Liquidity Risk Specialist

Permanent contract|New York|Risks

Liquidity Risk Specialist

New York, United States Permanent contract Risks

Responsibilities

The candidate will form part of the team working on liquidity management oversight for SG’s legal entities in the Americas, which represents over $ 200 billion in assets.  Key responsibilities include:

  • Establish a formalized and proactive liquidity risk identification process to ensure Liquidity Risk Management (LRM) is well versed in internal and external factors impacting liquidity risk, thereby enabling LRM to serve as an effective challenge function to Treasury.

  • Facilitate executive level decision-making by performing trend analysis and reporting on emerging liquidity risks to appropriate governing bodies.

  • Challenge liquidity risk models, including evaluating the reasonableness of inputs/assumptions and performing output analysis to test the functionality of the models.

  • Propose modifications to the liquidity risk appetite and liquidity risk limits, as triggered via calibration or on a discretionary basis.

  • Evaluate the appropriateness of intra-day liquidity risk management practices deployed by Treasury; ensure compliance with internally established requirements and regulatory expectations.

On an annual basis, as well as when material changes to conditions warrant, LRC reviews and challenges the appropriateness and operational feasibility of SG’s contingency funding plan, cash flow projections, funding plans and strategies, collateral management, and liquidity policies for the Americas

Profile required

Competencies, Skills and Qualifications: 

  • At least 6+ years of experience in financial statement analysis.  Specialization within the financial services sector preferred, but not required.

  • An understanding of bank and broker/dealer assets and on and off balance sheet liabilities.

  • Knowledge of the behavior of capital markets products.

  • Some experience in one of the following; secured funding, collateral monitoring, prime brokerage, intraday liquidity or derivatives.

  • Ability and experience to organize and lead across different time zones and cultures.

  • Excellent communication and presentation skills.

  • Strong analytical and problem-solving skills and demonstrated ability to work independently.

  • Ability to interface with business units and senior stakeholders in Treasury and across the bank.

  • The position requires an experienced and confident individual with management and leadership potential. The incumbent will be expected to have a detailed understanding of balance sheet analysis and capital markets.

  • MBA preferred, but not required.

  • CFA preferred, but not required.

Business insight

The RISQ Division's mission is to contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively SGCIB-oriented.

Liquidity Risk Management is a relatively new unit within the Bank’s Risk division responsible for providing independent liquidity risk oversight over the entire operations of Societe Generale (SG) Americas.  Oversight includes risk identification, establishment of the liquidity risk appetite, development of liquidity risk limits, monitoring of liquidity practices, setting the guidelines for liquidity management, model validation, and reporting to senior management and risk committees. 

 

#LI-Hybrid

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000G47
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2022/07/18
Publication date: 2022/06/09
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