Job Information
Flagstar Bank Collateral Manager Sr - 15556 in Jackson, Mississippi
This is a Job Description for a Collateral Manager Sr in Jackson, Mississippi
Summary: The Collateral Manager Sr reports to the Head of Liquidity Management and leads a team responsible for ensuring compliance with relevant regulatory requirements for Collateral Management across Reg YY, SR Letter 12-7, SR Letter 10-6. This leader will oversee the development of a collateral management framework, own all data and reporting related to collateral management, and partner with leaders across lines of business to maximize the Bank's collateral.
Duties & Responsibilities:
Ensure compliance with relevant regulatory requirements for Collateral Management across Reg YY, SR Letter 12-7, SR Letter 10-6. Develop framework for collateral management including but not limited to policy, risk appetite, and reporting. Ensure all eligible securities and loans are efficiently pledged to the Federal Home Loan Bank, Federal Reserve, or other secured borrowing facilities. Partner with lines of business and loan operations to maximize pled gable securities and loans through improved structure and documentation. Business owner of data and system solution for collateral management and reporting. Partner with Funding Manager to establish and manage secured borrowing facilities. Lead point-of-contact for loan eligibility reviews with the FRB and FHLB. Develops staff members and implements strategies to optimize operational efficiency within the liquidity management function. Responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.
Requirements
and Qualifications[]{#Hlk142289191}[]{#Hlk142304825}
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Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or similar.
Equal Opportunity/Affirmative Action Employer.