Location: New York,NY, USA
As a Liquidity Risk Vice President, you will be responsible for driving project improvement for the liquidity risk management framework, reviewing and challenging the 1st line's processes, and developing new control processes. This is an exciting opportunity for you to showcase your risk project leadership abilities and engage across products, business lines, and US regulators.
You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.
Salary / Rate Minimum: 150,000
Salary / Rate Maximum: 200,000
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.
Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.
Purpose of the role
To safeguard the bank's financial stability by assessing, managing and mitigating liquidity risk, which revolves around the bank's ability to meet its short-term financial obligations and access funding at reasonable rates in different market conditions.
Accountabilities
* Development and implementation of a comprehensive liquidity risk framework, including metrics, forecasting models, liquidity limits and stress testing scenarios.
* Assessment, review and improvement of the adequacy and appropriateness of Treasury's strategies to optimise the bank's liquidity position, including managing cash reserves, borrowing facilities, and asset-liability matching.
* Monitoring daily liquidity positions, inflows, outflows, and potential funding gaps and report on liquidity risk metrics to senior management and regulators.
* Identification and assessment of potential sources of liquidity risk, such as market volatility, customer withdrawals, and regulatory changes.
* Development and testing of contingency plans to address liquidity shortfalls and market disruptions and Implementation of corrective actions as needed to maintain adequate liquidity levels.
Vice President Expectations
* Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
* Manage and mitigate risks through assessment, in support of the control and governance agenda.
* Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
* Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
* Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
* Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
* Adopt and include the outcomes of extensive research in problem solving processes.
* Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.