VP & Liquidity and Funding Manager - Profitability - Wheeling, WV

WesBanco Bank Inc.; Ann Arbor (MI); Remote; USD 90,000 - 150,000; Full time

Job summary

Join a forward-thinking financial institution as a VP & Liquidity and Funding Manager, where you'll play a crucial role in overseeing liquidity activities and policies. This remote position offers the opportunity to collaborate with management and various teams, ensuring compliance with regulatory standards while optimizing liquidity strategies. You'll lead a dedicated team, contribute to strategic initiatives, and engage with external providers, all while utilizing your extensive experience in ALM and Treasury. If you're ready to make a significant impact in a dynamic banking environment, this role is perfect for you.

Qualifications

• 7+ years in ALM, Treasury, Liquidity, and Funding in banking.
• 2+ years of supervisory or management experience preferred.

Responsibilities

• Oversee the bank's liquidity activities and team.
• Develop and maintain liquidity and funding policies.
• Lead liquidity stress testing and analyze daily positions.

Skills

Asset Liability Management (ALM)

Liquidity Management

Financial Analysis

Advanced MS Excel

SQL

Regulatory Compliance

Data Visualization

Stakeholder Engagement

Education

Bachelor's degree in Finance

Bachelor's degree in Economics

Bachelor's degree in Accounting

Tools

FIS BancWare

Job description

VP & Liquidity and Funding Manager - Profitability

Location: Multiple Locations, including Wheeling, Ohio, and other US locations. This position is 100% remote within the Bank's footprint, with occasional in-person meetings.

Market: Wheeling

Work Hours per Week: 37.5

Requirements

• Bachelor's degree in finance, economics, accounting, or a quantitative discipline.
• At least 7 years of experience in ALM, Treasury, Liquidity, and Funding in a bank.
• Preferably 2+ years of supervisory or management experience.

Job Description

Summary: The Liquidity and Funding Manager oversees the bank's liquidity activities and team, analyzing key financial metrics, and collaborating with management and various teams to support strategies and initiatives.

Essential Duties and Responsibilities

1. Develop, implement, and maintain liquidity and funding policies, standards, and contingency plans.
2. Document business processes, risk management procedures, and governance frameworks.
3. Measure and report liquidity metrics for ALCO, the Board, and regulators.
4. Lead liquidity stress testing, scenario design, and response documentation.
5. Analyze daily liquidity positions and provide insights for risk management.
6. Contribute to wholesale funding strategy and diversify funding sources.
7. Manage collateral use, oversee funding programs, and engage with external providers.
8. Ensure compliance with evolving regulatory standards like LCR and NSFR.
9. Respond to regulatory requests and collaborate with stakeholders to optimize liquidity.
10. Assist in preparing ALCO reports and interest rate risk documentation.

Supervisory Responsibilities

Conduct hiring, training, performance assessments, and discipline in accordance with policies and laws.

Technical Skills

• Advanced MS Excel skills and working knowledge of SQL.
• Knowledge of asset liability management software such as FIS BancWare is preferred.
• Strong analytical skills with data visualization capabilities.

Other Skills and Abilities

• Excellent communication and stakeholder engagement skills.
• Experience with regulatory interactions and presenting to senior management.
• Familiarity with balance sheet management and interest rate impacts.