Treasurer

POSITION SUMMARY:

The Treasurer will direct the financial operations of the company including budgeting, planning, investing, liquidity, pricing model, and other financial matters. This role will determine and manage the tools utilized in asset liability management along with the office profitability and funds transfer pricing. The Treasurer will lead a team of finance experts to maintain important day to day financial operations and ensure the company’s financial health alongside the Chief Financial Officer.

The Treasurer will direct the financial operations of the company including budgeting, planning, investing, liquidity, pricing model, and other financial matters. This role will determine and manage the tools utilized in asset liability management along with the office profitability and funds transfer pricing. The Treasurer will lead a team of finance experts to maintain important day to day financial operations and ensure the company’s financial health alongside the Chief Financial Officer.

• To strengthen the accounting team and financial processes to enable the Bank and Company to continue to grow profitability.
• Manage balance sheet to create efficiencies and improve profitability to be a top tier organization.
• Maintains and/or improves the bank's net interest margin.
• Oversee the bank's balance sheet, managing interest rate risk, liquidity risk, yield curve risk, option risk, and other key aspects of asset/liability management.
• Efficiently manages liquidity and allocates resources to optimize profitability. Includes overseeing cash position and payment of bank expenses (accounts payable).
• Work as a team to elevate the accounting function- implementing internal controls and policies for all financial activities- for public filing company.
• Help our customers, peers, and employees realize their best lives.

• Coordinates the company’s financial planning- budgeting and forecasting and investment activities.
• Operates the bank's ALM model, owning all key assumptions including deposit betas, deposit decay, prepayment seeds, pricing spreads, and interest rates. Leads the ALCO meetings under the interest risk component of ERM, along with any "subcommittee meetings".
• In-house expert on funds transfer pricing (FTP) and able to educate internal users about FTP and opportunity costs when pricing and allocating limited resources.
• Oversee the daily cash position, establishing and monitoring bank correspondent accounts, brokered deposit relationships and the use thereof.
• Provides financial analysis with an emphasis on capital investments, pricing decisions, and contract negotiations.
• Involved in liquidity management, uses and funding, and serving on committees as needed.
• Oversee the preparation of activity reports, financial forecasts, and annual budgets ensuring the use of best practices and states and expected regulatory procedures, ie Back Testing, Stress Testing.
• Ensure that reported results comply with generally accepted accounting principles (GAAP) or international financial reporting standards.
• Reviews financial details from past, present, and forecasted operations; identifies development opportunities and improvements that can be made.
• Provides management with short- and long-term financial objectives and policies, including hedging, derivatives, etc.
• Advises business units on and assists with implementation of accounting and budgeting policies while also focusing on their profitability and how they positively influence the banks financials.
• Collaborate with internal and external auditors, Chief Accounting Officer and Accounting Team to provide information needed for the quarterly and annual audit.
• Maintains knowledge of organizational…