The Director, Liquidity and Market Risk provides independent oversight of the credit union’s treasury activities, more specifically, liquidity, interest rate, as well as Capital risk management. This position is accountable for the development and management of risk measurement, monitoring, and reporting functions, as well as advising the Chief Risk Officer regarding risk tolerances, policies, and adherence to regulatory requirements. The Director stays abreast of the regulatory landscape and market conditions, including potential stress scenarios, and its impacts on the credit union risk limits and financials.
This role, with the support of the analytical risk team, is responsible for overseeing risk modeling, stress-testing relative to their area of expertise. Additionally, the Director collaborates with the treasury team for the development, implementation and testing of the liquidity and capital contingency plans.
Accountabilities
:
Provides leadership and direction to the team including recruitment, training and development, establishing annual goals and completing performance management processes. Works strategically with key internal partners and collaborates with cross functional teams across the organization.
:
Independently monitors and assesses the credit union liquidity and capital positions. Reviews and challenges stress-testing parameters, calibration, assumptions and management actions. Regularly maintains and enhances liquidity and capital risk management policies and frameworks to address evolving regulatory requirements and industry best practices. Oversees real-time risk monitoring and reporting, during high-volatility periods.
Reviews liquidity objectives, positions on a regular basis with the treasury team.
:
Oversees treasury stress-test activities. With the support of the Risk Analytics team, reviews and validates models used to measure liquidity, interest rate and funding risk. This also includes the credit union forecast of capital ratios. Recommends model and assumption changes as required.
:
Participates in the development and of contingency plans for potential market disruptions. Leads the testing of these plans annually.
:
Monitors the market environment and industry best practices to ensure First West’s capabilities continue to meet management and regulatory expectations. Identifies and analyzes emerging market risks that could impact the organization. Opines on the risks and benefits of potential management actions during times of economic and market stresses.
Required Skills, Experience & Qualifications
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search: