Senior Director, Head of Funding

First Citizens Bank•Raleigh, NC

11d

About The Position

This position is responsible for managing a team of leaders and professionals to develop and maintain a diverse funding desk supporting FCB’s Treasury department to achieve balance sheet funding needs and contribute to liquidity risk management practices and asset liability management functions. The leader ensures coordination between the Treasury Funding teams and other stakeholders (e.g. investor relations, various deposit teams) across all Treasury and Finance functions, ensuring funding strategies, recommendations, and actions are undertaken in full alignment with overall balance sheet strategy and risk appetites. Oversight over all Treasury funding channels (e.g. debt capital markets, secured channels, brokered channels). Provides coaching and guidance to staff to ensure continued alignment with organizational culture.

Requirements

Bachelor's Degree and 12 years' experience OR High School Diploma or GED/Equivalent and 16 years' experience in Banking Treasury or Finance
Chartered Financial Analyst (CFA) - IO

Nice To Haves

PhD or MS
Quantitative fields such as Finance, Econometrics, Mathematics, Physics, Engineering
Risk Modeling, Model Development, Analytics in Large Financial Institution, Experience leading in a large, diverse organization
Treasury
Liquidity Management
Business acumen / knowledge
Policy, Procedure, and Governance
Maintains Strategic Perspective
Drives for Results

Responsibilities

Responsible for the efficient management of the funding portfolio from strategy to execution.
Lead teams responsible for funding executions that align with company risk appetites and allocations.
Manage counterparty relationships and any necessary collateral program requirements.
Responsible for the development, revision, and implementation of compliant and effective funding strategies and sources.
Advises on existing and new strategies to ensure positions are appropriate allocated and risks are properly measured and monitored.
Coordinates timely delivery of analysis and reporting to senior management and stakeholder teams.
Represents Treasury practices during engagements with internal and external stakeholders, including regulatory exams/engagements.
Establishes and monitors expectations to achieve company and department goals.
Makes appropriate changes to department policies, procedures, and efficiencies in order to meet objectives.
Manages the performance, training, and evaluation of assigned staff.
Maximizes department achievements by providing guidance and professional development.
Establishes and maintains strong, communicative relationships with Treasury team, debt capital markets partners, regulatory agencies, internal risk, and internal audit to facilitate Treasury initiatives and strategies.