Talent.com
Treasury Portfolio Manager

Treasury Portfolio Manager

ComericaFrisco, TX, US
30+ days ago
Job type
  • Full-time
Job description

Portfolio Manager

The Portfolio Manager assists the Balance Sheet Manager in the oversight of up to $25 billion fixed income securities portfolio which is a major provider of liquidity and interest income to the overall balance sheet, up to $25 billion in interest rate risk hedges, and approx. $3 billion in pension plan assets. Responsible for all facets including but not limited to individual security and product type analysis utilized to formulate investment strategy, purchases and sales of multimillion-dollar securities, internal, external, and regulatory reporting, and portfolio maintenance on various software systems. Responsible for identifying new investment opportunities and assisting in the formulation of Comerica's investment strategy. Responsible for the execution and management of Comerica's balance sheet hedging program, as well as identifying appropriate hedging alternatives. Coordinating the work of the Investment Subcommittee and the asset management of various Comerica employee benefit plans.

Position Responsibilities

Portfolio / Asset Management

  • Evaluate, recommend and execute strategies for the effective management of Comerica's investment portfolio.
  • Prepare and present diversification and investment strategy presentations to senior management.
  • Utilize and maintain a wide variety of financial software systems to build and create investment strategy recommendations.
  • Identify new investment options for Comerica that might help better meet balance sheet needs and risk objectives.
  • Have working knowledge of investment options such as Treasuries, private label MBS, CMBS, ABS, and ability to articulate the risk / return characteristics of various investments.
  • Ability to communicate recommended strategies to provide higher income, stable market value, manage interest rate risk and liquidity risk, comply with various regulations, etc.
  • Monitor, communicate and adopt industry best practices, identify relevant portfolio themes in support of earnings announcements and investor interactions.
  • Recommend new solutions to enhance analytics, asset quality and compliance.

Hedging

  • Assist in the formulation and execution of Comerica's balance sheet hedging strategy with Asset Liquidity Committee (ALCO).
  • Advise on hedging alternatives, structures, pricing, market timing, relative value, peer bank strategies, etc.
  • Create interest rate swap structures for balance sheet hedging, debt hedging and to manage derivative hedging strategies for various types of wholesale deposits adherence.

    • Oversee analysts on team in management and monitoring of existing hedge portfolio.

    Executive Committee Communications and Reporting (Investment Portfolio and Reporting)

  • Provide market analysis and portfolio performance reporting on a weekly and monthly basis to senior management.
  • Manage and prepare reporting requirements for the Asset Liquidity Committee (ALCO), and financial reporting.
  • In support of FP&A and IR, provide forecast for the expected portfolio income, explain impact of various factors such as paydowns, new purchases, amortization expenses, collateral changes, portfolio growth / runoff, etc. to support earnings calls and releases as well as investor conference materials.
  • Perform and document Portfolio pricing and prepayment analysis.
  • Validate FAS 91 calculations and changes to portfolio book valuation.
  • Handle all internal and external audit requests and required documentation.
  • Assist in documentation and reporting of liquidity regulatory requirements and ALCO policy requirements.

    • Pension Plan and Post-Retiree Medical Plan Asset Management

  • Assist with external asset manager oversight of Comerica's approx. $3 billion Pension Plan. This includes management of billing fee accuracy and potential directions for rebalancing.
  • Manage Assets of Comerica's $20-30 mm Post Retiree Medical plan. Maintain assets according to regulatory mandates and evolve investment strategy as necessary.
  • Collaborate with investment managers.
  • Coordinate with HR and the Investment Subcommittee of Comerica regarding the Comerica.

    • Pension Plan

  • Work closely with external advisors and actuaries on investment strategies and analysis to ensure the assets in the Plan are managed in accordance with Investment Policy.
  • Review and approve analyst-drafted memo providing rationale for annual expected return of pension.

    • Repurchase and Fund Transfer Pricing (FTP) Management

  • Negotiate Master Repurchase agreements / contracts with various financial institutions; provide guidance to direct reports on negotiation best practices and collaborate with Legal, operations and external counterparties to execute repo trades providing bank liquidity.
  • Provide analysis and funds transfer pricing spread recommendations to FTP committee, advise LOBs on product pricing and structure as it relates to loans that are generally securitized and sold within various securities structures.

    • People Development

  • Use experience and knowledge to help develop team members' abilities.
  • Actively work with team members to constructively offer review and advice.
  • Direct workflow of team members within parameters of responsibility (e.g. trade execution, securities analysis).
    • Create a job alert for this search

    Treasury Manager • Frisco, TX, US

    Related jobs
    • Promoted
    Portfolio Reviewer

    Portfolio Reviewer

    VirtualVocationsPlano, Texas, United States
    Full-time
    A company is looking for a Portfolio Reviewer.Key Responsibilities Overlay accounts to pre-defined trading models and execute trades based on product guidelines Analyze data for discrepancies be...Show moreLast updated: 2 days ago
    • Promoted
    Portfolio Analyst

    Portfolio Analyst

    VirtualVocationsGrand Prairie, Texas, United States
    Full-time
    A company is looking for a Portfolio Analyst.Key Responsibilities Support the Asset Management Services Group by executing trades based on product models and guidelines Analyze data for discrepa...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Portfolio Manager - Financial Institutions Group

    Senior Portfolio Manager - Financial Institutions Group

    Fifth ThirdDallas, TX, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. The Portfolio Manager is key m...Show moreLast updated: 4 days ago
    • Promoted
    Treasury Management Implementation Manager

    Treasury Management Implementation Manager

    ComericaDallas, TX, US
    Full-time
    Treasury Management Implementation Manager.The Treasury Management Implementation Manager role is a leadership position within the Treasury Management Implementation Team of the Commercial Bank.Thi...Show moreLast updated: 22 days ago
    • Promoted
    Portfolio Manager

    Portfolio Manager

    Tech DigitalDallas, TX, US
    Full-time
    Program director oversees the development, implementation, and management of specific programs or initiatives within an organization, ensuring they align with strategic goals and objectives.Key res...Show moreLast updated: 22 days ago
    • Promoted
    Treasury Manager

    Treasury Manager

    VirtualVocationsGrand Prairie, Texas, United States
    Full-time
    A company is looking for a Manager, Treasury - Americas.Key Responsibilities Manage a team of Treasury Analysts to facilitate liquidity and cash management Oversee cash flow creation, maintenanc...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Portfolio Manager - Financial Institutions Group

    Senior Portfolio Manager - Financial Institutions Group

    Fifth Third BankDallas, TX, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. The Portfolio Manager is key m...Show moreLast updated: 30+ days ago
    • Promoted
    Treasury Management Executive II

    Treasury Management Executive II

    Busey BankDallas, TX, United States
    Full-time
    The primary responsibility of the Treasury Management Executive II is to lead new business development efforts with prospective clients, driving treasury management fee income and deposit growth.Ad...Show moreLast updated: 30+ days ago
    • Promoted
    Portfolio Manager

    Portfolio Manager

    Cynet SystemsDallas, TX, US
    Full-time
    Job Description : Responsibilities : Strategic Planning : Program directors develop and implement strategic plans for their programs, defining objectives, milestones, and key performance indicators KP...Show moreLast updated: 16 days ago
    • Promoted
    Portfolio Manager III

    Portfolio Manager III

    BOK FinancialDallas, TX, US
    Full-time
    You place great value on building meaningful relationships, and you do so by leveraging your excellent interpersonal skills. You find satisfaction in helping others by offering sound advice.You make...Show moreLast updated: 9 days ago
    • Promoted
    • New!
    Portfolio Specialist

    Portfolio Specialist

    MODE GlobalDallas, TX, US
    Full-time
    MODE Global is a $4B+ multimodal transportation leader, delivering comprehensive supply chain solutions across North America. With a vast agent-based network and a suite of offeringsspanning LTL, tr...Show moreLast updated: 20 hours ago
    • Promoted
    Portfolio Manager, ABL

    Portfolio Manager, ABL

    Texas Capital BankDallas, TX, US
    Full-time
    The Portfolio Manager I role is positioned within Credit Administration and is integral to the success of each line of business it supports, helping to drive the strategic vision set forth by Texas...Show moreLast updated: 22 days ago
    • Promoted
    Senior Treasury Manager

    Senior Treasury Manager

    Lincoln Property CompanyDallas, TX, US
    Full-time
    The Treasury Manager (Senior) will oversee the end-to-end treasury operations for a large, complex third-party operator with 100+ banking relationships and over 2,000 active bank accounts.This indi...Show moreLast updated: 8 days ago
    • Promoted
    Treasury Services Associate

    Treasury Services Associate

    Texas Capital BankRichardson, TX, US
    Full-time
    Texas Capital is built to help businesses and their leaders.Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly expe...Show moreLast updated: 30+ days ago
    • Promoted
    Portfolio Manager - TMT

    Portfolio Manager - TMT

    Texas Capital BankDallas, TX, US
    Full-time
    The Portfolio Manager II role is positioned within Credit Administration and is integral to the success of each line of business it supports, helping to drive the strategic vision set forth by Texa...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Treasury Manager

    Senior Treasury Manager

    LincolnDallas, TX, US
    Full-time
    The Treasury Manager (Senior) will oversee the end-to-end treasury operations for a large, complex third-party operator with 100+ banking relationships and over 2,000 active bank accounts.This indi...Show moreLast updated: 8 days ago
    • Promoted
    Treasury Management Relationship Manager

    Treasury Management Relationship Manager

    Regions FinancialDallas, TX, US
    Full-time
    Treasury Management Relationship Manager.At Regions, the Treasury Management Relationship Manager is responsible for developing new treasury management business and expanding existing business rela...Show moreLast updated: 30+ days ago
    • Promoted
    Portfolio Manager / Associate Portfolio Manager

    Portfolio Manager / Associate Portfolio Manager

    State FarmRichardson, TX, United States
    Full-time
    Location US-TX-Richardson Job Category Accounting and Financial Position Type Regular Full Time Req ID 40892 Overview State Farm Investment Planning Services (IPS) team is expanding and is seekin...Show moreLast updated: 10 days ago