Senior Associate, Liquidity Stress Testing

This role supports liquidity and market risk management activities related to global settlement services and strategic growth initiatives. The position is responsible for analyzing liquidity risk impacts associated with new members, currencies, and service enhancements, as well as conducting ongoing risk monitoring and stress testing. The role also includes ownership responsibilities for internal risk models and contributes to management and regulatory reporting.

Client Details

Global financial services organization with offices in NYC and Iselin, NJ.

Description

• Perform liquidity risk analysis to evaluate risk and benefits associated with settlement participation expansion and strategic initiatives.
• Conduct daily and periodic stress testing to assess potential member payment failures and support enhanced settlement monitoring in line with regulatory expectations.
• Analyze the impact of market, financial, and geopolitical events on settlement services and liquidity risk exposure.
• Support continuous improvement of liquidity and market risk processes, including automation and efficiency enhancements to reduce operational risk.
• Perform ongoing monitoring of internally owned risk models and maintain supporting documentation in accordance with model risk management standards.
• Develop and implement benchmarking models as part of model performance monitoring requirements.
• Prepare detailed risk reporting for internal management, governance committees, and regulatory stakeholders.
• Contribute to risk and control self-assessment (RCSA) processes and broader risk governance activities.
• Collaborate with cross-functional partners to support risk initiatives and information requests.

Profile

• Three or more years of experience in banking, consulting, or financial services.
• Undergraduate degree in computer science, finance, economics, or a quantitative discipline; advanced degree preferred.
• Strong quantitative and analytical skills with experience applying risk methodologies and financial analytics.
• High attention to detail with a disciplined approach to reviewing and validating work output.
• Strong critical thinking and problem-solving capabilities.
• Effective written and verbal communication skills.
• Ability to work collaboratively across teams and functions.
• Advanced technical skills, including SQL, Python, R, and Excel/VBA.
• Experience working with large datasets, including data interpretation, cleansing, manipulation, and analysis.

Job Offer

• Competitive salary ranging from $90,000 - $105,000
• Comprehensive benefits package.
• Opportunities for professional growth within the financial services industry.
• Supportive and collaborative work environment.
• Access to ongoing training and professional development resources.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.