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E*TRADE from Morgan Stanley · 1 month ago

Corporate Treasury - US Banks Liquidity Risk Management, Associate/AVP

New York, New York, United States of America

Full-time

Onsite

Mid Level

$95K/yr - $140K/yr

4+ years exp

E*TRADE from Morgan Stanley is a global leader in financial services, seeking an Associate/AVP in their Liquidity Planning & Coverage (LP&C) team within the Corporate Treasury. The role involves managing liquidity and funding resources, conducting liquidity stress tests, and collaborating with various departments to ensure effective liquidity risk management.

BankingFinanceFinancial Services

Responsibilities

Collaborate with a varied group of colleagues in Finance and across the Firm

Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment

Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them

Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards

Set and analyze Morgan Stanley’s US Banks’ liquidity requirements driven by internal and regulatory metrics including the Internal Liquidity Stress Test (ILST), Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR)

Work with Liquidity Controllers to run the various liquidity stress tests and resolve production issues as they occur

Coordinate with Liquidity Risk Department (LRD), Model Risk Management (MRM), Controllers and IT to implement model enhancements; includes writing business requirements and running user acceptance testing

Forecast liquidity requirements for non-bank entities as part of the Comprehensive Capital Analysis and Review (CCAR)

Work with Liquidity Controllers on attributing the liquidity reserve to each Business Unit

Conduct the forecasting of Morgan Stanley’s liquidity resources and requirements under various scenarios, liaising with Corporate Treasury Forecasting and Planning team, Firm Resource Strategy (FRS), Bank Chief Investment Office (CIO) and other Finance stakeholders

Monitor Morgan Stanley’s liquidity risk and keep various management committees such as Asset Liability Committees (ALCOs), and the Liquidity Risk Compliance Committee (LRCC) informed on the approach taken to manage liquidity risk

Evaluate movements in the Firm and US Banks’ liquidity resources and requirements and present findings to senior management, including at various management committees

Participate in the assessment of New Product Approval (NPA)

Support regulatory requests including data analysis, liaising with other groups and presentation of findings

Ensure that the liquidity stress test models and their corresponding documentation are kept up-to-date through regular recalibrations, ongoing performance monitoring and back testing