Truist · 4 months ago
Assistant Corporate Funding Manager
Charlotte, NC
Full-time
Onsite
Mid, Senior Level, Lead/Staff
8+ years expTruist is a financial services company seeking an Assistant Corporate Funding Manager to develop and implement funding strategies that align with their risk framework. The role involves managing day-to-day funding desk activities, supervising short-term funding plans, and working closely with various teams to optimize funding strategies and compliance with regulations.
BankingFinanceFinancial Services
Responsibilities
Develop, evaluate, and implement funding strategies to meet the wholesale funding needs of Truist that align with risk framework and assist leading the bank funding team
Manage critical day-to-day activities of the funding desk, including working closely with Corporate Treasury Operations to ensure sufficient funds are purchased daily to meet Federal Reserve (FRB) balance targets
Supervise development, execution, and monitoring of short-term funding plan (e.g., Fed Funds, repurchase agreements, institutional CDs, brokered retail CDs, Federal Home Loan Bank (FHLB) Advances, and other short-term funding vehicles
Manage the short-term cash flow process according to Regulation YY (Enhanced Prudential Standards), including forecasting, backtesting, and sensitivity analyses
Assist Head of Corporate Funding in procuring/managing all wholesale deposits, short-term debt, and long-term debt of the bank, to obtain the lowest possible funding cost for the Bank. This includes, but not limited to managing funding mix to meet overall balance sheet objectives, manage term funding programs (e.g., Global Bank Note, FHLB Advances, repurchase agreements, brokered sweep/CD programs) including relationship with counterparties/agents in these programs
Manage, monitor, and maximize wholesale funding channels, including periodic testing of HQLA monetization channels, unsecured instruments, secured borrowings, and securitization
Work with Asset Liability Management (ALM) team to develop funding forecast and strategies that impact overall Net Interest Income (NII) forecast
Work closely with Accounting, Reporting, Tax (ART) to evaluate accounting/tax implications of funding strategies. Prepare independent analyses related to funding strategies including issuance, buyback, and refinance that may be presented to leadership, sub-committees, and executive-level committee (e.g., ALCO)
Lead the marginal funding curve (MFC) process executed daily utilized for funds transfer pricing (FTP) and constantly evaluate the funding sources used in the process
Stay current with applicable liquidity, capital, and interest-rate risk (IRR) regulation, including notice of proposed rulemaking (NPR) that impact funding strategies/actions
Work with Liquidity Risk team concerning compliance with new regulations
Ensure internal control procedures are in place for managing funding activities and support the maintenance of Corporate Funding procedures and process flows that align with risk-control self-assessment objectives
Qualification
Required
Bachelor's degree or equivalent education and related training
Eight years of experience in banking with direct corporate treasury experience
Five years of experience in capital markets, e.g. trading/portfolio management position or closely related work experience
Experience in financial markets and capital markets products
High degree of technical and interpersonal skills required
Ability to think strategically and both short-/long-term implications of actions
Firm understanding of liquidity, capital, and interest rate risk concepts as they apply to funding portfolio
General understanding of regulatory, accounting, and tax rules as it relates to bank activities
Very strong verbal and written communication skills, analytical skills, and business acumen
Demonstrated proficiency in computer applications, such as MS Office and Bloomberg
Preferred
Masters degree in Business, Economics, or similar concentration
Chartered Financial Analyst (CFA) designation
Thorough understanding of asset liability management and the role of a bank funding portfolio in the ALCO process
Proven ability to work well under high pressure in volatile, stress markets
Experience with accounting, regulatory, and legal issues related to funding and structured products
Experience with offering circulars and other SEC documents used for issuance of GBN/MTN securities
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
Vacation
Sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
2026-01-16
Bizjournals.com Feed (2025-11-12 15:43:17)
2026-01-15
Company data provided by crunchbase