Liquidity Strategy

Within Treasury, Liquidity Strategy is a unique opportunity for individuals at all levels to manage the firm’s balance sheet and directly contribute to executing the firm’s strategy. Working closely with the Head of Liquidity and Treasurer and other members of senior management, the team is responsible for the design and execution of the firm’s liquidity & funding strategy as well as the primary point of contact for all business lines through Treasury’s global “business coverage” model.

The team seeks to optimize the firm’s funding mix to minimize cost in a risk-conscious manner and is a key participant in decision making regarding the allocation of firm liquidity.

The approach to Liquidity management is both holistic and practical; individuals who excel in this role are equally adept at detailed trade-level recommendations and strategic thinking and are expected to develop deep knowledge of the funding products raised within Treasury, as well as the underlying business and client activity supported by that funding.

Responsibilities:

• Working knowledge of assumption methodologies for Internal Liquidity Stress Testing (ILST) across multiple scenarios
• Familiarity with Regulation YY, Liquidity Coverage Ratio (LCR), Cash Flow Projections, Sources & Uses, Net Stable Funding Ratio (NSFR), Resolution Planning is an asset.
• Support execution of the firm’s global deposit raising strategy, considering economic cost, channel diversification, funding capacity, and impact to key liquidity and capital metrics
• Establish and maintain relationships with the firm’s various business lines
• Conduct research and develop presentations on deposit industry, competitor/peer environment, and regulatory landscape impacting funding and deposit raising
• Develop frameworks and conduct scenario analysis to help inform liability risk management focus areas including maturity concentration and macro/market sensitivity
• Identify, analyze, and effectively communicate key deposit risks and trends to internal and external stakeholders including firmwide leadership, committees/boards, and regulators
• Engage with external stakeholders including regulatory agencies, ratings agencies, and funding counter parties
• Relevant Liquidity knowledge and experience
• Excellent analytical skills, with demonstrated ability to perform detail-oriented analyses and present high-level conclusions to senior management
• Excellent risk management mindset, with the ability to identify risks, design mitigating controls, and exercise sound judgment in dynamic conditions
• Highly motivated, detail-oriented self-starter who is comfortable operating in a fast-paced environment and balancing multiple priorities
• Experience managing and interpreting large amounts of data, and analyzing the output to identify trends and present solutions through business intelligence tools such as Tableau
• Functional understanding of financial institution liquidity metrics, Bank balance sheet
• Strong written and oral communication skills with ability to produce polished presentation materials for senior executives
• Strong teamwork and interpersonal skills