Job Information
Huntington National Bank Funding and Collateral Manager in Chicago, Illinois
Description
Summary:
The Corporate Treasury Funding Desk is seeking a Funding and Collateral Manager with relevant liquidity/trading experience, preferably within a large banking organization. Reporting to the Head of Funding, the individual will be a senior member of the Funding Desk, supporting key initiatives related to strategic collateral management and funding execution and optimization. This highly visible role provides for significant interaction with senior management, lines of business, and various internal and external stakeholders. Exceptional understanding of funding channels and collateral optimization concepts, attention to detail, ability to manage projects with regulatory and internal Risk engagement, as well as communication abilities are key to this role. Responsibilities to Include:
Develop and direct firm-wide collateral management strategic initiatives in accordance with Huntington’s Enterprise Collateral Management Policy, including with respect to repo/reverse repo monetization channels, expansion/optimization of secured funding sources, collateralized deposits, and other business-related directives
Interface with counterparties, including FHLB Cincinnati, FRB Cleveland, and broker-dealers as it relates to collateral pledging and funding channels
Partner with Treasury Capital Markets to direct repo/reverse repo execution
Generate ideas/identify opportunities and execute on certain unsecured wholesale funding actions (FHLB/BCDs/Repo/etc)
Partner with Treasury Operations to further develop and enhance collateral reporting useability and streamline collateral management process flows. Guide enhancements to monitoring and management of collateral
Interact regularly with Lines of Businesses and Operations groups that generate and/or use loan and securities collateral to assess new business initiatives and maximize the liquidity value of collateral for the firm
Consistently assess industry best-practices and stay up-to-date on regulatory requirements and potential future updates to regulatory liquidity and collateral frameworks. Stay abreast of changes to collateral eligibility and haircuts and assess related implications to Huntington
Work alongside, and in close coordination with, the Reserve and Intraday Liquidity team to manage and optimize Huntington’s cash position.
Develop additional intraday collateral management capabilities, particularly as it relates to intraday liquidity risk and contingency funding planning
Prepare reporting and analysis for internal use as well as externally with relevant regulatory bodies
Regularly participate in meetings with Senior Management, Risk Management, Internal Audit, and other key stakeholders
Required Qualifications:
Minimum of 7 years of Corporate Treasury experience with trade execution-related exposure
Bachelor’s Degree, preferably in an applicable field (Finance, Accounting, Business Analytics, etc)
Preferred Qualifications:
Advanced knowledge of Microsoft Office products
Experience with SQL and/or relational databases
Strong interpersonal skills with the ability to communicate effectively (written and verbal)
Willingness to work in a fast-paced environment with multiple, competing priorities
Exceptional analytical, critical thinking, and problem-solving skills with the ability to bring outcomes forward and clearly summarize complex business problems and detailed analyses for senior management
Sense of curiosity and drive to learn and develop in a growing Treasury organization
Familiarity with key bank funding products
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
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
Huntington National Bank
- Huntington National Bank Jobs