Principal Market & Liquidity Risk Specialist (multiple openings) - IHM
With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
Employer: DFS Corporate Services LLC
Job Title: Principal Market & Liquidity Risk Specialist (multiple openings)
Job Location: Riverwoods, Illinois
Job Type: Full Time
Duties: Oversees market risk management process, including assessing interest rate risk (IRR) measurement methodology and assumptions, yield curve constructs, and balance sheet positioning strategies to ensure regulatory compliance in line with firm’s IRR profile. Oversees liquidity risk management process, including assessing liquidity stress testing framework, contingency funding plan, cash flow projections, collateral management, and LCR/FR 2052a assumptions to ensure regulatory compliance in line with firm’s liquidity risk profile. Telecommuting and/or working from home may be permissible pursuant to company policies.
Requirements: Employer will accept a Bachelor's degree in Finance, Financial Engineering or related field and 4 years of experience in the job offered or in a liquidity risk or interest rate risk-related occupation.
Position Required Skills: Position requires experience in the following: Treasury / Finance functions including Asset Liability Management, Liquidity Risk and Funding Management, or related risk oversight functions; Interest rate risk sensitivity simulation models; Interest rate risk vendor applications such as QRM; Utilizing technologies including Oracle EPM and Microsoft Excel; Regulatory rules and supervisory guidance for liquidity and interest rate risk management.
Rate of Pay: The base pay for this position generally ranges between $122,762.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position. We also offer a range of benefits and programs based on eligibility. Learn more at MyDiscoverBenefits.com.
Application Deadline: The application window for this position is anticipated to close on Dec-30-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:
- Paid Parental Leave
- Paid Time Off
- 401(k) Plan
- Medical, Dental, Vision, & Health Savings Account
- STD, Life, LTD and AD&D
- Recognition Program
- Education Assistance
- Commuter Benefits
- Family Support Programs
- Employee Stock Purchase Plan
Learn more at mydiscoverbenefits.com.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status.
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.
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