Assistant Treasurer Job in West Warwick 02893, Rhode Island US
Centreville Savings Bank
March 2012
Position: Assistant Treasurer
Department: Finance Department
Reports To: CFO
Summary: The Assistant Treasurer reports directly to the CFO / Treasurer and is responsible for the daily monitoring and management of the investment portfolio, and assists in the direction of interest rate risk management, funds management and the Bank’s budgeting process.
Duties and Responsibilities include the following. Other duties may be assigned.
· Participate in the Asset/Liability Committee
o Ensure quarterly interest rate scenarios are performed and properly documented
o Recommend and implement interest rate risk management strategies from ALCO
· Assist in the coordination and evaluation of the financial budgeting process and prepare and maintain budget to actual reporting continuously throughout the year
· Responsible for monitoring liquidity management by providing cash flow calculations
· Responsible for all correspondent banking relationships. Ensure compliance with Regulation F
· Maintain a contingency funding plan and associated borrowing sources for the Bank
· Write and maintain all policy documents and manuals required for the Treasury Function
· Responsible for the management of the Bank’s investment portfolio
· Maintain up-to-date Investment Policy, monitoring the investment portfolio for compliance and proper accounting.
Education and Experience
Bachelor’s degree in accounting or finance is required. CPA is preferred. A minimum of 5-8 years of progressive accounting experience is required. Experience within a financial institution and a minimum of 2 years of supervisory experience are also required.
Computer Skills
The incumbent must be proficient with Word, Excel and spreadsheets.
Other Skills/Knowledge
Must have excellent organizational and communication skills and a high level of analytical skills.
Reasoning Ability
Must have the ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Ability to interpret a variety of complex instructions furnished in written, oral, diagram, or schedule form. He/she must have the ability to read, analyze, and interpret financial reports and legal documents.
Salary Range: Commensurate with experience.
Centreville Bank offers a competitive salary and benefits package that includes medical and dental coverage, life insurance, disability insurance, a defined benefit pension plan, 401(k) plan, paid vacation and holidays.
For consideration, please forward resume and salary requirements to pstenberg@centrevillebank.com or mail to Centreville Bank, Human Resources, 1218 Main Street, West Warwick, Rhode Island, 02893.
Centreville Bank is an EEO / Affirmative Action Employer.