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Discover. A more rewarding way to work.
At Discover Financial Services, you'll find yourself in the company of some of the
industry's smartest and most reliable professionals. And at a company that rewards
dedication, values innovation and supports growth.
Thrive in an environment that promotes teamwork and shared success. Build on a foundation
of mutual respect. Join the company that understands rewarding careers like no other,
with this exceptional opportunity:
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Requisition Number
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14015 |
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Job Title
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Treasury Senior Manager - Liquidity Risk Management, Job ID# 14015 |
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Job Type
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Full Time |
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Post date
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6/15/2009 12:00:00 AM |
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Maximum Salary
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0 |
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Minimum Salary
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0 |
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Shift Description
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Job Description
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Job Description
Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. The company operates the Discover card and offers personal and student loans, online savings products, certificates of deposit and money market accounts through its Discover Bank subsidiary. Its payment businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nations leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories.
Corporate Treasury Department manages the company’s financial resources with respect to asset-liability management, short-term and long-term funding, capital structure, liquidity and cash needs, capital market transactions; and maintains rating agency and creditor relations. We are seeking a highly motivated individual to lead the liquidity management team.
Basic Function:
• Reports to Treasury Director – Capital & Liquidity Risk Management
• Oversee the liquidity risk management framework
• Manage one Consultant/Manager
Responsibilities:
• Direct liquidity planning, monitoring, and reporting
• Develop size and composition of liquidity reserve in partnership with ALM and Cash Management teams
• Forecast Parent and legal entity cash flows
• Evaluate and monitor liquidity risks through stress testing and scenario planning
• Develop contingency funding plans to address liquidity needs
• Develop metrics for liquidity risk measurement and reporting
• Collaborate with Corporate Risk Office on liquidity risk governance
• Provide liquidity updates to senior management and business partners
• Contribute to Asset Liability Committee, Regulatory and Rating agency meetings
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Qualifications
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Skills
You must have:
• Master’s degree in Business Administration, Finance, or related disciplines
• 5-7(+) years of Treasury experience from a bank, financial services or a consulting firm, in: liquidity planning and management, liquidity forecasting, asset liability/funding management
• Strong knowledge of regulatory standards specifically around Basel, Federal Reserve, and FDIC requirements
• Treasury staff management experience
• Strong analytical and quantitative acumen
• Excellent communication, presentation, and organizational skills
• Proficiency with Excel, PowerPoint, and Bloomberg
• Prior credit card experience preferred |
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City
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Riverwoods |
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State
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IL |
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