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Overview:
At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences, and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.
Customers Bank is looking to add a senior member to our Accounting and Finance team. We are adding a new position focused on overseeing the treasury functions for the Bank. The SVP: Deputy Treasurer will report directly to our Treasurer and will participate in guiding a team responsible for interest rate risk, liquidity risk, and AFS securities portfolio investments. As a Senior leader, you will be responsible for delivering transparency to senior management of risk exposure and return characteristics of financial resources deployed by CUBI to support its franchise. The role encompasses facilitating decisions related to our treasury team, hiring/training/mentoring staff members, attending all meetings related to the treasury and finance function, and collaborating with internal partners and clients to implement risk monitoring and measurement tools as well as to create organizational efficiencies.
This position will be joining a dynamic and collaborative team. The ideal candidate will have experience working in a high growth Bank with over 10 billion dollars in assets. Although this is a leadership role, this person will be hands on in all aspects, responsible for partnering with the treasurer to manage the day to day functions of the treasury department.
Responsibilities:
Partner with the Treasurer to effectively manage optimization of the Bank’s liquidity position, including how much liquidity buffer is appropriate, as well as how the liquidity should be deployed
Partner with the Treasurer to effectively manage the AFS securities investment portfolio, implementing quantitative models to support making purchase and sale recommendations to ALCO as needed based on market conditions and strategic priorities
Partner with the Treasurer to effectively manage interest rate risk so that the Bank remains relatively neutral to changes in market interest rates
Collaborate with quantitative groups to develop and update operational deposit models and other predictive/behavioral models for measuring, managing, and forecasting liquidity and interest rate risk exposure
Contribute to management of regulatory relationships, internal constituents, and presenting at senior management and Board committees
Provide product sales support to private banker teams to assist in generating new banking depository and treasury management business from prospective private bank clients
Directly interface with the Treasurer, CFO, CEO, and other senior leaders to provide regular insight and updates on status of Treasury-related activities, including interest rate risk, liquidity risk and the AFS investment portfolio as well as overall market conditions
Full Engagement & Execution on all Strategic Business Development Initiatives
Contribute to developing Liquidity and Capital stress testing and planning across all products, including development of stress scenarios, methodologies, collaborating with corporate planning and achieving business unit buy-in, and working with internal governance bodies and technology teams to deploy models and enhance policies and procedures
Intraday liquidity management, including monitoring intraday liquidity risk
Create and maintain solid working relationships with other team members across the Bank
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the Bank’s reputation and safeguarding Customers Bank, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Assist in preparation of materials as part of the annual external audits, rating agency reviews and regulatory exams.
Assist in the completion of various ad hoc analyses/projects.
Qualifications:
15
years of experience of progressive financial experience with 10
years in a treasury and liquidity function
Experience with cash management, banking and client interfacing experience
Strong knowledge of Treasury Management products, banking & the client sales cycle
Bachelor’s degree required; Master’s degree preferred
Strong leader and manager with experience managing large, national teams
Deep content expertise across liquidity concepts, including market related businesses
Prior interactions and demonstrated strength of credibility with regulators
High degree of professionalism
Builds robust working relationships with clients and internal colleagues
Strong written, listening & verbal communication skills
Excellent consultative selling & negotiation ability
Attention to detail and consistent follow-up skills
Certified Treasury Professional (CTP) designation or willingness to pursue within 1-2 years of hire
Proficiency in MS Office.
Working knowledge of Generally Accepted Accounting Principles.
Strong analytical skills.
Knowledge of bank accounting and general banking operations preferred.
Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.
VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans.Estimated Salary: $20 to $28 per hour based on qualifications.
At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences, and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.
Customers Bank is looking to add a senior member to our Accounting and Finance team. We are adding a new position focused on overseeing the treasury functions for the Bank. The SVP: Deputy Treasurer will report directly to our Treasurer and will participate in guiding a team responsible for interest rate risk, liquidity risk, and AFS securities portfolio investments. As a Senior leader, you will be responsible for delivering transparency to senior management of risk exposure and return characteristics of financial resources deployed by CUBI to support its franchise. The role encompasses facilitating decisions related to our treasury team, hiring/training/mentoring staff members, attending all meetings related to the treasury and finance function, and collaborating with internal partners and clients to implement risk monitoring and measurement tools as well as to create organizational efficiencies.
This position will be joining a dynamic and collaborative team. The ideal candidate will have experience working in a high growth Bank with over 10 billion dollars in assets. Although this is a leadership role, this person will be hands on in all aspects, responsible for partnering with the treasurer to manage the day to day functions of the treasury department.
Responsibilities:
Partner with the Treasurer to effectively manage optimization of the Bank’s liquidity position, including how much liquidity buffer is appropriate, as well as how the liquidity should be deployed
Partner with the Treasurer to effectively manage the AFS securities investment portfolio, implementing quantitative models to support making purchase and sale recommendations to ALCO as needed based on market conditions and strategic priorities
Partner with the Treasurer to effectively manage interest rate risk so that the Bank remains relatively neutral to changes in market interest rates
Collaborate with quantitative groups to develop and update operational deposit models and other predictive/behavioral models for measuring, managing, and forecasting liquidity and interest rate risk exposure
Contribute to management of regulatory relationships, internal constituents, and presenting at senior management and Board committees
Provide product sales support to private banker teams to assist in generating new banking depository and treasury management business from prospective private bank clients
Directly interface with the Treasurer, CFO, CEO, and other senior leaders to provide regular insight and updates on status of Treasury-related activities, including interest rate risk, liquidity risk and the AFS investment portfolio as well as overall market conditions
Full Engagement & Execution on all Strategic Business Development Initiatives
Contribute to developing Liquidity and Capital stress testing and planning across all products, including development of stress scenarios, methodologies, collaborating with corporate planning and achieving business unit buy-in, and working with internal governance bodies and technology teams to deploy models and enhance policies and procedures
Intraday liquidity management, including monitoring intraday liquidity risk
Create and maintain solid working relationships with other team members across the Bank
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the Bank’s reputation and safeguarding Customers Bank, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Assist in preparation of materials as part of the annual external audits, rating agency reviews and regulatory exams.
Assist in the completion of various ad hoc analyses/projects.
Qualifications:
15
years of experience of progressive financial experience with 10
years in a treasury and liquidity function
Experience with cash management, banking and client interfacing experience
Strong knowledge of Treasury Management products, banking & the client sales cycle
Bachelor’s degree required; Master’s degree preferred
Strong leader and manager with experience managing large, national teams
Deep content expertise across liquidity concepts, including market related businesses
Prior interactions and demonstrated strength of credibility with regulators
High degree of professionalism
Builds robust working relationships with clients and internal colleagues
Strong written, listening & verbal communication skills
Excellent consultative selling & negotiation ability
Attention to detail and consistent follow-up skills
Certified Treasury Professional (CTP) designation or willingness to pursue within 1-2 years of hire
Proficiency in MS Office.
Working knowledge of Generally Accepted Accounting Principles.
Strong analytical skills.
Knowledge of bank accounting and general banking operations preferred.
Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.
VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans.Estimated Salary: $20 to $28 per hour based on qualifications.
