Director, Treasury - Asset Liability Management

GreatAmerica Financial Services•Cedar Rapids, IA

3d•Hybrid

About The Position

GreatAmerica Financial Services is a highly successful entrepreneurial company providing equipment financing to businesses across the United States. Our exemplary customer service, our principle-centered business philosophy and our team-based operating approach are key to our success and growth. We Are Looking to Add a Key Member to Our Treasury Team! GreatAmerica’s Treasury team is a highly successful team of finance professionals that have helped to drive GreatAmerica’s success for over 30 years. As GreatAmerica expands to become a bank, we are looking to add an experienced banking professional to our Treasury team. The Director, Treasury – Asset Liability Management will work collaboratively within the Treasury team, across GreatAmerica functions, and with third-party resources in the development and execution of key areas such as asset liability management, interest rate risk management, management of the investment portfolio, liquidity risk management, and hedging. This position will actively contribute to the company’s strategic goals through application of finance, investment, and banking knowledge. In this role, the individual will play a meaningful role in developing and maintaining strong relationships with GreatAmerica’s key outside constituents (e.g., banks, regulators, and other third-party relationships).

Requirements

Education: Bachelor’s degree in Accounting or Finance (or related field)
Experience: Minimum of 8 years in Treasury or Finance roles in a bank environment
Skills and Abilities Strong analytical and financial modeling skills; proficiency in Excel, ERP/TMS systems
Strong business acumen. Ability to understand the underlying business issues
Problem solving attitude, with focus on improving processes with a disciplined approach
Demonstrated self-starter who is goal oriented and a critical thinker
Must be able to multi-task and have a combination of organizational and analytical skills
Effectively displays exceptional leadership skills and the ability to influence without authority
Strong sense of urgency and follow through in addressing issues
Excellent interpersonal and relationship building skills to build credibility
Exceptional communication skills (both verbal and written)
Demonstrated ability to apply exceptional business judgment while appropriately balancing competing business interests
Strong project management skills
Computer Skills: Microsoft Office Suite (Excel primarily) experience a must

Nice To Haves

Advanced degree preferred
CFA and/or CTP certification is highly desirable
Other Requirements: Bloomberg terminal experience highly desired

Responsibilities

Asset Liability Management (ALM) and Interest Rate Risk (IRR) Management Lead and manage the third-party relationship(s) and administration of ALM processes and procedures
Coordinate with third-party resource(s) in the preparation of monthly and quarterly reports to senior leadership, the Asset Liability Management Committee (ALCO), and the Board summarizing the company’s IRR and liquidity positions
Oversee and support the development of reports, presentations, and models to demonstrate the impact of balance sheet strategies on liquidity, interest rate risk, earnings, credit, and capital
Collaborate with third-party resources and GreatAmerica leadership to analyze and validate modeling assumptions such as deposit betas, decay rates, and loan prepayment speeds to ensure model integrity
In partnership with third-party resources, analyze ALM model back-testing results to evaluate performance and improve forecast accuracy
Develop and provide analytical support for deposit and loan rate strategies that align with the company’s policies, senior leadership, ALCO, and Board objectives
Assist leadership in reviewing compliance with and proposing changes when appropriate to asset liability and interest rate risk policies
Liquidity Risk and Hedging Coordinate with third-party resource(s) in the preparation and reporting of liquidity stress testing to senior leadership, ALCO, and the Board
Provide analytical support for the preparation of reports to senior leadership, ALCO, and the Board on the performance of hedging strategies to manage interest rate risk and other financial exposures
Assist in reviewing compliance with and proposing changes when appropriate to liquidity risk and hedging policies
Investment Portfolio Management Develop, maintain, and leverage knowledge of market trends to evaluate and recommend investment strategies in alignment with company policies and objectives
Support the execution of securities trades and settlement within the investment portfolio in accordance with policies, procedures, and risk limits
Oversee and deliver reporting to senior leadership, ALCO, and the Board on investment activities and the investment portfolio
Perform quarterly investment portfolio analysis to identify potential impairments through pricing spread analysis
Assist in reviewing compliance with and proposing changes when appropriate to investment policy

Benefits

Financial Benefits Competitive Compensation
Monthly Bonuses for Eligible Employees
401(k) and Company Match
Annual Profit Sharing
Paid Time Off
Health, Wellbeing, and Family Planning Benefits
Paid Vacation - starting at 80 hours annually for employees in their first year of service.
Paid Sick Days - Ten (10) per year with a conversion option for unused time.
Ten (10) Paid Holidays per year
Gym Reimbursement
Health Insurance
Dental Insurance
Vision Insurance
Short-Term and Long Term Disability
Company Paid Life Insurance
Flexible Spending Accounts (FSA)
Health Savings Accounts (HSA)
Employee Assistance Program
Parental Leave
Education and Career Planning Benefits
Tuition Assistance
Networking Opportunities
Leadership Development Opportunities
Perks Paid Parking
Service Awards
Hybrid work arrangements
Business casual environment
A strong organizational culture focused on our greatest asset: you!