Supports Corporate Treasury department in the governance of company-wide interest rate risk, capital, pricing, and liquidity. Requires strong analytical and communication skills.
Duties & Responsibilities:
Funding Desk and Deposit Pricing:
Provide market-level and line of business (LOB) support for deposit pricing through the Corporate Treasury Funding Desk, including taking calls from market leaders and relationship managers to evaluate pricing relative to the overall liquidity position, competitive environment, funds transfer pricing, and risk-adjusted relationship profitability
Develop understanding of the company's liquidity position in order to align and communicate deposit pricing strategies that ensure the company has sufficient funding and appropriate funding mix to meet business needs
Assist with the development and implementation of pricing strategies, procedures, and reporting working closely with the markets, LOB, and support partners across the company
Coordinate periodic reviews of the exception pricing authority guidelines and reporting for deposits
Collect, analyze, and monitor market and third-party competitor data in order to develop product and line of business pricing analytics and recommend strategies to management
Develop relationships with line of business and product leaders to ensure sound understanding of business strategies and balance sheet goals
Management Committees:
Participate in Bank Loan and Deposit Pricing Working Group (BLDP), a working group of ALCO
Produce reporting that clearly articulates pricing strategies, market trends, and execution of strategies relative to pricing guidelines and profitability hurdles
Assist with consolidating reporting structures in connection with the recent closing of our merger of equals with IBERIABANK Corporation
Asset Liability Committee (ALCO)
Assist with reporting on a monthly basis, including summarizing Funding Desk and BLDP reporting for executive management
Other Responsibilities:
Support company-wide capital management including stress testing, capital forecasting, debt/capital issuances, and the production of investor presentations
Produce ad-hoc analysis regarding industry trends, financial performance, and profitability analyses on the company's balance sheet
Provide on-going support to commercial relationship managers and treasury management sales officers via assisting in the risk-adjusted pricing of commercial loans and deposits
Assist in acquisition analysis and merger integration projects
Requirements:
Bachelor's Degree; MBA or CFA preferred
Knowledge of banking industry with 3-5 years of financial analysis experience
Understanding of profitability and pricing concepts such as Risk-adjusted Return on Capital (RAROC) and Funds Transfer Pricing (FTP) preferred
Ability to communicate clearly and concisely, both orally and in writing
Must be open to feedback and new ideas
Skill with generating financial reports and presentations; ability to balance multiple priorities and meet deadlines
Must be proactive, deadline oriented, analytical, have strong work ethic
Proficient with Microsoft Office; experience with VBA or SQL benefit
#LI-PF
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)