Funding and Liquidity Sr Manager

DescriptionThe Funding & Liquidity Sr Manager will be responsible for identifying, quantifying, and managing Citizens's liquidity risk. This role will lead analysis to ensure Citizens is appropriately funded in order to meet Regulatory requirements and has the ability to survive a liquidity crisis and mitigate any risks caused by changes to economic and market conditions. This requires interpretation of internal/external challenges to identify potential funding gaps, monitor cash flows, assessing the stability of funding sources and project future funding needs.Primary responsibilities include

Lead the development, enhancement, maintenance, and review of assumptions for internal liquidity stress tests and interpretations for regulatory liquidity metrics (US LCR, US NSFR).

Perform detailed product-specific analysis to support stress testing calibration which will require strong collaboration and engagement with partners across Business, Treasury and Risk functions.

Actively participate in discussions with Model Risk Management function in documenting and validating models.

Assess the liquidity impacts related to new businesses and products, as well as changes to the external market environment.

Understand regulatory liquidity metrics, reporting requirements and existing liquidity framework in order to effectively support both ongoing liquidity oversight requirements and proposed liquidity regulations.

Develop solid understanding of key sources and uses of funds, products, risks, controls, and core processes to support the Group’s mission of providing current, projected, and contingent liquidity in a timely, cost effective, and risk-controlled manner.

Monitor external events, trends, and developments (rating agency changes, products, regulations, practices, etc.) to enhance development and contribution and otherwise inform team.

Review evolving regulatory liquidity requirements (NSFR, etc.) and reporting (FR2052a, etc.) to understand and implement required monitoring and reporting changes.

Maintain strong working relationships with critical support partners (other Treasury groups, Operations, Technology, Risk, Loan Operations, Audit, Commercial and Consumer LOBs, etc.) to collaboratively pursue priorities and identify and implement process improvements.

Qualifications, Education, Certifications and/or Other Professional Credentials

Bachelors degree required in Business, finance, math, statistics or other related topics.

Masters degree preferred in finance.

7-10 Years Bank Treasury, Finance, Accounting experience.

Understanding of the money and capital markets, bank operations, and basic accounting.

Strong quantitative and analytical skills, supported by equally strong Microsoft Office skills (particularly with Excel).

Excellent communication skills, written and oral. Ability to persuade through reasoned analysis.

Strong work ethic and achievement orientation. Demand for excellence from self & others.

Intellectual curiosity and initiative to learn about and adapt to new concepts, processes, and practices.

Discipline to ensure risks remain controlled.

Hours & Work Schedule

Hours per Week: 40

Work Schedule: Hybrid - 3 days in office and 2 days working from home

#LI-CITIZENS2Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.Equal Employment OpportunityAt Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.Equal Employment and Opportunity EmployerCitizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.Why Work for UsAt Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growthBackground CheckAny offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.