Genesis Bank · 1 month ago
FVP, Assistant Treasurer
Newport Beach, CA
Full-time
Onsite
Senior Level, Lead/Staff
$150K/yr - $200K/yr
10+ years expGenesis Bank is a California-chartered commercial bank organized by experienced bankers and business professionals. They are seeking a First Vice President, Assistant Treasurer, who will be responsible for balance sheet management, liquidity oversight, and capital planning while driving the execution of the Bank’s Asset-Liability Management framework.
Banking
Responsibilities
Lead the Bank’s ALM strategy, including interest rate risk management, liquidity risk management, market risk oversight, and balance sheet optimization
Serve as a key member of ALCO, while contributing actionable insights and recommendations
Develop, maintain, and manage models for NII forecasting, EVE sensitivity, liquidity stress testing, and scenario analysis
Partner with business lines to align loan/deposit growth with funding and capital strategies
Oversee the Bank’s investment portfolio (marketable securities, non-marketable securities, BOLI, LIHTC, NMTC, etc.) including evaluating potential investing or sale opportunities, replacement of maturing securities, and pledging of securities to meet collateral requirements, taking into consideration the Bank’s interest rate, capital, and liquidity position
Oversee daily, short, and long-term liquidity planning, including cash flow projections, intraday liquidity, and contingency funding plans
Manage wholesale funding strategies, including FHLB advances, brokered deposits, correspondent funding, and institutional funding
Optimize deposit pricing, mix, and retention in collaboration with product and business unit leaders
Continually evaluate funding alternatives to optimize the Bank’s liquidity and earnings levels, including debt offerings, equity raises, and other short/long-term funding opportunities
Continually evaluate opportunities to enhance treasury infrastructure, including cash management processes, forecasting and stress testing tools, ALM platforms, and reporting capabilities
Partner with technology and operational teams to leverage the Bank’s technology platform for automation, efficiency, and enhanced analytics
Establish and maintain strong governance, controls, documentation, and regulatory compliance frameworks
Function as a liaison with correspondent banks, Federal Reserve Bank, FHLB, other depository or financial institutions, and outside transfer agents
Ensure compliance with regulatory and internal policy requirements related to liquidity, contingency funding, interest rate risk, capital planning, and treasury operations
Prepare materials for Board, ALCO, and senior management reviews, as well as regulatory examinations
Maintain and refine treasury policies, procedures, and governance frameworks to adapt to evolving regulatory requirements, operating environment, and bank-specific operations
Mentor and develop a growing Finance team that supports a scaling institution
Collaborate with lending, deposit, credit, risk, and operations teams to support strategic growth
Support integration of treasury functions in acquisitions and onboarding of acquired portfolios or institutions
Work with executive and senior leadership on special projects, as needed
Qualification
Required
10+ years of banking experience, with an emphasis in treasury, ALM, IRR, investments, and liquidity management
Comprehensive understanding of general banking compliance regulations and laws
Comprehensive understanding of general banking activities, products, and services
Experience in preparing and presenting ALCO related reporting (e.g., regulators, Board, executive management, etc.)
Demonstrate ability to lead in a high-growth, entrepreneurial, and acquisitive environment
Excellent verbal and written communication skills/Effective listening skills/Excellent organizational skills and attention to detail
Proficient with Microsoft Office Suite, and Fiserv Prolog
Benefits
Comprehensive health, dental, and vision benefits for eligible employees are available on your first day
401k matching
Flexible time off
Competitive salary
Gym access
Paid federal holidays
Company
Genesis Bank
Genesis Bank is a -chartered, non-member de novo commercial bank.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
M
Morgan Ferris
Head of Income Property banking
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