The Liquidity Risk Analyst is responsible for assessing and monitoring the risks associated with liquidity risks within the organization. This role involves performing effective challenge on liquidity risk, monitoring liquidity metrics, reviewing liquidity risk related materials, building SLOD challenge tools and working closely with Treasury and Risk team.The Liquidity Risk Analyst will analyze, monitor, and report on the organization's liquidity risk exposures. This role is critical to ensuring that the Bank has sufficient cash flow and liquid assets to meet its short-term obligations and regulatory requirements. The Liquidity Risk Analyst will work closely with Treasury, Risk Management, and Regulatory Compliance teams to develop and implement strategies for effective liquidity management.
Position Responsibilities:
Risk Analysis and Monitoring
Review liquidity risk related materials provided by Corporate Treasury; including but not limited to ALCO materials, Weekly markets meetings, modeling and stress testing assumptions and results, ad hoc analyses, KRIs, and Liquidity Stress Test (LST).
Conduct monthly liquidity assessments to measure the firm's liquidity position and identify potential risks.
Monitor key liquidity metrics to ensure compliance with regulatory standards.
Regularly assess the Bank's access to funding alternatives in real-time.
Stress Testing and Scenario Analysis
Provide effective challenge of LST model assumptions, design, and results.
Develop and manage SLOD risk indicators to track the Bank's liquidity position and overall health of the Bank's funding composition and mechanisms.
Build and manage independent liquidity risk benchmark and challenge tools to effectively challenge liquidity risk stress testing assumptions, decisions, results, and reporting. Design alternative LST scenarios to fully test the Bank's liquidity position under stress. Work closely with Corporate Treasury to ensure the design, inputs, and results are fit for purpose (LST) and properly represent the business needs.
Data and Reporting
Review and aggregate liquidity risk related data, both internally and externally, to incorporate into challenge tools and peer analyses.
Provide support to the annual review of liquidity risk under the framework of regulatory supervision letter SR 10-6 as guidance.
Prepare and support quarterly liquidity risk report.
Collaboration with Key Stakeholders
Attend tactical ALCO and the Weekly Markets meeting providing effective challenge and subject matter expertise where appropriate.
Ensure that the liquidity risk management framework is aligned with regulatory requirements and industry best practices.
Participate in the ongoing review and enhancement of liquidity risk measurement and monitoring processes.
Support the identification and assessment of liquidity risk emerging and existing risks.
Market Research and Strategy Support
Conduct research on macroeconomic factors, yield curves, and other financial data to inform risk strategies.
Assess LCR and applicability to the Bank. Regularly conduct a review of the securities portfolio to be consistent with the Bank's liquidity needs.
Support the Bank's efforts and readiness surrounding Category IV planning.
Research optimal funding structure and mechanisms to enhance liquidity position. As needed conduct ad hoc market risk analyses.
Other duties as assigned.
Position Qualifications:
Bachelor's Degree from an accredited university in Finance, Financial Engineering, Accounting, Economics, Mathematics, or a related field. Master's Degree from an accredited university in Finance, Financial Engineering, Accounting, Economics, Mathematics, or a related field preferred but not required
2 years of experience in liquidity risk, treasury, market risk, or a related function
2 years of experience working with Finance related terminology, liquidity risk concepts, financial regulations (e.g., Basel III, SR 10 - 6), and financial instruments
2 years of experience working proficiently with risk management tools and software, and experience with data analysis tools (e.g., SQL, Excel, Python, R)
2 years of experience working with financial and/or statistical modeling and stress testing
Preferred Qualifications:
Master's Degree from an accredited university in Finance, Financial Engineering, Accounting, Economics, Mathematics, or a related field preferred but not required
CFA (Chartered Financial Analyst)
Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours: 8:00am - 5:00pm Monday - Friday
Salary: To Be Determined Based on Individual Experience
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for... For full info follow application link.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
