Overview

Pure Search are delighted to be working with a bulge bracket bank on their search for a Vice President in Liquidity Risk.

Responsibilities

• Development, implementation of a comprehensive liquidity risk framework, including metrics, forecasting models, liquidity limits and stress testing scenarios.
• Serve as model owner for key liquidity models, including setting and reviewing model assumptions to ensure they remain appropriate and robust.
• 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.
• Lead the definition, calibration, and monitoring of liquidity risk limits in alignment with the bank’s risk appetite. Partner with Treasury and business units to ensure adherence and resolve breaches.
• Represent the Risk function in external regulatory examinations and internal audit reviews. Provide clear and confident responses around methodology, governance, and controls.

Required Experience

• Experience in liquidity risk, funding risk, or balance sheet management within a bank or financial services institution.
• In-depth understanding of regulatory liquidity metrics and frameworks (e.g. LCR, NSFR, ILST, PRA110, ILAAP framework).
• Good working knowledge of financial instruments, market dynamics, and stress testing techniques.
• Demonstrated ability to manage competing priorities and drive deliverables under pressure.
• Good stakeholder and communication skills, with experience engaging cross-functional teams and external regulators.

Given this is a VP level position, there is also an expectation to own your responsibilities, manage end to end, and possess strong communication and stakeholder management skills.

No sponsorship is available for this position.

This role is hybrid 3 days per week in the office.

Please apply or reach out to daisycatterall@puresearch.com to arrange time to speak if you meet the above criteria.