Assistant Finance Officer

Passumpsic Savings Bank is looking for a bright, energetic and highly motivated individual to join our organization as an experienced Assistant Finance Officer at our St Johnsbury Center office.

The right candidate will be responsible for working with and assisting the Chief Financial Officer in maintaining certain financial records of the Bank and is involved in various other finance department reporting and committee requirements. Other areas of responsibilities include assistance or support with the asset and liability positions of the Bank, fixed income purchase and sales within portfolio management, monitoring of liquidity and borrowing positions, financial modeling support, customer intelligence, dashboard reporting, and other financial affairs of the Bank. Position will cross-train and serve as backup to other department positions as assigned.

Essential Job Responsibilities :

Organizing Community Investments distributions and reporting

Manage customer, product, and branch profitability reporting and analysis

Develop and manage financial dashboard reporting (using industry tools such as Tableau, Klarvis or other database software)

Lead on deposit and loan analytic platforms for pricing and trends (include Deposit 360 and introduce Loan 360 or comparable systems)

Support the financial and reporting functions within the finance department as assigned

Assist the CFO in financial analysis or review as needed

Assist in bank financial projections for business lines, growth goals, yield and margin review or other projections as needed.

Involvement in the review of fixed income investments and preparation of documents for investment purchase and sale. Active involvement in pre-purchase analysis, due diligence, maintenance of quarterly reviews with CFO and committees, and performance metrics

Oversee cash flow monitoring, forecasting, including liquidity positions and manage liquidity contingency modeling and stress tests

Assist and work with CFOto prepare applicable asset and liability management (ALM) reports and maintain various assumption modeling for group meeting and review

Prepare Board of Director and management reports, as assigned

Evaluate and research debt funding alternatives and programs for use in funding growth and loan demand. Provide recommendations to management for changes in funding structures

Involvement with the preparation of deferred tax, tax planning, analysis of tax credit purchases Support various strategic plan initiatives and timelines in a project lead or data support role. Primary areas include customer profitability analysis, branch profitability and development of business line profitability reporting

Assist in maintaining records and reporting of Passumpsic Bank Charitable Foundation

Involvement in various regulatory, internal, or external audit and reporting as assigned

Qualifications

Finance or Business degree minimum with four years experience in banking, financial, or accounting related fields preferred. Banking and / or tax experience are preferred but not required. The following skills are needed for this position :

Excellent analytical and financial reasoning skills.

Must be technologically proficient in Google and business suite products and have the ability to learn and utilize new technologies relative to data management and reporting.

A candidate must possess strong organizational skills, ability to adapt to changes, and ability to communicate and prioritize work.

Well developed verbal and written communication skills.

Accurate with problem solving, conceptual reasoning and knowledgeable of or ability to research and apply related laws and regulations.

Willingness to work and train with others

Ability to work effectively in both independent and team settings

Willingness to take on new responsibilities and assignments

Ability to manage and meet deadlines with accuracy.

Ability to manage and coordinate multiple projects

We offer competitive wages, strong benefits, Insurance, 401(k) with company match, paid earned time off, paid training, and more