Treasury Manager

Job Title

Treasury Manager

Banesco USA is seeking a Treasury Manager for our Treasury Business Unit.

Primary Job Duties:

• Develop and support the Treasurer implement strategies to optimize the bank's balance sheet, ensuring liquidity, profitability, and risk management objectives are met.
• Monitor and manage the bank's asset and liability mix to maintain a desirable funding profile.
• Determine and analyze interest rate exposure and develop strategies, including the use of interest rate derivatives, to mitigate potential losses.
• Oversee the bank's liquidity position and ensure compliance with regulatory requirement and internal limits. Responsible for coordinating collateral management and wholesale funding.
• Monitor market conditions and economic indicators to assess their impact on the bank's risk profile.
• Identify, assess, and manage interest rate risk, credit risk, and liquidity risk associated with the bank's balance sheet.
• Develop and maintain relationships with financial institutions and counterparties.
• Ensure compliance with all applicable regulatory requirements related to asset and liability management, including capital adequacy, liquidity, and interest rate risk.
• Support the Treasurer preparing regular reports for ALCO, Board of Directors, or any other forum on the bank's asset and liability and liquidity positions, risk exposures, and financial performance.
• Analyze financial data to identify trends, challenges, opportunities, and potential risks.
• Update Treasury policies and procedures, in subjects related to the Treasury Manager functions.
• Update contingency funding plan and liquidity stress testing periodically aligned with market best practices.
• Responsible for completing annual training program assigned.
• Performs other functions and/or duties as assigned.

Job Requirements:

• Education: Bachelor's degree in Finance, Economics, or Engineering. MBA and/or CFA preferred.
• Experience: five (5) or more years of experience in Banking, Financial Services, with ALM and liquidity analytical roles.
• Knowledgeable about financial markets/instruments and how to mitigate relevant financial risk.
• Highly skilled in interest rate risk modeling. Expert with Empyrean ALM modeling, loading data, assumptions and analyzing results.
• Proficient in financial modeling and data analysis tools (advanced Excel, Word, Power Point and Bloomberg)
• Understanding of financial markets, economic principles, relevant Treasury functions, policies, guidelines, and reporting.
• Excellent communication, written and verbal, with the ability to present complex information concisely.
• Able to thrive in a collaborative work environment and effectively communicate complex financial concepts to both technical and non-technical audiences.
• Strong analytical and problem-solving skills are essential, with the ability to identify and manage risks proactively.
• Excellent time management and the capacity to prioritize tasks in a fast-paced environment are crucial.
• A meticulous attention to detail and strong work ethic are necessary for ensuring data accuracy and report quality.
• Must be fluent in English. Proficiency in Spanish is preferred.
• Ability to work independently under minimum supervision and being a proactive learner.

Benefits:

• Competitive Salary.
• PTO
• Hybrid Work Model (remote and on-site work)
• Tuition Reimbursement.
• Paid Parental Leave
• Medical, Dental, Vision
• 401k
• Life Insurance
• Supplemental Insurances
• Short-Term & Long-Term Disability

About Us:

Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 15 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today's world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.

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