Chief of Liquidity Pricing Operations

1 week ago


San Francisco, California, United States First Citizens Full time
Position Overview

This role is designed as a hybrid position, requiring a balance of in-office and remote work.

The Director of Liquidity Pricing and Analytics will spearhead a team of 10-20 professionals tasked with essential reporting, analytical insights, and pricing strategies. This is a crucial leadership position within the Liquidity Product Management sector and the wider commercial banking environment. The individual will be responsible for overseeing the commercial bank's deposit interest rates, service fees, and Earnings Credit Rate (ECR) strategies, coordinating liquidity product positioning, managing executive-level reporting, ensuring product reconciliation, and generating research and insights into client behaviors. Additionally, this role will lead collaborative efforts on budgeting and forecasting.

This position is pivotal in crafting and executing key strategies while fostering communication and collaboration with senior executives and sales leadership throughout the commercial banking division. The Director will play a significant role in ensuring that business strategies effectively enhance client experiences, drive profitability, and adapt to the competitive landscape.

Key Responsibilities
  • Collaborate with the Liquidity Solutions Leadership Team, Investor Relations, Financial Planning & Analysis (FP&A), Regulatory Reporting, and Corporate Treasury to identify each department's analytical requirements related to liquidity products. Engage with senior leadership across the organization to formulate data management strategies that support financial models, analytics, and reporting. Transform complex analyses into clear narratives for leadership and partner teams. Embrace a culture of continuous improvement, prioritizing swift action and ongoing learning.
  • Supervise financial reporting, revenue tracking, and reconciliation tasks for liquidity solutions products. Work alongside Financial Planning & Analysis, Corporate Treasury, and Liquidity products to enhance balance forecasting methodologies and outcomes. Act as a subject-matter expert in the organization-wide Large Financial Institution (LFI) initiative. Collaborate with Corporate Treasury, Transformation Office, and Liquidity Risk Management on regulatory frameworks.
  • Manage the strategies for interest-bearing deposit rates and non-interest-bearing deposit earnings credits across various products and segments, ensuring alignment with the bank's financial objectives. Coordinate deposit and treasury management service fees for Liquidity Solutions and the broader product organization. Structure data and conduct analyses such as pricing/rate elasticity to inform strategic decisions and garner support for pricing strategies.
Qualifications
  • Bachelor's Degree with 8 years of experience in Banking, Financial Services, or Management Consulting, or a High School Diploma/GED with 12 years of relevant experience.
  • Preferred Experience: 8+ years of combined expertise in Commercial Bank Pricing, Deposit Product Management, Treasury, and FP&A.
  • Essential Skills: Liquidity Management with a profound understanding of liquidity risk management, funding strategies, and Pricing Analytics.


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