Director of Financial (Market & Liquidity) Risk Position Available In Muscogee, Georgia
Tallo's Job Summary: The Director of Financial (Market & Liquidity) Risk in Columbus, GA is responsible for formalizing and maturing the second line of defense Market-Liquidity risk management program. They analyze and mitigate financial risks, ensure regulatory compliance, and provide insights to key stakeholders. The ideal candidate has a Bachelor's degree in Finance or related field, 10+ years of experience in market/liquidity risk analysis, and strong communication skills.
Job Description
Director of Financial (Market & Liquidity) Risk 3.3 3.3 out of 5 stars Columbus, GA 31901 Job Summary Reporting to the Chief Operating Officer of Risk Management, director of financial risk is responsible for Risk Management efforts to formalize and mature the second line of defense Market – Liquidity risk management program. Ensures the program adequately identifies, assesses, measures, monitors and reports market and liquidity risks across the enterprise. Develops and maintains effective relationships with key stakeholders within the lines of business, including Treasury and other second line risk functions, such as Enterprise Risk Management. Job Duties and Responsibilities Conducts in-depth analysis of non-credit financial risks, including interest rate risk, foreign exchange risk, liquidity risk, and climate risk. Develop and implement risk management strategies to mitigate market and liquidity risks, ensuring compliance with regulatory requirements and internal policies. Provides credible challenge of the control environment by performing independent assessments of regulations to current bank practices and controls/strategies. Provides credible challenge and insights for stress testing scenario development. Monitors market conditions and trends to identify potential risks and opportunities that may impact the organization’s financial stability. Stays informed about industry best practices, regulatory changes, and emerging trends in market and liquidity risk management to drive continuous improvement. Prepares reports and presentations to communicate risk assessments, findings, and recommendations to key stakeholders and senior management, including ALCO, Enterprise Risk Committee, – regulators, as needed. Heavily participates in Market Risk Committee, a subcommittee of ALCO. May be asked to Chair or Co-Chair Market Risk Committee. Assists in evaluation and reporting of derivative counterparty risks. Develops weekly dashboard to summarize market – liquidity risk profile across net interest income and non interest revenue risk types. Provides second line oversight and challenge of Resolution Planning processes and governance. Consults on internal controls of processes, as needed. Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion. Performs other related duties as required. The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.
Minimum Education:
Bachelor’s degree in Finance, Economics, Risk Management, or related field or the equivalent combination of education and experience
Minimum Experience:
10+ years of experience in market and/or liquidity risk analysis (in the 1st or 2nd line of defense) in the financial services industry
Required Knowledge, Skills, & Abilities:
Advanced knowledge of regulatory requirements and industry standards related to market and liquidity risk management. Interest in climate risk analysis and reporting. Ability to think strategically, demonstrating thought leadership while being capable of translating concepts into effective processes within acceptable timeframes and budgets Strong communication and presentation skills to effectively convey risk assessments and recommendations as well as deliver insights in a concise and digestible format Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment Effective in core business skills: analysis, communication, writing, problem-solving, Microsoft programs
Preferred Knowledge, Skills, & Abilities:
Experience in market risk management