Office Status: Hybrid
Salary: $146,000 to $175,000
Responsibilities:
Provide on-going and ad-hoc review and challenge to 1st Line of Defense activities including but not limited to internal liquidity stress testing, cash flow forecasting, contingency funding plan, intraday liquidity, funds transfer pricing
Develop bespoke risk frameworks and tools to track and analyze movement in key liquidity metrics and use results to aid review and challenge activity
Provide challenge to 1st line proposal of annual risk appetite statement refresh for CUSO
Participate in annual Horizontal Liquidity Reviews conducted by FRB; respond to FRB questions and ad-hoc requests
Assist in preparing risk committee meeting materials to report to both internal and external stakeholders, including regulators
Provide independent review and assessment of new products, business initiatives and services introduced/proposed by sponsors
Engage with internal audit during annual audit of liquidity risk; remediate findings as needed
Enhance internal LRO processes and collaborate with Independent Review Function on providing input into IRF’s annual risk assessment of liquidity