Treasury Associate

About the Role

Responsible for developing and preparing financial reports that analyze the bank's balance sheet, profitability, and interest rate risk. Participates in the asset and liability management process to ensure integrity of the bank's interest rate risk (IRR) model. Assists in the operation of the IRR model. Performs all duties and interacts with internal and external customers in a manner aligned with the Company's Core Values of "Voyaging Spirit" and "Positively Ohana." Exhibits core competencies in positive customer interactions, empowerment, ownership, active listening, effective communication, and thoroughness.

Responsibilities

• Asset & Liability Modeling & ALM Process
  • Participates in the asset and liability management (ALM) process to ensure integrity of the bank’s interest rate risk model.
  • Understands model setup, critical assumptions, and calculations within the ALM model.
  • Prepares data files and reports results in support of the ALM process.
  • Supports the interest rate risk model through updates and documentation of critical model assumptions.
  • Performs back tests of the model assumptions to ensure appropriateness.
• Asset & Liability Committee (ALCO) Process
  • Assists senior staff with preparing and communicating reports to ALCO.
  • Assists in interest rate risk and stress test reporting to ALCO, including yield curve twists, basis risk, assumption stress, and capital stress testing.
• Regulatory Compliance
  • Assists in ALM reporting and narratives for regulatory filings.
  • Maintains and ensures compliance with all ALM-related Board policies.
• Departmental Duties
  • Prepares monthly reconciliation reports of Treasury G/L accounts and weekly reconciliation of deposit index rates.
  • Researches and resolves unreconciled items in a timely manner.
  • Proactively seeks opportunities to assist the Treasury team in meeting overall objectives.
  • Provides backup for various Treasury Division functions and assists with special projects as directed by senior Treasury staff.

Requirements

• Education:
  • High School Diploma or GED equivalency required.
  • Bachelor’s Degree in Business, Economics, or related quantitative field from an accredited 4-year university preferred.
• Experience:
  • Treasury Associate I: 5+ years of progressive work experience in a relevant field.
  • Treasury Associate II: 6+ years of progressive work experience in a relevant field.

Working Conditions

• Performs light physical work, including moving or lifting items up to 20 pounds.
• Proficiently uses standard office equipment, including computers, phones, and copiers.
• Clearly communicates verbally and in writing with internal and external customers.
• Reads and understands bank-related documents.
• Works in a conventional office setting, involving sitting at a desk for long periods.
• Adapts to different work environments as needed.