Director, Liquidity Risk Management

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office.

Manages a team of leaders and professionals to develop and maintain quantitative and qualitative financial models and applications supporting the Treasury department including CCAR and business as usual balance and pre-provision net revenue projections, asset liability management functions as well as liquidity risk management practices. Develop, enhance, and periodically review methodologies and models for internal liquidity stress tests (ILSTs) and liquidity cash-flow forecasting for on and off-balance sheet exposures and associated documentation of ILST model. Coordinates between the Model Development team and other stakeholders across all Treasury and Finance functions, ensuring models are fit for purpose and are maintained in accordance with internal model risk management standards. Directs team in model design and development methods commensurate with internal model requirements and regulatory expectations. Maintains effective controls and governance on model assumptions and uses. Liaises with regulatory agencies, internal risk, and audit departments to facilitate Treasury initiatives and strategies. Perform product level stress testing calibrations and cash flow impacts based on strong collaboration and engagement with partners across business, treasury, and risk functions. Provides coaching and guidance to staff to ensure continued alignment with organizational culture.

Bachelor's degree in Finance, Econometrics, Math, Physics, Engineering, or a related quantitative field plus twelve (12) years of experience in the job offered or twelve (12) years of experience as a Senior Manager or related occupation. Alternatively, employer will accept a Master's degree in Finance, Econometrics, Math, Physics, Engineering, or a related quantitative field plus ten (10) years of experience in the job offered or ten (10) years of experience as a Senior Manager or related occupation.

Requires experience with financial planning and analysis within QRM systems. Requires extensive understanding of banking and finance industry. Requires understanding of modeling development and controls. Requires experience in liquidity risk management and balance sheet management. Requires experience in cashflow forecasting. Requires experience with regulatory reporting. Requires experience in funds transfer pricing. Requires experience in Empyrean, Power BI, and Microsoft Office. Requires extensive knowledge of regulatory requirements for liquidity risk management of large financial institutions.

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

The base pay for this position is generally between $292,427 to $318,200 per year. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits. #EJC and #LI-DNI