Summary

This position is responsible for the senior management of the Bank’s ALM Division and its outsourced interest rate risk modeling and advisory function. Duties include providing leadership, direction, coordination, support, interest rate risk management expertise, and standards and practices to ensure the overall success of the Bank’s outsourced ALM reporting service; working with Executive Management and Human Resources to ensure that the Division is properly staffed with qualified personnel; assessing and identifying staffing needs and overseeing recruitment efforts for new staff to support current customer requirements and further service expansion; reviewing and refining standards and practices on an ongoing basis to ensure that the Bank is delivering an exceptional product and customer experience, identifying ways to enhance or expand the ALM offering and/or create other pertinent interest rate and liquidity risk management related offerings that will benefit customer banks.

The position assures compliance of all Division personnel with all Bank policies and procedures and applicable state and federal banking regulations as appropriate.

Essential Duties and Responsibilities:

• Develop and maintain, in cooperation with senior managers of the Bank and its affiliates, ALM related services that will address and satisfy the ongoing needs of Bank’s community financial institution members and customers. • Attract, retain, and effectively manage a team of qualified professionals responsible for providing high quality ALM, risk assessments, and related services for client financial institutions • Direct and coordinate the efforts of Division staff in the performance of outsourced interest rate risk modeling and forecasting services and participate as needed to assess staff performance, to assure product quality, and to support or reinforce delivery of reports, assessments, and recommendations to client bank management and other personnel. • Review ALM reports and documentation from Division personnel as necessary to assure accuracy of information, quality of presentation, and adherence to Bank standards. • Serves as the Bank’s primary contact and subject matter expert for ALM concepts, interest rate risk and liquidity risk related questions posed by internal Bank staff and client banks. • Provides supervision and support to all assigned areas of the ALM Division where service or assistance is needed. • Participates in planning and establishing growth and budgetary goals for the Division to ensure its profitability. • Develops and maintains knowledge of the financial services industry, economy, market conditions, regulatory environment, vendors and competition. • Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees. • Responds to inquiries or refers inquiries to the appropriate department or person; exhibits the necessary follow through with customers and/or staff involved. • Assumes responsibility for special projects as may be assigned by the CEO, COO or other members of Executive Management. • Represents the Bank at professional and customer relations functions to further enhance the Bank's image and develop additional business; assists the Bank in establishing and maintaining market position in the correspondent banking arena. • Monitors staff in daily tasks, operations and quality control; ensures the organization of assigned departments, coordinating available resources (e.g., staff, materials, etc.) for maximum results. • Plays a positive role in the development and growth of assigned department staff through strong leadership, excellent communication skills, both verbal and written, along with strong delegation skills assuring a highly cross-trained staff. • Performs administrative duties including approval of expense reports, verification of subordinate attendance records, performance appraisals, disciplinary actions, recruiting and interviewing candidates for employment; hiring new employees, effective delegation of assignments, ensuring timely delivery of reports and invoices, developing work schedules and providing necessary training and continuing education plans. • Assumes responsibility for various department functions in the absence of staff members or in overload situations.

Flexible work from home options available.