Funding & Liquidity Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Implement the Bank's wholesale funding strategy through Federal Home Loan Bank advances, brokered and reciprocal deposits, listing service deposits, federal funds purchased, and various other wholesale instruments.

• Oversee pledged collateral and borrowing capacity at the Federal Home Loan Bank and the Federal Reserve Discount Window.

• Conduct eligibility assessments, pledging, substitutions, borrowing evaluations, and readiness activities under both normal and stressed conditions.

• Track daily, weekly, and monthly liquidity reports, including survival horizon, available liquidity, unencumbered liquid assets, funding concentrations, maturity profiles, deposit composition, collateral utilization, and early warning indicators.

• Develop baseline and stressed liquidity forecasts.

• Evaluate deposit and funding behaviors, quantify contingent funding requirements, and propose actions to mitigate emerging liquidity risks.

• Maintain the Contingency Funding Plan, funding playbooks, operational procedures, counterparty contacts, and borrowing documentation.

• Organize periodic contingency funding exercises.

• Generate liquidity reports for the Asset and Liability Committee, executive management, the Board, Internal Audit, and regulators.

• Assist with policy administration, examinations, audits, and enhancements to Treasury reporting.

• Collaborate with Finance, Risk, Lending, Deposit Products, Operations, Accounting, and Regulatory Reporting teams.

⛳️ Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field, or equivalent practical experience.

• At least 10 years of experience in bank treasury funding, asset and liability management, or liquidity risk management.

• Experience working in a commercial bank, community bank, or bank holding company.

• Proven experience in executing wholesale funding transactions and managing secured borrowing facilities.

• Experience in producing liquidity reports, forecasts, or stress-testing analyses to ensure compliance with liquidity limits and regulatory standards.

• Preferred: experience in supporting liquidity stress testing, contingency funding planning, and reporting to an Asset and Liability Committee or Board.

• Preferred: knowledge of bank regulatory reporting and liquidity guidelines, including Call Report requirements.

• Preferred: advanced skills in spreadsheets and financial modeling.

• Preferred: familiarity with Bloomberg and asset and liability management platforms such as Empyrean, QRM, Bancware, or similar tools.

🏝️ Benefits

• Competitive compensation package, including base salary, bonus opportunities, and annual equity grants that vest quarterly.

• Retirement benefits featuring a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually.

• Employee Stock Purchase Plan (ESPP) offering discounted stock purchase options for eligible employees (US only).

• Comprehensive health insurance coverage, including medical, dental, vision, and wellness resources for US employees, along with supplemental health coverage for Canada.

• Health Savings Account contributions from Upstart for eligible plans (US only).

• Life insurance and disability coverage.

• Paid time off, sick leave, and company holidays.

• Paid family and parental leave.

• Family-centered benefits for fertility, parenthood, and caregiving.

• Employee Assistance Program (EAP) providing mental health support and life-centered resources.

• Financial planning tools and concierge service (US only).

• Annual wellness allowance.

• Annual productivity allowance for relevant tools and resources.

• Team events, all-company updates, and employee resource groups (ERGs).

• Onsite perks, including catered lunches and fully stocked micro-kitchens when working from company offices.

• Flexibility for remote work.

• Regular team onsite gatherings for in-person collaboration.