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2026 Campus Recruitment Market Risk Management Department Liquidity and Interest Rate Risk Associate

2026 Campus Recruitment Market Risk Management Department Liquidity and Interest Rate Risk Associate

Bank of China USANew York, NY, US
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Liquidity Risk Manager

The role is to assist the department head in overseeing the front-line business units' liquidity risk and interest rate risk management, ensuring the Bank's risk exposure adheres to the risk appetite statement as defined in the risk governance framework. In addition, the role also includes coordinating regulatory examinations, preparing materials and reporting to related committees and executive management, as well as protecting the Bank with safe and sound risk management.

Responsibilities

Include but are not limited to :

  • Oversee and challenge the Front Line's liquidity risk and interest rate risk management practice;
  • Identify, measure, monitor and mitigate liquidity risk and interest rate exposure, KRIs, limits and analyze future risk trends, and conducting monthly KRI reports;
  • Assist in improving the Bank's asset liability management; optimize the funding structure and strategy;
  • Maintain liquidity risk management (ILMS) application and improve the application with the vendor, and conducting the daily risk analysis and intraday liquidity monitoring;
  • Monitor financial markets, regulatory changes and Fed monetary policy, timely assess the impacts on the bank's liquidity and interest rate risk profile.

Market and liquidity risk governance to satisfy EPS and HS regulatory requirements :

  • Develop and improve the policies and procedures on liquidity and interest rate risk management;
  • Prepare risk reports for the market and liquidity risk committee, related committees and senior management.
  • Build and improve the market and liquidity risk related analytics and capabilities :

  • Develop analytics tools for the Bank's liquidity and interest rate risk management such as intraday liquidity monitoring, customer OD usage monitoring; EPS HLA haircuts review; ALCO report review, risk limits review and risk methodology enhancement;
  • Work with front line units to enhance the Bank's analytical capability and various scenario analyses, as well as reviewing and challenging front line units liquidity stress testing model;
  • Build MRD's capabilities in risk data aggregation including risk exposure, key risk indicators and other risk metrics, including modification / additions of key risk indicators;
  • Support new product risk evaluations;
  • Maintain Intraday Liquidity Management System (ILMS) as owner, including meeting requests from user departments;
  • Review and challenge front line units' cash flow projections as well as methodologies on an annual basis.
  • Implement and execute the regulatory required projects :

  • Execute various Heightened Standard requirement related projects such as enterprise risk assessment and wholesale payments risk assessment related to liquidity and interest rate risk;
  • Review and challenge FLUs' remediation proposals addressing regulatory issues and concerns;
  • Deliver analysis and tools to meet with OCC and the Fed ongoing monitoring requirement, and coordinate requests from the FDIC for its annual testing requirement;
  • Develop and update resolution plans (RP);
  • Execute the projects addressing issues or concerns from regulators, internal and external auditors.
  • Qualifications

  • Bachelor degree required; Finance or Quantitative related majors preferred
  • 0-1 year of experience in finance or banking
  • Sound Risk management knowledge such as trading / banking book market risk and counterparty credit risk management; regulatory and compliance knowledge; financial / banking industry knowledge; Volcker Rule; Quantitative analytics, etc
  • Bilingual in Chinese is a plus
  • Chartered Financial Analyst (CFA) or Financial Risk Management (FRM) certifications preferred
  • Pay Range

    Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

    USD $50,000.00 - USD $70,000.00 / Yr.

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    Risk Management • New York, NY, US

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