Risk, Interest Rate Risk, Vice President, London
- London
- Permanent
- Full-time
- Risk Oversight: Monitor, govern, and challenge Corporate Treasury execution activities, including accrual rates risk management, liability management, cash & collateral management, funds transfer pricing, balance sheet usage, liquidity and funding projections
- Risk Limit Governance: Setting risk appetite for Corporate Treasury, calibration of risk limits, sign-off on limits frameworks, and ongoing monitoring of limit utilization and remediation
- Analytics: Monitoring of key risk measures and assessment of business drivers
- Regulatory Stress Metrics, Liaison, & Advocacy: Calculation and disclosure of key regulatory stress metrics, guidance and rule interpretation, engagement with global regulators, and policy advocacy
- Governance & Reviews: Ongoing evaluation of compliance with key regulatory regimes, new activity impact assessments and approvals, engagement with key committees and governing bodies, and maintenance of key policies and procedures
- Active and ongoing engagement with Corporate Treasury to understand, monitor, and govern risk taking activities
- Direct engagement with Risk Leadership and global regulators regarding material risks, current risk exposures, and limits governance
- Develop in-depth understanding of the firm's interest income projections and capital sensitivity under different rates scenarios; identify and challenge qualitative assumptions
- Develop and implement governance frameworks and policies for controlling the firm's accrual rates risk
- Monitor changes in the firm's rates risk position and limit utilization
- Engage directly with Corporate Treasury and risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge proposals
- Engage periodically with regional regulators to explain the firm's risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions
- 7-10 years of experience in banking or capital markets with exposure to rates risk management, preferably in Treasury or Treasury Oversight function
- Knowledge of interest rate risk metrics (Interest Rate Risk in the Banking Book, Economic Value of Equity)
- Interest in financial markets and risk management, motivated by learning and continuous improvement
- Ability to work independently, form own judgment/opinions, provide insights and drive change
- Proactive with strong analytical, interpersonal and communication skills and ability to build relationships remotely
- Strong verbal and written communication skills
- Ability to interact with and build relationships with people from different departments and levels of seniority