Manager, Treasury Risk

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

📋 Description

• Conduct daily second-line Treasury risk monitoring tasks — overseeing and reporting on essential risk indicators, risk limit usage, and exposures related to liquidity and funding risk, interest rate risk (IRR), price risk, and capital management, while escalating any breaches or emerging issues to the Director of Treasury Risk.

• Facilitate independent reviews and provide credible challenges to first-line Bank Treasury operations, which include cash flow management, ALM analysis, balance sheet positioning, investment portfolio management, and the design and results of stress testing — creating written analysis and challenge documentation to support the Director's second line of defense (2LOD) positions.

• Develop and maintain ALCO and board risk committee reporting materials, integrating Treasury risk monitoring data and 2LOD findings into concise and accurate reports for senior management, the Chief Risk Officer (CRO), and the board risk oversight committee.

• Revise and update Treasury risk policies, procedures, and program documentation in accordance with OCC, FDIC, and interagency regulations concerning interest rate risk, liquidity and funding risk, and capital management — ensuring that documentation remains up-to-date as the program evolves and the bank's risk profile changes.

• Assist in reviewing stress testing scenario design, assumptions, and results — pinpointing gaps or inconsistencies between first line of defense (1LOD) assumptions and the bank's real risk profile, and producing structured written analysis to guide the Director's challenge stance.

• Organize regulatory exam preparations and respond to requests from OCC examiners and internal audits related to Treasury risk, ALM, and liquidity and funding oversight; collaborate with other 2LOD risk sectors to ensure that Treasury risk considerations are incorporated into enterprise risk reporting and cross-functional risk evaluations.

⛳️ Requirements

• A bachelor's degree or equivalent practical experience in finance, economics, mathematics, or a relevant quantitative discipline.

• Over 5 years of experience in Treasury risk management, asset-liability management, liquidity and funding risk, or a similar financial risk function within a banking or financial services context.

• Familiarity with OCC, FDIC, FRB, and interagency guidance on interest rate risk, liquidity and funding risk, and capital management, including pertinent stress testing frameworks.

• Proficient experience in risk reporting, limit monitoring, stress testing analysis, or ALCO support within a banking or regulated financial institution.

🏝️ Benefits

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

• Retirement benefits to assist you in planning for the future, encompassing a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada).

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

• Comprehensive health coverage aimed at supporting you and your family, including medical, dental, vision, and wellness resources for the US, along with supplemental health coverage for Canada.

• Contributions to Health Savings Accounts from Upstart for eligible plans (US only).

• Income protection benefits, which include life insurance and disability coverage for additional financial security.

• Paid time off, sick leave, and company holidays, compliant with local regulations.

• Paid family and parental leave to assist with caregiving and significant life events (duration varies by country).

• Family-oriented benefits to support fertility, parenthood, and caregiving needs.

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

• Financial wellness resources, including access to financial planning tools and a financial concierge service (US only).

• Annual wellness allowance to promote your physical and emotional well-being and personal growth, tailored to your priorities.

• Annual productivity allowance to invest in necessary tools and resources for optimal performance, regardless of your work location.

• Opportunities for connection and community through team events, company-wide updates, and employee resource groups (ERGs).

• Onsite perks, such as catered lunches and fully stocked micro-kitchens for those working from our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!).