Treasury Financial Analyst
Full-time
Description
Westamerica is among the largest commercial banks headquartered in California. We are looking for outstanding people to join our winning team. We reached our current strength because our employees, customers, and shareholders believe in the same fundamental goals: Delivering a wide variety of financial services with a superior customer service guarantee.
In office position, located in Fairfield, CA - No remote capability
JOB SUMMARY
The role is responsible for financial monitoring and analysis of the Bank’s balance sheet and for producing quarterly interest rate risk metrics and reports that support oversight and monitoring of the investment portfolio.
RESPONSIBILITIES & DUTIES
• Preform quarterly assessments of Interest Rate Risk (IRR)position, including preparation of required data and analysis of results to support ongoing risk monitoring
• Support bond investment purchases by conducting pre-purchase due diligence, reviewing supporting materials, and preparing required documentation
• Independently monitor bond portfolio for credit and interest rate risk, evaluating issuer performance and identifying risk concerns
• Prepare and maintain components of annual budget, monthly Net Interest Income (NII) forecasts, and related financial reports
• Conduct ad-hoc financial analyses and special projects, exercising sound judgement in evaluating data and presenting findings
• Compliance Specific: Maintain awareness of federal and state regulations applicable to designated areas of responsibility, stay current with compliance training, adhere to bank’s compliance practices, support implementation of necessary changes to policies, procedures, and controls to ensure ongoing adherence.
Marginal Functions
• Act as backup to produce various liquidity reporting (LCR, NSFR, cash flow)
• Ongoing balance sheet monitoring of loan, deposit and cash flows
• Other related duties as assigned
Requirements
• Bachelor's degree in Finance, Accounting, Economics, or related field, or equivalent combination of education and related work experience
• 3-5 years of experience in a Treasury or related Finance role, preferably at a bank
• Experience with treasury management systems and financial software
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Office (Excel, Word, PowerPoint) products, knowledge of Bloomberg and interest rate risk modeling software a plus
• Understanding of financial regulations and compliance issues
• Knowledge of financial markets, instruments and Treasury management practices
• Excellent verbal and written communication skills
• Ability to work independently as well as part of a team
• Excellent multi-tasking and time management skills
• Strong attention to detail and accuracy
• Ability to continuously adhere to multiple compliance regulations
• Regular on-site attendance required during regular business hours
PHYSICAL DEMANDS
• Sitting for extended periods of time while using computer
• Frequent hand, wrist, and finger movements for tasks such as keyboarding, data entry, and mouse use
• Continuous close visual work is required for tasks such as data analysis, computer use, and reading
• Frequent communication in-person and via phone, talking and hearing for such interactions
• Occasional movement within the office is necessary to access files or office machinery
• Occasional lifting, pushing, and pulling (up to 20 lbs)
• Occasional stooping and reaching
• Occasional standing and walking
MENTAL DEMANDS
• Continuously prioritizing multiple demands and meet deadlines while maintaining high level of compliance
• Continuously applying analytical skills
• Ability to make sound decisions and determine when to report issues to senior management
• Remind external customers of approaching deadlines and requirements
ENVIRONMENTAL DEMANDS
• Work in a climate-controlled building without exposure to extreme temperatures.
Apply tot his job
Apply To this Job
Description
Westamerica is among the largest commercial banks headquartered in California. We are looking for outstanding people to join our winning team. We reached our current strength because our employees, customers, and shareholders believe in the same fundamental goals: Delivering a wide variety of financial services with a superior customer service guarantee.
In office position, located in Fairfield, CA - No remote capability
JOB SUMMARY
The role is responsible for financial monitoring and analysis of the Bank’s balance sheet and for producing quarterly interest rate risk metrics and reports that support oversight and monitoring of the investment portfolio.
RESPONSIBILITIES & DUTIES
• Preform quarterly assessments of Interest Rate Risk (IRR)position, including preparation of required data and analysis of results to support ongoing risk monitoring
• Support bond investment purchases by conducting pre-purchase due diligence, reviewing supporting materials, and preparing required documentation
• Independently monitor bond portfolio for credit and interest rate risk, evaluating issuer performance and identifying risk concerns
• Prepare and maintain components of annual budget, monthly Net Interest Income (NII) forecasts, and related financial reports
• Conduct ad-hoc financial analyses and special projects, exercising sound judgement in evaluating data and presenting findings
• Compliance Specific: Maintain awareness of federal and state regulations applicable to designated areas of responsibility, stay current with compliance training, adhere to bank’s compliance practices, support implementation of necessary changes to policies, procedures, and controls to ensure ongoing adherence.
Marginal Functions
• Act as backup to produce various liquidity reporting (LCR, NSFR, cash flow)
• Ongoing balance sheet monitoring of loan, deposit and cash flows
• Other related duties as assigned
Requirements
• Bachelor's degree in Finance, Accounting, Economics, or related field, or equivalent combination of education and related work experience
• 3-5 years of experience in a Treasury or related Finance role, preferably at a bank
• Experience with treasury management systems and financial software
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Office (Excel, Word, PowerPoint) products, knowledge of Bloomberg and interest rate risk modeling software a plus
• Understanding of financial regulations and compliance issues
• Knowledge of financial markets, instruments and Treasury management practices
• Excellent verbal and written communication skills
• Ability to work independently as well as part of a team
• Excellent multi-tasking and time management skills
• Strong attention to detail and accuracy
• Ability to continuously adhere to multiple compliance regulations
• Regular on-site attendance required during regular business hours
PHYSICAL DEMANDS
• Sitting for extended periods of time while using computer
• Frequent hand, wrist, and finger movements for tasks such as keyboarding, data entry, and mouse use
• Continuous close visual work is required for tasks such as data analysis, computer use, and reading
• Frequent communication in-person and via phone, talking and hearing for such interactions
• Occasional movement within the office is necessary to access files or office machinery
• Occasional lifting, pushing, and pulling (up to 20 lbs)
• Occasional stooping and reaching
• Occasional standing and walking
MENTAL DEMANDS
• Continuously prioritizing multiple demands and meet deadlines while maintaining high level of compliance
• Continuously applying analytical skills
• Ability to make sound decisions and determine when to report issues to senior management
• Remind external customers of approaching deadlines and requirements
ENVIRONMENTAL DEMANDS
• Work in a climate-controlled building without exposure to extreme temperatures.
Apply tot his job
Apply To this Job