bank's and its subsidiaries' business lines and decision-making bodies regarding liquidity risk, in particular to guide the management and execution of complex and structured transactions and activities
- Identify and quantify risks and make recommendations to business lines and management to adequately manage the liquidity and funding risk and to protect the Bank's trademark
- Ensure compliance with liquidity and funding risk policies, new products and activities and liquidity risk management, and report to decision-making bodies
- Ensure compliance with OSFI's new liquidity framework and the International Basel III rules
- Support the team, principally the Senior Manager and Vice-President on all other related duties
- Identify the key liquidity risk factors and evaluate the soundness of the first line of defense model choices
- Work with other Treasury members on ALCO presentations and Board reporting
- Daily monitoring of utilisations against risk control and risk tolerance limits
- Graduate/Post-graduate in relevant subject
- 5+ years in an application support position dealing with business support
- Knowledge of UNIX operating systems is a must
- Knowledge of software development life cycle and methodologies is highly desirable
- Liquidity Risk business knowledge of risk management is a plus
- Ability to develop a deep understanding of the business needs and strategic directions