Job Description

Manager, Structural Market Risk Oversight Job Summary: Talent Software Services is in search of a Manager, Structural Market Risk Oversight for a contract position in Chicago, IL. The opportunity will be a year with a strong chance for a long-term extension. Position Summary: You will work closely with stakeholders across Risk and Finance and observe the connections between various Treasury Risk functions (ALM, Funds Transfer Pricing, Capital, Liquidity & Funding). The group focuses on interest rate risk and oversees corporate treasury, functioning as second-line oversight. Primary Responsibilities/Accountabilities: Analyze risk metrics (Economic Value of Equity, PV01, Earnings at Risk) from modelling, interest rate and balance sheet changes/movements. Monitor structural market risk limits set by the bank as a second line of defense function. Deviations and excesses from structural market risk limits require investigation and sign-off from executives. Review and challenge models and non-model assumptions. Prepare presentations and materials on structural market risk position to be discussed at committee meetings comprised of senior leaders of Market Risk and Corporate Treasury. Support audit and regulatory findings remediation efforts. Conduct research and develop tools that use data to make better decisions. Apply knowledge of risk assessment and controls along with extensive understanding of industry compliance standards and regulations. Identify ways of mitigating potential risks; recommend and implement solutions based on analysis of issues and implications for the business. Document data flow, systems and processes to improve the design, implementation, and management of business/group processes. Conduct quantitative research in risks across strategies and portfolios. Work independently and regularly handle non-routine situations. Review structural market risk models and assumptions. Risk committee reporting & analysis. Work with QRM to extract data and reports for analysis. Qualifications: Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Microsoft Office Foundational Level of Proficiency Regulatory capital and stress testing. Compliance and regulation. Machine learning. Learning Agility. Systems Thinking. Intermediate Level of Proficiency Asset liability management Model risk management. Data management. Critical thinking. Driving Results. Verbal & written communication skills. Collaboration & team skills. Analytical and problem-solving skills. Data-driven decision making. Advanced Level of Proficiency Quantitative financial modeling. Deep knowledge and technical proficiency gained through extensive education and business experience. Preferred: QRM experience If this job is a match for your background, we would be honored to receive your application! Providing consulting opportunities to TALENTed people since 1987, we offer a host of opportunities, including contract, contract to hire and permanent placement. Let's talk!aa415a4b-8b21-40fc-a65c-70d2b25ca29a

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