Liquidity Risk Management Oversight Manager

1 month ago

Hicksville, New York, United States Flagstar Bank Full time
Job Summary

The Liquidity Risk Management Oversight Manager is responsible for overseeing and managing the Second Line of Defense liquidity and funding risk management oversight processes, ensuring compliance with regulatory requirements and risk appetite. This role involves implementing risk management frameworks, monitoring and analyzing short-term and long-term liquidity risk, and ensuring the organization's financial stability and resilience.

Key Responsibilities
  • Risk Management and Oversight
    • Establish and maintain robust governance frameworks for liquidity and funding risk management, ensuring clear roles, responsibilities, and accountability.
    • Oversee, implement, and maintain comprehensive liquidity and funding risk management frameworks, policies, and procedures.
    • Conduct independent assessments of liquidity and funding risk exposures, identifying potential vulnerabilities and areas for improvement.
    • Monitor and analyze the organization's liquidity positions and funding strategies, ensuring alignment with risk appetite and regulatory requirements.
    • Monitor intraday liquidity positions and ensure sufficient collateral is available to meet the organization's obligations.
    • Review and challenge the first line of defense's risk management activities, providing independent oversight and guidance.
    • Conduct regular reviews and testing of liquidity and funding risk management practices, identifying areas for improvement and ensuring adherence to internal policies and regulatory standards.
  • Regulatory Compliance
    • Ensure compliance with relevant regulatory requirements, guidelines, and industry best practices related to liquidity and funding risk.
    • Prepare and submit regulatory reports and disclosures, ensuring accuracy and timeliness.
    • Stay abreast of changes in the regulatory landscape and assess their impact on the organization's liquidity and funding risk management practices.
  • Reporting and Analysis
    • Ensure effective control mechanisms to monitor and manage liquidity and funding risks, including risk limits, thresholds, and escalation processes.
    • Prepare detailed risk reports and presentations for senior management, risk committees, and regulatory bodies.
    • Review and challenge stress testing and scenario analysis to evaluate the organization's resilience to liquidity shocks and funding pressures.
    • Oversee and redevelop as necessary key risk indicators (KRIs) compliance and escalation on an ongoing basis.
  • Stakeholder Collaboration
    • Collaborate with the first line of defense, including treasury, finance, and business units, to enhance liquidity and funding risk management practices.
    • Provide training and guidance to stakeholders on liquidity and funding risk management principles and practices.
    • Engage with auditors, regulators, and industry bodies to ensure alignment with best practices and regulatory expectations.
  • Talent Management
    • Responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning, and ensuring all staff comply with compliance requirements.
Additional Accountabilities
  • Performs special projects and additional duties and responsibilities as required.
  • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and completes required compliance trainings.
Job Requirements

Required Qualifications:

  • Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Economics, Risk Management, or a related field.
  • Minimum experience required: 7+ Years
  • Experience in liquidity and funding risk management, preferably within an OCC-regulated large banking organization or within a regulatory environment.

Preferred Qualifications:

  • Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Economics, Risk Management, or a related field.
  • An advanced degree and/or supervisory/professional certifications are preferred.

Job Competencies:

  • Strong understanding of liquidity and funding risk management frameworks, inter-agency regulatory requirements, and industry best practices (e.g., Basel III, LCR, NSFR).
  • Proficient in financial modeling, stress testing, scenario analysis, and in risk management software and tools.
  • Proven ability to analyze complex financial data, conduct and/or direct independent pro-forma stress testing, and prepare detailed risk reports.
  • Excellent communication and interpersonal skills with the ability to effectively interact with senior management, regulators, and other stakeholders.
  • Strong analytical and problem-solving skills, with a keen attention to detail.
  • Strong critical thinking and decision-making skills, with the ability to navigate complex and dynamic risk landscapes.
  • Highly organized and detail-oriented, with the ability to manage multiple priorities and deadlines.
  • Proactive and self-motivated, with a strong sense of accountability and integrity.
  • Uses independent judgement and discretion to make decisions.
  • Ability to work independently and as part of a team, fostering a collaborative and inclusive work environment.
  • Occasional travel.
  • Physical demands (ADA): No unusual physical exertion is involved.

  • Capital Planning Risk Oversight Manager

    3 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job SummaryThe Capital Planning Risk Oversight Manager is a critical role within Flagstar Bank, responsible for ensuring the organization's capital adequacy and resilience under various economic scenarios. This position oversees the second-line of defense oversight of the capital planning process, capital stress testing, and risk identification and...

  • Capital Planning Risk Oversight Manager

    2 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    JOB SUMMARY Flagstar Bank is seeking an experienced and highly skilled second-line of defense team member to play a critical role in ensuring the organization's capital adequacy and resilience under various economic scenarios.This position is responsible for overseeing the second-line of defense oversight of the capital planning process, capital stress...

  • Capital Planning and Stress Testing Risk Oversight Manager

    3 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job SummaryThe Capital Planning and Stress Testing Risk Oversight Manager plays a critical role in ensuring the organization's capital adequacy and resilience under various economic scenarios. This position is responsible for overseeing the capital planning process, capital stress testing, identifying and assessing risks, analyzing pre-provision net revenue...

  • Risk Management Lead

    3 weeks ago

    Hicksville, New York, United States Priority Technology Holdings, LLC Full time

    Job SummaryAs a seasoned professional in underwriting, you will lead our team in assessing and evaluating risk for our organization. The ideal candidate will possess a strong background in underwriting principles, risk assessment, and team management, with a keen eye for detail and the ability to make sound decisions in a fast-paced environment.Key...

  • Risk Management and Shared Treasury Professional

    3 weeks ago

    Hicksville, New York, United States National Grid Full time

    Job SummaryWe are seeking a highly motivated and detail-oriented Risk Management and Shared Treasury professional to join our team. As a Risk Management and Shared Treasury professional, you will be responsible for identifying, analyzing, and addressing risks that could impact our organization. You will work closely with our team to ensure that our...

  • Underwriting Manager

    3 weeks ago

    Hicksville, New York, United States Priority Full time

    Job Title: Underwriting ManagerReports to: VP, Credit Risk ManagerDepartment: Risk ManagementLocation: Hicksville, NYGrade: 17Our Company: Priority Technology Holdings, Inc. is a leading financial technology company that specializes in providing integrated payments and banking solutions. Our innovative native platform empowers businesses to effortlessly...

  • IT Audit Manager

    3 weeks ago

    Hicksville, New York, United States Flagstar Bank, N.A. Full time

    Job SummaryThe IT Audit Manager is responsible for leading IT audits and ensuring that internal controls are in compliance with policies, procedures, agency regulatory and legal guidelines. This position requires experience in the audit and/or risk management profession, as well as excellent written and oral communication skills.Key Responsibilities:Lead...

  • Senior Financial Analyst

    2 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job Summary Flagstar Bank is seeking a highly skilled Senior Financial Analyst to join its Treasury team. As a key member of the team, the successful candidate will be responsible for advancing the bank's understanding of its customers, balance sheet, and risk exposures. The Analyst will use advanced quantitative and technical skills to produce insightful...

  • Clinical Manager RN NY

    3 weeks ago

    Hicksville, New York, United States Sunrise Senior Living Full time

    Sunrise Senior Living is seeking a dedicated and compassionate Clinical Manager to lead our Home Health team. As a Clinical Manager, you will be responsible for providing overall leadership and management of the health and well-being of 150+ Home Health patients.Responsibilities:Oversight of all clinical programsQuality assurance and regulatory...

  • Clinical Manager RN

    4 weeks ago

    Hicksville, New York, United States Sunrise Senior Living Full time

    OverviewSunrise Senior Living is a leader in senior care, and we're committed to providing quality care and services to our residents. As a Clinical Manager RN, you'll play a key role in leading our healthcare team and ensuring the best possible outcomes for our patients.ResponsibilitiesOversight of all clinical programs, ensuring quality and regulatory...

  • Clinical Manager RN

    3 weeks ago

    Hicksville, New York, United States Sunrise Senior Living Full time

    Lead Clinical Excellence at Sunrise Senior LivingSunrise Senior Living is a leader in senior care, and we're seeking a skilled Clinical Manager to join our team. As a Clinical Manager, you'll oversee the health and well-being of our Home Health patients, ensuring they receive the highest quality care.Key Responsibilities:Oversight of all clinical programs to...

  • Clinical Manager RN

    1 month ago

    Hicksville, New York, United States Sunrise Senior Living Full time

    Lead Clinical Excellence at Sunrise Senior LivingSunrise Senior Living is seeking a dedicated and compassionate Clinical Manager RN to oversee the health and well-being of our Home Health patients. As a key member of our team, you will be responsible for providing leadership and management of our clinical programs, ensuring quality care and regulatory...

  • Research Manager

    2 weeks ago

    Hicksville, New York, United States Walmart Full time

    Job DescriptionPosition SummaryWe are seeking a highly motivated and analytical research professional to join our Research Team at Walmart. The Research Manager is responsible for cultivating and maintaining strong relationships with cross-functional stakeholders and clients, delivering a high level of customer satisfaction and successful product use.Key...

  • Clinical Manager RN Lead

    4 weeks ago

    Hicksville, New York, United States Sunrise Senior Living Full time

    Sunrise Senior Living is seeking a highly skilled Clinical Manager to lead our healthcare operations team. As a Clinical Manager, you will be responsible for providing overall leadership and management of the health and well-being of our residents. This includes overseeing all clinical programs, ensuring quality assurance and regulatory compliance, and...

  • Clinical Manager RN NY

    4 weeks ago

    Hicksville, New York, United States Sunrise Senior Living Full time

    OverviewSunrise Senior Living is a leading provider of senior care services, and we're seeking a highly skilled Clinical Manager to join our team. As a Clinical Manager, you will be responsible for providing overall leadership and management of the health and well-being of our Home Health patients.ResponsibilitiesOversight of all clinical programs, ensuring...

  • Cash Management Support Specialist

    4 weeks ago

    Hicksville, New York, United States New York Community Bank Full time

    Job SummaryThe Cash Management Support Coordinator plays a vital role in ensuring the seamless delivery of Cash Management services to our customers. This position requires a strong understanding of internal processing systems and the ability to provide exceptional customer support. As a key support partner to our retail branches and second-level support for...

  • Senior Sales Director for Flagstar Financial

    2 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job Summary:The Director National Sales for Flagstar Financial & Leasing will assist the division heads in developing the overall sales strategy for the company. This includes market focus, product development, job descriptions, and workflow design.This position will work with senior management in commercial banking to develop appropriate products and...

  • Internal Audit Manager

    2 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job SummaryThe Internal Audit Manager - Data Analytics is responsible for leading data-based audits and data analytics within Flagstar Bank. This role ensures that internal data controls are in compliance with policies, procedures, agency regulatory and legal guidelines.Key ResponsibilitiesManage direct reports and lead senior and staff auditors in the...

  • Head of Internal Audit

    3 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job SummaryThe Head of Internal Audit – BSA/AML and Compliance will lead the delivery of value-added independent internal audit assurance services over Bank Secrecy Act (BSA), Anti-Money Laundering (AML) Banking and Corporate compliance related functions. This role requires a comprehensive understanding of financial institution regulatory compliance,...

  • Head of Internal Audit

    2 weeks ago

    Hicksville, New York, United States Flagstar Bank Full time

    Job Summary:The Head of Internal Audit – Lines of Business is a key leadership role at Flagstar Bank, responsible for leading the delivery of value-added independent internal audit assurance services across all lines of business functions. This role requires a strong understanding of internal audit best practices, industry standards, and regulatory...