Senior Treasury Manager

4 weeks ago


Morristown, Tennessee, United States First-Citizens Bank & Trust Company Full time

Job Summary

We are seeking a highly skilled Senior Treasury Manager to lead our Investment Operations Middle Office team. This role is responsible for managing a team that provides critical support to our Treasury and Capital Markets trading desks, focusing on trade support, collateral management, reporting, and compliance with policies and regulations.

The successful candidate will collaborate across functions to mitigate risk, offer subject matter expertise, and implement key business strategies. Key responsibilities include leading and developing the Middle Office team, overseeing collateral management, building strong relationships with internal stakeholders, analyzing front-to-back workflows, and maintaining policies and procedures.

Key Responsibilities

  • Lead and develop the Middle Office team by providing direction, managing workloads, facilitating growth opportunities, and aligning responsibilities to optimize team performance while ensuring seamless day-to-day operations.
  • Oversee collateral management for Public Fund deposits, Intercompany, and derivatives, including booking collateral movements, tracking encumbrance status, reconciling mark-to-market valuations, initiating margin calls, and producing the associated business reporting for the bank.
  • Build strong relationships with internal stakeholders such as front office, back office, accounting, legal, technology, risk management, and liquidity management to drive initiatives and new product offerings forward.
  • Analyze front-to-back workflows and capabilities, identify gaps, and offer re-engineering solutions to mitigate risk, improve data quality, and realize efficiencies.
  • Maintain policies and procedures and ensure continued compliance, partner with internal and external audit to answer questions and guide them through reviews, and implement action plans that address audit findings and self-identified issues.
  • Manage day-to-day trade support, including affirming trades, executing OTC trade confirmations, and approving wires/disbursements.
  • Develop, maintain, and monitor trader limits, counterparty exposures, and compliance rules and controls.
  • Onboard new trading counterparties and accounts by performing due diligence and facilitating document negotiations with legal and credit for ISDA/CSA, MRA/CUA, MSFTA, etc.

Qualifications

  • Bachelor's Degree and 6 years of experience in Banking Treasury/Finance or High School Diploma or GED and 10 years of experience in Banking Treasury/Finance.
  • 10+ years of experience or equivalent in a middle office or trading operations role, preferably in capital markets or corporate treasury.
  • 5+ years managing a team in a fast-paced environment.
  • Bachelor's Degree, preferably in business or finance.
  • Extensive knowledge of trade processing and financial instruments, including fixed income, foreign exchange, repo, debt, swaps, and interest rate derivatives.
  • Excellent analytical and problem-solving skills to identify, understand, and address operational and technical issues.
  • Superior written and verbal communication skills.
  • Strong Microsoft Excel, Word, Visio, and PowerPoint skills.
  • Documentation experience with ISDA, MRA, MSFTA, etc.
  • An understanding of vendor offerings in Collateral Management or Public Fund spaces is a plus.

About First Citizens Bank

First Citizens Bank is an Equal Opportunity Employer. We offer a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here.



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