Job Details

Job Function -
Manages the bank's balance sheet which includes oversight of liquidity, funding, capital and risk management. Provides financial planning and direction to the Bank with a focus on shareholder value and profitability. Maintains accurate financial reporting, Asset Liability Management, Interest Rate Risk monitoring and administration of the Bank's investment portfolio.

Job Responsibilities -
• Liquidity Management: Ensures the bank has access to sufficient cash and liquid assets to meet its day-to-day operational needs. Duties include carefully forecasting cash flows, assess market and economic conditions, and determine the optimal mix of liquid assets.
• Funding and Capital Management: Responsible for the bank's funding strategy. This includes managing the bank's capital structure, securing funding through various channels such as deposits and wholesale funding, as well as optimizing the cost of capital. Align the funding strategy with the bank's overall business objectives, ensuring that the capital is deployed efficiently to support growth while maintaining a strong financial position.
• Risk Management: Identifying, measuring, and mitigating financial risks such as interest rate and liquidity risk. Develop and implement risk management strategies, ensuring that the bank's exposure to various risks is within acceptable limits.
• General understanding of and the use of hedging strategies and financial derivatives to protect the bank against interest rate volatility. Assists with the settlement of customer's back to back derivatives.
• Investment Portfolio: Responsible for the Bank's investment portfolio. Duties include buying and selling of investment securities, safekeeping administration, and monthly valuation of the portfolio.
• Controls/Audit: Responsible for SOX control compliance. Provides assistance and direction for independent audits and regulatory examination
• Public Funds: Oversee the pricing of public fund deposits as well as the collateralization of these deposits.
• ALCO: Serves on Asset Liability Committee (ALCO) and facilities ALCO committee meetings. Prepares the monthly ALCO package and distributes to committee members.
• Reporting: Assists with financial reporting activities and other special projects such as the annual report, proxy, and strategic planning initiatives.
• Assists with the Bank's Investor Relations activities which includes providing updates and attending various meetings and conferences.
• Ensures that all areas of responsibility are operated in compliance with governmental, regulatory and Bank goals and mandates.
• Supports and facilitates full cooperation with all audit or regulatory processes including timely response and reporting as required.
• Identifies, develops and recommends appropriate policies, procedures and guidelines in support of the Board of Director's and management's corporate governance role.
• Ensures that own work is in compliance with all applicable laws, regulations, policies and guidelines.
• Performs all other duties as assigned.

Education and Related Experience -
• Bachelor of Science Degree with a major in finance, accounting or related field required.
• MBA, CTP or CPA preferred.
• Minimum of seven years' experience in management of accounting and finance functions within the banking industry required
• Investment portfolio experience preferred

Skills and Abilities -
• Must possess effective written and oral communication skills.
• Must possess good organizational and time management skills.
• Must possess ability to perform detailed tasks with accuracy.
• Must possess ability to analyze data and make quick decisions.
• Must possess ability to work under stress and meet deadlines
• Must possess ability to use electronic worksheets.
• Must possess comprehensive knowledge of lending guidelines and regulations.
• Must possess excellent leadership skills with ability to provide guidance for the achievement of the Bank's goals.
• Must possess knowledge of standard office equipment including computer, fax machine, scanner and copy machine.
• Must possess knowledge of computers and computer operations MS Office software with proficiency in Excel.

Working Conditions and/or Physical Requirements -
• Ability to work under stress and meet deadlines.
• Ability to operate a keyboard if required performing the essential job functions.
• Ability to read and interpret a document.
• Ability to travel if required to perform the essential job functions.
• Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department an "undue hardship" then the employee must be accommodated; hence, omitting lifting as a physical requirement.

Equal Opportunity Employer/Veterans/Disabled