BNY Mellon Careers

SrPrin, Mkt (Liq) Risk (Liquidity Risk Manager, Pershing)

New York, New York; Pittsburgh, Pennsylvania

Job Description

This position will lead the roll-out of the Independent Liquidity Function to the Pershing entity.
Partners with senior management to ensure that the appropriate market or liquidity risk policies, methods, standards, processes, and training are developed, applied and understood by impacted stakeholders. Applies comprehensive knowledge of market or liquidity risk analysis, monitoring processes and in-depth knowledge of the financial industry, technology and the requirements of regulatory bodies. Serves as a key resource to the head of market or liquidity risk and the business, and provides leadership to the group on risk analysis, monitoring, and regulatory issues. Oversees the management of all activities related to the development and production of risk platforms and metrics. Plans and implements the risk policies and procedures and internal controls across multiple businesses and locations. Interacts frequently with front office senior management and other business areas to provide inputs on issues related to trading, portfolio or liquidity risk, market or liquidity conditions, and regulatory matters. Develops infrastructure that is used to measure the Bank's risk taking activities related to trading and portfolio or liquidity management. Promotes broad understanding of risk controls and ensures they are communicated accurately to the target audience. No direct reports; oversees, advises and guides experienced Liquidity Risk roles and likely directs their work. Responsibilities are primarily specialized to address the market or liquidity risk management needs for major global initiatives, large areas of the business, specific legal entities, or material events. Modified based upon local regulations/requirements.   


Bachelor s Degree or the equivalent combination of education and experience is required. Masters degree or PhD preferred. Family Requirements: 12-15 years of experience in market or liquidity risk preferred. Experience in financial services is strongly 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.

Primary Location: United States-New York-New York
Internal Jobcode: 85211
Job: Risk
Organization: Risk-HR06016
Requisition Number: 1907368