Senior Specialist, Market (Liquidity) Risk @ BNY Mellon

Responsibilities :

• Develop an understanding of the end to end Risk Management process starting from Trade Capture, Models, and Risk limits across various asset classes. Build a foundation to review and challenge and improve the existing framework.
• Evaluate and present analysis on new risk taking initiatives raised by Portfolio Management group.
• Perform in depth risk analysis, reporting, and monitoring, in line with established practices.
• Conducting deep dives on asset classes and individual securities as well as end-to-end risk management evaluations covering surveillance, valuation, impairment, and stress modeling.
• Assisting in producing content for the Treasury Risk control committees and Business Committee, while building the necessary expertise in the area to participate in the future where relevant.
• Engaging with portfolio managers and business partner areas in respect of new products, business process changes, or other emerging risks.
• Working closely with Risk Managers from Liquidity Risk and Interest Rate risk to gain a holistic understanding of the guiding principles in those work streams.

Responsibilities and opportunity will evolve with the rapid development of the Portfolio Risk function, Treasury Risk function, and Risk & Compliance department.

Requirements:

• Bachelor s Degree or the equivalent combination of education and experience is required. Master s degree preferred.
• Family Requirements: 5-10 year s of total work experience preferred. Experience in financial services is preferred. Background in math, statistics, finance, economics, risk management, operations research, or a similar field is preferred.
• Discipline Requirements: Ability to analyze and report on financial products and financial risk, macroeconomic issues, interest rate risk, credit risk, liquidity risk, and relevant regulation. (e.g., Volcker, CCAR, DFAST, SLR, IRRBB).