Lead Liquidity Risk Analyst

2 weeks ago


Los Angeles, California, United States City National Bank Full time

SENIOR LIQUIDITY ANALYST

WHAT IS THE OPPORTUNITY?

As a key member of the Corporate Treasury team at City National Bank, the Senior Liquidity Analyst will play a crucial role in fulfilling the liquidity reporting requirements and conducting thorough analytics for the institution. This includes responsibilities related to the Liquidity Coverage Ratio, Internal Liquidity Stress Testing, Net Stable Funding Ratio, and compliance with regulatory standards. The role also involves addressing data requirements and analyses that arise from business operations, second-line oversight, and audit inquiries. The analyst will maintain and document the bank's liquidity assumptions, ensuring robust support for production and annual obligations, including testing the contingency funding plan.

Key Responsibilities

+ Conduct in-depth research and provide analytical support on liquidity risks associated with the bank's business activities, regulatory obligations, and enterprise governance frameworks.

+ Liquidity Reporting and Validation: Oversee the monthly production cycles and validation of outcomes for liquidity stress scenarios, along with standalone reporting needs when City National Bank exceeds regulatory compliance thresholds. This also includes addressing emergent needs in intraday reporting and assisting with deposit runs and the LCR/NSFR calculations.

+ Update and enhance departmental policies and procedures, including refining documentation and implementing updates and recommendations related to liquidity stress scenario assumptions.

+ Provide support for internal and external liquidity audits, ensuring compliance with the Federal Reserve Board and Office of the Comptroller of the Currency liquidity recommendations. Research and implement necessary changes to address findings from audits.

+ Assist in annual policy reviews, conduct annual contingency funding plan desktop tests, and support ongoing monitoring and refinement of early warning indicators, as well as contribute to the monthly ALCO package compilation.

+ Support various Treasury operations and participate in ad-hoc projects as required.

+ Perform additional duties as assigned.

Qualifications

+ Bachelor's Degree or equivalent experience.

+ At least 3 years of experience in financial analysis.

+ Minimum of 2 years of experience within a banking environment.

+ At least 1 year of experience focusing on liquidity risk.

Skills and Knowledge

+ Strong understanding of Treasury Operations with a focus on liquidity management.

+ Proficient knowledge of balance sheets, income statements, and accounting principles.

+ Experience with regulatory and/or risk-related financial reporting and modeling.

+ Strong quantitative abilities, including proficiency in Microsoft Excel VBA, SQL, and Python/R.

+ Capable of performing comprehensive analyses of large data sets and streamlining results into reporting formats.

+ Excellent analytical thinking and problem-solving capabilities.

+ Strong oral, written, and interpersonal communication skills, with the ability to convey complex concepts clearly and concisely, adapting communication styles to suit various audiences.

Compensation

Starting base salary: $87,027 - $138,965 per year. Compensation may vary based on skills, experience, and location. This position is eligible for bonuses and/or commissions.

Benefits and Perks

At City National, we are committed to excellence in all aspects, including the benefits and perks we provide to our employees. Discover more about our offerings.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer dedicated to fostering diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status.

ABOUT CITY NATIONAL

Our philosophy is simple: Business is personal. Since our inception, we have consistently gone above and beyond to support our clients, colleagues, and community. Founded in 1954 by entrepreneurs for entrepreneurs, City National Bank continues to uphold a legacy of integrity, community engagement, and exceptional client relationships, driving remarkable growth as a subsidiary of the Royal Bank of Canada, one of North America's leading diversified financial services companies.



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