Job Description

Position Summary:

The Treasury Manager is responsible for overseeing key financial operations, including treasury management, liquidity planning, investment portfolio oversight, and financial reporting. This role ensures proper management of the bank’s cash flow, funding strategies, and asset/liability balancing.

Reporting to the Chief Financial Officer (CFO), the Treasury Manager plays a vital role in maintaining the bank’s financial health, regulatory compliance, and risk management strategies, while also supporting budgeting, forecasting, and financial planning efforts.

Essential Duties and Responsibilities: 

Treasury & Liquidity Management

• Monitor and manage the bank’s cash flow, liquidity position, and funding sources to ensure financial stability.
• Oversee daily cash position reporting and forecasting, optimizing cash usage for operational and strategic needs.
• Manage the bank’s short-term and long-term borrowing strategies, ensuring efficient cost of funds.
• Ensure compliance with liquidity regulations and stress testing requirements.

Investment & Asset/Liability Management (ALM)

• Assist the CFO in managing the bank’s investment portfolio, ensuring regulatory compliance and optimal returns.
• Support Asset/Liability Committee (ALCO) meetings, providing insights on interest rate risk and balance sheet strategy.
• Conduct interest rate risk analysis and make recommendations for balance sheet optimization.

Financial Reporting & Accounting Oversight

• Support financial statement preparation and regulatory reporting, including Call Reports and FDIC filings.
• Ensure compliance with GAAP, internal controls, and banking regulations.
• Assist in month-end and year-end closings, including reconciliations, accruals, and adjustments.
• Prepare supporting documentation and inputs for the CECL model. Collaborate with the Credit Staff to ensure appropriate information is captured within the quarterly estimate.

Budgeting & Financial Planning

• Assist in the preparation and management of the annual budget and financial forecasts.
• Analyze financial performance trends and variances to provide strategic recommendations.
• Support capital planning and financial modeling for growth initiatives.

Risk Management & Compliance

• Ensure compliance with federal and state banking regulations, including FDIC, ODFI, and Federal Reserve requirements.
• Work closely with the Director of Compliance to assess financial risks.
• Maintain and enhance internal controls to safeguard financial assets.

Audit & Tax Support

• Assist with external and internal audits, ensuring timely responses and resolution of audit findings.

· Prepare the company’s federal and state income tax estimate.

• Support the preparation of tax filings and compliance documentation.
• Work closely with auditors, regulators, and external consultants on financial matters.

Leadership & Support

• Serve as a key financial advisor to the CFO and executive team, providing insights on financial strategies.
• Support external audits, internal audits, and regulatory exams, ensuring timely and accurate responses.
• Collaborate with department leaders to improve financial operations and efficiency.

Supervisory Responsibilities:

☐ Yes ☒ No

Work Experience Qualifications:

Minimum of 5+ years of experience in financial management, treasury, or accounting, preferably in a banking environment. FDICIA and SOX control environment exposure preferred.

Preferred Skills and Qualifications:

• Strong understanding of bank treasury management, ALM, liquidity risk, and regulatory reporting.
• Proficiency in financial analysis, forecasting, and investment management.
• Knowledge of GAAP, bank financial regulations, and financial risk assessment.
• Strong leadership and problem-solving skills.
• Proficiency in accounting software, financial modeling tools, and Microsoft Office (Excel, Word, PowerPoint).

Education Requirements:

Bachelor’s degree in Accounting, Finance, or a related field.

Licensing or Certification Requirements:

CPA, CFA, or CTP preferred

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