Senior Market Risk Analyst - Amerantbank

The Market Risk Senior Analyst is within the Risk Organization reporting to the Head of Market Risk & Analytics. This position will require proactive participation in the Asset and Liability Management (ALM) process by developing policies, methodologies, and limits associated with market risk exposure for each of the Treasury activities.  It will also require monitoring and reporting compliance with limits and regulations related to liquidity, interest rate risk, balance sheet structure, funding and investments.

Responsibilities:

• Analyze and generate reports that quantifies the exposure of the entire bank’s balance sheet to interest rate risk, liquidity risk and other market risks. These reports will be presented monthly to the ALCO and quarterly to the Board Risk Committee. 
• Contribute to the identification and evaluation of market risks embedded in new products designed or proposed to acquire by treasury.
• Monitor and control different exposures related to Treasury unit activities and the Investment Portfolio (e.g., Counterparty Risk, Investment Grade and Non-Investment Grade Security positions, Foreign Exchange positions).
• Propose risk limits associated with interest rate risk, price risk, and liquidity risk of treasury activities, as well as balance sheet structure, based on the market risk appetite of the Board.
• Propose market risk methodologies and guidelines to quantify and control market risk exposures.
• Identify and report to immediate supervisor any current or prospective risk to earnings or capital arising from violations of, or nonconformance with laws, rules, regulations, prescribed practices, limits, targets, internal policies and procedures or ethical standards.
• Perform Market Risk reports. 
• Studying government legislation which may affect the company and advice on compliance related to treasury activities.
• Perform industry and peers’ research.
• Challenge ALM model and give recommendations/best practice to model owners and perform back testing. Also, review and update assumptions.
• Perform Impairment Analysis on the Investment portfolio.
• Perform Enterprise Risk Management (ERM) report for Market Risk.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to Market Risk, Asset Liability Management, and Investment Compliance.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to Market Risk, Asset Liability Management, and Investment Compliance.

      Other Activities

• Network with internal and external partners
• Upskill yourself through conferences, publications, courses, local academia and meetups.
• Collaborate with the Model Risk Management (MRM) Unit with the validation of the models, providing the required documentation, executing back-testing, on-going model monitoring
• Challenge current risk models/methodologies with cutting-edge techniques.
• Communicates and works with subject matter experts.
• Presents and depicts the rationale of their findings in easy to understand terms for the stakeholders.
• Collaborates with the data management unit to ensure that the information used follows the compliance, access management, and control policies and that it meets the qualification and assurance requirements of the organization.
• Be a data stewards to define the data quality expectation in the context of Market Risk.
• Identify, evaluate, monitor, and make any recommendation deemed necessary to the Board Risk Committee in order to assess, reduce, eliminate, or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules regulations, prescribed practices, internal policies and procedures or ethical standards.
• Perform special projects as assigned.

Minimum Education and/or Certifications Requirements:

• A bachelor’s in finance, economics, computer science, statistics, mathematics, engineering, or a related quantitative field. Alternate experience and education in equivalent areas such as economics, finance, or risk, is acceptable. Experience in more than one area is strongly preferred.
• A master’s degree or specialization in finance, economics or risk management is preferred.

Minimum Work Experience Requirements:

Candidates should have at least three years of relevant experience in market risk, risk modelling, treasury management, or financial analysis.

Technical and/or Other Essential Knowledge:

• Knowledge in programing with SQL, SAS, Posit or Python is preferred.
• Experience in data visualization, such as PowerBI 
• Advanced skills with MS Office Suite, including MS Word, MS Excel, and MS PowerPoint.
• Good understanding of accounting principles.
• Knowledge of Asset and Liability Management (ALM) systems is preferred.