Sr. Liquidity Manager
Apply NowCompany: Huntington National Bank
Location: Chicago, IL 60629
Description:
Description
Summary:
The Senior Liquidity Manager is a senior leader within Treasury and Finance & Strategy with significant influence and input to balance sheet management and optimization. This individual plays a key role in managing all aspects of the Bank's liquidity profile including measuring, monitoring, and reporting on liquidity. The role also provides leadership and ongoing training to team members.
Duties & Responsibilities:
Basic Qualifications:
Preferred Qualifications:
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range:
The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
Summary:
The Senior Liquidity Manager is a senior leader within Treasury and Finance & Strategy with significant influence and input to balance sheet management and optimization. This individual plays a key role in managing all aspects of the Bank's liquidity profile including measuring, monitoring, and reporting on liquidity. The role also provides leadership and ongoing training to team members.
Duties & Responsibilities:
- Manages Huntington's Internal Liquidity Stress Testing (ILST) Framework including producing monthly ILST results for the Asset Liability Committee (ALCO)
- Leads senior management's quarterly approval of liquidity stress testing practices, assumptions, and methodologies and quarterly approval of the size & composition of the liquidity buffer
- Develops key liquidity assumptions and approaches and evaluates the appropriateness of all ILST assumptions including segmentation and calibration
- Oversees the development of daily ILST to further strengthen liquidity risk management
- Collaborates with the Funding Desk and Liquidity Measurement & Planning teams to manage the firm's liquidity risk position
- Partners with Controllership for monthly production of FR 2052a
- Responsible for making recommendations to manage ILST, LCR, and NSFR
- Contributes to the FTP and returns analysis for loans and deposits in partnership with business lines, FP&A, Balance Sheet Management, and FTP teams
- Ensures contingent liquidity costs are appropriately included into Huntington's Funds Transfer Pricing Framework
- Regularly participate in meetings with senior management, Risk Management, Internal Audit, and other key stakeholders.
- Actively engage with the regulators through participation in annual Horizontal Liquidity Reviews, regular updates, and information requests on liquidity topics, ILST, and changes to the regulatory landscape
- Engages with industry peers to stay abreast of industry / peer practices, and identifies and recommends optimization strategies to Treasury Management, Treasury Risk, and Executive Leadership
- Advise management and ALSC governance committee on liquidity related issues inclusive of risks and optimization opportunities. Furthermore, will collaborate with the respective teams to develop strategies to mitigate liquidity risk
- Manage team members of the Liquidity Team; hire and provide training, and further develop team members' understanding of liquidity risk topics
- Performs other duties as assigned.
Basic Qualifications:
- Bachelor's degree
- 10+ years of Treasury, Risk, Consulting, or Regulatory experience with good working knowledge of capital, liquidity, and funding
Preferred Qualifications:
- MBA, CFA, FRM, or CPA
- Experience in financial modeling and analytics
- Outstanding communication skills to interface with regulators, senior management, committees, and employees of all levels
- Ability to work in a fast-paced, high-energy environment with multiple, competing priorities
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range:
The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.