Head of Liquidity and Funding
Company: Huntington National Bank
Posted on: September 12, 2023
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
+ 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
+ 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
+ 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.
+ 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
+ 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
+ Excellent oral and written communication skills.
+ Strong ability to influence and build consensus with
+ Strong ethics and character and commitment to building an
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible
for overtime pay)
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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