Liquidity Product & Relationship Manager

Société Générale · New York City

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Responsibilities

Global Transaction & Payment Services (GTPS) provides corporate clients, financial institutions, Societe Generale entities and business lines with payment, cash management, liquidity, trade finance and working-capital solutions.

The Liquidity Product Manager sits at the intersection of the business, Treasury and Asset and Liability Management (ALM), translating client deposit behavior and transaction flows into actionable liquidity, funding, pricing and product decisions.

The role partners closely with DFIN/TRE, DFIN/ALM, Risk, Model Risk Management, Finance, Compliance, Technology, Operations and GTPS Sales. It combines liquidity product ownership, balance-sheet expertise, quantitative analysis, governance and product development, including the assessment of blockchain and tokenized-deposit capabilities for commercial deposit accounts.

Own and develop the GTPS liquidity and deposit product framework for the Americas, with a strong focus on Treasury and ALM priorities. The specialist is responsible for optimizing the value, stability and liquidity characteristics of client and intragroup deposits while maintaining an effective risk, control and governance environment and supporting new product innovation.

• Treasury and funding strategy: Act as the principal GTPS partner to Treasury on USD deposit strategy, funding value, liquidity transfer pricing, balance-sheet consumption, deposit pricing, intragroup treatment and the optimization of financial resources.
• ALM and behavioral analysis: Partner with ALM to assess deposit stability, runoff assumptions, tenor and concentration profiles, operational versus non-operational characteristics, and the impact of client payment behavior on liquidity and funding requirements.
• Liquidity risk measurement and monitoring: Lead the identification, measurement, monitoring and escalation of intraday and end-of-day liquidity risk, including peak usage, overdraft and liquidity lines, collection and consumption of liquidity, and relevant management indicators.
• Stress testing and scenario analysis: Provide business data, assumptions and subject-matter expertise for liquidity stress testing and scenario analysis, challenge results where appropriate, and translate outputs into practical actions for pricing, commercialization, limits and client strategy.
• Deposit portfolio and pricing management: Develop analytics for demand deposits, time deposits and other liquidity products; recommend pricing and tenor strategies based on Treasury value, ALM constraints, client behavior, market conditions, risk appetite and commercial objectives.
• Governance, controls and regulatory alignment: Maintain a robust liquidity product governance framework, oversee applicable controls and regulatory requirements, document decisions and assumptions, and coordinate remediation of data, process, model or limit issues with control functions.
• Liquidity models and data ownership: Serve as business owner for relevant GTPS liquidity models and data, including implementation, data-quality controls, performance monitoring, periodic maintenance, validation support and at least annual recalibration where applicable.
• Product development and commercialization: Lead the end-to-end development and enhancement of liquidity and deposit products, from client need and business case through design, governance, pricing, operating model, technology requirements, launch readiness, sales enablement and post-launch performance monitoring.
• Blockchain and digital deposit innovation: Assess blockchain, distributed ledger and tokenized-deposit use cases for deposit accounts, including programmable balances, settlement efficiency, interoperability, ledger design, controls, reconciliation, legal and compliance considerations, and integration with existing cash-management services. Convert viable concepts into governed product roadmaps and pilot proposals.
• Stakeholder leadership and decision support: Produce clear daily, weekly and periodic management analysis; communicate recommendations to senior stakeholders; coordinate cross-functional execution; and support Sales in shaping client behavior, deposit growth and liquidity solutions consistent with Treasury, ALM and GTPS objectives.

Profile required

·   Full understanding of Liquidity Product types: IBDDA, DDA, MMDA, ECR, MMF, TDs.

·   Treasury, funding, liquidity risk and ALM concepts, including deposit behavior, liquidity metrics, stress testing, scenario analysis, funds-transfer pricing and balance-sheet optimization.

·   Transaction banking, cash management, correspondent banking and deposit products, with an understanding of client payment patterns and operational processes.

·   Product-management capability, including business cases, product design, governance, requirements, implementation, commercialization, performance measurement and lifecycle management.

·   Working knowledge of blockchain, distributed ledger technology, tokenized deposits and smart-contract concepts as applied to regulated commercial deposit accounts.

·   Strong quantitative and data-analysis skills, including model design or oversight, data reconciliation, trend and concentration analysis, dashboarding and management reporting.

·   Advanced Microsoft Excel and PowerPoint skills; ability to work effectively with Technology teams to define, challenge and validate data and system requirements.

·   Analytical judgment and the ability to translate complex liquidity topics into concise commercial and risk decisions.

·   Clear, credible written and verbal communication, with the ability to challenge constructively, influence senior stakeholders and drive decisions across multiple functions.

·   Comfort operating in a complex, high-pressure and rapidly changing environment while maintaining strong attention to detail, ownership and execution discipline.

·   Team spirit, adaptability, intellectual curiosity, innovation mindset and a strong commitment to client outcomes and sound risk management.

·   Bachelor's degree in Finance, Economics, Business, Engineering, Mathematics or a related field; an advanced degree or relevant professional certification is preferred.

·   Minimum 7 years of relevant experience in Treasury, ALM, liquidity management, transaction banking, deposit products, product management, risk, audit or consulting, with demonstrated ownership of cross-functional initiatives.

·   Experience working in a regulated banking environment and partnering with Treasury, ALM, Risk, Finance, Compliance, Operations and Technology.

·   English fluency required; French is desirable.

Why join us

Employees are expected to understand the institution’s approach to risk management and their role in supporting a strong risk culture. The Liquidity Product Specialist must identify and escalate material liquidity, model, data, operational, regulatory and product risks; maintain appropriate documentation and controls; and ensure that new or changed products proceed through applicable governance and approval processes.

·   Quality and timeliness of Treasury and ALM decision support, liquidity monitoring and senior-management reporting.

·   Improvement in deposit portfolio value, stability, pricing discipline and balance-sheet efficiency within approved risk appetite.

·   Effectiveness of liquidity governance, data quality, model ownership, controls and issue remediation.

·   Delivery of product enhancements and credible blockchain or tokenized-deposit initiatives through appropriate governance.

Business insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

DIVERSITY, INCLUSION & BELONGING (“DIB”):
Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

COMPENSATION:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.

Diversity and Inclusion

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

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