Consultant - Stress Testing Liquidity Risk

divh2Securities Clearing House Position/h2pClient is launching a new Securities Clearing House, which will initially launch clearing services for cash treasuries as well as Bilateral Tri-party Repo. The candidate is responsible for daily stress testing of market risk to ensure sources to manage potential obligations in the event of a clearing member default./ppThe candidate performs in-depth research and analysis of market, credit, and trading data to identify risks, develop mitigation processes, and present findings to senior management. The candidate performs daily assessments of market conditions and acts as the first line of defense against systemic, idiosyncratic and counterparty-specific risks./ppThe role is also responsible for creating reports for internal governance committees, measuring key risks, and escalating issues as appropriate./ppKey Responsibilities:/pulliLiaise with market risk, financial surveillance, and other departments to familiarize others with counterparty credit, liquidity, and collateral risk profiles/liliPerform daily procedures to monitor risk to the clearinghouse, including credit and liquidity stress testing, and escalate findings as necessary/liliDemonstrate a strong understanding of applicable regulations at both domestic and international level as well as have a firm grasp of applicable rules in the clearinghouses rule book/liliUse technical skills, including knowledge of programming and financial mathematics, to maintain models/liliAssist in preparing responses to ad hoc regulatory requests/li/ulpSkills and Software Requirements:/pulliExperienced in Excel, PowerPoint and Word/liliBloomberg/liliFamiliarity with relational databases (MS SQL, Oracle) and SQL/liliAbility to manipulate large data sets/liliStrong analytical, quantitative, and organizational skills/liliKnowledge of financial analysis at an intermediate level/liliExcellent written and verbal communication skills/liliCapability to work independently as well as in a team setting/liliFamiliarity with derivatives and securities preferred/li/ul/div