The Capital and Liquidity Associate is responsible for local liquidity risk management, control of legal lending limits, capital regulatory limits, and finance regulatory reporting.
The main objective is to identify, measure, monitor and control the level of liquidity risk , possible emerging risks or possible credit exposures that may affect compliance with regulatory limits and capital or Basel requirements that apply to the legal entity Likewise, propose internal policies and early warnings that allow ensuring compliance with the regulation in this matter so that they are approved by the Risk Monitoring Committee and/or the Board of Directors.
Job Responsibilities
- Develop procedures that allow the identification, measurement, monitoring, control and disclosure of possible liquidity events or risks to which the bank is exposed, or that may affect the development of the business.
- Propose internal policies or guidelines to strengthen the control environment to mitigate the occurrence of regulatory breaches related to liquidity, credit, and capital regulatory limits.
- Responsible for the control, supervision, and reporting of the regulatory limits of credit concentration, liquidity, and capital risk.
- Inform the different levels, both internal and corporate, and external entities (as required) about liquidity risk exposures and levels of consumption of the regulatory limits subject to monitoring and control.
- Establish preventive monitoring mechanisms aimed at mitigating possible emerging risks in terms of regulatory limits.
- Develop and apply control and monitoring procedures for liquidity risk management to mitigate possible liquidity shortages arising from compliance with both contractual flows and non-contractual flows (deposits).
- Carry out periodic measurements and analysis related to capital stress (EPR/ICAAP) and other functions derived from new regulatory capital requirements.
- Provide support to the business areas in terms of various analyses, impacts of new regulations and applicable limits that may affect the level of exposure to liquidity, capital and legal entity credit limits
- Develop content for the Risk Committee and the Board of Directors related to liquidity, credit, and capital limits.
- Develop the content of manuals, policies, and internal guidelines related to the issues under their responsibility.
- Actively participate in the analysis and implementation of the new business initiatives and new regulations or the modifications to the norms issued by the Financial Superintendence related to the scope of role
- Support the Director of Finance and the Director of the Risk Management Unit in managing the activities described.
- Collaborate with lines of business to support new business initiatives by the assessment of local regulation
Required qualification, capabilities or skills
Bachelor’s degree in economics, business administration, finance, industrial engineering, or related areas.
7 years of experience in liquidity and capital risk related matters
High capacity for both financial and economic analysis.
Ability to create models and develop financial projections.
Remarkable knowledge about the operation of treasury products and derivatives.
Knowledge of Colombian regulations related to liquidity risk, credit limits and capital stress as well as Basel guidelines.
Advanced level of Excel with knowledge in programming languages.
High sense of responsibility and control.
Advanced level of English
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our
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