Senior Vice President

Pittsburgh, Pennsylvania

BNY Mellon
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Overview

Independently provides expertise to the policy writing, liquidity assessments, analytical research, data gathering, calculations, modeling and forecasting related to controlling the risks associated with assets, liabilities, liquidity funding, capital and IRR management. Interfaces with internal and external stakeholders and continues to build a broad range of knowledge spanning the range of treasury, capital and asset and liability categories across the organization and its varied products/services. Typically specializes in ALM matters such as Intraday Liquidity, Deposit Liabilities, Interest Rate Risk, Currency Risk, Capital Management and Planning, etc. and/or oversees the full scope of activities for assigned region/entity(ies). Manages entities with more complex liquidity risk and capital management frameworks. Establishes the technical direction for complex calculations or elements of assigned ALM specialty. Provides input into development of the ALM policy and strategy for assigned entity(ies) in alignment with Corporate guidance and regulatory requirements. Serves as a subject matter expert and advises more junior professionals on improving their knowledge and how to address more complex or unusual issues. Collects financial data, validates, and populates various capital management, IRR, liquidity and asset/liability models or analyses. Runs the model/analyses, conducts liquidity stress testing and reports on results. Ensures models are functioning as expected troubleshoots and reports on unexpected/undesired results. Assesses risk inherent in any new or changing Bank products and adjusts model inputs. Provides technical guidance to less experienced team members on complex issues. Internationally, reviews, analyzes, recommends and executes complex capital and asset liability management activities. Completes projects and assigns tasks to more junior professionals. Contributes to discussions with investment and asset liability managers on allocation decisions, risk management and changes to improve alignment with the ALM and Capital Planning and Management framework. Develops approaches for enhancing measurement and reporting. With management, leads the development of policies and procedures related to the model(s) and underlying assumptions, limitations. Ensures alignment to liquidity risk position and any regulatory requirements. Develops and documents liquidity self-assessments and liquidity funding contingency plans.Prepares reports that provide clear and accurate analyses and that identify and track risks. Ensures proper controls on the quality and integrity of reports produced for senior management and ALM committee processes.Cultivates relationships with peers in the businesses, Risk Management, Finance and Corporate Treasury to ensure efficient collection of data/model inputs. May provide advice on specific business decisions that will affect liquidity, capital, or interest rate risk. Often represents the Bank in interactions with applicable regulators.Anticipates changes in the regulatory environment and the business conducts applicable research and makes recommendations for responding to emerging/changing regulatory requirements affecting ALM, Capital or Liquidity Funding.Conducts special projects and ad-hoc analyses/reporting as requested. Often serves as a project lead, engaging peers across the Bank and providing task oversight. Provides informal supervision to less experienced ALM team members.No direct reports. Provides leadership to less experienced team members, guiding and coaching them on their work accuracy and quality. Provides project leadership, including informal performance management of assigned project teams. May contribute to the technical direction of discipline.Contributes to the achievement of functional objectives. Advice has direct impact on the risk or financial position of the entity(ies) supported.Modified based upon local regulations/requirements.Bachelor's degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA, CFA, or CPA/CA preferred. 10-12 years of total work experience preferred. Experience with liquidity stress testing, liquidity risk management, interest rate risk management, capital management and/or asset-liability management within large complex financial organizations preferred BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.



Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
Date Posted: 03 May 2024
Job Expired - Click here to search for similar jobs