Treasury Manager

Company: Fifth Third Bank
Location: Cincinnati
Posted on: October 23, 2024

Job Description:

Make banking a Fifth Third better

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.GENERAL FUNCTION: Leads the development of highly complex analysis in support of Treasury department activities, manages function-specific activities, and assists in the development and execution of the function's strategic plans. Adapts departmental plans and priorities to address resource and operational challenges. Accountable for the performance and results of Treasury team within own discipline or function. Responsible for providing technical guidance to employees, colleagues and/or customers. Typically aligned to one of the following departmental functions: Asset/Liability, Funding/Liquidity, Investment Portfolio, or Structured Finance.Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Leads the development of high-level analysis related to balance sheet, NII and risk management.
• Employs the use of ALM, QRM and other models to create a comprehensive assessment of the Bancorp's risk / return profile.
• Provides insight into the Bank's balance sheet and earnings profiles; Contributes ideas to achieve optimal balance of risk and return.
• Responsible for reporting, strategic planning and monitoring of an optimal debt portfolio.
• Provides advice to management throughout the bank regarding FTP modeling, loan pricing and deposit pricing.
• Assists in developing and executing strategies associated for wholesale funding function.
• Responsible for providing high-level analytical support.
• Manages day-to-day trading activity of the investment portfolio.
• Assists in developing strategy for the portfolio.
• Assists with MSR hedging activity.
• Assists with the development of the MSR risk/return strategies.
• Assists in managing the purchase and sale of securities for the Bancorp.
• Assists in management of the BOLI portfolio.
• Assists in developing and executing structured finance related strategies and transactions, including securitizations and other financing transactions.
• Assists investment portfolio management strategies in investment decisions based on market knowledge and structural knowledge based on involvement in bank's own transactions, specifically in areas of asset expertise.
• Assists in any asset disposition transactions.
• Assists in setting balance sheet strategies.
• Assists in the development and application of the bank's FTP methodology.
• Works with the Asset/Liability group to setup valuation methodologies for the bank's assets and liabilities.SUPERVISORY RESPONSIBILITIES:Leads functional teams or projects. Responsible for managing day-to-day workflow of a small team or work group. Responsible for providing employees timely, candid and constructive performance feedback. Developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth. Developing the appropriate talent pool to ensure adequate bench strength and succession planning. Recognizing and rewarding employees for accomplishments.MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
  • Bachelor's degree in Finance or Economics required. Advanced degree or CFA preferred.
  • Typically requires 7 - 10 years or more of Treasury-related experience in at least one functional area: Asset/Liability, Funding/Liquidity, Investment Portfolio, or Structured Finance.
  • For those aligned to the Asset / Liability function, experience with Asset / Liability management, risk management, investment analysis, or forecasting & planning required.
  • For those aligned to the Funding / Liquidity function, experience with institutional money, capital, and derivative markets products required.
  • For those aligned to the Investment Portfolio function, experience with fixed income portfolio management and analysis with emphasis on mortgage backed securities required.
  • For those aligned to the Structured Finance function, experience in Asset / Liability management, securitization, investment analysis, or risk management required.
  • Financial services / banking industry experience preferred.
  • Strong analytical, modeling, and database skills and experience required. Experience with ALM modeling software required (QRM preferred) for those aligned to Asset/Liability function.
  • Knowledge of Treasury & Funds Management, money markets, fixed income/capital markets, and derivatives.
  • Demonstrated ability to learn and become proficient with computer software, analytical and data base management tools.
  • Experience leading a functional team, project or staff preferred.
  • Proven ability to independently manage multiple assignments and demonstrated initiative.
  • Demonstrated proficiency in critical thinking, leadership, business acumen, relationship building and teamwork.
  • Excellent communication and organizational skills.
  • Ability to work independently, as well as in a team environment.
  • Proficiency with Microsoft Office software, including Word, Excel, Access, PowerPoint, etc.#LI-BP1Treasury ManagerLOCATION -- Cincinnati, Ohio 45202Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Keywords: Fifth Third Bank, Hamilton , Treasury Manager, Executive , Cincinnati, Ohio