Liquidity Specialist Lead

Funding Liquidity Specialist Lead
The Lead Funding Liquidity Specialist evaluates and executes information that will assist in the effective management of Comerica's various balance sheet initiatives related to its funding position and liquidity risk management process.

Position Responsibilities

Liquidity Management Process

• Manage and oversee the monitoring and reporting on Comerica's liquidity position including various liquidity ratios, collateral availability, estimated capacity of existing and potential funding sources, liquidity projections, crisis liquidity scenarios, funding concentrations, commitment usage, levels, peer comparisons, etc.
• Manage the regular review and ensure compliance with all liquidity risk policies, procedures, and processes (such as Comerica's Contingency Funding Plan, Liquidity Management Policy, & Stress Test documentation.
• Collaborate in building and updating of liquidity management systems by maintaining knowledge of industry best practices and proposing practical solutions; Monitor and manage the holding company's cash position.
• Ensure compliance with liquidity regulations such as Dodd-Frank, Basel III LCR and NSFR, 2052a, OLA debt requirements, FDIC debt related assessment rules, etc.
• Manage the daily tasks related to the Money Desk management, including monitoring and management of the Federal Reserve position, Comerica customers' wire and ACH activity, overnight borrowings such as Fed Funds, Euro deposits, and Repos, etc.
• Manage funding transactions such as brokered deposits, FHLB borrowings, senior, subordinated, and preferred debt.
• Manage periodic forecasts of Comerica's expenses related to the wholesale funding portfolio; Provide quotes to customers and lenders for transactions, including cost of funds, prepayment penalties, repurchase agreements, and Eurodollars and process transactions in the accounting system.

Intrabank Collaboration

• Maintain active dialogue with various areas in the bank to ensure accurate and consistent reporting, analysis, communication and projection of Comerica's liquidity position OR projection of capital levels, bank dividends, share buyback, and other capital-related issuances and redemptions including GCM, Controller (Financial Reporting, Planning/Forecasting, etc.), Investor Relations, etc.