Director, Liquidity Risk Management

Who We Are

We are creating the best way to finance clean energy for the home to help combat climate change. Mosaic partners directly with solar and home improvement professionals, who use our simple point-of-sale app to offer financing to their customers. This makes it easy and affordable for families to make energy-efficient upgrades to their homes. Since 2012, Mosaic has funded more than $10 billion in loans through our platform and helped more than 1,000,000 homeowners switch to sustainable solutions. Join us as we work toward our vision of 100% clean energy for all.

Location: We are a remote-first company. This role can be based anywhere in the US.

Position Overview

The Director of Liquidity Risk Management is an integral part of our Treasury and Capital Markets Group and will assist in the design, monitoring, and implementation of an independent assessment of liquidity risks and in the preparation and delivery of associated analysis and presentations for executive management, including ALCO.

The role includes ownership of the company’s long-term liquidity forecast, including accountability for integration with the FP&A’s comprehensive budget process. Additional responsibilities include transaction trigger monitoring and forecasting of compliance/covenants for both corporate and structured finance transactions.  The position will also be responsible for review of liquidity risk metrics, establishing processes supporting liquidity risk management, and identifying potential emerging risks or areas of the governance framework requiring enhancement.

Primary Responsibilities Include

• Redesign and implementation of long-term liquidity forecast, including integration with collateral management and balance sheet forecast models 
• Create and oversee a liquidity early warning indicator risk management framework, escalation procedures, and governance structure to help manage liquidity under normal and stressed conditions - including KPI development.
• Innovate ways to identify key risks/concentrations and implement processes to actively monitor these risks
• Drive strategy enhancement and program execution for all liquidity stress testing frameworks to establish Mosaic’s liquidity risk appetite and assess the adequacy of the contingent liquidity buffer.
• Create liquidity crisis simulations and associated action plans for ALCO and Operating Committee. Continually assess the reasonableness and design of scenarios and assumptions used in the liquidity risk stress testing and the firm’s contingency funding plan.
• Preparation and delivery of ALCO and Board level material to executive management and members of the Board of Directors.
• Maintaining active dialogue with all lines of business regarding corporate strategies, risk representation, and limit compliance

What you bring to the team

• B.A or B.S in Finance, Economics is preferred
• 5-7 years working within a 1st and or 2nd line liquidity and market risk review team or performing 2nd line liquidity risk or market risk oversight activities at a financial institution, or serving on a liquidity or market risk regulatory team. 
• Regulatory experience in the area of liquidity risk and other market risk a big plus (i.e. FRB, OCC, CFPB, FDIC)
• Advanced Excel skills, specifically working with large datasets
• Knowledge and understanding of financial analysis, forecasting and analyzing interest income and balance sheet behavior
• Knowledge and understanding of transaction compliance, covenant and trigger monitoring 
• Holistic perspective on integrating enterprise wide risks that may impact liquidity and the institution’s risk management practices.
• Solid work/team ethic

Preferred Qualifications

• Risk Management, Liquidity Management, Data Management or similar background/experience
• Experience working with quantitative models
• Knowledge of Banking and Capital market products

Why Mosaic

As a customer focused and driven-to-win organization, there are many exciting reasons to join the Mosaic team. We provide competitive salaries, quality healthcare and an enjoyable, be-yourself work environment. We are deeply mission and vision driven, have a generous PTO program, and support flexible schedules when needed. Mosaic has a dynamic, fast-paced, and entrepreneurial environment, which requires a professional, flexible, self-starter attitude. We believe in hiring the best, the brightest, and cultivating a culture of collaboration and appreciation. 

Mosaic’s policy is that employees must be fully vaccinated against COVID-19 in order to travel for work, visit our office, or attend in-person meetings, to the extent permitted by applicable law. We encourage you to speak with your recruiter if you would like more details on our COVID-19 safety policies. 

We are an equal opportunity employer and value diversity at Mosaic. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any legally protected status.