Job Description

Overview
Ensures market or liquidity risk data analysis, reporting and monitoring are sound, accurate and being completed effectively and in a timely manner. Assigned business/business partner areas are typically medium to large in size and moderately complex. Applies knowledge of market or liquidity risk management best practices and financial markets in support of analyzing, monitoring and measuring risk. Responsible for the daily interactions with other departments when investigating and validating reported changes in risk. Recognized as the market or liquidity risk point of contact within the assigned business/business partner areas. Handles market or liquidity risk data analysis, reporting and monitoring and completes data sourcing, data aggregation and data management for the business(es) supported and for market or liquidity risk management, ensuring accuracy and correctness,, develops appropriate tools, partnering with Technology where needed. Contributes to the establishment of the market or liquidity risk strategy for the business/business partner area and is responsible for ensuring the implementation of that strategy. Partners with the business to help them achieve their objectives within the Risk Appetite of the firm. Assists in the development and implementation of tools and procedures to measure and monitor multiple risks hierarchically and across the entire organization. Leads the interaction with technology staff in the development of new risk analysis, platform and data initiatives, and testing of modifications to the risk tools and processes. Interacts with traders and trading or portfolio management, or liquidity or treasury managers, to investigate and document any limit pre-approvals, excesses, extensions, breaches, and breach remediation in compliance with prescribed policies.Begins to build strategic relationships to influence at all levels of the organization. Liaises with internal and external auditors and regulators to ensure compliance to prescribed standards.No direct reports,, provides technical advice/guidance to less experienced Market or Liquidity Risk roles as needed.Responsibilities are primarily limited to assigned business/business partner areas. However, tasks may produce cross-regional impacts. Modified based upon local regulations/requirements.Bachelor's Degree or the equivalent combination of education and experience is required. Family Requirements: 5-7 years of experience in market or liquidity risk 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: Market Risk: Ability to analyze and report on financial products and financial risk, macroeconomic issues, interest rate risk, and relevant regulation (e.g., Volcker, CCAR, DFAST, SLR, IRRBB).Liquidity Risk: Ability to assist with analysis of and reporting on funding, cash flow projections, deposits (including operational and behavioral views), liquidity measures, liquidity stress testing and relevant regulation (e.g. CLAR/ILAA, LCR).. 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.com/careers.