Head of Funding

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

📋 Description

• Develop strategic funding initiatives in collaboration with the Head of Funding & Liquidity Risk and the Treasurer.

• Lead the implementation of strategic funding initiatives.

• Execute transactions in debt and equity capital markets, which include long-term debt issuance and preferred equity.

• Oversee the share repurchase program.

• Calculate daily cash flow projections and ensure precision through assumptions, back-testing, and oversight.

• Quantify funding strategies within long-term cash flow projections in partnership with Asset/Liability Management.

• Work alongside line of business partners on new instant payment systems and set up funding and liquidity controls.

• Manage borrowing sources while ensuring sufficient contingent borrowing capacities.

• Optimize collateral in conjunction with Treasury Operations and the Investment Portfolio Team.

• Establish and uphold Key Risk Indicators (KRIs) and early warning signs for funding risk.

• Prepare materials related to funding risk for Executive Management.

• Identify, evaluate, manage, monitor, and report on funding risks.

• Directly supervise and develop the Funding Risk team, including providing performance feedback, career advancement, talent planning, recognition, and rewards.

• Collaborate with Treasury, Finance, Accounting, Operations, Liquidity Risk, and line of business partners.

⛳️ Requirements

• A Bachelor's degree in Finance or Economics is mandatory.

• Typically requires 10 or more years of experience related to Treasury in at least one functional area: Asset/Liability, Funding/Liquidity, or Investment Portfolio.

• Strong analytical, modeling, and database skills and experience are required.

• Experience in projecting both short- and long-term cash flows, along with overseeing and maintaining relevant assumptions.

• Ability to learn and achieve proficiency in analytical and database management tools.

• Experience in leading functional teams and projects is essential.

• Proven capability to independently manage multiple tasks and show initiative.

• Demonstrated excellence in critical thinking, leadership, business acumen, relationship building, and teamwork.

• Exceptional communication and organizational skills.

• Ability to operate both independently and within a team setting.

• Proficiency in Microsoft Office applications, including Word, Excel, Access, and PowerPoint.

🏝️ Benefits

• Comprehensive benefits that support physical, financial, emotional, and social well-being.

• Incentive compensation plan based on company, line of business, and/or individual performance.