Full-Time

Head of Liquidity Management

Posted on 3/24/2024

Cross River Bank

Cross River Bank

501-1,000 employees

API-driven banking and payment solutions

Data & Analytics
Financial Services

Compensation Overview

$225,000 - $275,000Annually

Senior, Expert

Edgewater, NJ, USA

Required Skills
Communications
Management
Requirements
  • 10 years+ of experience in Liquidity Risk and Corporate Treasury
  • Master’s degree in accounting, business, management, or finance
  • Strong leadership qualities
  • Innovator
  • CPA preferred
  • Technology proficient
  • Effective in data gathering, able to work in an unstructured environment, effective communication skills and able to build partnerships internally and externally
  • Thrive in multi-tasking across many simultaneous initiatives
Responsibilities
  • Optimization of the Bank's liquidity and funding profile
  • Chair CRB’s Funding and Liquidity Working Group to assess and economically execute current and forecasted funding needs
  • Lead key stakeholders in analyzing and navigating the current and evolving liquidity landscape
  • Report CRB’s liquidity position and activities to senior management, ALCO, and Board of Directors
  • Direct, develop, and evolve the Bank’s Liquidity stress testing program
  • Interact with business lines and retail network on CRB’s funding and liquidity profile, requirements, and opportunities
  • Governance of Liquidity Risk, including Liquidity Policy and Contingency Funding Plan documentation, limit structure and interaction with Enterprise Risk Management and Internal Audit
  • Communicate with the Bank’s regulators and rating agencies as needed
  • Advise on assumptions related to CRB’s ALM process to help accurately forecast sensitivity to NII and EVE in varying interest rate environments
  • Maintain advanced industry knowledge of technology solutions for liquidity risk management information and reporting
  • Evaluate contingent funding sources and opportunities

Cross River offers API-driven banking infrastructure for customizable card programs, credit and debit cards, accounts issuing, and efficient payment processor solutions, leveraging a proprietary real-time banking core to deliver innovative and scalable embedded payments, cards, and lending solutions to consumers and businesses.

Company Stage

Series D

Total Funding

$987M

Headquarters

Fort Lee, New Jersey

Founded

2008

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

19%

Benefits

Generous parental & leave policies

Completely subsidized health, dental, & vision insurance

Complimentary dry cleaning

On-site haircuts

Endless snacks

Company events

INACTIVE