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PwC

Financial Risk and Regulatory - Financial Services Liquidity Risk - Manager

PwC, New York, NY


Industry/SectorBanking and Capital MarketsSpecialismFinancial RiskManagement LevelManagerJob Description & SummaryA career in our Balance Sheet Management practice, within Financial Risk and Regulatory services, will provide you with the opportunity to help business leaders embed a proactive and dynamic risk management capability and mind set into their corporate business practices. From strategy through to implementation, we help put in place people, processes and technology so they can leverage financial risk management to identify new opportunities and pursue success as smoothly, systematically and sustainably as possible in the face of changing markets, technologies and competition. Our team provides our clients with gap assessments as well as design and implement processes to facilitate asset and liability management, funding and liquidity planning and stress testing, and capital management. You’ll help build tools that enable our clients to efficiently utilise capital and liquidity resources, consistent with regulatory expectations.To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.As a Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:Develop new skills outside of comfort zone.Act to resolve issues which prevent the team working effectively.Coach others, recognise their strengths, and encourage them to take ownership of their personal development.Analyse complex ideas or proposals and build a range of meaningful recommendations.Use multiple sources of information including broader stakeholder views to develop solutions and recommendations.Address sub-standard work or work that does not meet firm's/client's expectations.Use data and insights to inform conclusions and support decision-making.Develop a point of view on key global trends, and how they impact clients.Manage a variety of viewpoints to build consensus and create positive outcomes for all parties.Simplify complex messages, highlighting and summarising key points.Uphold the firm's code of ethics and business conduct.Job Requirements and Preferences:Basic Qualifications:Minimum Degree Required:Bachelor DegreeMinimum Year(s) of Experience:6 year(s)Preferred Qualifications:Degree Preferred:Master DegreePreferred Fields of Study:Analytics,Applied Mathematics,Banking and Finance,Engineering and Business,Finance & Investment Analysis,International Business,Mathematical Economics,Mathematical Statistics,Quantitative Finance,Risk ManagementPreferred Knowledge/Skills:Demonstrates extensive abilities and/or a proven record of success in project management and/or client consultations in the area of Treasury, including: Solving complex problems for financial institutions; Understanding of Financial Services products and services (e.g., Retail Banking, Commercial Banking, Capital Markets, Asset Management, Insurance); Demonstrating knowledge of a broad range of treasury instruments and financial products used to manage liquidity and balance sheet risk; Understanding of the interconnectedness across the financial risk stripes including interest rate risk / asset liability management, capital management and liquidity risk management; and, Demonstrating knowledge of macroeconomic, banking industry and regulatory environment as they relate to financial institutions;  Demonstrates extensive-level understanding of Liquidity Risk Management, including: Possessing knowledge of liquidity management, including intraday liquidity management, cash management, liquidity stress testing, contingency funding planning, cash flow forecasting, and recovery and resolution planning; Possessing knowledge of liquidity requirements under Reg YY, OCC bulletins and Federal Reserve SR letters; Possessing knowledge to develop and implement comprehensive liquidity risk management strategies and policies, aligned with regulatory guidelines and industry standards; Possessing knowledge to help institutions establish frameworks to monitor and analyze liquidity risk metrics, including cash flow projections, stress testing, and scenario analysis, to identify potential vulnerabilities and recommend appropriate risk mitigation measures;Conducting reviews of liquidity risk management processes and controls, identifying areas for improvement and implementing necessary enhancements; and, Possessing knowledge and experience executing proactive risk management strategies, frameworks and tools, including risk identification, risk reporting, limit monitoring/escalation and excess resolution.  Demonstrates extensive-level ability to design and implement process improvement solutions and analyzing financial and/or balance sheet data, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint), where applicable, including: Obtaining, processing, and analyzing large data sets, including through the usage of SQL, SAS, Teradata and other data analysis tools; Evaluating programmatic operations and processes; Assessing the quality, comparability, and utility of different datasets; and, Communicating value propositions, writing and delivering results to prospective clients or team members. Travel RequirementsUp to 40%Job Posting End DateLearn more about how we work: https://pwc.to/how-we-workPwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.All qualified applicants will receive consideration for employment at PwC without regard to race; creed; color; religion; national origin; sex; age; disability; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, marital, or citizenship status; or any other status protected by law. PwC is proud to be an affirmative action and equal opportunity employer.For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlinesThe salary range for this position is: $100,000 - $232,000, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceSummaryLocation: NY-New York; FL-Tampa; NC-Charlotte; GA-Atlanta; IL-Chicago; DC-Washington; TX-Dallas; FL-Miami; CA-Los Angeles; CO-Denver; MA-Boston; CA-San Francisco; PA-Philadelphia; WA-Seattle; TX-HoustonType: Full time