Job Description:
A medium-sized financial institution that is growing quickly is seeking a Treasury Funding Manager to lead the operation of various balance sheet initiatives related to its funding management practices and strategic objectives.
Location: Frisco, TX (2 days/week)
Salary: Base up to $160K + bonus
Visa sponsorship is NOT AVAILABLE
Responsibilities:
- Lead the Funding Desk in its daily activities including managing the Federal Reserve cash position, investigating customer wire activity, and producing the daily cost of funds for loan pricing.
- Determine the appropriate amount of overnight borrowings such as Fed Funds, Euro deposits, and repos to achieve a strategic level of cash balances.
- Evaluate opportunities and executes funding transactions such as Fed Funds, FHLB borrowings, brokered deposits, and longer-term debt to support strategic goals and initiatives.
- Develop and provide funding recommendations to Funding Director.
- Research potential new funding sources.
- Develop and maintain relationships with brokers, dealers, and the Federal Reserve to ensure readiness to execute across various funding channels.
- Mentor a team of funding analysts on various funding channels, evaluating opportunistic funding options, the evolving capital markets environment, and changing regulatory landscape.
- Conduct periodic forecasts of expenses related to the wholesale funding portfolio.
- Engage with numerous areas of the Bank to ensure accurate and consistent reporting, analysis, communication, and projection of funding position
Qualifications:
- Bachelor's Degree in finance or related field
- 8 years of Liquidity/Funding experience
- 6 years of experience managing medium to large projects
- Experience building financial models
- Basic knowledge of SAS/SQL is a plus, not a MUST