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Sr. Director
Silicon Valley Bank
Santa Clara, CA, United States
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Job Description
The Senior Director of Financial Risk Management is a key role within the Financial Risk Management (FRM) of Silicon Valley Bank’s Risk organization, reporting directly to the Head of Financial Risk Management and leading an FRM team to provide independent oversight of market risk taking activities of the Company. The incumbent should have a deep understanding of market and liquidity risks and hands-on capital management experiences to partner with Treasury, Finance, Global Treasury Advisory Services (GTAS), SVB Capital, and SVB Asset Management teams. As a trusted advisor to business units and a seasoned market risk management professional, he/she is to ensure market risk is deliberately considered in all of the Company’s on- and off-balance sheet positions. The Senior Director of Financial Risk Management plays a critical role in development and implementation of capital, liquidity and market risk management frameworks, as well as in establishing policies, procedures and processes, and controls to appropriately measure, monitor, and manage the Company’s market risk taking activities.
Responsibilities
Perform independent oversight of all market risk activities across the Company and provide assurance to the senior management and executive leadership that all market risks are being accurately measured, appropriately controlled/mitigated, and in line with stated risk appetite
Actively participate in the development of oversight framework that’s capable of providing a comprehensive view on SVB’s structural interest rate, liquidity, and market risk exposures and capital adequacy and complying with policies and procedures, supervisory guidance, and regulations
Provide a market risk management perspective on issues and strategies, partnering with Treasury, Finance, and business lines, confirming all market risk taking activities are meeting internal and regulatory requirements
Lead various market risk enhancement projects like Fundamental Review of Trading Book (FRTB) and Counterparty Credit Risk Management (CCR) programs to ensure they commensurate with SVB’s size, complexity, and risk tolerance
Actively contribute in the design of market risk strategies, analytics, and metrics, with a goal to provide robust reporting of market risk exposures to senior and executive management and risk governing committees
Effectively communicate and accurately represent the enterprise market risk profile to all stakeholders and promote the Risk’s views in a clear, concise, and transparent manner
Qualifications
Business Experience and Technical Skills
• Excellent analytic skills with an advanced degree in math, finance, statistics, or engineering preferred; Ph.D., CPA, or CFA a plus
• 10+ years hands-on risk management, asset-liability management, trading, and/or portfolio management experience
• Deep understanding of commercial banking, fixed-income securities, equities, and derivatives with a focus on market risk quantification
• Strong understanding capital markets products
• Excellent project management, oral and written communication skills, and ability to operate effectively in a matrix environment
• Experiences in ALM and liquidity modeling, counterparty risk modeling, statistical and econometric modeling, and/or VaR modeling