Treasurer

First Century Bank•Commerce, GA

About The Position

This individual is responsible for managing the Bank's treasury management activities; specifically, all Bank discretionary assets and liabilities including the investment portfolio and all market sourced funding, the Bank's strategic modeling and asset/liability management function. Successful individuals will be hands on in the performance of the role as an individual contributor working with the Chairman, President/CEO, and CFO. This individual would also be responsible for providing corporate-wide market related information, determining funding costs for corporate loans and funds transfer pricing, executing derivative strategies for A/L management and exercising oversight for retail loan and deposit pricing.

Requirements

Bachelor's Degree in Finance, Management, or Accounting.
5+ years of experience Banking within a Treasury role demonstrating financial and planning analysis, and modeling experience, and strong banking and asset liability management knowledge.
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.
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. Utilizing analytical skills to evaluate programs and products to determine profitability and pricing.
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.
To perform this job successfully the individual would have experience working with an outside agency on the ALCO Model, and have the computer skills to pull the relevant reports from the Jack Henry system, or other core banking system.
Expertise in Word and Excel are also required.

Nice To Haves

Certificates focused on Asset Liability Management, Investment strategies, and Market Risk Sensitivity reporting and management would be a plus.
An ability to travel to the Commerce and/or Alpharetta office with on a weekly basis would be a plus.

Responsibilities

Reviews all Treasury policies and procedures to make recommendations for enhancement of these documents consistent with best business practices and consistent with regulatory requirements.
Maintains knowledge of banking laws, regulations and changing Asset Liability and Treasury practices.
Prepares periodic regulatory reports and reports for senior management and the Board.
Working with the CFO to ensure coordination of Accounting tasks regarding Asset/Liability function and investment portfolio accounting.
Utilize business intelligence and data analytics to Analyze and recommend capital structure strategies; evaluate and execute capital markets transactions; oversee the transfer and paying agent activities regarding the Company's debt and equity securities.
Monitor cash position to cover cash commitments; coordinate movement of excess cash to and from investment accounts. Execute overnight borrowing and investment of corporate liquidity. Manage correspondent banking relationships.
Work together with Chairman and CEO to evaluate investment growth, shrinkage, and restructuring strategies, ensuring that they are designed to meet liquidity, balance sheet management, income, tax, policy and regulatory parameters.
Reviews, educates and consults with other members of senior management and Board regarding economic and financial market conditions, and risk and balance sheet management issues.
Manage ALCO reporting for the Board ALCO.
Develops and maintains relationships with the investment community and stays informed of new developments in the money and capital markets.
Research and make recommendations to management on investments and loans for short- and long-range financial plans.
Complete project based financial analysis on programs and products within the bank to ensure appropriate pricing and positioning of these programs and products.
Performs such other duties as may be assigned or which inherently or logically belong with the position.
Exemplifies FCB's values while carrying out its mission and organizational goals and priorities.