Corporate Treasurer

Job Type

Full-time

Description

Are you passionate about making a positive impact in your local community? Do you thrive in a dynamic, collaborative, and engaging work environment? If so, we have the perfect opportunity for you at Pathfinder Bank!

About Us: At Pathfinder Bank, we take pride in being more than just a financial institution. We are a community-focused bank, committed to building lasting connections in Central New York. As a key player in our Market, you'll have the chance to make a meaningful impact on the people and businesses in our community, while developing long-lasting, trusted relationships.

Why Join Us:

Community-Centric: Your role at Pathfinder Bank is about actively contributing to the growth and prosperity of the local communities we serve.

Collaborative Environment: Thrive in a fast-paced, collaborative, and engaging work environment where your ideas are valued, and teamwork is celebrated. We believe that together, we can achieve more.

Employee Support: We understand the dedication and hard work our employees put in, and we are committed to ensuring you feel supported, appreciated, and rewarded for your contributions.

Flexibility: Enjoy the flexibility of a family-friendly work environment that understands the importance of work-life balance.

What We Offer:

• A fulfilling and rewarding career with opportunities for growth and development.
• Competitive compensation and benefits package including paid holidays, paid time off, medical (including virtual care and work-life balance services), vision, and dental insurance, a 401K with a generous match, tuition reimbursement, banking discounts, and more!
• The chance to be part of a bank that believes in bringing out the best in its talent.

Summary/Objectives:

The Corporate Treasurer's is a critical member of the leadership team, responsible for investment portfolio management, liquidity and cash management, capital management, and asset-liability management, and funding strategy.

Essential Functions

Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job. Ensures financial transactions and reporting complies with company and government regulations.

Oversees administration of a corporate treasury, including cash management, investments, and credit.

Develop plans outlining company cash and financial needs and takes measures to mitigate corporate risk.

Analyzes and recommends optimal capital structure alternatives and roadmap to implementation.

Evaluates the company's borrowing capacity and optimal use of debt to finance future growth, focusing on current and future leverage metrics and rating agency implications.

Supports and manages financial structure, negotiating and executing financing transactions as needed, including bank facilities, debt financing, lenders, documentation review and covenants.

Prepares materials for and participates in the Management's Asset Liability Committee (ALCO).

Manages the Bank's investment portfolio, in conjunction with CFO and ALCO, by establishing policies and strategies for the investment portfolio, including the following responsibilities:

• Portfolio analysis
• Trade execution and processing within accounting systems
• Credit analysis
• Broker approval and on-going monitoring
• Management reporting

Additional Essential Functions

Provides for the daily liquidity needs of the bank through the management of cash and due from accounts, security settlements, payment draw downs, public funds, wholesale deposits, and borrowings.

Develops and tests liquidity contingency plans under various degrees of severity, working with external quantitative modeling teams to model various strategies.

Manages daily collateral needs of the Bank for pledging and borrowing.

Manages the Bank's correspondent banking relationships and accounts.

Manages the Bank's interest rate risk, in conjunction with CFO and ALCO, including collaboration with the quantitative modeling team to model various strategies.

Manages strategies and performance of derivative instruments within established policies and procedures.

Other duties as assigned.

Supervisory Responsibility

Up to 3 direct reports

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Minimum of 5 years of experience in banking or financial services, with at least 5 years in a treasury or portfolio management role.
• Deep knowledge of banking regulations, including Basel III and U.S. regulatory frameworks.
• Proven expertise in portfolio management, capital planning, and financial risk management.
• Knowledge of monetary markets, business investment management and financing strategies
• Strong analytical, strategic thinking, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
• (MBA or CFA Preferred).

Salary Description

$115,000-$145,000/Year