Advisory Financial Services Risk, Data & Regulatory, Liquidity - Senior Consultant
Deloitte
- Atlanta, GA
- $88,564-170,913 per year
- Permanent
- Full-time
- Develop and implement enterprise-wide programs to efficiently and comprehensively address regulatory and business requirements
- Respond to evolving regulatory environments
- Lead and deliver small engagements, or components of large, complex engagements for financial services clients. Typical engagements include process improvement, operating model design and implementation, risk assessment and management, and controls testing engagements across three lines of defense
- Use a combination of direct management and hands-on delivery to craft solutions for clients, guide and oversee the quality of the team's deliverables and recommendations and manage day-to-day stakeholder relationships
- Demonstrate appropriate compliance and control of interest rate and liquidity risk
- Implement programs, measures, and tools to efficiently manage interest rate and liquidity risks
- Address limited availability of internal resources and subject matter expertise
- Contribute to Deloitte's thought leadership and business development activities
- Oversee the development of junior staff
- Bachelor's Degree in business, economics, finance, or other quantitative fields (e.g., mathematics, statistics, etc.)
- 4 years of relevant work experience in a consulting role or in the Treasury or Liquidity risk function within the financial services industry
- Demonstrate understanding of liquidity or asset & liability management and/or associated risks
- Ideal candidates should have practical experience with any of the following:
- Liquidity and asset & liability management regulations and supervisory guidance letters that include, but are not limited to; Enhanced Prudential Standards-Regulation YY, Basel III LCR and NSFR, FR 2052a, SR 10-1 Interagency Advisory on Interest Rate Risk, BCBS 368 - Interest Rate Risk in the Banking Book, SR 10-6 Interagency Policy Statement on Funding and Liquidity Risk Management, and SR 16-3 Interagency Guidance on Funds Transfer Pricing
- Experience in the implementation and execution of a liquidity risk management framework and supporting processes across legal entities, business segments and on-and-off balance sheet products
- Knowledge across financial institution's retail and wholesale products to monitor changes in the firm's balance sheet strategy to help identify emerging interest rate and liquidity risks
- Experience working closely with Treasurers and Senior Management through the identification of emerging asset & liability management, interest rate, and liquidity risks
- Exposure to firm-wide governance frameworks for liquidity risks, including enhancements related to the changing regulatory environment and compliance with regulatory expectations
- Knowledge of traded products and associated cashflows
- Demonstrate understanding of business processes, regulatory requirements, and internal controls for financial institutions
- Knowledge of the structure and roles within the risk or regulatory function at a financial institution
- Experience identifying client business issues, creating deliverables, building stakeholder relationships, and developing persuasive recommendations
- Experience working in a collaborative, team-based environment to solve business challenges and drive change in large organizations
- Experience utilizing quantitative and qualitative problem-solving skills, with high capacity for solving business problems with incomplete information
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
- Ability to travel 30-50%, on average, based on the work you do and the clients and industries/sectors you serve keep.
- Subject matter expertise in a financial services sub-area like Retail Banking, Commercial Banking, Transaction Banking, Wholesale Banking, Cards & Payments, Wealth Management, Investment Management, Real Estate, Private Equity, Capital Markets
- Experience with Liquidity Risk Management and other related Treasury functions, including associated data, models, processes and controls
- Familiarity with liquidity regulatory reporting (e.g., 2052a, LCR, NSFR)
- Familiarity with liquidity stress testing (LST)
- Working knowledge of funding and liquidity risk, collateral management, asset and liability management, intraday liquidity and cash management, funds transfer pricing, and interest rate risk
- Experience with the contents and implementation of specific regulatory initiatives such as: Dodd-Frank, general consumer compliance, regulatory structure and organizations including FRB, OCC and CFTC.