SVP, Chief Risk Office - Finance Risk - C14 (Hybrid)

The Chief Risk Officer for Finance (Finance CRO) organization provides risk management oversight of the Global Finance function, including effective risk challenge and mitigation of risk for capital, liquidity, interest rate risk and Treasury investments, and ensures compliance with all risk-related regulatory requirements. In addition, the team oversees the key risk management methodologies and calculations, including CECL and IFRS9 for credit reserves, and Basel Advanced RWA.

Non-Trading Market Risk (NTMR) Management group, as a part of the Finance CRO organization, is responsible for independent risk management of Non-Trading Market Risk, including Interest Rate Risk in the Banking Book as well as Market Risk management of Treasury Investments and FX Capital hedging activities. It identifies, measures, and monitors non-trading market risks and it provides independent review and challenge to the first-line activities.

Senior Vice President in the Non-Trading Market Risk Management group provides independent market risk oversight of first line including Interest Rate Risk in the Banking Book and Market Risk management of Treasury Investments and FX Capital hedging activities. The candidate participates in establishment of frameworks for evaluating the impact of adverse Non-Trading Market Risk events and circumstances on the Firm’s operations and financial condition. Utilizes thorough understanding of methodologies, relevant regulatory requirements, and governance control processes for independent risk management oversight of Non-Trading Market Risk activities. Prepares and delivers senior, executive-level presentations. Provides contribution to development of target state strategy of the overall approach to Non-Trading Market Risk programs in alignment with the Enterprise Risk Management Framework.

Responsibilities:

• Ensures second line independent market risk oversight of first line Treasury debt investments activities.
• Identify and analyze new and emerging risks from perspective of Non-Trading Market Risk Management.
• Monitors periodically the drivers of significant movements in reported exposures for global debt investment portfolio.
• Identifies and assesses aggregate investment risks for Treasury activities, risk limits, and reviews associated management actions.
• Provides review of Treasury asset allocation proposals and portfolio strategy for global debt investment portfolio.
• Performs independent assurance of first line activities by identifying and ensuring adherence to applicable policies, standards, procedures, laws, and regulations for various first line functions.
• Coordinates the development of relevant Non-Trading Market Risk Frameworks, Policies and Procedures.
• Reviews Risk Management processes for conceptual soundness, fitness for purpose and potential limitations and weaknesses.

Qualifications:

• Broad understanding of risk management and analytics
• Strong analytical knowledge of capital markets products
• Experience in market risk management, interest rate risk in banking book, and investment risk management preferred
• Familiar with enterprise risk management activities
• Excellent quantitative and technical skills
• Strong written and verbal communication skills
• Experience in preparing and delivering senior, executive-level presentations
• Goal driven with excellent ability to work within a team globally
• Highly motivated with attention to detail

Education:

• Bachelor’s degree with strong academic record in economics, finance or other quantitative field. Master’s or higher degree is preferred.
• Experience in Risk Management, Treasury, Capital Markets or other functions within a financial services sector.

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Job Family Group:

Risk Management

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Job Family:

Treasury Risk

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Time Type:

Full time

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