Manager, Treasury ALM
Cross River
Who We Are
Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion.
We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.
What We're Looking For
Cross River is a venture-backed company reinventing banking to power the financial services of the future. Cross River is a leader in the Marketplace Lending and Payment arenas, providing cutting edge solutions to some of the largest and most innovative technology companies in the world. Our Treasury team is currently looking for a Manager to join us in our fast paced, entrepreneurial environment. The role will support the Asset & Liability Management (ALM) and Funds Transfer Pricing (FTP) teams, with a willingness to learn other areas of Treasury.
The successful candidate will be innovative, a self-starter, and enthusiastic about the evolving worlds of finance and technology. The individual must demonstrate the ability to distill complex concepts into clear action plans while demonstrating a focus on developing logical approaches to problem solving. A clear grasp of key treasury functions is critical, specifically ALM and FTP.
Responsibilities:
- Support key Treasury initiatives, potentially including:
- Input into designing and managing ALM framework
- Designing the approach and policy around the firm’s FTP processes
- ALCO material design and production
- Execution and managing of Interest Rate and FX hedging program
- Implementation of deal level RoE metrics and FTP framework
- Collaboration with business lines on key treasury initiatives
- Partner effectively across the Treasury Department and various areas of Finance and Business Units, utilizing strong financial and analytical skills, as well as thorough understanding of capital planning, funding strategies and key balance sheet metrics
- Foster relationships with partners with business and finance departments to resolve funding questions, provide strategic guidance and communicate capital and funding usage
Skills and Qualifications:
- 3-6+ years of one or more of ALM, FTP or Treasury experience
- Experience within Treasury at a regulated banking institution preferred
- Experience with Microsoft Office Suite
- Technologically proficient
- Effective in data gathering/synthesis, able to work in an unstructured environment, effective communication skills and able to build partnerships internally and externally
- An outlier attitude: passion, perseverance, and positivity
Equal Employment Opportunity:
Cross River Bank provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, national origin, age, disability, disability, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state, and local laws.
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Salary Range: $120,000.00 - $140,000.00
Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.