What are the responsibilities and job description for the Senior Director, Balance Sheet Management position at UNITED COMMUNITY BANK?
Job Title: Senior Director, Balance Sheet Management
Reports To: Treasurer
Position Overview
Responsible for identification, recommendation, implementation, and execution of various balance sheet management efforts. These efforts include direction and oversight of key Treasury functions including Pricing Analytics, Funding & Liquidity, and Capital Management. This position is responsible to identify, measure, monitor, and control the risks associated with current position of those functions and potential outcomes from the various balance sheet management initiatives.
Directs, establishes, and oversees the enterprise-wide governance process for balance sheet management including capital and liquidity deployment as well as the pricing of loans and deposits. Provides strategic analysis and pricing recommendations of loan and deposit portfolio pricing using more granular segmentation such as product and market through partnerships with the various back office and line of business functions.
Duties and Responsibilities
- Funding and Liquidity: Understanding of short-term liquidity investments as well as debt and capital market activities. Responsible for managing and projecting liquidity over short-, medium-, and long-term periods.
- Pricing Analytics: Direct and oversee pricing analytics to support appropriate risk-reward relationships while achieving key strategic objectives within Bank’s risk appetite and tolerance. Key stakeholder in oversight of funds transfer pricing.
- Capital Management: Direct and oversee capital management functions, ensuring compliance with regulatory requirements and alignment with Bank’s strategic objectives.
- Risk Management: Identify, measure, monitor, and control the risks associated with current and potential balance sheet management efforts. Includes creation and maintenance of documentation such as charters and policies that relate to key functions or processes under this position’s responsibilities.
- Leadership and Team Development: Lead and develop team with a focus on continuous improvement of individuals and processes. Serve as chair and/or key stakeholder of various governing councils and committees, with active participation and thought leadership.
Knowledge, Skills, and Abilities
- Education: Bachelor's degree in finance, business, economics, or a related field. An equivalent education experience can be substituted. Master's degree or professional certification (e.g., CFA, CPA, FRM) preferred.
- Experience: Minimum of 10 years in a combination of related areas including funding and liquidity, pricing analytics, capital management, and financial planning and analysis.
- Required Skills:
- Thorough understanding of regulatory guidance pertaining to various balance sheet management functions, with ability to align internal policies and processes. Includes baseline projections and alternatives such as capital and liquidity stress test scenarios.
- Excellent analytical, quantitative, and problem-solving skills, with attention to detail and accuracy.
- Dynamic, analytical, entrepreneurial, creative, and able to multi-task under time constraints.
- Strong communication, presentation, and interpersonal skills, with the ability to influence and collaborate with key stakeholders including senior management and supervisory agencies.
- Highly motivated and focused on delivering concrete results.
- Must work well both independently and as part of a team.
- Advanced knowledge of Microsoft Office products.
- Preferred Skills:
- Advanced knowledge of systems including OneStream, Alteryx, Bloomberg, S&P Global Capital IQ Market Intelligence platform, or Curinos.
- Working knowledge of hedging activities, customer derivatives, and related strategies.
Position Type
This is a full-time position.
Other
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
