Associate, Market and Liquidity Risk II

Reference #: 57663

Associate, Market & Liquidity Risk II

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Associate, Market & Liquidity Risk II to join our Counterparty Credit Risk team. This role is located in Pittsburgh, PA in a Hybrid work environment.

About the team:

Counterparty Credit Risk ("CCR") is a 2nd Line-of-Defense function within Credit Risk that will enhance oversight and controls over CCR metrics. The Senior Vice President will be responsible for counterparty credit risk management and reporting, including stress testing development and review, as well as providing leadership for governance functions, presenting to key oversight committees, and acting as a regulatory liaison.

In this role, you'll make an impact in the following ways:

Ensures counterparty credit risk data analysis, reporting and monitoring are being completed effectively and in a timely manner. Identifies, investigates and corrects or escalates counterparty credit risk issues within defined parameters.

Support senior staff with a range of activities, including counterparty credit risk data analysis, reporting and monitoring, data sourcing, data aggregation and data management for the business(es) supported and for counterparty credit risk management.

May produce periodic risk, liquidity, and/or market commentaries for review.

Assists in building the infrastructure and processes to extract, collate, aggregate, format and analyze collateral and exposure risk, position, and/or liquidity data in a manner that is consistent with industry and regulatory standards.

With senior staff, interacts with risk members to ensure adherence to risk policies and that technologies are shared to maximize collective efficiency.

Supports senior staff in interactions with business partners, to review collateral requests and investigate and document limit excesses, breaches, and breach remediation in compliance with prescribed policies.