Commercial & Investment Bank Treasury - Capital Management - Executive Director (London)

Join our Commercial & Investment Bank Treasury team to help manage the firm’s capital in an ever-shifting market environment—evaluating business profitability under existing and new regulations, and supporting the strategic planning process. This is an exciting opportunity to work in a dynamic and strategic role within the Commercial & Investment Bank Treasury (CIBT) group, where you will play a key part in optimizing performance and shaping the future of the organization.

As a Treasury - Capital Management in the Commercial & Investment Bank Treasury team, you will focus on capital management and support the development and execution of related strategies to influence, optimize, measure, and report on business performance. You will have exposure across the firm’s treasury teams and work with partners who manage the businesses’ balance sheet, funding, and liquidity strategies. You will collaborate with various stakeholders across the firm to drive business results while adhering to regulatory constraints and internal controls.

Job responsibilities

• Focus on capital allocation frameworks and methodology for CIB including the following:
• Drive consistency in financial resource allocations and business incentives across the firm, product segment, regional, and client levels—considering the interaction of regulatory and economic risk constraints at various levels.
• Lead the development, implementation, and ongoing monitoring of CIB capital framework—including aggregation of data for pro forma analyses, preparation of materials for Lines of Business (LOB) syndication related to new initiatives, and real-time review of new business/trade opportunities.
• Lead routine and ad-hoc reviews of business-level returns on capital-consuming activities – as measured through Return of Equity (ROE) and returns on other individual resource constraints (e.g., GSIB, liquidity, etc).
• Develop understanding of future regulatory rule changes (e.g., Basel 3 Endgame globally, capital reform advocacy in the US, Federal Reserve stress testing regime and related effects on firmwide capitalization decisions, etc)—understand the potential impacts on CIB, evaluate mitigation strategies, and serve as a subject matter expert for reporting inquiries (quarterly earnings prep, Investor Day, executive reviews, etc).
• Partner with internal stakeholders (Planning & Analysis, Lines of Business, Finance, Risk, and Technology) to support and improve business tools—providing real-time insight on total client value and business returns, and socializing impacts on performance measurement to end users and senior leadership.
• Develop partnerships with key stakeholders and increase foundational knowledge of CIB businesses and operating environment as responsibilities progressively increase.
• Oversee operational forecasting and budgeting tasks for certain CIB financial elements on a monthly and quarterly basis, including collection of stakeholder inputs, processing, management reporting, and routine variance analytics for items within scope of expertise (e.g., common and preferred equity allocations, associated funds transfer pricing and dividends, etc).

Required qualifications, capabilities, and skills

• Minimum of 8 years of work experience in Financial Services.
• Experience with financial resource management in a bank treasury environment, supporting different CIB products (banking and markets).
• Strong fundamental understanding of bank profitability, key drivers of risk and return, and the impact of external trends or industry regulation.
• Proficient in Microsoft applications, specifically Excel and PowerPoint.
• Demonstrated ability to quickly understand complex subject matter.

Preferred qualifications, capabilities, and skills

• Knowledge of implementations of Basel regulatory capital rules a plus (e.g., risk-weighted assets, Global Systemically Important Bank surcharge, Stress Capital Buffer, Comprehensive Capital Analysis & Review, leverage requirements, etc).
• Thrives on challenges in a fluid working environment.
• Actively listens/assimilates broad-ranging information quickly, executes tasks, meets targets, and adapts to change.
• Strong interpersonal skills to be able to work closely across different stakeholders.