Robert Upton

About Robert Upton

With over 30 years of experience as a student of and participant in the securities industry, I am a seasoned leader and strategist in liquidity and funding, balance sheet management, ALM, FTP and regulatory relations with a focus on safety and soundness. The history of global wholesale financial institutions from EF Hutton and Drexel right up to 2023 and Credit Suisse has shown that liquidity risk is the primary factor that has lead to failure. The evolution of managing this risk has shaped my expertise and career. From being the largest short end investor in the securities industry at Fidelity in the early 1990s to my current role as Americas Treasurer at Deutsche Bank, ensuring a robust, comprehensive and sound liquidity and funding management framework is always job one. Of course, there is more to the job of Treasurer for a large, complex financial firm. As the Americas Treasurer at Deutsche Bank, I have significantly enhanced the US Liquidity Risk Management framework via developing tools, analytics and governance to align with best practices amongst FBO peers. This has resulted in closing regulatory issues, a $20B reduction in liquidity assets and $150MM annualized savings over 3+ years. My leadership has expanded ALM capability and strategic hedge programs, stabilizing and increasing net interest income. My career has been dedicated to managing the end-to-end global treasury function, overseeing all significant functional areas and ensuring compliance with regulatory expectations and internal policies. I excel in forecasting cash flow and balance sheet positions to maintain optimal liquidity and strengthen financial stability. My expertise includes working closely investment advisors to align strategies with company policies, optimizing financial returns and utilizing sophisticated liquidity management systems. Throughout my work history, I have supported M&A initiatives by analyzing and mitigating risks associated with integration requirements, including balance sheet structural position risks (e.g, FX, interest rate), and developing hedging strategies to minimize financial exposures and maximize integration success. My role often involves delivering critical economic and market insights to senior management and external board members, which often influences strategic financial decisions while ensuring compliance with relevant policies and regulations. I am passionate about continuous improvement in treasury and liquidity management.

Experience

1. Americas Treasurer

   Deutsche Bank

   Aug 2020 — Present · New York, NY, US

   At Deutsche Bank AG, I enhanced the US Liquidity Risk Management framework by developing tools, analytics, MI, and governance to align with FBO peers, optimizing financial resources and achieving $20B in assets and $150MM in annualized savings over three years. I significantly expanded ALM capability and a diverse array of strategic hedge programs to stabilize and increase net interest income while enhancing the return on over $90B of HQLA maintained in the US. I directed regulatory liquidity engagements as the primary Subject Matter Expert, approving regular and ad-hoc funding and liquidity Management Information, responding to inquiries, and ensuring compliance with industry standards. I provided comprehensive monthly updates to the IHC Board on treasury risks and Interest Rate Risk in the Banking Book strategies, facilitating strategic initiative approvals and maintaining robust alignment with financial regulations. I remediated legacy regulatory issues, achieving sustainable closure of 93% in just two years, and anticipating liquidity upgrades while chairing US ALCO, co-chairing US FRMC, and serving on US Executive and Management Risk Councils.I am skilled in liquidity and asset management, regulatory compliance, strategic leadership, hedge program development, risk management, financial forecasting, stakeholder engagement, repo financing, global payment platforms, credit facility management, interest rate risk management, treasury risk management, and asset-liability management.

Education

• Temple University

  MBA & BBA, Finance and Economics

  1981 — 1984