Principal - Liquidity Risk Management

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Job Summary

The Principal Treasury (Liquidity) Analyst is part of the Enterprise Treasury team and is responsible for the scoping and execution of all liquidity risk management processes and procedures for the Banks and the enterprise. This role will be responsible for managing liquid assets and contingent liquidity needs, in alignment with regulatory liquidity requirements, through funding plan forecast management, collaboration with the Treasury Markets team to ensure funding execution, routine liquidity stress testing, and other liquidity analysis or backup contingency duties, as required. This role demonstrates a thorough understanding of Treasury Liquidity policies & procedures and is responsible for independently leading appropriate change and initiatives via project management skills & individual leadership. This role is also responsible for helping with the development of treasury analysts.

 

Essential Job Functions

• Assess and analyze liquidity risk for both bank subsidiaries, the parent entity, and the consolidated enterprise. Operate the required liquidity stress testing models to analyze and stress the various cash flow forecasts and plans. Develop and report on various ad-hoc scenarios, sensitivity tests or analyses. - (30%)

• Lead and/or support regulatory exams and ad-hoc regulatory meetings and requests for Liquidity Risk Management function, while appropriately setting expectations with regulators. Drive communication and discussion with various governance committees as well as second and third lines of defense, other key business partners. - (20%)

• Develop, assess, refine, and report liquidity key risk indicators, risk appetite metrics, and other management metrics, including liquidity risk control structures. - (20%)

• Maintain funding and liquidity risk management policies, contingency funding plan policies and liquidity stress testing frameworks, including assumption review, calibration, and model integration. Remain current and assist with interpreting existing regulatory guidance and monitor emerging regulatory guidance relevant to liquidity risk. - (15%)

• Monitor funding positions, develop funding strategies and help integrate into forecast planning cycles. Integrate new products and/or transactions as needed. - (15%)

Minimum Qualifications

• High School Diploma or GED.

• 12+ years of Asset/Liability management, Liquidity Risk Management, Modeling, Banking/Financial Services experience.

Preferred Qualifications

• Bachelor’s Degree in Business Administration, Finance, Economics, Accounting or related field of study.

• 13+ years of Asset/Liability Management, Liquidity Risk Management, Modeling, Banking/Financial Services/Credit Card Experience, Treasury experience, Bank or other Regulatory experience.

Skills

• Liquidity Stress Testing

• Liquidity Management

• Liquidity Risk

• Treasury Risk

• Risk Models

• Regulations

• Enterprise Risk Management (ERM)

• Microsoft Office

Reports To: Director and above

Direct Reports: 0

Work Environment

• Normal office environment. (Remote or Hybrid), 3 to 4 days per month are required in office if within 60 miles of a posted Bread Financial location.

Travel

• Ability to travel up to 5% annually

Physical and Mental Requirements

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship.

• Communicate/Hearing

• Communicate/Talking

• Stationary Position/Seated

• Typing/Writing

• Maintain focus in high pressure or fast-paced work environment

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

Salary Range (unless otherwise noted below):

$133,500.00 - $241,900.00

Full Salary Range for position:

California: $153,500.00 - $302,400.00

Colorado: $133,500.00 - $254,000.00

New York: $146,800.00 - $302,400.00

Washington: $140,100.00 - $278,200.00

Maryland: $140,100.00 - $266,100.00

Washington DC: $153,500.00 - $278,200.00

Illinois: $133,500.00 - $266,100.00

New Jersey: $153,500.00 - $278,200.00

Vermont: $133,500.00 - $241,900.00

Ohio: $133,500.00 - $241,900.00

The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience, and skills.

Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26.  New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period).  Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period.   Hired associates can immediately enroll in Bread Financial’s 401(k) plan.

All associates receive 11 paid holidays. Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off. Associates (except those located in Illinois) receive 80 hours of Paid Sick and Safe Time (“PSST”) upon hire and at the beginning of each subsequent calendar year. Illinois associates receive 40 hours of Illinois PSST upon hire and at the beginning of each subsequent calendar year and 40 hours of Illinois Paid Leave upon hire and at the beginning of each subsequent calendar year. Illinois Paid Leave must be used before associates in Illinois will be approved to take FTO.

Hired associates will be able to elect the purchase company stock during offering periods in June and December. You will be eligible for an annual incentive bonus based on individual and company performance.

Click here for more Benefits information.

About Bread Financial®

• Bread Financial offers competitive pay, a comprehensive selection of benefit options including 401(k).
• The Company is an Equal Opportunity Employer.
• Any applicant offered employment will be required to establish that they are legally authorized to work in the United States for the Company.
• The Company participates in E-Verify.
• The Company will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.  Applicants with criminal histories are encouraged to apply.
• The Company complies with the Americans with Disabilities Act (ADA), as amended, and all applicable state/local laws.  The Company will provide accommodations to applicants needing accommodations to complete the application process. Applicants with disabilities may contact the Company to request and arrange for accommodations.  If you need assistance to accommodate a disability, you may request an accommodation at any time.  Please contact the Recruiting Team at TaOps@breadfinancial.com.

Job Family:

Finance,Accounting and Banking

Job Type:

Regular