Manager, Cash Flow Forecasting and Funding Management

Western Alliance Bank•Phoenix, AZ

29d•Onsite

About The Position

The Funding and Liquidity Management team is part of the Balance Sheet Management function within Corporate Treasury. In preparation for becoming a Large Financial Institution (LFI), we are looking for an experienced Treasury Funding professional to help guide the firm in its journey. Responsibilities of Funding and Liquidity Management include, but are not limited to:  The firms Cash Flow Forecasting processes, including intraday.  Setting the firms Market Funding Strategy, Funding Plan, and execution of the plan through available funding channels, e.g., repo, brokered CD’s, FHLB advances, long-term debt.  Collateral Management.  Assist with developing, enhancing, and overseeing implementation of the liquidity frameworks for internal stress testing.  Assist with interpreting and overseeing implementation of U.S. liquidity rules and 2052a reporting.  Production of key firm-wide cash and liquidity position reporting, including availability of contingent funding sources, collaboratively with Liquidity Management team  Monitoring and managing firm-wide and legal entity cash and liquidity positions.  Aggregating and managing cash and liquidity forecasts for the firm and key legal entities.  Partnering closely with other teams in Corporate Treasury such as Capital Planning, ALM, Investments teams as well as Liquidity Risk Oversight and Internal Audit. The candidate will report to the Director of Wholesale Funding and Liquidity and will be responsible for key aspects of liquidity management including short-term cash management and forecasting, including intra-day, and wholesale funding execution. The candidate will participate in discussions with senior management on funding and liquidity strategy and planning and will work closely with various lines of business and their teams. The ideal candidate should have extensive experience in Treasury including cash flow forecasting and funding execution, liquidity management, strong markets knowledge, strong project management skills, analytical acumen, and communication skills. Specific responsibilities include: Partnering effectively with Lines of Business, Risk partners and other stakeholders. Development and enhancement of the short-term cash flow forecast and intraday monitoring and reporting. Short-term cash flow forecasting for firmwide and legal entities in partnership with lines of business. Assist with developing the funding strategy and plan, market funding execution, including developing existing and new market funding channels. Updating relevant policies and procedures, developing new as needed. Monitoring and managing firm-wide and legal entity cash/liquidity positions. Developing and monitoring liquidity KRI’s. Integrate liquidity management with firmwide risk appetite.

Requirements

5+ years of Treasury or finance/banking industry experience.
Cash flow forecasting and intraday liquidity management experience.
Strong working knowledge of wholesale funding markets and experience with funding execution.
Strong management skills with a team first approach.
Bachelor’s degree in finance, accounting, or related discipline.
Strong analytical and problem-solving skills.
Ability to promote partnership with Liquidity Risk Oversight and Corporate Treasury.
Strong, clear, and concise written and verbal communication skills with ability to prepare executive level presentations.
Strong organizational and execution skills.
Knowledge of bank regulations strongly preferred.

Nice To Haves

Experience working at a LFI firm ($100B+) preferred.

Responsibilities

Partnering effectively with Lines of Business, Risk partners and other stakeholders.
Development and enhancement of the short-term cash flow forecast and intraday monitoring and reporting.
Short-term cash flow forecasting for firmwide and legal entities in partnership with lines of business.
Assist with developing the funding strategy and plan, market funding execution, including developing existing and new market funding channels.
Updating relevant policies and procedures, developing new as needed.
Monitoring and managing firm-wide and legal entity cash/liquidity positions.
Developing and monitoring liquidity KRI’s.
Integrate liquidity management with firmwide risk appetite.