Assistant Treasurer
The Assistant Treasurer job will oversee multiple areas within Treasury & Finance in support of the Bank's strategic and financial objectives. This position will leverage strategic & analytical thought leadership & support for key finance initiatives including development of balance sheet strategies, asset liability management, financial planning/forecasting, and capital management. This position requires strong analytical skills, a deep understanding of Finance and Treasury concepts with particular focus within banking. The role will engage with senior & executive leadership across the bank. The role will also participate in discussions with Bank regulators.
Key Responsibilities and Duties
- Assists the Treasurer in managing the Bank's capital, liquidity, and overall Treasury Function.
- Leads executive level discussions on broad scope of topics that may include balance sheet management/strategy, capital, liquidity, deposits and analytical insights.
- Partners with investment portfolio team to align portfolio & acquisition objectives on capital, liquidity, IRR and credit to bank's broader balance sheet strategy.
- Ensures alignment of risk management with existing limits while framing forward looking strategies for liquidity and interest rate risk.
- Helps identify and mitigate financial risks related to interest rates, currency fluctuations, and credit exposure.
- Collaborates with other departments to optimize financial performance and support strategic initiatives.
- Leads strategies for capital management, liquidity, funds transfer pricing and partners with business units to ensure alignment between asset pricing and profitability.
- Serves as Treasury subject matter expert on key strategic and M&A initiatives including: balance sheet actions, capital & liquidity evaluation, asset portfolio and deposit valuations.
Educational Requirements
- University (Degree) Preferred
Minimum Qualifications
- 8+ years of progressive experience in Treasury, Asset Liability Management (ALM), Corporate Finance, Capital Management, or Banking Finance.
- Demonstrated knowledge of banking regulations, liquidity management, interest rate risk (IRR), capital planning, and balance sheet management.
- Tenured experience leading and developing high-performing teams, including management responsibility for Treasury, Finance, or related banking functions.
Preferred Qualifications
- 10+ years of banking Treasury leadership experience, including responsibility for capital, liquidity, funds transfer pricing (FTP), and balance sheet strategy.
- Experience presenting complex financial strategies and analytical insights to executive leadership, Board committees, regulators, and stakeholders during strategic initiatives or M&A activities.
- Professional designation such as CFA, CPA, or Certified Treasury Professional (CTP).
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field. (Highly preferred)
Role Specific Experience
- 8+ Years Required; 10+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work