Home
/
Comprehensive
/
Senior Vice President, Market and Liquidity Risk
Senior Vice President, Market and Liquidity Risk-May 2024
Pittsburgh
May 2, 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
Day Shift Forklift Driver - Recycling Technician
As a global marketing experience company, Quad’s goal is to help our clients win every day. We use our data-driven integrated marketing and manufacturing platform to streamline solutions for our clie
Project Manager II - Solid Waste Seller/Doer
36660BR Requisition ID: 36660BR Business Unit: TSU Job Description: CDM Smith has a new career opportunity for a proven leader in the Environmental Services Group! We are looking for a self-motivated
Driver
Updated Pay Plan! Ask about our new Dynamic Pay Plan! As a Refrigerated Midwest Regional Fleet professional CDL truck driver, you’ll haul mostly cheese and other frozen or temperature controlled prod
Workday Certified Data Lead - Northeast Market Unit
Who We AreWe are Accenture, a global professional services company, searching for a Workday Data Lead. This individual will be part of a team of advisory professionals focused on cloud-based data-rep
Caregiver (CNA/HCA)
Sunrise Senior Living was again certified as a Great Place to Work® by Activated Insights. This is the 6th time Sunrise has received this top culture and workplace designation, highlighting the speci
Brand Ambassador Part Time
Job Posting Overview Weekly Pay Flexible Schedule Fun Work Environment Career Advancement Opportunities This part time associate promotes alcohol products for suppliers at multiple Target locations w
Quality Technician
57917BR Title: Quality Technician Job Description: Quest Global is an organization at the forefront of innovation and one of the world’s fastest growing engineering services firms with deep domain kn
Occupational Therapist-Outpatient Pediatric
Details Department: Rehabilitation Services Schedule: Part time Day shift, Monday - Friday, 8-5:30. Schedule allows for some flexibility and offers opportunities to supplement weekly hours in IPR and
Maintenance Tech 2 Fri-Sun ( 4th Shift Start Time 6 PM)
Maintenance Tech 2 Fri-Sun ( 4th Shift Start Time 6 PM) Date: Jan 17, 2024 Brand: Luxottica (LoA Corporate) Location: Lockbourne, OH, US, 43137 Requisition ID: 832588 Position: Full-Time We are Essil
Associate Director, Regulatory Program Manager (1 of 7)
Associate Director, Regulatory Program Manager (1 of 7) - 2306158971W Description Janssen Research & Development, LLC, a member of Johnson & Johnson's Family of Companies, is recruiting for a
Copyright 2023-2026 - www.zdrecruit.com All Rights Reserved