Liquidity Business Manager IV

Company: SVB Silicon Valley Bank
Location: New York
Posted on: June 25, 2022

Job Description:

BE PART OF A BANK LIKE NO OTHER. When you work with the world's most innovative companies, you know you're making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work. They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business. Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply. Job Description Silicon Valley Bank is the most sought-after financial partner in the global innovation economy. We bring together entrepreneurs, investors, ventures capitalists, and private equity firms to move their bold ideas forward, fast. Our clients define what comes next. In the past 35 years, we have accumulated more experience with start-ups and high-growth tech than any other company in the world. In fact, a majority of the most compelling Fintech disruptors bank with us. Our clients include: Beyond Meat, Shopify, HelloFresh, Cloudera, and Andreessen Horowitz, just to name a few. We help our clients grow, too. More than half of the innovation companies that completed an IPO in the last two years were SVB clients. The Liquidity Solutions team sits within Product and manages a panoply of on-balance sheet and off-balance sheet client solutions.Liquidity products are designed for clients initiating/deepening a deposit relationship with SVB as well as those deploying newly raised funding from the private and public markets into market-based investment vehicles.Overall, the Liquidity Solutions team has product responsibility for $190B in deposits and $215B in off-balance sheet client investments (Money Fund sweep, Repo, Asset Management). Liquidity Business Management is a horizontal team that oversees the financial and operational aspects of the Liquidity Solutions business (executive reporting, analytics, financial reporting, trade processing, reconciliations, forecasting, budgeting, and vendor management, etc.) as well as has significant regulatory and risk management responsibilities (SOX Controls, SOC1,Cayman Branch Operating Committee, Control ITM, Regulatory reporting). The Liquidity Business Manager IV will manage multiple initiatives and rates for Liquidity Solutions (deposits, on balance sheet, off balance sheet) that are critical to the success of our clients and the business. This role will work closely with Sales, Product Managers and Corporate Treasury to build rate strategy, develop responses to competitor or market rate changes and ensure rates are implemented in accordance with bank policy. This position is expected to work independently and be responsible for making crucial decisions that impact business success. Rate Strategy and Tactics Develop and support rate strategies across multiple products and rate scenarios Ensure strategy aligns with organization, segments and department goals as well as supports client experience and needs. Obtain buy-in and support from various key stakeholders - including senior management, partners, and committees. Work with data analytics and finance teams to review and forecast rate performance. Build and manage executive reporting including presentations for Asset and Liability Committee. Initiative Management Develop strategies and manage enterprise-wide initiatives to ensure balance sheet optimization through close partnership with Corporate Treasury Partner with Sales, Relationship Advisors, Account Services, and Operations to ensure business initiatives are carried out successfully and support resolving concerns and escalations Partner with Audit, Risk and Compliance teams to seek resolution of any/all issues on rate/initiative management related activities Own rate related policies, procedures and processes Performance Measurement Identify opportunities for revenue growth / cost savings, evaluate effectiveness of pricing paradigm and recommend changes as needed to influence profitability and incentives. Coordinate and support monthly sales performance meetings with Head of Liquidity Solutions, Head of Liquidity Advisory, and Regional Liquidity Advisory team leads Develop Liquidity Advisor and regional team sales metrics and performance reporting. Build consensus on sales performance metrics across segment business partners and client relationship teams. Create and coordinate regular communications on business performances through Liquidity Solutions, Clients Solutions, and executive/ senior management. Create and coordinate new Liquidity Solution initiative performance tracking. Build strong connection with sales regarding business performance. Enhance CRM capabilities to enhance client-specific decisioning information surrounding public and private funding events - 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB). Equal Employment Opportunity Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices. Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

Keywords: SVB Silicon Valley Bank, New York , Liquidity Business Manager IV, Executive , New York, New York