Corporate Treasurer

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.

SUMMARY

The Corporate Treasurer's responsibilities include the purchase and sale of investment securities, investment portfolio management, liquidity and cash management, and asset and liability management.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job.
• Manages and develops direct reports, promoting teamwork, collaboration, and continuous improvement.
• Acts as Vice-Chair of the Management's Asset Liability Committee (ALCO)
• Manages the Bank's investment portfolio, in conjunction with CFO and ALCO, by establishing policies and strategies for the investment portfolio, including the following responsibilities:
  1. Portfolio analysis
  2. Trade execution and processing within bond accounting systems
  3. Credit analysis
  4. Broker approval and on-going monitoring
  5. Management reporting
• Provides for the daily liquidity needs of the bank through the management of cash and due from accounts, security settlements, payment draw downs, public funds, wholesale deposits, and borrowings.
• Develops and tests liquidity contingency plans under various degrees of severity, working with the quantitative modeling team to model various strategies
• Manages daily collateral needs of the Bank for pledging and borrowing
• Manages the Bank's correspondent banking relationships and accounts
• Manages the Bank's interest rate risk, in conjunction with CFO and ALCO, including collaboration with the quantitative modeling team to model various strategies
• Manages strategies and performance of derivative instruments within established policies and procedures
• Provide, present, and promote the Citizens Experience to all external and internal customers.
• Other duties as assigned.

SUPERVISORY RESPONSIBILITIES

This position has supervisory responsibilities. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

• Bachelor's Degree in Accounting, Finance, Economics, Statistics, or another related field of study is required.
• 10 or more years of work experience in related areas associated with treasury management, including 5 or more years in banking.
• 3 or more years of experience managing staff of at least 2 employees.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations and bar graphs.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

COMPUTER & SOFTWARE SKILLS

To perform this job successfully, an individual should have experience working with a Bloomberg Terminal, as well as strong knowledge of Microsoft Office including Word, Outlook and Excel software.

CERTIFICATES, LICENSES, REGISTRATIONS

N/A

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the associate is regularly required to talk or hear. The associate is frequently required to stand; walk; sit; and use hands and fingers to handle or feel. The associate is occasionally required to reach with hands and arms, and stoop, kneel, crouch or crawl. The associate is regularly required to operate a computer keyboard, mouse, calculator and telephone and reach with hands and arms. The associate must occasionally lift and/or move up to ten (10) pounds.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is usually moderate.

Salary Range:$191,292.00 To $286,938.00 Annually