New York Seasonal Jobs

Job Information

BNY Mellon Senior Specialist, Liquidity Stress Testing - QRM (Treasury and ALM) in New York, New York

Narrative
This Senior Specialist position is in the Liquidity Stress Testing group
(approximately 12 colleagues) in the Asset/Liability Management
department of Corporate Treasury. The position reports to the Head of
the Liquidity Stress Testing group. This position will provide thought
leadership on the development and implementation of the liquidity stress
testing framework. Also, this position will critique and improve
existing framework for the newest, latest in financial modeling
techniques.
Typically, this is an independent contributor role requiring strong
collaboration with peers and less seasoned colleagues, although
occasionally will require the leadership of others. Strong collaboration
and teamwork mindset are important, particularly as the team is located
across New York, Pittsburgh and Chennai. Responsibilities:

Prepare routine (daily, weekly, monthly) liquidity stress analyses - 10%
of time

Review and propose updated or new behavior assumption for the liquidity
stress testing analytical framework - 20% of time

Design and prepare ad hoc liquidity analyses of liquidity stress test
results for proposed strategies or business model changes - 30% of
time

Design and implement infrastructure changes to the LST calculation
engine - 30% of time

Prepare analysis for regulatory, risk and internal audit requirements -
10% of time Other Duties:

Presentations to risk management committees on modeling assumptions and
techniques

Documentation of models and workflow

Education and enablement of colleagues of developed models and
workflows

Development of modeling and process controls

Participation in cross-discipline working groups

Qualifications

Bachelors degree or the equivalent combination of education and
experience is required.

7-10years of total work experience preferred.

Experienceworking in a Bank Treasury, Risk Management, or related area
at a large,sophisticate financial institution, preferably a large bank's
liquiditymanagement or independent liquidity risk management function
preferred

Desired,but not necessary: Master's degree, or equivalent experience, in
a quantitativefinance field: Finance, Risk Management, Financial
Engineering, Statistics,Applied Mathematics, Economics, et cetera

Experiencewith interest rate risk modeling or liquidity modeling, model
risk management,and general risk management principals

Highproficiency in written and verbal communications skills

Strongproblem solving and analytical ability

Accountingor financial background with knowledge of financial statements
and ratios

Comfortabledealing with senior management and regulators

Projectmanagement skills Importanttools used by the position:

QRMRisk Management Framework

SQL

MicrosoftExcel, PowerPoint, and PowerBI

Pythonor R

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.

Primary Location: United States-New York-New York
Internal Jobcode: 85268
Job: Finance/Accounting
Organization: Corporate Treasury-HR06004
Requisition Number: 2010892

BNY Mellon is an Equal Employment Opportunity/Affirmative Action
Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

DirectEmployers