Liquidity & Market Risk Oversight Manager

About the position The Liquidity & Market Risk Oversight role reports directly to the SVP-Chief Economist for Wintrust and is responsible for 2nd line of defense oversight for the day-to-day identification, measurement, monitoring and controlling of liquidity, interest rate and market risk. This includes working with the SVP-Chief Economist to develop enhanced reporting, conduct risk and control assessments, perform portfolio oversight, maintain policies, procedures, control limits and ensure a sustainable risk strategy/framework exists for maintaining of the quantity and quality of liquidity risk, interest rate risk, and market risk in line with the Company's Risk Management framework.

Responsibilities

• Work with the SVP-Chief Economist to ensure the proper identification, measurement, monitoring and reporting of liquidity risk, interest rate risk, and other market risk.
• Support the SVP-Chief Economist in developing and executing the calendar and activities for second line Independent Review of Liquidity and Market risk across key functions throughout the year.
• Development and maintenance of KRI reporting and various analyses designed to further strengthen oversight of liquidity risk, interest rate risk, and other market risk.
• Conduct gap analysis for liquidity risk, interest rate risk, and other market risk relative to regulatory guidance to identify key areas where additional ad-hoc analysis, reporting and escalation may be warranted.
• Assist in assessing the reasonableness and design of scenarios and assumptions used in the liquidity risk stress testing and the firm's contingency funding plan.
• Continued integration of key requirements and practices as outlined in regulatory guidance with respect to liquidity risk, interest rate risk, and other market risk management including those outlined in Enhanced Prudential Standards, OCC Heightened Expectations, SR 10-6, Reg YY, SR 96-13, and SR 10-1.
• Coordinate with senior management within the 1st line businesses in reviewing overall operations, business strategy, developing and conducting risk assessments, and advising on risk framework, risk oversight, and risk management policy questions as they relate to liquidity risk, interest rate risk, and other market risk.

Requirements

• Bachelor's degree required.
• CFA, FRM, or MBA a plus.
• 5-10 years working within a 1st and/or 2nd line liquidity, interest rate and market risk review team or serving on a liquidity or market risk regulatory team.
• Regulatory experience in the area of liquidity risk, interest rate risk, and other market risk a big plus (i.e. FRB, OCC, CFPB, FDIC).
• Strong soft skills with the ability to effectively challenge the business line and maintain positive working relationships while ensuring a balance between risk and reward.
• Knowledge and experience with liquidity, interest rate and market risk management practices including knowledge of the banking industry and regulatory guidelines as they relate to safety and soundness.
• Excellent verbal and written communication skills.
• Comfortable presenting and speaking in front of senior management and offering effective challenge when/where appropriate.

Benefits

• Medical Insurance
• Dental
• Vision
• Life insurance
• Accidental death and dismemberment
• Short-term and long-term Disability Insurance
• Parental Leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical Illness Insurance
• Accident Insurance
• Transportation and Commuting Benefits
• Banking Benefits
• Pet Insurance

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