Senior Director, Head of Funding

At First Citizens Bank, we’re committed to helping our clients achieve their ambitions, and we bring that same commitment to our associates. For more than 125 years, our relationship‑based culture has created opportunities to build lasting connections, grow professionally and make a meaningful impact for our clients, communities and one another. This position manages a team of leaders and professionals to develop and maintain a diverse funding desk supporting the Treasury department, achieving balance‑sheet funding needs and contributing to liquidity risk management and asset‑liability management functions. The leader coordinates Treasury Funding teams with other stakeholders (e.g., investor relations, deposit teams) across all Treasury and Finance functions, ensuring funding strategies, recommendations, and actions align with overall balance‑sheet strategy and risk appetites, and oversees all Treasury funding channels (debt capital markets, secured channels, brokered channels). Coaching and guidance are provided to staff to ensure continued alignment with organizational culture.

Responsibilities

• Business Strategy: Manage the funding portfolio efficiently from strategy to execution; lead teams responsible for funding executions that align with company risk appetites and allocations; manage counterparty relationships and collateral program requirements.
• Business Support: Develop, revise, and implement compliant and effective funding strategies and sources; advise on existing and new strategies to ensure positions are appropriately allocated and risks are properly measured and monitored.
• Reporting: Coordinate timely delivery of analysis and reporting to senior management and stakeholder teams; represent Treasury practices during engagements with internal and external stakeholders, including regulatory exams/engagements.
• Managerial Functions: Establish and monitor expectations to achieve company and department goals; adjust department policies, procedures, and efficiencies as needed; manage performance, training, and evaluation of assigned staff; maximize department achievements through guidance and professional development.
• Relationship Development: Establish and maintain strong, communicative relationships with the Treasury team, debt capital markets partners, regulatory agencies, internal risk, and internal audit to facilitate Treasury initiatives and strategies.

Qualifications

• Minimum Required Education and Experience: Bachelor’s Degree and 12 years’ experience OR High School Diploma/GED and 16 years’ experience in Banking Treasury or Finance.
• Preferred Education: PhD or MS.
• Preferred Area of Study: Quantitative fields such as Finance, Econometrics, Mathematics, Physics, Engineering.
• Preferred Area of Experience: Risk modeling, model development, analytics in a large financial institution, experience leading in a large, diverse organization.
• Required Licenses or Certifications: Chartered Financial Analyst (CFA) – IO.

Skills

• Treasury liquidity management
• Business acumen / knowledge
• Policy, procedure, and governance
• Maintains strategic perspective
• Drives for results

Benefits

First Citizens offers a comprehensive benefits program for full‑time associates (20+ hours), with customized offerings designed to support families and meet associates where they are in life. More information about the benefits program is available at https://jobs.firstcitizens.com/benefits. The bank is committed to providing a competitive, thoughtfully designed, and high‑quality benefits program as an integral part of total rewards.