What are the responsibilities and job description for the Quantitative Solutions Manager - Liquidity Risk position at Forvis Mazars?
Description & Requirements
We are seeking an experienced Quantitative Solutions Manager with at least five years of experience with liquidity risk models (development, validation, consulting, etc.) and risk consulting. This is a unique opportunity to join an experienced team dedicated to providing Unmatched Client Service to leading financial institutions at a time of immense growth. You will help drive our Quantitative Solutions practice forward and support our growing demand for liquidity risk management services. As a Manager, you will lead a team dedicated to developing, validating, and / or optimizing liquidity risk, IRRBB, Asset and liability modeling (ALM) and other models, and ensure regulatory compliance while providing value-adding insights as a consultant.
How you will contribute :
- Manage client relations, acting as a trusted advisor on the subject of liquidity risk management. Listen and understand client needs and help deliver tailored solutions.
- Develop, validate, and enhance liquidity risk models (e.g. Cash Flow at Risk, Stress Testing, Assets Liability Management (ALM), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), Interest Rate Risk in the Banking Book (IRRBB) etc.) to meet regulatory requirements and internal risk management needs.
- Develop frameworks and methodologies to facilitate asset and liability management, funding and liquidity planning and stress testing, and capital management
- Advise clients on regulatory requirements (e.g. Basel III, ILST, CCAR) and guide them in developing, implementing, and governing models that meet compliance standards.
- Build liquidity tools that enable clients to efficiently utilize capital and liquidity resources, consistent with regulatory expectations.
- Plan and execute client engagements focusing on Liquidity Risk, Liquidity Regulatory Reporting, Internal Liquidity Stress Testing, IRRBB and Resolution and Recovery Planning
- Coordinate with Partner / Managing Director, Senior Manager, and staff on all phases of the client engagement including initial scoping, contract, information requests, timely and proactive client communications, staffing, oversight, project execution, quality assurance review, report, and deliverable preparation and client delivery meetings.
- Delegate work and review work performed by staff in accordance with their experience and capabilities, ensuring quality and accuracy of deliverables. At times, performing technical work alongside staff to ensure Unmatched Client Service.
We are looking for people who are motivated and forward thinking, and demonstrate :
Minimum Qualifications :
Preferred Qualifications :
LI-CLTU, #LI-NYC
LI-CH1
New York City Pay Transparency
Pursuant to the pay transparency laws of New York State and other local ordinances within the state including (but not limited to) New York City, the salary range displayed is for the New York markets. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Total compensation and benefits consist of salary, group health plan benefits, 401(K), profit-sharing contributions, flexible time off, and parental leave. Forvis Mazars reserves the right to make changes to the salary range based on business needs.
New York Salary Range :
NY Minimum Salary (USD)
92,100
NY Maximum Salary (USD)
192,000
Salary : $192,000
