Treasurer

• Responsible for the oversight, development, and execution of balance sheet management strategies and initiatives along with providing guidance on loan and deposit pricing as Chair of the ALCO and Vice Chair of the Pricing Committee.
• Member of the Bank’s Enterprise Risk Management Committee which is responsible for oversight of Bank-wide risk.
• Responsible for managing the Bank’s investment portfolio. Develops portfolio strategies and oversees execution while ensuring the portfolio is within prescribed risk and performance tolerance levels and in compliance with corresponding regulatory standards. Manages market, liquidity, basis, and credit risk within the portfolio.
• Responsible for funding the Bank’s ongoing operations by ensuring adequate available liquidity to meet both short- and long-term needs utilizing various forms of wholesale funding including, but not limited to FHLB Advances, Brokered Deposits, Fed Funds, Reverse Repo, and Federal Reserve Borrowings. Responsible for building contingent liquidity at the FHLB and Federal Reserve. Maintain positive relationships with funding providers. Manage liquidity stress testing and tabletop exercises.
• Manages the Bank’s interest rate risk profile and maintain compliance with Board-approved policy limits. Incumbent proposes and executes risk mitigating strategies using organic (on-balance sheet) and inorganic means (off-balance sheet; interest rate derivatives). Assist with the management of the commercial loan swap program. Manage Bank-wide counterparty credit risk.
• Key contributor in managing the Bank’s capital and responsible for the annual capital stress testing process.
• Responsible for the Bank’s Funds Transfer Pricing.
• Serves as an integral member of the acquisition due diligence team, providing strategic balance sheet analysis and recommendations with respect to deal pricing and pro forma structure.
• Manage the Bank Owned Life Insurance (“BOLI”) portfolio.
• Serves as the Bank’s Chief Economist.
• Coordinates regulatory examinations and internal audits of capital markets activities.
• Maintains positive, proactive relationships with capital markets, fixed income, debt / equity issuance providers and rating agencies on behalf of the Bank.
• Develops, maintains, and ensures compliance with policies and procedures related to the investment portfolio, asset liability management, liquidity and contingency funding and derivative activities.
• Manages staff. Sets performance standards, manages workflow, grants authorities, evaluates performance, and recommends personnel actions within delegated authority. Consults with Human Resources as appropriate.

Required Education

Required Experience

Required Knowledge, Skills, and Abilities

• Strong understanding of investments, funding, derivatives and debt / equity capital markets.
• Deep understanding of bank balance sheets and profitability providing the ability to add value across a broader Finance function.
• Ability to effectively exercise substantial judgement in a highly complex field within broad strategic and operational guidelines.
• Strong management and solutions-based problem-solving skills.
• Must be a critical thinker with the ability to analyze financial information and possess excellent verbal and written skills to effectively communicate results and recommend actions to all levels of management including the Board of Directors.
• Demonstrated decision-making abilities and proven credibility in influencing and working effectively with business unit managers, senior officers and executives.
• Excellent leadership, people management and organizational development skills with a demonstrated ability to motivate in a team-oriented and collaborative environment, and promote, foster and build a diverse and inclusive workforce.