Job Description:Role Summary:We are seeking a highly skilled and experienced Liquidity manager for our Treasury team. The ideal candidate will have a deep understanding of liquidity management principles and practices, as well as a strong background in regulatory compliance within the banking sector. This role will lead the Liquidity Management activities for Synchrony Financial and Synchrony Bank. Specific areas of focus include, but are not limited to, managing the liquidity risk management framework, execute thorough firm-wide liquidity monitoring, forecasting, reporting, policy setting and risk management.We're proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events. Essential Responsibilities:
Develop and execute comprehensive liquidity strategies to ensure the bank maintains adequate liquidity buffers
Monitor Synchrony's liquidity positions and market conditions, to identify potential risks and opportunities.
Maintain and ensure adherence to Synchrony's Liquidity Policy
Ensure compliance with all relevant liquidity regulations and coordinate with regulatory agencies as necessary.
Conduct stress testing and scenario analysis to assess resiliency to liquidity stress events
Create and monitor liquidity early warning indicators
Manage and test contingency plans to mitigate potential liquidity risks.
Collaborate with internal stakeholders, including treasury, risk management, finance/capital planning, and business platforms, to align liquidity management strategies with overall business objectives.
Prepare regular reports and documentation on liquidity positions, trends, and risk reporting for ALCO, Capital Planning, the Board of Directors, regulatory agencies, and other internal stakeholders.
Support SEC and Regulatory Reporting requirements e.g. 2052a filing.
Assist with implementation of key Treasury strategic initiatives
Perform other duties and/or special projects as assigned
Qualifications/Requirements:
Bachelor's degree ; or in lieu of degree, 12 years equivalent experience.
Minimum 3 years of experience in liquidity management within a bank or 8 years' experience at a bank, with a strong understanding of US banking regulations
In-depth knowledge of liquidity risk measurement techniques, stress testing methodologies, and regulatory requirements.
Desired Characteristics:
Bachelor's degree in finance, economics, or a related field; advanced degree preferred
Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and market information.
Proven leadership experience, with the ability to drive initiatives and lead teams in a fast-paced and dynamic environment.
Confidence / Assertiveness: good influencing skills across business functions; confidence to approach business personnel with recommended changes and defend position
Adaptable/flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations. Inquisitive nature and good listening skills
Clear thinking / problem solving: successfully work in cross-functional projects/process improvement within the treasury function
Ability to create and deliver business presentations and communicate effectively
Good communication skills: Strong communication (verbal and written) and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and communicate complex concepts to senior management and regulatory agencies.
Experience working in financial business environment with a sound understanding of process and transactional flows
Proficiency with MS Office (Excel, Access and PowerPoint)
Grade/Level: 13The salary range for this position is 130,000.00 - 210,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.Salaries are adjusted according to market in CA, NY Metro and Seattle.Eligibility Requirements:
You must be 18 years or older
You must have a high school diploma or equivalent
You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Our Commitment:When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ (https://www.synchronycareers.com/our-culture/#diversity) , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.Reasonable Accommodation Notice:
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time
Job Family Group:Finance