Home
/
Comprehensive
/
Senior Vice President, Market and Liquidity Risk
Senior Vice President, Market and Liquidity Risk-August 2024
Pittsburgh
Aug 29, 2026
ABOUT BNY MELLON
You can make a difference by working at BNY Mellon, where finance, technology, and business intersect to power the global financial industry.
10,000+ employees
Financial Services, Technology
VIEW COMPANY PROFILE >>
About Senior Vice President, Market and Liquidity Risk

  Reference #: 49792The Treasury department is responsible for the management of BNY Mellon's $442 Billion balance sheet.  It assumes a variety of risks in its activities to generate greater than $3 Billion in annual net interest income, largely through the monetization of the firm's deposit base with a $156 Billion investment portfolio of fixed income securities.  Additionally, the Treasury drives the allocation of the Firm's financial resources across the company, balancing capital and liquidity needs and demands and works to create the appropriate financial incentives for the businesses using these scare resources.The Interest Rate Risk in the Banking Book (IRRBB) oversight function is the second line of defense responsible for the oversight of the Asset and Liability Management on IRRBB at BNY Mellon.  The team is meant to ensure that IRRBB is identified, measured, controlled, reported, and monitored by first line of defense; the main responsibilities include, but not limited to: Independently reviewing and challenging the first line of defense's IRRBB management processes; Owning the IRRBB limit framework; Reviewing and evaluating the IRRBB aspects of significant new products / services, business process changes, and entity structures/acquisitions/divestures changes.  Key Treasury counterparts include Corporate Treasury, at the corporate level and across the world.  Asset-Liability management, liquidity, and capital knowledge is critical to understanding deployment constraints and trade-offs.  IRRBB oversight team works very actively with the other Treasury Risk functions, and within Risk & Compliance functions relating to interest rate risk.  The team also considers regulatory implications of balance sheet activity.  As BNY Mellon is a Global Systemically Important Bank (GSIB), the regulatory requirements and expectations for the Treasury and Treasury Risk are at the highest standard in the country.The Senior Vice President, Market & Liquidity Risk is an individual contributor working within the Portfolio Risk team and will be responsible for a variety of activities including:Develop an understanding of the end to end Risk Management process, Models, and Risk limits across various asset classes. Build a foundation to review and challenge and improve the existing framework.Evaluate and present analysis on new risk taking initiatives raised by IRRBB group.Perform in depth risk analysis, reporting, and monitoring, in line with established practices.Conducting deep dives on asset classes and individual securities as well as end-to-end risk management evaluations covering surveillance, valuation, impairment, and stress modeling.Assisting in producing content for the Treasury Risk control committees and Business Committee, while building the necessary expertise in the area to participate in the future where relevant.Engaging with portfolio managers and business partner areas in respect of new products, business process changes, or other emerging risks.Working closely with Risk Managers from Liquidity Risk and Interest Rate risk to gain a holistic understanding of the guiding principles in those work streams.Responsibilities and opportunity will evolve with the rapid development of the IRRBB Risk function, Treasury Risk function, and Risk & Compliance department.Minimum of 8 years of total work experience with 10-12 years of experience in market or liquidity risk preferred. Experience in financial services is strongly preferred. Background in math, statistics, finance, economics, risk management,  operations research, engineering or a similar field is preferred.

  BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $111,000 and $158,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

  BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.Minorities/Females/Individuals With Disabilities/Protected Veterans.

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Senior Software Developer
Job Description Cloud Engineering Infrastructure Development Design, develop, troubleshoot, and debug software programs for databases, applications, tools, networks etc. As a member of the software e
Field Sales Representative
Job Description: Join an elite group of sellers bringing customized, white glove experiences directly to the customer’s door. Field Sales Representatives at AT&T are driven to connect –every inte
Pharmacy Technician
Job Description: In accordance with state and federal regulations, assists the pharmacist, under direct supervision, in the practice of pharmacy. Assists the pharmacist in the performance of other Ph
Overnight Waste Collection CDL Driver - Jersey City (Driving in Manhattan)
Overview Action Carting Environmental Services/ Interstate Waste Services is the most progressive and innovative provider of solid waste and recycling services in the country! We primarily service No
Senior Software Development Engineer (OCI)
Job Description The Oracle Cloud Infrastructure (OCI) team can provide you the opportunity to build and operate a suite of massive scale, integrated cloud services in a broadly distributed, multi-ten
Development Assistant
JOB REQUIREMENTS: Position: Development Assistant Location: Oregon, WIJob Id: 2616 # of Openings: 1 Development Assistant A DevelopmentAssistant is responsible for providing both administrative and t
network system & telecommunication administrator senior professional
network system & telecommunication administrator senior professional Location: Roma, IT, 00154 Requisition ID: 14143 IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and respo
Communications Specialist - Communications Specialist 4
Working Title: Communications Specialist Job Class: Communications Specialist 4 Agency: Mn Management & Budget Who May Apply : Open to all qualified job seekers Date Posted : 01/19/2024 Closing D
Roadway Project Manager - WwyadkRpBmQM-6411
This job was posted by https://illinoisjoblink.illinois.gov : For moreinformation, please see:https://illinoisjoblink.illinois.gov/jobs/11601464 Text GBA17 to913-578-6106 to apply today! Position: Ro
Activity Therapist
Description Complete activity assessment through patient observation and patient/family interview, obtaining information on the patient’s needs, skills, interests and limitations for the development
Copyright 2023-2026 - www.zdrecruit.com All Rights Reserved