drjobs Liquidity & Market Risk Oversight Manager

Liquidity & Market Risk Oversight Manager

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1 Vacancy
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Job Location drjobs

Rosemont, IL - USA

Monthly Salary drjobs

$ 117000 - 158000

Vacancy

1 Vacancy

Job Description

Wintrust provides community and commercial banking specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois southwestern Florida northwestern Indiana west Michigan and southern Wisconsin and commercial banking offices in Chicago Denver Milwaukee Grand Rapids Mich. and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont Illinois and listed on the NASDAQ Global Select Market under the symbol WTFC.

Why join us

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years).

  • Competitive pay and discretionary or incentive bonus eligible.

  • Comprehensive benefit package including medical dental vision life a 401k plan with a generous company match and tuition reimbursement to name a few.

  • Promote from within culture.

Why join this team

  • Be part of a strong mature risk management governance framework.

  • Hybrid Work Schedule Remotely and at our Corporate Headquarters in Rosemont IL.

  • We foster an inclusive environment for an individual to grow and work independently.

  • Opportunity to interact with management level experienced professionals - higher visibility.

  • Wintrust has a great culture that comes from the top down.

  • Gain experience and further your career by joining a growing organization.

Position Overview

The Liquidity & Market Risk Oversight role reports directly to the SVP-Chief Economist for Wintrust and is responsible for 2nd line of defense oversight for the day-to-day identification measurement monitoring and controlling of liquidity interest rate and market risk. This includes working with the SVP-Chief Economist to develop enhanced reporting conduct risk and control assessments perform portfolio oversight maintain policies procedures control limits and ensure a sustainable risk strategy/framework exists for maintaining of the quantity and quality of liquidity risk interest rate risk and market risk in line with the Companys Risk Management framework.

What Youll Do

  • Work with the SVP-Chief Economist to ensure the proper identification measurement monitoring and reporting of liquidity risk interest rate risk and other market risk.

  • Support the SVP-Chief Economist in developing and executing the calendar and activities for second line Independent Review of Liquidity and Market risk across key functions throughout the year.

  • Development and maintenance of KRI reporting and various analyses designed to further strengthen oversight of liquidity risk interest rate risk and other market risk.

  • Conduct gap analysis for liquidity risk interest rate risk and other market risk relative to regulatory guidance to identify key areas where additional ad-hoc analysis reporting and escalation may be warranted.

  • Assist in assessing the reasonableness and design of scenarios and assumptions used in the liquidity risk stress testing and the firms contingency funding plan.

  • Continued integration of key requirements and practices as outlined in regulatory guidance with respect to liquidity risk interest rate risk and other market risk management including those outlined in Enhanced Prudential Standards OCC Heightened Expectations SR 10-6 Reg YY SR 96-13 and SR 10-1.

  • Coordinate with senior management within the 1st line businesses in reviewing overall operations business strategy developing and conducting risk assessments and advising on risk framework risk oversight and risk management policy questions as they relate to liquidity risk interest rate risk and other market risk.

Qualifications

  • Bachelors degree required. CFA FRM or MBA a plus.

  • 5-10 years working within a 1st and/or 2nd line liquidity interest rate and market risk review team or serving on a liquidity or market risk regulatory team. Regulatory experience in the area of liquidity risk interest rate risk and other market risk a big plus (i.e. FRB OCC CFPB FDIC)

  • Strong soft skills with the ability to effectively challenge the business line and maintain positive working relationships while ensuring a balance between risk and reward.

  • Knowledge and experience with liquidity interest rate and market risk management practices including knowledge of the banking industry and regulatory guidelines as they relate to safety and soundness.

  • Excellent verbal and written communication skills. Comfortable presenting and speaking in front of senior management and offering effective challenge when/where appropriate.

Benefits

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long-term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation

The estimated salary range for this role is $117000-$158000 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors such as a candidates qualifications skills and experience.

#LI-HYBRID

From our first day in business Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation including community banking and financial services subsidiaries is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex age national origin disability veteran status genetic information and other legally protected categories.


Required Experience:

Manager

Employment Type

Full-Time

Company Industry

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