Managing Director Liquidity Pricing & Analytics at First Citizens Bank
San Francisco, CA 94105
About the Job
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.
The Managing Director, Liquidity Pricing and Analytics will lead a team of 10-20 individuals with responsibility for critical reporting, analytics, and pricing strategy. This is a pivotal leadership role within Liquidity Product Management and the broader commercial bank. This person will own the commercial bank deposit interest rate, deposit service fees and ECR strategy, coordinate liquidity product positioning, manage executive reporting, ensure product reconciliation, develop research and new insights into client behavior, as well as lead collaboration on budgets and forecasts.
This role will be responsible for developing and delivering on key strategies while communicating and collaborating with key executives and sales leadership across the commercial bank. This position will play an important role building and ensuring business strategies are effective in enabling a valuable experience for clients, driving bank profitability, and responding to the competitive landscape
Responsibilities:
- Partner with the Liquidity Solutions Leadership Team, Investor Relations, Financial Planning & Analysis (FP&A), Regulatory Reporting and Corporate Treasury to understand each department's individual analytics needs related to liquidity products. Engage senior leadership across the bank to develop data management strategies to support financial models, analytics and reporting. Synthesize complex analysis into easily understandable stories for leadership and partner teams. Adopt a mindset of continuous improvement, with a bias toward quick action and constant learning.
- Oversee the financial reporting, revenue and reconciliation responsibilities for liquidity solutions products. Partner with Financial Planning & Analysis, Corporate Treasury, and Liquidity product to refine balance forecasting methodology and results. Contribute as a subject-matter-expert in the company-wide Large Financial Institution (LFI) initiative. Partner with Corporate Treasury, Transformation Office, and Liquidity Risk Management on 2052A, FRY-14Q, ITM framework.
- Oversee the deposit interest bearing rate and non-interest bearing deposit earnings credit strategies across multiple products and segments ensuring they align to bank's financial targets. Coordinate deposit and treasury management service fees for Liquidity Solutions and the broader product organization. Structure data and develop analysis such as pricing / rate elasticity to support strategic decisions and build support for pricing decisions.
- Bachelor's Degree and 8 years of experience in 8+ years Banking, Financial Services, or Management Consulting OR High School Diploma or GED and 12 years of experience in 8+ years Banking, Financial Services, or Management Consulting
- Preferred Area of Experience: 8+ years of combined experience in Commercial Bank Pricing, Deposit Product Management, Treasury, FP&A
- License or Certification Type: null null
- Skill(s): Liquidity Management: Deep understanding of liquidity risk management, funding strategies, Pricing Analytics
If hired in CA or NY the base pay for this position is generally between $185,654.00, and $251,179.00. If hired in AZ, the base pay for this position is generally between $$170,142.00 and $$230,192.00. 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.
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits