AVP, Liquidity Risk Management

About the role

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.

Responsibilities

• 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 escalate breaches as appropriate
• Assessing data requirements and helping build out Risk’s access to strategic data
• Avoidance of regulatory requests
• Collaborating with Treasury, Compliance, and other groups as needed

Qualifications

• 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

Skills

• 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

Benefits

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

Additional Benefits:
- Annual discretionary incentive and retention bonus
- Competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
- Paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law.