Job Description

Position Summary : Oversight of asset and liability management, to include interest rate risk function, liquidity and funding, forecasting, and balance sheet strategy.

Essential Duties and Responsibilities :

• Collaborate with CFO on balance sheet strategies to enhance liquidity and optimize funding costs
• Prepare and monitor sources and uses / cash flow forecasts
•  Monitor liquidity and cash position, ensuring adequate liquidity for operational needs and forward growth or reduction plans
• Monitor and forecast regulatory capital levels
• Maintain correspondent banking and investment bank broker relationships

perform quarterly and annual diligence of above

• Manage and monitor investment securities portfolio

perform quarterly diligence

work to mitigate risks, including interest rate, credit, and operational

• Develop, maintain, and enhance contingency funding sources

Expand brokered funding network and sources

Manage listing service funding

Manage FHLB Financing Availability and FRB Discount Window credit line

Pledging and depledging of loan and securities collateral

Monitor collateral and responsible for monthly FHLB and FRB required reporting (submissions to regulatory agency)

• Routine liquidity stress testing and ad-hoc simulations
• Monitor and stay informed of monthly Banc and parent company financial performance
• Assist with budgeting process
• Oversee the interest rate risk management process, in conjunction with third party vendor

interpret and review of reporting, results, and strategies

• Lead Management ALCO meetings and discussions, responsible for keeping executive management and Board informed on relevant topics
• Monitor competitor pricing and wholesale and borrowing cost trends
• Manage internal audits for function areas
• Collaborate with other departments i.e. Operations, Credit to align and execute Banc objectives
• Lead Board ALCO monthly reporting
• Establish and enhance governing policy documents and procedure 

Education/Certification :

• Bachelor's degree in Accounting, Finance or related discipline.
• CPA preferred.

Experience/Key Competencies :

• 5 years of progressive accounting or public accounting firm experience.
• Direct banking industry experience is required.
• Proficient in MS Office products, specifically Excel, and accounting software programs. FIS, AvidXchange (BankTel)
• Expert knowledge of accounting and financial principles, banking regulations, and best practices.
• Self-reliant, , results oriented, excellent judgment and creative problem solving skills including negotiation and conflict resolution skills
• Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives
• Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively

Working Conditions/Physical Requirements : Office environment; minimal travel requirements.

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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