Director, Strategic Funding

Job Summary

As part of the Corporate Treasury team, responsible for leadership over strategic funding activities, including managing certain wholesale funding portfolios and partnering with business leaders in support of strategic deposit gathering efforts. Successful execution of the role will require significant collaboration with business partners and other stakeholders to provide strategic analyses and product/pricing recommendations which promote core deposit initiatives.  The role will also manage a number of non-core funding portfolios, which may include brokered deposits and other short-term funding facilities.

Job Duties and Responsibilities

• Maintains and supports an enterprise-wide governance process for the pricing of customer deposits, including providing strategic insights and helping to implement pricing strategies on both standard and exception-priced deposit products.
• Expected to lead the Deposit Pricing Committee, which focuses on supporting the businesses via a well coordinated and effective core deposit effort.
• Responsible for on-going management of the Company's wholesale funding portfolios (e.g., Brokered Deposits, FHLB borrowings, etc.) and cash position, with accountability to the ALCO.
• Expected to support and provide input on certain of the Company’s deposit modeling and liquidity risk processes. Likely to also serve in various capacities for certain liquidity and deposit-related committees.
• Responsible for managing certain external relationships, including those with various wholesale funding partners and deposit analytics vendors, all in support of performing the roles and responsibilities of the position.
• May be tasked within managing a small team of Analyst(s) within the Corporate Treasury function in support of these responsibilities.  That includes coaching and developing team members and helping to foster a work environment where team members are engaged and feel a positive sense of achievement about their role in the company. Works closely with Human Resources regarding employee relations, compensation, training, posting and filling vacant positions and other Human Resources related matters.
• Performs other related duties within Corporate Treasury, as required.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Pinnacle is an equal opportunity employer committed to fostering an inclusive work environment.

Qualifications

Minimum Education:

• Bachelor's Degree in a business-related field OR an equivalent amount of additional experience in related fields.

Minimum Experience:

• 7 years of experience in banking or finance, in roles directly related to customer deposit strategies and managing deposit portfolios. Should include three years experience in managing teams in a similar capacity.

Required Knowledge, Skills, & Abilities:

• Broad knowledge and experience in deposit products, deposit behaviors and pricing, and the implications for financial performance of banks; preferably possess a working knowledge within wholesale funding markets.
• Expertise in a variety of banking concepts, practices and procedures, such as those related to funds transfer pricing, behavioral deposit modeling, and liquidity risk frameworks.
• Skill communicating with executive management to understand deposit, funding, and liquidity requirements and help establish priorities.
• Strong analytical and technical skills, including the ability to effectively manage and communicate financial results, both verbally and through reports.
• Excellent organizational and team management skills, including motivating and directing a team toward common goals while meeting all deadlines.
• Strong written and verbal communications skills, including an ability to influence people to move toward collective organizational goals.
• Skill managing multiple projects concurrently and delegating while maintaining involvement in projects to meet deadlines.
• Strong critical thinking skills, including the ability to identify trends within raw data.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.