Funding and Liquidity Risk VP

Join us as a Funding and Liquidity Risk VP manager in a high-impact team at the heart of the bank’s risk oversight function, specialising in funding and liquidity risk management. As Vice President within the second line of defence, you will lead oversight across four critical pillars:
Internal Liquidity Stress Test modelling, Review & Challenge, Limit framework, and Regulatory engagement. This role provides unmatched exposure to the full breadth of financial products, offering a unique opportunity to become a subject matter expert in liquidity risk while developing your leadership and project management credentials.

• Modelling Ownership:
  Serve as model owner for key liquidity models, including setting and reviewing model assumptions to ensure they remain appropriate and robust.
• Review & Challenge:
  Independently review and challenge first line liquidity risk practices, and funding strategies, providing effective oversight and escalation where necessary.
• Limit Framework Management:
  Lead the definition, calibration, and monitoring of liquidity risk limits in alignment with the bank’s risk appetite. Partner with Treasury and business units to ensure adherence and resolve breaches.
• Regulatory Engagement:
  Represent the Risk function in external regulatory examinations and internal audit reviews. Provide clear and confident responses around methodology, governance, and controls.
• Stakeholder Management:
  Build good relationships with internal and external stakeholders, including regulators, to influence decisions and clarify expectations.

• Confirmed experience in liquidity risk, funding risk, or balance sheet management within a bank or financial services institution.
• In-depth understanding of regulatory liquidity metrics and frameworks (e.g. LCR, NSFR, ILST, PRA
  110, ILAAP framework).
• Strong working knowledge of markets businesses, with demonstrable experience across Prime Brokerage and Secured Funding, including a solid understanding of related liquidity and funding modelling assumptions.

• Demonstrated ability to manage competing priorities and drive deliverables under pressure.
• Good stakeholder and communication skills, with experience engaging cross-functional teams and external regulators.
• Previous management experience is desirable.

Location:

London with 3 anchor days in the office Wednesday, Thursday and Friday.

To safeguard the bank's financial stability by assessing, managing and mitigating liquidity risk, which revolves around the bank's ability to meet its short-term financial obligations and access funding at reasonable rates in different market conditions.

• Development and implementation of a comprehensive liquidity risk framework, including metrics, forecasting models, liquidity limits and stress testing scenarios.
• Assessment, review and improvement of the adequacy and appropriateness of Treasury’s strategies to optimise the bank's liquidity position, including managing cash reserves, borrowing facilities, and asset-liability matching.
• Monitoring daily liquidity positions, inflows, outflows, and potential funding gaps and report on liquidity risk metrics to senior management and regulators.
• Identification and assessment of potential sources of liquidity risk, such as market volatility, customer withdrawals, and regulatory changes.
• Development and testing of contingency plans to address liquidity shortfalls and market disruptions and Implementation of corrective actions as needed to maintain adequate liquidity levels.

• To contribute or set strategy, drive requirements and make recommendations for change. Plan…