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Head of Liquidity and Funding

Company: Huntington National Bank
Location: Minnetonka
Posted on: September 12, 2023

Job Description:

Summary: The Head of Liquidity & Funding is a senior member of the Treasury management team and reports to EVP, Corporate Treasurer. This key, high profile position will be responsible for managing the liquidity risk and liquidity planning at the enterprise level and the Treasury funding desk to fund the banks operations. This position will oversee the development, operational and strategic aspects of key liquidity processes within the bank, including internal liquidity stress testing (ILST), cash flow forecasts, contingency funding plan (CFP), and day-to-day liquidity monitoring and reporting. In addition, this position will ensure compliance with liquidity governance requirements outlined in the banks overarching Liquidity Risk Management Policy and Framework. This individual must also possess and apply comprehensive knowledge of relevant regulatory policy and guidance. The ideal candidate will be strategic, analytical and a strong communicator with the ability to guide key decisions.
Location: Columbus, OH Detroit, MI Chicago, IL Minneapolis, MN
Duties & Responsibilities:
+ Oversee the Liquidity management function comprised of a large team to manage structural and short-term liquidity and wholesale funding desk activities. Develop the liquidity and funding profile and strategy for the bank adhering to liquidity requirements.
+ Lead and strengthen liquidity governance and risk management capabilities and practices to support the banks ongoing obligations through a range of conditions in alignment with regulatory expectations and industry mature practices.
+ Oversee and contribute to the development and enhancement of ILST, CFP, cash flow forecast, limit framework, intraday and collateral management and other liquidity pillars and processes. Partner with and support regulatory liquidity reporting function operating outside Treasury within broader Finance organization.
+ Establish and maintain access to various wholesale funding sources and intermediaries; oversee Funding desk execution activities.
+ Ensure compliance with Liquidity Policy, Contingent Funding Plan (CFP), and Liquidity Risk Management Framework.
+ Develop impactful management and board level reports and communicate risk results and actively steer funding and liquidity risks.
+ Identify, analyze and advise management on liquidity related issues inclusive of risks and liquid asset optimization strategies. Provide liquidity subject matter input for balance sheet management and to business line managers.
+ Collaborate and work closely with internal stakeholders and partners within Treasury and outside including Finance and Regulatory reporting, Risk Management, and Technology / Data teams.
+ Serve as a primary point of contact for regulatory interaction on Liquidity and Funding.
+ Participate in and represent the Bank at industry associations and trade groups on Treasury topics.
+ Attract, retain and develop top-caliber talent for the team.
+ Develop the skills and abilities of all team members, driving performance at their highest potential.
+ Proactively support the diversity strategies and goals for Treasury and the broader Finance & Strategy group.
Basic Qualifications:
+ Bachelors degree
+ 15+ years of successively responsible leadership positions in large financial institutions / banks with experience working in Treasury, Risk and / or Finance.
+ Fundamental understanding of bank balance sheet, liquidity and funding industry practices and supervisory requirements.
+ Sound analytical skills and the ability to synthesize results into meaningful outcomes for key stakeholders.
+ Experience interacting with Executive Management, Board, Independent Risk and Regulators
Preferred Qualifications:
+ MBA or Masters degree in quantitative / analytical discipline and / or CFA certification
+ A highly collaborative approach that effectively operates as a leader and a peer
+ Strong thought-leadership focus that leads to value creation.
+ Willingness and ability to challenge the status quo and drive organizational change.
+ Excellent oral and written communication skills.
+ Strong ability to influence and build consensus with conviction.
+ Strong ethics and character and commitment to building an inclusive culture.
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Workplace Type:
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position

Keywords: Huntington National Bank, Minnetonka , Head of Liquidity and Funding, Other , Minnetonka, Minnesota

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