Northwest Bank
Assistant Treasurer
Northwest Bank, Columbus, Ohio, United States, 43224
Description The Assistant Treasurer is responsible for developing quantitative/analytic models, tools, and applications in support of the firm's interest rate and liquidity risk management efforts while also developing and documenting theoretical model frameworks, back testing, and implementing models prior to implementation and throughout their lifecycle. Essential Functions * Ensure compliance with third party vendor management practices and procedures, and document and data integrity * Prepare management reports * Ensure compliance with Northwest's risk appetite * Working knowledge of interest rate curves and the impact of economic and Central Bank activity on Northwest, and experience with interest rate derivatives * Maximize technology tools available * Manage personal workload/workflow * Assist in loan pricing and fund cost analysis * Participate in the budget process particularly for the generation of net interest income * Participate in the creation of net interest income in any capital stress test efforts * Excellent communication skills with bond brokers and management; capable of interpret and explain otherwise complex concepts to members of management * Seek continuing education opportunities * Prepare and report of asset liability scenarios and models, and cash flow models and liquidity stress tests * Respond to regulatory as well as internal and external audit requests * Analyze core deposit behavior to be utilized in model * Prepare various footnotes and schedules for required quarterly and annual reports * Assist in the development of analytical methods and models that assess the market, credit and/or operational risks of new and exist financial products * Participate in the research, design, and implementation of new financial products or in the development of trad or hedging strategies * Consult with practitioners, the academic community, and other financial institutions in research the development of risk management models for new and exist products * The development of the theory and mathematics behind various models by collect information based on capital markets, consumer and retail bank, credit card, and mortgage business alignment * Review, approve model theoretical frameworks and documentation, independent back test, and review model developer test results, and approve any third party model that is used by the firm for risk measurement and management purposes * Recommend profitability increasing alternatives, and improvements to procedures * Develop customer service levels * Minimize departmental nonpayroll costs Additional Essential Functions * Ensure compliance with Northwest's policies and procedures, and Federal/State regulations * Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency * Work as part of a team * Work with on-site equipment Additional Responsibilities * Complete special projects as they're assigned. Safety and Health for Supervisors with Direct Reports * Provide leadership and positive direction for maintaining the safety and loss prevention program * Actively participate in and support employee participation in the safety and loss prevention program by ensuring that employees know how to properly report a safety issue, making sure that all accidents are promptly reported to Human Resources and documented, and ensuring that prompt action is taken whenever workplace hazards are identified * Help implement emergency procedures QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functio