Risk Management Specialist

2 weeks ago


Newburyport, Massachusetts, United States Darling Consulting Group Full time
Job Title: Risk Management Specialist

Darling Consulting Group (DCG) is a leading national provider of consulting services and online solutions to community banks and credit unions. We are seeking a highly skilled Risk Management Specialist to join our team.

Job Summary:

The Risk Management Specialist will provide independent evaluation of the reasonableness, accuracy, and appropriateness of clients' ALM and Liquidity models and related modeling processes. This includes evaluating the adequacy and effectiveness of clients' liquidity risk management frameworks, stress testing methodologies, and contingency funding plans.

Key Responsibilities:
  • Evaluate clients' liquidity risk management frameworks and identify gaps in design and execution.
  • Assess compliance with regulatory requirements and internal policies related to liquidity risk management.
  • Review clients' processes and controls against leading liquidity practices and industry frameworks.
  • Communicate issues and recommendations to client management.
  • Provide recommendations to enhance/improve liquidity-related processes and decision-making effectiveness of ALCO regarding liquidity risk management.
  • Document and communicate validation results and recommendations to clients.
Requirements:
  • Strong knowledge of liquidity risk management frameworks, stress testing methodologies, and contingency funding plans.
  • Familiarity with regulatory requirements and internal policies related to liquidity risk management.
  • Excellent communication, time, and client management skills.
  • Ability to affect change while maintaining positive relationships with all key stakeholders.


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