Treasury Assistant
4 weeks ago
Job Summary: The Assistant Treasurer is a key member of the bank's treasury team, responsible for supporting the direction of the bank's asset-liability management (ALM) program, investment portfolio, liquidity risk management, and capital planning and reporting.
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 models, aligning short- and long-range financial targets.
- Manage relationships with external institutions related to sourcing and managing liquidity.
- Assist in the development of pricing strategies for loans and deposits, providing support and development of analytics and reporting to provide leadership for commercial and consumer loan and deposit pricing.
- Support the ALCO process, providing appropriate information and documentation to enact effective asset-liability strategy and policy compliance.
- Report on the bank's loan and security collateral for borrowing capacity purposes, and facilitate the transfer of collateral.
- Retrieve and manipulate data from multiple sources, producing relevant analyses and charts at the request of senior management.
- Assist in hedging and capital market transactions that support the bank's asset-liability and capital management strategies.
- Ensure compliance with internal controls, policies, and procedures.
- Assume 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 preferred.
- 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.
- 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: Veritex Bank is a leading community bank in Texas, committed to truth, transparency, and integrity. We prioritize the growth and development of our team members, fostering a culture of authenticity and talent.
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.
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