What are the responsibilities and job description for the Corporate Treasurer position at SelectOne?
About the Company Hiring: A community-focused financial institution headquartered in Central New York, providing personal and business banking services with an emphasis on local economic growth and customer relationships.
About the Role: The Corporate Treasurer is a strategic role that will oversee investment portfolio management, liquidity and cash flow, capital planning, asset-liability oversight, and funding strategies. This high-impact leadership position is crucial for strengthening the company’s financial standing while ensuring adherence to regulatory requirements and long-term sustainability.
Key Responsibilities:
- Maintain compliance with financial regulations, internal controls, and risk management frameworks.
- Supervise corporate treasury functions, including cash flow management, investments, and credit operations.
- Design and implement capital and funding strategies to enhance liquidity and support growth.
- Assess and recommend capital structure solutions to improve efficiency and reduce risk exposure.
- Analyze borrowing capacity and oversee debt financing, lender relations, and financial transactions.
- Prepare reports and contribute actively to Asset Liability Committee meetings.
- Manage the Bank’s investment portfolio, handling portfolio analysis, trade execution, credit evaluation, and broker relationships.
- Ensure daily liquidity needs are met by monitoring cash flow, managing security settlements, and overseeing borrowings.
- Develop and test contingency plans for liquidity under varying market conditions.
- Lead interest rate risk management efforts and collaborate with modeling teams on mitigation strategies.
- Supervise and mentor a team of up to three direct reports.
Qualifications
- At least 5 years of experience in banking or financial services, with a focus on treasury or portfolio management.
- In-depth knowledge of banking regulations, including Basel III and U.S. regulatory requirements.
- Proficiency in portfolio management, capital planning, and financial risk assessment.
- Strong understanding of monetary markets, investment strategies, and funding structures.
- Exceptional analytical, strategic thinking, and decision-making skills.
- Strong leadership and communication abilities, with experience working with stakeholders at all levels.
- Bachelor’s degree in Finance, Economics, Accounting
Salary: $115,000-$135,000 plus bonus
Salary : $115,000 - $135,000
