At a Glance
- Tasks: Lead liquidity stress testing and advise on risk management strategies.
- Company: Join a leading bank focused on safety and soundness for customers and shareholders.
- Benefits: Gain exposure to senior executives and regulatory environments, enhancing your career growth.
- Why this job: Make a real impact on the bank's stability while developing your expertise in liquidity management.
- Qualifications: Experience in treasury or banking, with strong risk management and regulatory knowledge required.
- Other info: Opportunity to work closely with regulators and influence key liquidity strategies.
The predicted salary is between 43200 - 72000 £ per year.
Join us as a Liquidity Stress Testing Manager
Take on a new career challenge that will see you delivering liquidity stress testing for our franchises and includes exposure to liquidity activities within Resolution. You’ll be advising the board regarding liquidity risk in various scenarios, gaining excellent exposure. It’s a key role, and the work you do will ensure the safety of the bank for both our customers and shareholders from a liquidity perspective.
What you’ll do
As a Liquidity Stress Testing Manager, you’ll be providing thought leadership on the impact of various stress scenarios such as a cyber attack or a bank run on the liquidity position of the bank. We’ll look to you to understand and advise on regulatory developments, industry norms and peer positions, and drive best practice in liquidity management.
Your role will also involve:
- Helping to produce the bank’s ILAAP, our key liquidity document detailing to the board and the PRA our liquidity risks and management processes.
- Participating in the funding barrier of the bank’s Resolution capability contributing to our regulatory self-assessment document, developing and executing stress tests and ensuring overall readiness.
- Working closely with senior executives, regulators and senior management within our central functions and the business.
- Developing, implementing and maintaining an effective risk management framework to maintain our safety and soundness agenda.
- Delivering a range of media to all stakeholders to educate, inform and influence liquidity and balance sheet strategy and management.
The skills you’ll need
We’re looking for someone with comprehensive treasury or banking experience, with good risk management and general banking product knowledge. Along with a good understanding of banking regulations, and a good grasp of balance sheet frameworks, you’ll have experience managing funding cash flows, liquidity profiles and currency positions across a large footprint.
You’ll also bring:
- Experience communicating with and presenting to executive audiences and managing relationships across a wide range of stakeholders.
- An awareness of the Bank of England, Basel 3, and local regulations including Resolution.
- A proactive approach along with a desire to make change happen.
- The ability to challenge opinions, to offer alternatives and to construct a compelling argument to support an opinion.
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Liquidity Stress Testing Manager employer: NatWest Group
Contact Detail:
NatWest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Liquidity Stress Testing Manager
✨Tip Number 1
Familiarize yourself with the latest regulatory developments and industry norms related to liquidity management. This knowledge will not only help you in interviews but also demonstrate your proactive approach and commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the banking and treasury sectors, especially those who have experience in liquidity stress testing. Engaging in discussions can provide valuable insights and may even lead to referrals or recommendations for the position.
✨Tip Number 3
Prepare to discuss specific scenarios where you successfully managed liquidity risks or implemented stress tests in previous roles. Having concrete examples ready will showcase your expertise and ability to handle the responsibilities of the Liquidity Stress Testing Manager.
✨Tip Number 4
Stay informed about current events that could impact liquidity, such as economic changes or financial crises. Being able to discuss these topics during your interview will highlight your awareness of the broader context in which the bank operates.
We think you need these skills to ace Liquidity Stress Testing Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Liquidity Stress Testing Manager position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your comprehensive treasury or banking experience. Be specific about your knowledge of risk management, liquidity profiles, and any relevant regulatory frameworks like Basel 3.
Showcase Communication Skills: Since the role involves communicating with executive audiences, provide examples in your application that demonstrate your ability to present complex information clearly and manage relationships with various stakeholders.
Tailor Your Cover Letter: Craft a compelling cover letter that not only reflects your qualifications but also shows your proactive approach and desire to drive change within the organization. Mention specific scenarios where you've successfully influenced strategy or managed liquidity risks.
How to prepare for a job interview at NatWest Group
✨Understand Liquidity Stress Testing
Make sure you have a solid grasp of liquidity stress testing concepts and methodologies. Be prepared to discuss how different stress scenarios, like a cyber attack or bank run, can impact liquidity positions.
✨Know the Regulatory Landscape
Familiarize yourself with relevant regulations such as Basel 3 and the guidelines from the Bank of England. Being able to articulate how these regulations influence liquidity management will demonstrate your expertise.
✨Prepare for Executive Communication
Since you'll be presenting to senior executives, practice articulating complex ideas clearly and concisely. Think about how to tailor your message to different stakeholders to ensure it resonates with them.
✨Showcase Your Proactive Approach
Highlight examples from your past experience where you've taken initiative to drive change in liquidity management. Discuss how you challenged existing practices and proposed effective alternatives.