What are the responsibilities and job description for the Assistant Treasurer position at Veritex Community Bank?
Job Summary:
The Assistant Treasurer is responsible for supporting the direction of the bank's ALM program, the investment portfolio, liquidity risk management, and capital planning and reporting. The candidate works directly for the Treasurer and must be a hard-working, team-player, solution-oriented individual. The Assistant Treasurer will also work closely with the CFO, Finance Team and other senior professionals of the Bank to review and evaluate a wide range of topics. The position is responsible for articulating perspective on current economic and investment outlook and effective communication with management, the bank's production teams, auditors and regulators.
Responsibilities and Duties:
- Develop and implement investment strategies in the Bank's investment portfolio that meet or exceed performance and compliance expectations
- Maintain cash and liquidity forecasting model, aligning short- and long-range financial targets
- Manages relationship with the Federal Home Loan Bank, Federal Reserve, Brokered Deposit Network, Correspondent Banking, and other institutions related to sourcing and managing liquidity
- Assist in the development of pricing strategies for loans and deposits. Provide support and development of analytics and reporting to provide leadership for commercial and consumer loan and deposit pricing.
- Support ALCO process, providing appropriate information and documentation to enact effective asset/liability strategy and policy compliance
- Reports on the bank's loan and security collateral for borrowing capacity purposes. Also, facilitates in the transfer of collateral.
- Retrieve and manipulate data from multiple sources and produce relevant analyses and charts at the request of the Treasurer, CFO and other senior management
- Assist in hedging and capital market transactions that support the bank's asset/liability and capital management strategies.
- Ensures compliance with internal controls, policies, and procedures
- Assumes responsibility for related duties as required or assigned
Job Skills and Qualifications:
- Bachelor's degree in Finance, Economics or other quantitative disciplines required. MBA or master's degrees in Finance or other quantitative disciplines is a plus.
- 5-10 years of experience in the financial industry, with specific experience in the banking industry strongly preferred.
- Experience with fixed income mathematics, portfolio theory, analytical and portfolio management models.
- Must have strong proficiency with Microsoft Office suite, with advanced Excel skills strongly preferred.
- Experience with Bloomberg software is a significant plus.
- Experience with PrecisionLender software is a plus.
- Excellent problem-solving skills.
- Strong technical and analytical skills.
- Able to organize, coordinate, and direct projects.
- Solid oral, presentation and written communication abilities
- Strong work ethic with solutions-minded and team-oriented character
Company Overview:
Truth in Texas Banking. That's what we're about. Founded in 2010, we are one of the ten largest banks headquartered in the state of Texas. We became a publicly traded company in 2014 and in 2020 and 2021 we were listed on Fortune's 100 Fastest Growing Companies. Headquartered in Dallas, Texas, we've built a bank forever rooted in truth, transparency, and uncompromising integrity.
We know our strongest asset is the passion, authenticity, and talent of our people. We focus on the growth and development of each team member to unlock potential to "Be Your True Self." Our "True You" culture is made up of five pillars:
- Be Mindful
- Be Healthy
- Be Better
- Be Prosperous
- Be Faithful
With this as our foundation, we've built a bank of people who are transparent, tell the truth, and act with integrity. We unite together in common purpose - caring deeply for our clients and communities, communicating openly with each other, and treating everyone with respect. Visit our website at www.VeritexBank.com and come see how we're bringing truth and transparency to Texas banking.
Veritex Community Bank does not accept unsolicited resumes from recruiters or employment agencies. Veritex Community Bank is under no obligation to pay any referral compensation or recruiter fee in the absence of a current executed Recruitment Services Agreement. In the event a recruiter or agency submits an unsolicited resume or candidate without an agreement, Veritex reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Veritex Community Bank.
If your agency would like to be considered as a potential future recruiting partner, please leave your contact information at Recruiting@VeritexBank.com.
Work environment and Physical demands: The employee may occasionally lift and/or move up to 25 pounds. The employee may occasionally stand, walk, reach, climb, balance, stoop, kneel, crouch, or crawl. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Disclaimer: This job description is not an inclusive list of all duties and responsibilities of the position. Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Veritex Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. Veritex Community Bank is an equal opportunity employer. Veritex Community Bank Corporate Human Resources, Dallas, Texas.
We are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. The information collected by this application is solely to determine suitability for employment, verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on the Company. Please inform the Company's personnel representative if you need assistance completing any forms or to otherwise participate in the application process.
- Pay Type Salary
- 8214 Westchester Dr, Dallas, TX 75225, USA
