Director of Treasury and Deposit Analytics - Baltimore, United States - CFG Bank

CFG Bank
CFG Bank
Verified Company
Baltimore, United States

4 days ago

Mark Lane

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Mark Lane

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Description

COMPANY SUMMARY:


We provide comprehensive commercial, personal, and online banking solutions to businesses in the Mid-Atlantic region and the national healthcare market.

Our culture is characterized by authenticity, entrepreneurship, and compassion. We defy conventional banking norms with a bold and innovative approach, venturing into new territories and executing groundbreaking deals.

Recognized as the Best Place to Work by the Baltimore Business Journal in both 2022 and 2023, our #1 goal is to make people feel that working here was the best decision they have made.

Join us at CFG, where your bold, entrepreneurial, and tenacious spirit will thrive, and together we will achieve success and make a lasting impact.

***: As the Director of Treasury and Deposit Analytics at CFG Bank, you will play a pivotal role in leading the development and implementation of deposit analytics and Treasury modeling initiatives. You will collaborate directly with the Treasury organization's Funding, Liquidity, and Interest Rate Risk functions, Finance, Accounting, Cash Management, Digital Banking, Branch Banking, IT, Strategic Planning, and others to define and lead Enterprise-wide deposit analytics and reporting in addition to other key Treasury modeling initiatives. Your focus will include analyzing key deposit funding sources to assess stability and behavior, cost optimization, and macroeconomic trends to inform and influence senior leaders on deposit pricing, product development, marketing initiatives, to support the Bank?s deposit related initiatives in the Strategic Plan. Additionally, this leader will play a key role in enhancing the Bank?s liquidity stress testing and Liquidity Risk Management framework, from a deposit behavior perspective.


ESSENTIAL DUTIES AND RESPONSIBILITIES:


  • Develop and implement deposit risk analytics and modeling initiatives, collaborating with internal stakeholders across Finance, Strategy, Marketing, and Product teams.
  • Lead analytics, insights, and reporting across deposit portfolios, covering key deposit funding, cost of funds, and macroeconomic trends.
  • Define and lead Enterprisewide deposit analytics and reporting.
  • Collaborate with key business partners, fostering meaningful insights across all Treasury verticals
  • Build new analytical capabilities within Treasury and enhance the governance of deposit pricing decisions.
  • Utilize demonstrated agility in working with data to develop analytics and extract key insights.
  • Communicate effectively, employing data storytelling to influence both the team and business partners.
  • Collaborate with Finance teams to appropriately model deposit balance forecasts.
  • Work with Marketing and product teams to analyze internal and competitor performance, including new accounts acquired, net deposit flows, depositor behaviors, peer dynamics, and macroeconomic trends.
  • Coordinate with Treasury to understand funding strategy, interest rate outlook, funds transfer pricing, and liquidity requirements.
  • Engage with Treasury team to develop an appropriate allocation methodology for deposit portfolios.

QUALIFICATIONS AND REQUIREMENTS:


  • Bachelor's degree in Finance, Accounting, Economics, or a related field. Master's degree preferred.
  • A minimum of 7 years of experience in deposit risk analytics or a related field.
  • Proficiency in utilizing data visualization and analysis tools (e.g., Tableau, Power BI) is a plus.
  • Strong analytical skills with the ability to interpret complex data sets.
  • Excellent communication and presentation skills.
  • Demonstrated ability to collaborate with stakeholders and align risk management processes with organizational goals.
  • Uptodate knowledge of industry best practices and trends in deposit risk analytics.
  • Solid understanding of financial regulations, compliance standards, and risk management principles.
  • Exceptional communication and presentation skills, with the ability to convey complex financial information to both financial and nonfinancial stakeholders.

WORK ENVIRONMENT:

After 90-day period, the ability of a Hybrid Schedule 3-days in office/2-days remote is offered to employees
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