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Selby Jennings

Associate Interest Rate Risk (ALM/IRRBB)

Selby Jennings, New York, New York, us, 10261

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Market Risk Recruitment Consultant at Selby Jennings A Global Investment Bank, who has significantly grown their Interest Rate Risk team over the last 12 months is looking to hire an Associate level candidate on their IRRBB Management team to assist in a strategic growth initiative around IRR.

This individual will provide Interest Rate Risk Oversight over the firm's activities in relation to the banking book, markets activity, and lead initiatives relating to the firm's buildout of their IRRBB Team. Additionally, they will provide oversight of IRR Management, including the independent reviews of key assumptions and model usage, hedging effectiveness and strategies, investment portfolio, and framework and policy.

Base pay range $110,000.00/yr - $130,000.00/yr

Responsibilities:

Assist in the development of the firmwide Interest Rate Risk framework

Maintain and develop Stress Tests to evaluate the effectiveness of the Interest Rate Risk Framework

Monitor and evaluate various metrics related to NII and EVE

Engage with internal and external regulators and lead the firm's regulatory initiatives

Perform quantitative analytics in response to Stress Tests such as NII forecasting, and deposit studies

Qualifications:

3+ years working in a 1LOD or 2LOD ALM/IRRBB function

Prior experience using, implementing, or performing analysis

Familiarity with NII, EVE, and other Interest Rate Risk Metrics

Ability to work with large data sets, and perform quantitative analysis

Strong communication skills and the ability to engage with senior management

Seniority level Entry level

Employment type Full-time

Job function Finance

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