Job Description

Reference # : 20-00494Title : Liquidity Risk Tester
Location : Dallas, TX
Position Type : Contract
Experience Level : Start Date : 06/08/2020

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity, and insurance risk management throughout the firm

Risk Testing Group:

The Function is responsible for providing independent assurance on data and processes to Risk division management, including that:

measures are calculated in good faith using reasonable efforts to conform with applicable laws, regulations or instructions (for regulatory measures) or the intended methodology as documented (for internal risk measures);
data used in the measures calculation is materially correct to the best of our knowledge and
controls on the processes used for aggregation or reporting of the measures are effective and include those practices necessary to provide reasonable assurance as to the accuracy of the data.


Conduct independent testing and review of key liquidity risk functions.
Create automated solutions (in an object oriented programming language) to effectively challenge liquidity stakeholder processes and outcomes
Analyze and assess liquidity business unit risks, key drivers and vulnerabilities.
Communicate results of testing through formal reports
Develop and maintain effective and constructive stakeholder relationships
Develop an understanding of firm's liquidity risk management framework, methodology, techniques, and processes

Skills / Expertise

Undergraduate, MBA or Master's degree in Business or Finance, Mathematics, Statistics, Engineering or Computer Science or related field
Ability to use scripted languages (Python) to develop multi-step calculations on structured data (without the need to productionalize the code)
Experience testing data or code
Detailed oriented, with patience to trace data thru code
Keen to learn new information, adopt new skills and with the ability to identify and make improvements to systems and processes; interest in financial markets and risk management
Strong interpersonal, written and verbal communications skills
Ability to work independently with little direction

Preferred Skills

Familiarity with the Liquidity Risk, or other Risk Discipline
Experience testing systems in role such as system development quality assurance, internal audit or independent testing function
Programming experience processing unstructured data/parsing
Experience in quantitative risk management
Experience in re-engineering and identifying improvements to systems and processes (risk and capital quantification, reporting, and supervision), and data structures
Experience in controls surrounding risk governance, risk assessments, risk measurement, monitoring, and management, senior management and regulatory risk reporting

Undergraduate, MBA or Master's degree in Business or Finance, Mathematics, Statistics, Engineering or Computer Science or related field



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