Wise
Job title:
Liquidity Risk Senior Manager
Company
Wise
Job description
Company DescriptionWise is a global technology company, building the best way to move and manage the world’s money. Min fees. Max ease. Full speed.Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their life easier and save them money.As part of our team, you will be helping us create an entirely new network for the world’s money. For everyone, everywhere.More aboutJob DescriptionWe are seeking a capable and enthusiastic Liquidity Risk Senior Manager to join our team in London. The successful candidate will be responsible for providing support and second line risk management advice and oversight to Wise Group. This role requires a seasoned professional with a deep understanding of Liquidity Risk and relative regulatory requirements, and industry best practices.What you’ll be doing:Support the head of Financial and Prudential Risk withgaining deep understanding of product and client features & associated liquidity risk drivers & associated data / reporting requirementsenhancing liquidity risk metrics & qualitative indicators, appetites, thresholds, BAU and stressed management actions, governance and escalationenhancing processes for risks monitoring and reporting & associated analyticsliquidity risk ongoing monitoring and reporting activities, while keeping abreast of internal and external events with potential impact on liquidityenhancing the liquidity risk stress testing and scenario libraryownership of the liquidity risk policy and some sections of the ILAAPunderstanding (and modelling, with support of our Risk Analytics resources) of client behaviour under BAU and stressed circumstance (in order to influence funds transfer pricing between Product Treasury and Corporate Treasury and eventually external pricing to clients)providing 2LOD controls assurance and supporting RCSA exercisesproject management of delivery of remedial actions (breaches, issues, etc)Work closely with the first line of defence to develop a deep understanding of our products, business strategy, pricing, and consequently supporting the launch of new products or initiativesPrepare and provide training for colleagues on liquidity risk management, or develop a form of management that raises the level of risk and control mindsetPrepare presentations for group risk committeesWhat you’ll bring:7+ years of experience in liquidity risk management in either 1LOD or 2LODStrong knowledge of liquidity risk management tools, frameworks and metrics, e.g. HQLA investment policy, monetisation value and techniques, liquidity stress testing parametrisation and scenarios, intraday liquidity management, currency survival horizon, LCR and NSFR management, asset encumbrance, loans to deposit ratio, tenor and counterparty concentration, BAU vs stress customer behaviour, traded instruments such as interest rate swaps, FX swaps, repos, cost of liquidity / funds transfer pricing, contingency funding indicators and actions, liquidity forecast for budgeting purposes, etc.Experience with (i) linking product and customer features to data requirements (ii) data normalisation and aggregation (iii) data analysis, to extract patterns and trends to better understand risk, customer behaviour, emerging risk exposures etc (ii)Power BI / SQL / Python /VBA/etcExcellent analytical, problem-solving, and decision-making skills, with the ability to analyse complex issues and develop practical solutions in a dynamic and multicultural environment.Confident, resilient, with a presence and a determination to succeed in a dynamic and demanding business environmentExcellent communication and interpersonal skills, with the ability to effectively interact with senior management, regulators, and other stakeholdersIt would be ideal but not essential if you had:FRM or CFA qualificationDegree in Maths, Physics, Statistics, or a related fieldQualifications#LI-SLSalary £85000 – £115000Additional InformationFor everyone, everywhere. We’re people building money without borders – without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.We’re proud to have a truly international team, and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.If you want to find out more about what it’s like to work at Wise visit .Keep up to date with life at Wise by following us on and .
Expected salary
£85000 – 115000 per year
Location
London
Job date
Sat, 14 Dec 2024 08:16:43 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.