New York, NY, USA
30 days ago
Director of Capital Markets and Funding

At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

Job Summary

Reporting to the Assistant Treasurer, the Director of Capital Markets and Funding will support Equitable’s (EQH) debt and equity capital markets activities and contingent liquidity facilities, in addition to the insurance subsidiaries spread lending portfolio – including the FHLB, FABN and securities lending programs. This role is highly visible and instrumental in maintaining EQH’s financial flexibility and improving the risk-adjusted earnings ability of the underlying insurance businesses.

Core Responsibilities include, but are not limited to:

Develop and execute solutions to optimize the company’s capital structure and contingent liquidity facilitiesConduct debt/equity capital raising projects (senior, hybrid, preferred, equity issuance), evaluating market opportunities and taking into consideration investors’ expectations, peer practices, rating agency treatment and balance sheet impactGrow and optimize the Company’s spread lending program – including FHLB, FABN, repo and securities lendingRecommend and implement capital return strategies, including dividend and share buybacksHelp manage relationships with 20 US and global banksCoach and develop junior members of the Capital Markets team

In office schedule: This role will be working in office 2-3 days per week

The base salary range for this position is $150,000 - $200,000.Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable Pay and Benefits:Equitable Total Rewards Program

At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

Job Summary

Reporting to the Assistant Treasurer, the Director of Capital Markets and Funding will support Equitable’s (EQH) debt and equity capital markets activities and contingent liquidity facilities, in addition to the insurance subsidiaries spread lending portfolio – including the FHLB, FABN and securities lending programs. This role is highly visible and instrumental in maintaining EQH’s financial flexibility and improving the risk-adjusted earnings ability of the underlying insurance businesses.

Core Responsibilities include, but are not limited to:

Develop and execute solutions to optimize the company’s capital structure and contingent liquidity facilitiesConduct debt/equity capital raising projects (senior, hybrid, preferred, equity issuance), evaluating market opportunities and taking into consideration investors’ expectations, peer practices, rating agency treatment and balance sheet impactGrow and optimize the Company’s spread lending program – including FHLB, FABN, repo and securities lendingRecommend and implement capital return strategies, including dividend and share buybacksHelp manage relationships with 20 US and global banksCoach and develop junior members of the Capital Markets team

In office schedule: This role will be working in office 2-3 days per week

The base salary range for this position is $150,000 - $200,000.Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable Pay and Benefits:Equitable Total Rewards Program

Required Qualifications:

Bachelors Degree5 years of corporate finance or capital markets experience at financial institutionsKnowledge of and experience with capital markets instruments and derivativesWorking knowledge of US statutory accounting, reserving, and RBC rules, particularly for variable annuities preferredAbility to develop cross-functional relationships to build cohesive and collaborative teams, acting as strategic driver and manager of key strategic initiativesProject management experience with the ability to demonstrate leadership in the sponsorship and execution of multiple, concurrent and complex business initiativesExecutive presence required to present to senior management and various committee form

Preferred Qualifications:

Masters or other advanced degreeExperience with spread lending programs at insurance companies Established critical thinking, sound judgment, complex problem-solving and execution skillsAdept at persuasive communications, supported by insightful, fact-based analyses and industry expertiseExperience with Federal Home Loan Banks or Farmer MacExpertise with liquidity management in a financial services companyExperience reviewing and negotiations of contracts, working with EQH’s internal Legal Department


Skills

Continuous Learning: Understanding of the rationale behind the necessity to continually learn and grow and the ability to seek performance feedback and identify approaches to improve own performance and that of others.

Financial Forecasting and Modeling: Knowledge of processes, tools and techniques of financial forecasting and modeling; ability to explore and evaluate alternative financial scenarios and results.

Financial Reporting: Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough financial reports

Institutional Finance: Knowledge of finance, financial methods, tools and strategies; ability to employ them in private and public corporations.

Investments: Knowledge of the investments business; ability to analyze and evaluate asset types, market and industry trends, major issues, and regulatory considerations.

Letters of Credit: Knowledge of Letters of Credit concepts, rules, and regulations; ability to implement, manage, or execute processes associated with Letters of Credit (L/C), including: issuance, amendment, advice, confirmation, transfer, assignment and payments.

Liquidity Risk Management: Knowledge of processes, tools, and techniques used to determine the degree of liquidity risk in a financial institution; ability to identify, measure, monitor and control the institution’s exposure to liquidity risk.

Staff and Career Development: Knowledge of available internal and external learning resources and ability to address learning, training, and career development needs of individuals, teams or organization.

Treasury Services: Knowledge of treasury services; ability to properly use treasury products and services, and adopt business practices that are in use by banks, financial services institutions, major corporations, governments and other entities.

Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.


ABOUT EQUITABLE

At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.

We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.



Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

NOTE: Equitable participates in the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.

Required Qualifications:

Bachelors Degree5 years of corporate finance or capital markets experience at financial institutionsKnowledge of and experience with capital markets instruments and derivativesWorking knowledge of US statutory accounting, reserving, and RBC rules, particularly for variable annuities preferredAbility to develop cross-functional relationships to build cohesive and collaborative teams, acting as strategic driver and manager of key strategic initiativesProject management experience with the ability to demonstrate leadership in the sponsorship and execution of multiple, concurrent and complex business initiativesExecutive presence required to present to senior management and various committee form

Preferred Qualifications:

Masters or other advanced degreeExperience with spread lending programs at insurance companies Established critical thinking, sound judgment, complex problem-solving and execution skillsAdept at persuasive communications, supported by insightful, fact-based analyses and industry expertiseExperience with Federal Home Loan Banks or Farmer MacExpertise with liquidity management in a financial services companyExperience reviewing and negotiations of contracts, working with EQH’s internal Legal Department


Skills

Continuous Learning: Understanding of the rationale behind the necessity to continually learn and grow and the ability to seek performance feedback and identify approaches to improve own performance and that of others.

Financial Forecasting and Modeling: Knowledge of processes, tools and techniques of financial forecasting and modeling; ability to explore and evaluate alternative financial scenarios and results.

Financial Reporting: Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough financial reports

Institutional Finance: Knowledge of finance, financial methods, tools and strategies; ability to employ them in private and public corporations.

Investments: Knowledge of the investments business; ability to analyze and evaluate asset types, market and industry trends, major issues, and regulatory considerations.

Letters of Credit: Knowledge of Letters of Credit concepts, rules, and regulations; ability to implement, manage, or execute processes associated with Letters of Credit (L/C), including: issuance, amendment, advice, confirmation, transfer, assignment and payments.

Liquidity Risk Management: Knowledge of processes, tools, and techniques used to determine the degree of liquidity risk in a financial institution; ability to identify, measure, monitor and control the institution’s exposure to liquidity risk.

Staff and Career Development: Knowledge of available internal and external learning resources and ability to address learning, training, and career development needs of individuals, teams or organization.

Treasury Services: Knowledge of treasury services; ability to properly use treasury products and services, and adopt business practices that are in use by banks, financial services institutions, major corporations, governments and other entities.

Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.


ABOUT EQUITABLE

At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.

We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.



Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

NOTE: Equitable participates in the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.

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