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Intraday Liquidity Risk Analyst Lead
Flagstar Bank
2024-11-10 08:53:04
Lansing, Michigan, United States
Job type: fulltime
Job industry: Banking & Financial Services
Job description
The Lead Intraday Liquidity Risk Analyst reports to the Funding Manager - Liquidity and is responsible for ensuring compliance with relevant regulatory requirements for Intraday Liquidity Risk Management across Reg YY, SR Letter 12-7, SR Letter 10-6. This role will oversee the development of a framework for intraday liquidity risk management, partner with internal teams to enhance and automate transaction monitoring, and provide data and reporting on intraday liquidity risk for the Bank. Pay Range: $ 99,732 - $132,145 - $164,557
- Ensure compliance with relevant regulatory requirements for Intraday Liquidity Risk Management across Reg YY, SR Letter 12-7, SR Letter 10-6.
- Develop framework for Intraday Liquidity Risk management including but not limited to policy, risk appetite, and reporting.
- Partner with the cash operations team to enhance and automate existing transaction monitoring practices.
- Design and implement a systemic approach towards managing and monitoring Intraday Liquidity.
- Effectively communicate and report on Intraday liquidity and regulatory requirements to senior management stakeholders including ALCO and Board.
ADDITIONAL ACCOUNTABILITIES
- Performs special projects, and additional duties and responsibilities as required.
- Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
Required Qualifications:
- Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Economics, Engineering, or similar
- Minimum experience required: 5+ Years in finance and/or risk with 3+ years of experience managing Intraday Liquidity Risk for a Category IV or larger banking institution
- In depth knowledge of key liquidity regulations governing Category IV banking institutions such as Reg YY, FR 2052a, SR Letter 12-7, SR Letter 10-6 and SR Letter 12-17
- Regular interaction with governing regulatory bodies for Category IV or higher institutions and involvement in oversight examinations
Preferred Qualifications:
- Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or similar
Job Competencies:
- Demonstrated ability to lead and influence change, develop innovative solutions, build effective partnerships, and manage cross-functional projects across an enterprise.
- Strong written and verbal communication skills with ability to prepare presentations for senior management
- Comfort in a fast-paced, complex environment; solves problems collaboratively through open and constructive discussion.
- Detail oriented, responsive, and proactive. Fosters clarity, transparency, consistency, and widespread understanding across the business.
- An energetic, efficient, and resourceful team player. Takes ownership of work product and delivers within tight deadlines.
- Ability to build trusted relationships with Executive Management members and the extended business and functional leaders across the company.
- Up to 10% travel
- Physical demands (ADA): No unusual physical exertion is involved.
Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.
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