Risk Management, Implementation Consultant

This is a fully remote position, open to applicants in United States.

📋 Description

• Successfully manage the implementation of Empyrean's ALM, LST, FTP, Model IQ, Capital Stress Testing, and CECL solutions from the initial project phase to go-live.

• Convert client objectives related to interest rate risk, liquidity risk, capital, credit loss, transfer pricing, and model governance into effective and sustainable implementation strategies.

• Set up balance sheet frameworks, cash flow assumptions, rate and capital stress scenarios, as well as CECL/ACL methodologies.

• Ensure the completeness, reconciliation, and reliability of client data for accurate modeling and reporting.

• Empower clients to generate and rely on reports concerning IRR, liquidity, capital, transfer pricing, and credit loss.

• Assist in the development and governance of models using Model IQ.

• Provide training to clients for independent administration of the solution and self-sufficient reporting.

• Offer recommendations to clients regarding best practices in data management, reporting, and balance sheet risk assessment.

• Act as a liaison between client users and Empyrean's product management team, ensuring client needs inform product development.

• Utilize AI-assisted tools and standardized processes to enhance delivery efficiency and consistency.

• Protect sensitive customer information by adhering to relevant policies and controls while using authorized transmission methods.

⛳️ Requirements

• A degree in finance, accounting, economics, mathematics, or a related field.

• 2–5 years of relevant experience in banking, financial services, risk management, FP&A, or financial technology.

• Strong understanding of the banking sector, accounting principles, and financial statements.

• Proficient in Excel and experienced in handling large datasets.

• Excellent attention to detail coupled with effective planning and organizational skills.

• Familiarity with business intelligence tools such as Tableau or Power BI.

• Experience in developing statistical or behavioral models, including regression-based NMD, prepayment, or PD/LGD modeling.

• Comfortable with following and enhancing structured processes.

• Proven AI literacy in a professional setting.

• Good judgment regarding the application of AI, including an understanding of data handling and confidentiality issues.

• Basic knowledge of asset/liability management (ALM), interest rate risk, Capital Stress Testing, and liquidity risk concepts, including liquidity stress testing (LST).

• Basic knowledge of Funds Transfer Pricing (FTP).

• Familiarity with CECL/ALLL methodologies and calculations of allowances for credit losses.

• Understanding of model risk management, model validation, or model governance frameworks like Model IQ.

• Familiarity with regulatory capital planning and stress testing frameworks such as CCAR/DFAST.

• Knowledge of fixed-income cash flow calculations and fixed income mathematics.

• Experience in implementing ALM, liquidity, Capital Stress Testing, or CECL solutions within a financial institution.

• Background in financial data management, ETL tools, and Microsoft Power Query.

• Proficiency in SQL or other data analysis tools.

• Previous experience in consulting, implementation, or customer success roles.

• Experience in building or enhancing repeatable, AI-assisted workflows.

🏝️ Benefits

• Additional incentive plans may be accessible for specific roles or locations.

• Flexible requirements and encouragement to apply even if not meeting every qualification.

• Commitment to an equal opportunity and diverse, inclusive workplace.