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Fulltime Employment with Banking client

Location : Midtown, NYC (HYBRID 3 days on-site)

Salary range : 100k 150k base, 10% bonus target + excellent benefits

JOB SUMMARY: Responsibility for the daily oversight, management and reporting of a NYS chartered/FDIC insured Bank's daily cash and liquidity. The ideal candidate will have extensive experience in the wholesale funding markets; inclusive of Federal Home Loan Bank (FHLB) borrowings, Federal Reserve Bank's Discount Window operations, Over-Night Fed Funds and Brokered CDs.

DUTIES and RESPONSIBILITIES:

• Oversee the daily management of short-term liquidity and cash positioning.
  • This includes managing the Bank's cash-flow from both assets and liabilities; therefore, a substantial understanding of the Bank's Balance Sheet composition
• Execute overnight and other short-term wholesale funding transactions to assure stable cash footings
• Ensure compliance with regulatory requirements and Banking "best practices"
• Ensure adherence to the firm's Written Supervisory Procedures and Operating Procedures
• Actively manage wholesale counterparty relationships and other short-term liquidity related services providers
• Provide for the proper preparation, maintenance and reporting of all activities
• Preparation and creation of daily activity reports

QUALIFICATIONS:

• 5 + years of active industry experience within cash and daily liquidity management

• Bachelor's Degree in Economics and Finance preferred but not required
• Experience with operational processes and systems, ensuring compliance with regulatory requirements and Banking "best practices"
• An adequate comprehension of both financial theory and practice, as well as the ability to make sound decisions quickly
• Adequate experience with cashflow forecasting preferred
• Knowledge of interest rate markets and the ability to evaluate market pricing
• Strong understanding of the wholesale liability vehicles and the risks and rewards associated with each
• Comprehension of Foreign Exchange activities preferred
• Excellent analytical and decision-making skills and the ability to effectively communicate with members of Treasury's management team
• Analytical skills with the ability to recognize trends and patterns in data and daily operations
• Experience with monitoring and execution of cash inflows and outflows
• Strong communication skills
• Strong problem solving ability
• Strong experience in Excel