Executive Director - Product Specialist - Treasury

Executive Director - Product Specialist - Treasury

Country: United States of America

The Director, Treasury provides subject matter expertise in one or more of the following processes (Asset-Liability Management, Interest Rate Risk, Liquidity Risk, Investment Portfolio Management, Cash-Management, Debt Capital Markets, Capital Allocation, Capital Market Theory, Capital Planning and Recovery & Resolution). S/he implements complex solutions to (balance sheet management, investment portfolio management, asset liability management or capital management) department priorities. The incumbent also participates in complex analysis and projects.

The Finance organization is responsible for leading and participating in a number of critical functions including: supporting executive management decisions making by analyzing results, assessing strategic alternatives and developing strategic plans; communicating financial results and forecasts with critical stakeholders, including executive management and Board of Directors, shareholders and regulators; managing the Company’s balance sheet, including interest rate and liquidity risks; establishes the Company’s capital policies and prioritizes investments; develops and implements controls to reduce operational risk; developing and maintaining financial data and systems. The Finance organization works across functions and Business lines in the Company, requiring a broad understanding of our business, risk and strategy.

Manages and analyzes cash funds, debt, and interest rate risk on behalf of the company. Formulates and updates policies and guidelines on the planning and management of the company's monetary resources. Ensures optimization of income and proper investments. Plans and sources cash requirements.

Essential Functions/Responsibility Statements:

Implement operational aspects to ensure the (Asset-Liability Management, Liquidity Risk Management, Cash Management, Interest-Rate Risk Management, Fund Transfer Pricing, Investment Portfolio Management, Balance-Sheet Management, Debt Capital Markets) function effectively assess, manage, and report on risk.

Lead Operational liquidity management, including but not limited to:

• Monitor Nostro Accounts.
• Execution of FX transactions.
• Management correspondent bank account (BOFA)
• Management of IPA.
• Oversight of BO disbursement reports.
• Escalation of operational issues.
• Management of internal tickets between markets and ALCO.
• Management of intragroup short-term deposits.
• Coordination with STM desk at Madrid and DTDF reporting.
• Management of operational liquidity

Lead Intraday Risk and collateral Management, including but not limited to:

• Monitoring of intraday liquidity and reporting.
• Monthly Forum ILR
• Intraday policies and procedures
• Maintenance of KIWIs and reporting
• Coordinate with BO/Medusa to ensure data quality. Projects

Lead Payment System Risk management, including but not limited to:

• Discount Window access. Documentation with Fed
• Oversee Discount window/BIC process. IT projects, Audits, RCSA
• Monthly BIC Forum.
• Maintain Net Debit Cap (Intraday Facility) with Fed.
• Oversee opening and monitoring of nostro accounts by BO.

Conduct (financial, variance, profitability, forecasting, liquidity) analysis to improve balance-sheet efficiency and adherence to established risk limits.
Execute against established policies and procedures (including risk limits, reporting requirements, stress testing requirements, etc.) and contribute to a strong internal control environment in the Treasury functions.
Identify and implement process and system improvement opportunities.

Coach junior level team members to enhance leadership skills and subject matter expertise.
Communicate effectively with internal and external stakeholders.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:
Bachelor's Degree: Accounting, Finance, Economics or equivalent field.
Master's Degree Finance, Accounting, Economics or equivalent field. Pref

Work Experience:
9+ Years Banking/Financial Services Industry or related field

Skills and Abilities:
Ability to convey a sense of urgency and drive.
Strong verbal and written communication skills in interacting with internal and external stakeholders.
Ability to make effective