Funding and Liquidity Manager

2 weeks ago


Providence, Rhode Island, United States Citizens Full time
Funding and Liquidity Manager Job Description

The Funding and Liquidity Manager will play a critical role in identifying, quantifying, and managing Citizens' liquidity risk. This position will lead analysis to ensure Citizens is appropriately funded 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.

Key Responsibilities
  • Liquidity Risk Management: Develop, enhance, maintain, and review assumptions for internal liquidity stress tests and interpretations for regulatory liquidity metrics (US LCR, US NSFR).
  • Product-Specific Analysis: Perform detailed analysis to support stress testing calibration, requiring strong collaboration and engagement with partners across Business, Treasury, and Risk functions.
  • Model Risk Management: Actively participate in discussions with Model Risk Management function in documenting and validating models.
  • Liquidity Impact Assessment: Assess the liquidity impacts related to new businesses and products, as well as changes to the external market environment.
  • Regulatory Compliance: Understand regulatory liquidity metrics, reporting requirements, and existing liquidity framework to effectively support ongoing liquidity oversight requirements and proposed liquidity regulations.
  • Financial Analysis: Develop a 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.
  • Market Monitoring: Monitor external events, trends, and developments (rating agency changes, products, regulations, practices, etc.) to enhance development and contribution and otherwise inform the team.
  • Regulatory Updates: Review evolving regulatory liquidity requirements (NSFR, etc.) and reporting (FR2052a, etc.) to understand and implement required monitoring and reporting changes.
  • Collaboration and Communication: 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 and Requirements
  • Education: Bachelor's degree required in Business, Finance, Math, Statistics, or other related topics.
  • Experience: 7-10 years of Bank Treasury, Finance, Accounting experience.
  • Skills: 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.
  • Work Environment: Hybrid work schedule, with 3 days in the office and 2 days working from home.


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