Description:
About us: ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we're builders of businesses, communities, and equity. Most importantly, we're building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.
ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry's future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.
People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at a better place to be.
ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.
About this role: The Strategic Treasury Officer will report directly to the bank's Treasurer and will be responsible for overseeing interest rate and market sensitivity modeling, liquidity management, budgeting, and strategic planning. In addition, the prospective bank officer will be a critical player in the Bank's development of an enterprise-wide stress testing framework.
In this role you will: - Support the Bank's People First focus and rules of engagementmaintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB A Better Place to Be.
- Asset liability management: Including conducting regularly scheduled and ad hoc interest rate and market sensitivity modeling, commensurately producing comprehensive reporting results and providing output through the Bank's governance structures.
- Daily liquidity and funds management, stress testing and reporting
- Review reports for accuracy and reasonableness as needed
- Monitor asset liability management, liquidity and funding policies and thresholds
- Prepares, reviews, and leads all aspects of regular budgeting and forecasting along with commensurate reporting
- Processes or review results for other internal stress test analysis as required
- Develop, document, and maintain guidance and rule interpretations for liquidity related US regulatory rules and any reporting requirements
- Support and further strengthen internal liquidity program
- Regularly participate in meetings with Risk Management, Internal Audit, and other key stakeholders
- Internal projects as needed.
Desired Abilities and Skills: - Strong People First interest and ability.
- Expertise in capital markets
- Expertise in interest rate swaps and other derivatives.
- Management of interest rate risk, modeling and forecasting cash flows.
- Liquidity oversight and wholesale funding experience.
- Financial planning and budgeting. Implementation of related systems.
- Understanding and general knowledge of Federal Reserve Open Market Actions, implications of domestic and global data. Familiarity with the impact these may have on corporate results.
- Understanding of bank financial statements and generally accepted accounting principles (GAAP)
- Knowledge of capital and liquidity stress testing and enterprise-wide stress testing
- Working knowledge of credit risk.
- Ability to meet deadlines and complete projects effectively and independently
- General knowledge of the banking industry and related regulations.
- Basic knowledge of Bloomberg LP system- modeling and monitoring.
- Minimum 10 years' experience at a bank or financial institution.
Bonus Points For: - Ability to handle multiple projects/tasks at once.
- Ability to perform/interrupt financial analysis, valuations, ratios, and forecasting.
Additional information Benefits:
- World class health, vision, and dental benefits on day one
- 401k with employer match
- Hybrid work from home (depending on role)
- Employee appreciation events (team building, softball games, food truck days, etc )
- Employee assistance programs (EAP)
- Wellness programs (flu shot, preventive care, health programs and services discounts, etc )
- Tuition reimbursement
- Employee Discount perks
- CNOB Community Service Events
.and much, much more!
Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us a better place to be!
ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.
ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.
Requirements:
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