Accessibility Links

Structural Market Risk and Balance Sheet Management

  • Job type: Permanent
  • Location: Chicago, Illinois
  • Salary: US$115000 - US$150000 per year + Bonus + Benefits
  • Job reference: 207931/001_1536189324
  • Sector: Selby Jennings, Risk Management
  • Date posted: 05/09/2018

Premier North American Investment bank is seeking a hands-on market risk professional at the senior associate or junior VP level to join a dynamic risk management team that is responsible for Structural Market Risk. The investment bank has one of the strongest working cultures in the industry and is recognized as a leader in providing excellent career progression, benefits, and work/life balance.

The incoming individual will be expected to develop comprehensive oversight of structural market risks for the firm while cultivating a deep understanding of balance sheet risk. In a rising interest rate environment, this function will be instrumental in delivering proper risk management functionality for the investment bank across various stakeholders.

On a day to day, the incumbent will spearhead interest rate risk analysis while also analyzing modelling assumptions used to model structural market risk. These could include deposit lives, behavioral assumptions, valuations, and so forth. On a day to day, they will design meaningful stress scenarios for key assumptions and be expected to institutionalize the use of stress test results while providing effective challenge.

Responsibilities

  • Perform interest rate risk analysis for the banking book
  • Develop stress scenarios for key assumptions and provide effect challenge as needed
  • Asses the appropriateness of key assumptions
  • Serve and function as the second line of defense of structural market risk/liquidity risk

Requirements

  • 3-12 years experience in structural market risk, 1st or 2nd line liquidity risk, or market risk team covering interest rates
  • Understanding of interest rate risk for the banking book
  • Experience in designing liquidity stress scenarios and methodologies
  • Knowledge of balance sheet management systems, QRM preferred, Bancware also relevant
  • Programming expertise is a plus
Similar jobs
Director, Economic Scenario Model Development
  • Job type: Permanent
  • Location: New York
  • Salary: US$250000 - US$300000 per year + Competitive
  • Description A leading international bank's highly respected Quant Analytics group is looking for a leader to join their team in designing and producing Stress Testing scenarios
Director of Operational Risk/Stress Testing
  • Job type: Permanent
  • Location: Washington, District of Columbia
  • Salary: US$200000 - US$240000 per year
  • Description A rapidly growing financial institution located in Washington, DC is seeking to add a well-versed Operational Risk professional to develop and implement new processes
VP - Operational Risk & Control Testing
  • Job type: Permanent
  • Location: Charlotte, North Carolina
  • Salary: US$150000 - US$200000 per annum
  • Description My client, a top banking organization with a presence across the US is seeking a seasoned Compliance, Risk, and/or Internal Audit professional to assume ownership of the Compliance Testing and
Credit Risk Modeler
  • Job type: Permanent
  • Location: Louisville, Kentucky
  • Salary: US$100000 - US$130000 per year + 30% Bonus
  • Description A leading regional bank in Louisville, KY is seeking an individual with strong credit risk modeling skills to join their team. This individual will be responsible for developing PD/LGD and Loss
AVP Counterparty Credit Risk
  • Job type: Permanent
  • Location: Jersey City, New Jersey
  • Salary: US$90000 - US$100000 per year + bonus
  • Description A global financial institution is seeking to expand their Counterparty Credit Risk team at the AVP level. This team is responsible for counterparty risk analysis of the most high-profile clients of