Vice President, Liquidity Risk Oversight - Treasury Risk

Full-time - Senior

Hybrid - New York, NY

10,001+ employees

Real Estate

About the position

The Vice President, Liquidity Risk Oversight role at BNY is a senior position within the Treasury Risk team, responsible for overseeing liquidity risk management processes. This includes ensuring that liquidity risk is effectively identified, measured, controlled, reported, and monitored. The role involves collaboration with senior management and other risk functions to develop and implement liquidity risk policies and strategies, while also addressing regulatory requirements and audit concerns.

Responsibilities

• Independently review and challenge the first line of defense's Liquidity Risk management processes.
• Own the Liquidity Risk limit framework.
• Review and evaluate the Liquidity Risk aspects of significant new products, services, and business changes.
• Apply knowledge of market or liquidity risk management best practices to analyze and monitor risk.
• Understand the end-to-end Risk Management process to support review and challenge improvements.
• Work with senior management to develop and apply Liquidity Risk policies and training.
• Prioritize resiliency in oversight, particularly in reviewing recovery and resolution planning frameworks.
• Perform ongoing analysis and monitoring of risk exposures and liaise with business partners.
• Produce and deliver risk presentations to senior management.
• Anticipate and address audit and regulatory concerns regarding the Liquidity Risk framework.
• Establish and support the Liquidity Risk strategy for the business area(s).
• Lead the development and implementation of tools and procedures to measure and monitor risks.
• Develop and document processes to ensure consistency of practices within Treasury Risk.
• Manage existing processes to ensure accurate and timely implementation.
• Oversee, advise, and guide less experienced Liquidity Risk roles.

Requirements

• Bachelor's degree or equivalent combination of education and experience required; Master's degree preferred.
• Minimum of 5 years of total work experience; 6-10 years in market or liquidity risk preferred.
• Experience in financial services preferred.
• Background in math, statistics, finance, economics, risk management, or operations research preferred.
• Knowledge of funding, cash flow projections, liquidity measures, and relevant regulations preferred.

Nice-to-haves

• Experience with liquidity stress testing and Recovery and Resolution Planning (RRP).

Benefits

• Highly competitive compensation and benefits package.
• Access to flexible global resources and tools for personal and professional development.
• Generous paid leaves, including paid volunteer time.
• Market data assessment for competitive compensation packages.