What are the responsibilities and job description for the Financial Strategist position at Northern Bank?
About Northern Bank
Northern Bank is a full-service bank dedicated to providing practical financial solutions to help our customers achieve their goals. With assets of over $3 billion and 12 locations throughout Middlesex County, we offer a wide range of deposit products, loans, payment services, and collections services.
Job Summary
We are seeking a Senior Treasury Analyst to join our team. As a key member of the Treasury Team, you will be responsible for asset liability management (ALM) analytics and forecasting, interest rate risk measurement, liquidity stress testing, and balance sheet insights.
Key Responsibilities
- Act as the primary person responsible for ALM analytics and forecasting with keen attention to detail.
- Conduct interest rate risk measurement and liquidity stress testing using Empyrean Solutions software.
- Provide balance sheet insights and strategy recommendations supported by analytics.
- Prepare Treasury reporting for ALCO and other senior management meetings.
- Assist Treasurer with managing the cash position and collateral positions.
- Assist the Financial Planning and Analysis Department with balance sheet forecasting and net interest income projections for budgeting and capital stress testing.
Requirements
- 5-8 years of relevant experience in banking or financial services industries.
- Experience with Empyrean ALM and Liquidity Stress Testing models is strongly preferred.
- Strong computer skills with the ability to learn multiple software solutions and programming languages.
- Understanding of ALCO, liquidity, capital, and general financial statements.
- Proven ability to develop impactful presentations for senior audiences.
- BS degree preferred.
Estimated Salary Range: $90,000 - $120,000 per year
Northern Bank offers a competitive salary and benefits package, including opportunities for professional growth and development.
Salary : $90,000 - $120,000
