Senior Market Risk Specialist

2 weeks ago


Deerfield Beach, Florida, United States Discover Full time

Discover a Brighter Future with Us

At Discover, you will engage in impactful work from your first day. Our inclusive culture is founded on three essential principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We are committed to your growth and to making a significant impact at one of the world's foremost digital banking and payments organizations. We celebrate individuality, providing you with the opportunity to excel.

Position Overview:

The Principal Market & Liquidity Risk Specialist is tasked with the implementation, maintenance, and enhancement of the market and liquidity risk oversight framework. This role is crucial in reviewing and assessing market and liquidity risk management processes to ensure alignment with internal policies and regulatory standards. You will identify enhancement opportunities and support sustainable business growth through effective risk management practices.

Key Responsibilities:

  • Oversee the market risk management process, including the evaluation of interest rate risk measurement methodologies and balance sheet positioning strategies to ensure compliance with regulatory standards.
  • Manage the liquidity risk oversight process, including the assessment of liquidity stress testing frameworks and contingency funding plans.
  • Collaborate with first-line teams to update risk inventories, Risk Appetite Limits, Key Risk Indicators (KRIs), and Early Warning Indicators (EWIs).
  • Conduct quarterly validations of risk appetite and KRI metrics to ensure accurate reporting to senior management.
  • Review and validate the economic capital modeling process to determine the necessary economic capital for interest rate risk.
  • Analyze the company's funds transfer pricing practices to ensure appropriate risk and reward allocation among business lines.
  • Perform benchmarking analysis against peer institutions to identify gaps and ensure alignment with industry best practices.

Qualifications:

Essential:

  • Bachelor's Degree in Finance or a related discipline.
  • A minimum of 4 years of experience in Treasury, Finance, Asset Liability Management, or related risk oversight functions.
  • Alternatively, 8 years of relevant experience may substitute for a degree.

Preferred:

  • Master's Degree in Finance or a related field.
  • 6+ years of experience in relevant risk oversight functions.
  • Professional certifications such as FRM or CFA.

Compensation and Benefits:

The compensation for this position typically ranges between $88,500.00 to $149,000. Additional incentives may be included as part of a competitive total compensation package. Various factors, including geographical location, relevant experience, education, and skill level, may influence the pay.

We offer a comprehensive range of benefits and programs based on eligibility, including:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • Short-Term Disability, Life, Long-Term Disability, and Accidental Death & Dismemberment Insurance
  • Recognition Programs
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan

At Discover, we prioritize our customers in every aspect of our work. Each employee contributes to a culture that values compliance and risk management.

Discover is dedicated to fostering a diverse and inclusive workplace and is an equal opportunity employer.


  • Senior Client Advisor

    2 weeks ago


    Deerfield Beach, Florida, United States Baldwin Risk Partners Full time

    The objective is to play a vital role within the Commercial Lines division, collaborating with Advisors, Directors of Risk Management, Client Service Specialists, and other team members to provide exceptional service to our commercial clientele. This position involves cultivating professional relationships with clients, insurance providers, and agency staff...


  • Deerfield Beach, Florida, United States Discover Financial Services, Inc. Full time

    Join Our TeamAt Discover Financial Services, Inc., we are dedicated to meaningful work from the very first day. Our culture thrives on three core principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We genuinely want you to grow and make a significant impact in the world of digital banking and payments.Your RoleAs a Senior Business...


  • Deerfield Beach, Florida, United States JM Family Enterprises Full time

    **Job Summary:**The Senior Risk Management Specialist at JM Family Enterprises will play a crucial role in managing and controlling risk for Retail and Lease lending. This position involves conducting detailed analyses, monitoring credit risk metrics, and collaborating on strategy enhancements to improve efficiency and automation within the organization.Key...


  • Deerfield Beach, Florida, United States Discover Full time

    Join Us for a Brighter Future.At Discover, you will engage in impactful work from the very start. Our team-oriented culture is founded on three essential principles: We Strive for Excellence, We Continuously Improve, and We Achieve Success Together. We genuinely want you to thrive and contribute to one of the foremost digital banking and payments...


  • Deerfield Beach, Florida, United States Discover Full time

    Role OverviewThe Senior Operational Risk Manager is responsible for overseeing the comprehensive database of remediation initiatives. This role involves leveraging various software tools, including spreadsheets, relational databases, and analytical software, to effectively compile, manipulate, and present data and reports.Key ResponsibilitiesMaintain an...


  • Deerfield Beach, Florida, United States Dexian Full time

    Position: Risk and Control SpecialistOverview: This role focuses on the effective management of operational, financial, and compliance risks within the organization.Key Responsibilities:Risk and Control OversightFacilitates the identification and implementation of robust controls to mitigate various risks.Serves as a subject matter expert in maintaining a...


  • Deerfield Beach, Florida, United States Baldwin Risk Partners Full time

    The primary objective is to play a vital role within the Commercial Lines team, collaborating with Advisors, Directors of Risk Management, Client Service Specialists, and other agency personnel to ensure exceptional service delivery to our commercial clientele. This position requires the development of professional relationships with clients, insurance...


  • Deerfield Beach, Florida, United States Vibrant Full time

    Position Overview:The Senior Client Relationship Manager, Commercial Risk plays a pivotal role in our Insurance Advisory Solutions team. This position is essential for managing and nurturing relationships with commercial insurance carriers while leading service teams on significant accounts.Key Responsibilities:As a Senior Client Relationship Manager, you...


  • Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position OverviewThe Energy Market Risk Specialist is integral to ensuring that the energy marketing operations function within a secure framework and adhere to established risk management protocols.This role involves reviewing daily trading position exposures, including time and location spreads, cross-commodity arbitrage, options, and hedging activities...


  • Deerfield Beach, Florida, United States Discover Full time

    Discover a Brighter Future with UsAt Discover, you will engage in impactful work from the very start. Our inclusive culture is founded on three core principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We genuinely want you to thrive and make a significant impact at one of the leading digital banking and payments firms globally. We...


  • Deerfield Beach, Florida, United States Discover Full time

    Position OverviewThe Senior Manager of Business Risk Control is responsible for the development and execution of essential tools and resources aimed at ensuring adherence to established policies and standards.Key ResponsibilitiesTool Development: Create and implement job aids that facilitate the completion of compliance requirements.Control Implementation:...


  • Deerfield Beach, Florida, United States Discover Full time

    Role OverviewThe Senior Manager of Business Risk Control is responsible for the development and execution of essential tools and resources aimed at ensuring adherence to established policies and standards.Key ResponsibilitiesPolicy Implementation: Design and deploy job aids that streamline the fulfillment of compliance requirements.Risk Management: Identify...


  • Deerfield Beach, Florida, United States Discover Full time

    Role OverviewThe Senior Manager of Business Risk Control is responsible for the development and execution of essential tools and resources that support adherence to policies and standards. This role plays a critical part in identifying and implementing effective controls aimed at mitigating operational, financial, and compliance risks.Key...


  • Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position Overview:We are seeking a highly experienced and proactive Market Risk Manager to oversee our risk management initiatives within the energy sector. This pivotal role is essential for ensuring that our risk management strategies align with the dynamic landscape of energy trading.Key Responsibilities:Lead a dedicated team of market risk analysts,...


  • Juno Beach, Florida, United States NextEra Energy , Inc. Full time

    Position OverviewThis role is essential for overseeing the energy marketing operations within a controlled framework, ensuring compliance with established risk management parameters.As a key player in this position, you will supervise a team of analysts tasked with reviewing daily trading position exposures, including various spreads and hedging activities...


  • Juno Beach, Florida, United States NextEra Energy , Inc. Full time

    Position OverviewThis role is integral to ensuring that the energy marketing operations function within a well-regulated environment and adhere to established risk management parameters.Key ResponsibilitiesOversee a team of analysts focused on evaluating daily trading position exposures, including time and location spreads, cross-commodity arbitrage,...


  • Deerfield Beach, Florida, United States Segpay Full time

    Job OverviewBecome a pivotal part of SegPay as an Ecommerce Onboarding & Risk Management Specialist, contributing to the evolution of digital commerce.SegPay is in search of a meticulous and seasoned professional to take on the role of Ecommerce Onboarding & Risk Management Specialist. This position entails overseeing the secure and effective onboarding of...


  • Deerfield Beach, Florida, United States Discover Full time

    Join Us in Shaping the Future of Financial Services.At Discover, we believe in making a meaningful impact from the very start. Our inclusive culture thrives on three fundamental principles: We Strive for Excellence, We Continuously Improve, and We Achieve Success Together. We are committed to your growth and the opportunity to make a significant difference...


  • Deerfield Beach, Florida, United States Discover Full time

    Role Overview:As a Senior Business Strategy and Operational Risk Manager, you will provide essential logistical support and leadership for various initiatives aimed at establishing strategic direction and ensuring alignment within the organization. Key Responsibilities:1. Engage in business unit scorecard evaluations and process assessments.2. Offer...


  • Deerfield Beach, Florida, United States Discover Full time

    Envision a Future of Security and Growth. At Discover, we believe in the power of meaningful contributions from Day 1. Our team-oriented environment thrives on three fundamental principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We are committed to your personal and professional development, ensuring you have the opportunity to...