Liquidity Controller Job Description
Liquidity controller
provides strong technical guidance through the interpretation of the new regulatory requirements and Utilize knowledge of financial products to continuously assess the implementation of the guidelines.
Liquidity Controller Duties & Responsibilities
To write an effective liquidity controller job description, begin by listing detailed duties, responsibilities and expectations. We have included liquidity controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist in execution of test scripts, validate output, and track results in Application Lifecycle Management (“ALM”) tool
Have good understanding and familiar with all elements of the Basel IRRBB Standard, Asset and Liability Management (ALM) functions, and application of behavioural modelling approaches
Assisting with the building and refining of the strategic tool to prepare the LCR on an automated basis
Production of the Basel III liquidity metrics [LCR/NSFR] for the EMEA regulated entities
Management of reporting and analysis of regulatory requirements across various aspects of liquidity
Participate in monthly close activities including but not limited to review of financial data, investigating significant variances and transactions, fluctuation analysis, preparation of financial reporting deliverables
Manage Daily Revenue Reporting internal compliance team
Assist with ongoing corporate and liquidity balance sheet analysis and liquidity reporting, including the Fed 5G report
Determine business drivers behind changes in balances and communicate liquidity impact to partner groups such as Liquidity Management and Liquidity Risk Oversight
Assist with ongoing liquidity result forecasting and planning
Liquidity Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Liquidity Controller
Typically a job would require a certain level of education.
Employers hiring for the liquidity controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Business, Finance/Accounting, Accountancy, Financial Services, Economics, MBA, Business/Administration, Management
Skills for Liquidity Controller
Desired skills for liquidity controller include:
Financial products to continuously assess the implementation of the guidelines
Business Objects
CDGL/SAP
VBA/macros
ALM
LRI
Microsoft Suites
Securities markets
Tableau
Apply a deep understanding of regulatory guidelines across capital and liquidity
Desired experience for liquidity controller includes:
Review CSA and Sarbanes Oxley results and issues related to the product to understand the impact to Product of issues arising
Assist with governance and control initiatives and workstreams
Participate in monthly close activities including review of financial data from the GL and MIS, investigating significant variances and transactions, preparation of financial reporting deliverables
Prior Business Unit/ Product control experience with a knowledge of financial products
Monitoring regulatory compliance in accordance with Basel 3 for PRA regulated entities
Reporting accurate and timely capital information to the CFO group and externally the PRA and the EBA
Liquidity Controller Examples
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Liquidity Controller Job Description
Job Description Example
Our company is searching for experienced candidates for the position of liquidity controller. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for liquidity controller
- Adhoc analysis of complex datasets to support analysis of topical issues to ensure that liquidity usage is optimized
- Market risk assessment to ensure risks are properly captured, measured, monitored, controlled and reported, such as new products/business requirements, regulatory requirements, study on risk engine re-platform
- Responsible for limit monitoring, investigation and escalation of breaches
- Perform analysis and reporting on Stress testing (ICAAP, IWST and others)
- Support implementation of IRRBB Standards
- Participation in Dept
- Market risk assessment to ensure risks are actively identified, take appropriate steps to measure, monitor and control it
- Perform analysis and reporting Stress testing for internal assessment and public disclosures
- Define and provide user requirements documentation for interest rate risk capture
- Coordinate with various stakeholders on implementation of IRRBB Standard
Qualifications for liquidity controller
- Knowledge of financial products fixed income, equities, derivatives and the associated accounting treatments
- Minimum 5 years working experience with at least 3 years relevant experience in market risk & asset liability management role in a bank
- Good product knowledge of Commercial Banking book and understanding risk control measures and net interest income simulation
- Handling project to streamline and optimize operational processes
- Good inter-personal skills, expected to communicate with front and back office personnel
- University Degree holder with minimum 12 years’ working experience with at least 8 years’ relevant experience in market risk
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Liquidity Controller Job Description
Job Description Example
Our innovative and growing company is hiring for a liquidity controller. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for liquidity controller
- Participating in the on-going developments and enhancements of methodologies for the Contingency Funding Plan
- Contributing to the development Regulatory reporting, such as the FR2052A (5G)/LCR reporting
- Focusing on the build-out of the control processes and expansion of liquidity reporting and analysis
- Partner with senior stakeholders in the LOBs, Controllers, Global Treasury and other related areas to obtain, understand, and analyze Balance sheet data & other relevant information such as forecasts, assumptions and their impact on the firm’s liquidity & structural interest rate risk management
- Lead the strategy & execution of a product-based consistent operating model in cross-LOB T/CIO team to support the firm’s liquidity risk management program to cover the banking and trading book across all LOBs
- Define the operating model & execution roadmap for the cross-LOB T/CIO team in support of the global structural interest rate risk management program
- Develop deep expertise in banking book and trading book products across LOBs, spot & forecasted Balance sheet analysis, regulatory reporting
- Partner with product leads to identify opportunities for process improvements, remediate data quality issues, automation
- Champion the prioritization & implementation of technology initiatives
- Various aspects of risk controllership for the firm’s liquidity such as production of firm’s liquidity stress test, allocation of the drivers of liquidity to businesses, regulatory reporting of liquidity and funding, establishing controls around liquidity data
Qualifications for liquidity controller
- Degree holder or professional qualification in any related field
- Minimum 8 years of working experience, of which, at least 3 years’ relevant experience in market risk & asset liability management role in a bank
- Good product knowledge of Commercial Banking book, including application of behavioural model of commercial loans/deposits, understanding risk control measures and experience in performing net interest income simulation
- Handling projects to streamline and optimize operational processes
- Expertise in SQL, BI tools and technology to develop functional usage for in depth drill down analysis and management reporting
- 2+ years of experience in Liquidity Risk Control, Liquidity Risk Management, and/or Liquidity Planning
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Liquidity Controller Job Description
Job Description Example
Our company is looking to fill the role of liquidity controller. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for liquidity controller
- Responsible for all local regulatory, internal management and business unit interaction & queries relating to liquidity stress testing and reporting for German legal entities
- Perform Market risk assessment to ensure risks are actively identified, take appropriate steps to measure, monitor and control it
- Define and provide user requirements documentation for risk capture, robust UAT support relating to source system/risk engine changes
- Regulatory testing of daily and monthly regulatory liquidity reports such as 3G, 5G, 2052a, and LCR, weekly and monthly stress testing reporting
- Preparing and presenting final findings and actionable areas of improvement to senior management and responsible business units
- Developing strong partnerships with multiple teams in the organization, such as Liquidity, Regulatory Reporting, and Technology
- Develop and manage initiatives, across Treasury, IT and Finance, enabling the team to achieve its strategic goals related to LCR and CFP
- Assist with on-going enhancements related to process and controls
- Manage the monthly production of business unit liquidity packs
- Monthly production and development of the EMEA CFO Liquidity Reporting Pack
Qualifications for liquidity controller
- Proven track record in handling project management to streamline and optimize operational processes
- Strong inter-personal skills, expected to communicate with front and back office personnel, ideally has led a team in a risk control function
- CFS Liquidity P&L, balances & Spreads analysis
- Actively engage in CFS LOB forecasting and planning process, interact with Business Management, P&A and Liquidity Product teams
- Participate in month end close activities including review of financial data, investigating significant variances and transactions, fluctuation analysis, preparation of financial reporting deliverables
- Support Business ad hoc requests as needed
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Liquidity Controller Job Description
Job Description Example
Our company is hiring for a liquidity controller. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for liquidity controller
- Monthly production and development of EMEA Business Unit reviews
- Weekly/monthly/quarterly submissions of both internal and externally used Liquidity information UK Risk Committee, UK Board, ManCom, ALCO, PRA Bank submission and UK Disclosures
- Participate in preparation, submission, and disclosures relating to regulatory liquidity standards, Liquidity Coverage Ratio, Net Stable Funding Ratio and Liquidity Monitoring Tools
- Monitoring regulatory and internal liquidity risk metrics and perform in-depth analysis on liquidity risk profile
- Support the review of internal risk methodologies
- Provide independent effective challenge to the treasury function in the management of liquidity risk
- Support ad-hoc regulatory and internal stress testing exercises that involve liquidity and banking book market risk considerations
- Support the preparation of risk updates to risk oversight committees
- Participate in User Acceptance Test (“UAT”) exercises arising from system / risk engine changes to ensure liquidity and banking book market risk remains properly captured under risk metrics
- Assist with ongoing corporate and liquidity balance sheet analysis and liquidity reporting, including the Fed 5G report, Liquidity Coverage Ratio report (“LCR”) and internal Liquidity Stress reporting
Qualifications for liquidity controller
- Prepare Liquidity Reports, Walks forwards and Key-Drivers analysis
- Ability to work independently and be creative with ad hoc requests
- Knowledge of liability balances, net interest income, funds transfer pricing will be added advantage
- Qualified accountant with 10+ years’ experience with accounting / financial services background
- Degree in Accountancy, Finance, Statistics or any relevant field
- At least 6 years of working experience in any related area
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Liquidity Controller Job Description
Job Description Example
Our growing company is hiring for a liquidity controller. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for liquidity controller
- Develop and maintain tools/controls that will increase transparency into changes in reported balances and detect issues that require further review
- Quarterly production and development of EMEA NSFR Liquidity reporting
- Oversight of Weekly/monthly/quarterly submissions of externally and internally used Liquidity information
- Development of the Global NSFR reporting tool to meet European reporting requirements
- Adhoc and on-going Liquidity Ratio optimization and analysis
- Provide cross-cover on other Liquidity reporting and offer additional support for both internal and external information requests
- Production Weekly/monthly/quarterly submissions of externally and internally used Liquidity information
- Production and development of internal Business Unit and Senior Finance stakeholder information
- Review of daily Liquidity reporting control metrics including analysis of key business drivers
- Assist with adhoc and on-going Liquidity Ratio optimization and analysis
Qualifications for liquidity controller
- Bachelor’s or Master’s degree in Finance, Business Accounting, Statistics or any related field
- Sound knowledge in Commercial Banking products and strong technical skills, including application of behavioural model of commercial loans/deposits, understanding risk control measures and experience in performing net interest income simulation
- Solid understanding of prevailing regulatory requirements on IRRBB Standard, and practical experience in financial/regulatory reporting
- Excellent communication, interpersonal skills, expected to communicate with front and back office personnel and senior management
- A good team player, result-oriented, with strong sense of ownership
- Expertise in SQL and BI tools are added advantage, to develop functional usage for in depth drill down analysis and management reporting