Treasurer

First Century Bank•Commerce, GA

15h

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. Essential Duties and Responsibilities include the following. Other duties may be assigned. 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. Supervisory Responsibilities No Supervisory Responsibilities Competencies To perform the job successfully, an individual should demonstrate the following competencies: Change Management - Develops workable implementation plans; Communicates changes effectively; Builds commitment and overcomes resistance; Prepares and supports those affected by change; Monitors transition and evaluates results. Quality Management - Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness. Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals. Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue ; Conserves organizational resources. Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values. Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity. Strategic Thinking - Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Analyzes market and competition; Identifies external threats and opportunities; Adapts strategy to changing conditions. Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions. Communication - Superior communication skills required. Ability to develop and implement reporting tools, and management tools in order to accurately monitor the company's financial status and convey that status to the President/CEO and the Board of Directors. Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs work flows and procedures. Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics. Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed. Dependability - Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary to reach goals; Completes tasks on time or notifies appropriate person with an alternate plan. 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 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. 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, 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. 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 Skills 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. Certificates, Licenses, Registrations Certificates focused on Asset Liability Management, Investment strategies, and Market Risk Sensitivity reporting and management would be a plus. Other Skills and Abilities An ability to travel to the Commerce and/or Alpharetta office with on a weekly basis would be a plus. Other Qualifications Physical Demands The physical demands described here are representative of those that must be met by an employee 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 employee is regularly required to sit and use hands to finger, handle, or feel. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk and talk or hear. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. Work Environment The work environment characteristics described here are representative of those an employee 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 noise level in the work environment is usually moderate.

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
experience working with an outside agency on the ALCO Model
have the computer skills to pull the relevant reports from the Jack Henry system, or other core banking system
Expertise in Word and Excel

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

managing the Bank's treasury management activities
managing all Bank discretionary assets and liabilities including the investment portfolio and all market sourced funding
managing the Bank's strategic modeling and asset/liability management function
providing corporate-wide market related information
determining funding costs for corporate loans and funds transfer pricing
executing derivative strategies for A/L management
exercising oversight for retail loan and deposit pricing
reviewing all Treasury policies and procedures to make recommendations for enhancement of these documents consistent with best business practices and consistent with regulatory requirements
maintaining knowledge of banking laws, regulations and changing Asset Liability and Treasury practices
preparing 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
utilizing business intelligence and data analytics to Analyze and recommend capital structure strategies
evaluating and executing capital markets transactions
overseeing the transfer and paying agent activities regarding the Company's debt and equity securities
monitoring cash position to cover cash commitments
coordinating movement of excess cash to and from investment accounts
executing overnight borrowing and investment of corporate liquidity
managing correspondent banking relationships
working 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
reviewing, educating and consulting with other members of senior management and Board regarding economic and financial market conditions, and risk and balance sheet management issues
managing ALCO reporting for the Board ALCO
developing and maintaining relationships with the investment community and stays informed of new developments in the money and capital markets
researching and making recommendations to management on investments and loans for short- and long-range financial plans
completing project based financial analysis on programs and products within the bank to ensure appropriate pricing and positioning of these programs and products
performing such other duties as may be assigned or which inherently or logically belong with the position
exemplifying FCB's values while carrying out its mission and organizational goals and priorities