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Jefferies Financial Group
AVP, Liquidity Risk ManagementJefferies Financial Group • New York, NY, United States
AVP, Liquidity Risk Management

AVP, Liquidity Risk Management

Jefferies Financial Group • New York, NY, United States
30+ days ago
Salary
$150,000.00 yearly
Job type
  • Full-time
Job description

Assistant Vice President, Liquidity Risk Management

The Global Risk Management team is based across the New York, London, Frankfurt, and Asia offices and comprises subject matter experts across all product areas. The Liquidity Risk Management function forms part of the Global Risk Department.

Jefferies Financial Group is looking to hire an Assistant Vice President for the Liquidity Risk Management team. The role will be based in New York, with responsibilities for second line liquidity risk management globally. The primary responsibility of this Risk Manager will be to help manage day-to-day liquidity risks and drive strategic project work. The individual will work closely with Treasury, Front Office, Risk Controllers, Risk Managers, Risk Analytics team and other corporate functions. The responsibilities will comprise BAU liquidity risk management activities, new business proposals, methodology review and challenge, including liquidity stress testing & scenario analysis.

Key Responsibilities & Activities:

  • Review and challenge of the Internal Liquidity Stress Test and related analyses, limit calibrations and completeness, contingency funding plan, and other reporting and metrics related to liquidity and funding
  • Independent assessment of key liquidity risks. This includes modeling, data analysis, business interaction, etc. to gain deep understanding of underlying mechanics and risk profile
  • Helping drive the build of an integrated market shock engine, in collaboration with other areas of Risk, to determine the net liquidity impact of market movements
  • Participate in ongoing discussions with Treasury, Operations, businesses, and other constituents with the goal of understanding and helping to mitigate the liquidity risks arising from our business and funding activities.
  • Monitor limits, including those related to the Risk Appetite Statement, and escalates breaches as appropriate
  • Assessing data requirements and helping build out Risk's access to strategic data
  • Assist with regulatory requests collaborating with Treasury, Compliance, and other groups as needed
  • AVP-level role
  • Strong quantitative academic background with ideally a (postgraduate) degree in business, mathematics or similar
  • Strong Liquidity Risk Management experience in either a first line function (Treasury) or second line function (Liquidity Risk)
  • In depth knowledge of equity & fixed income trading products and markets, including cash trading, derivatives, and prime brokerage
  • Solid understanding of liquidity risk measurement methodologies, including scenario analysis and stress testing
  • Experience of new product/business development due diligence and related testing
  • Experience of performing due diligence on trades and their impact on liquidity
  • Experience of managing and developing risk appetite/limits

Primary Location: New York Full Time Salary Range of $150,000-$175,000.

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AVP, Liquidity Risk Management • New York, NY, United States

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