Treasurer ~ Boston, MA

Principal Objective

Manage the BHC and Bank Treasury functions, including investment, liquidity and funding activities. Responsible for all ALM modeling and reporting, internally and externally. Responsible for Treasury-related accounting, and regulatory SEC and reporting.

Principal Duties and Responsibilities

Treasury Functions

• Manage investment portfolios within established parameters and risk limits. Execute purchase and sale transactions, managing call activity, reinvesting cash flows and pledging securities to meet collateral requirements.
• Monitor and control market and credit risk of investment portfolios.
• Manage corporate-wide liquidity needs through wholesale funding activities with overall objective of obtaining lowest cost funding while maintaining appropriate levels of liquidity and interest-rate risk. Provide support and advise re: sweep and repo products.
• Manage any hedging activities including bank and customer-specific interest-rate swap programs.
• Develop and maintain policy and procedures that govern Treasury Department activities.
• Monitor and ensure compliance with applicable regulations and agency advisories ensuring department activities meet recognized industry standards and regulatory expectations.

ALM and ALCO Processes

• Supervise corporate-wide asset/liability modeling processes with emphasis on maintaining interest-rate risk model that meets the corporation's and bank, regulatory and industry standards.
• Analyze and report on interest-rate sensitivities of balance sheet including net interest income simulations and economic value of equity under various interest-rate scenarios.
• Provide pricing support for deposit gathering and lending activities.
• Produce management reports and portfolio analysis for Executive Management presentations, including Asset Liability Committee and Board of Directors meetings.

Other

• Develop and maintain policy and procedures that govern Treasury Department activities.
• Provide support for the corporation's strategic and budgetary processes.

Job Specifications (Skills, Knowledge and Abilities Required)

• Bachelor's degree in Finance required; Master's degree desired.
• Three (3) + years of banking experience preferred with a focus in asset/liability and/or budgeting disciplines in the banking industry.
• Requires the ability to think strategically coupled with superior analytical and organizational skills.
• Proven familiarity with financial institution products, business lines, policies and procedures.
• Familiarity with data warehouse systems, as well as computer programs and applications used by the accounting and reporting departments.
• Ability to work within deadlines and provide reports on a timely basis.
• Ability to function effectively as a hands-on, self-starting individual contributor as well as a supervisor, who assigns, monitors and evaluates the work of staff members and provides training when necessary.
• Sound knowledge of managerial accounting, cost accounting and budgeting. Aptitude with computer software (General Ledger, MS Word, Windows and Excel).

Behavioral Skills

• Consistently demonstrate behaviors associated with Brookline Bancorp's Core Four values: adaptability, accountability, leadership, and teamwork.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.