GreatAmerica Financial Services Corporation
Director, Treasury - Asset Liability Management
GreatAmerica Financial Services Corporation, Cedar Rapids, Iowa, United States, 52404
GreatAmerica Financial Services is a highly successful entrepreneurial company providing equipment financing to businesses across the United States. Our exemplary customer service, our principle-centered business philosophy and our team-based operating approach are key to our success and growth.## **We Are Looking to Add a Key Member to Our Treasury Team!**GreatAmerica’s Treasury team is a highly successful team of finance professionals that have helped to drive GreatAmerica’s success for over 30 years.
As GreatAmerica expands to become a bank, we are looking to add an experienced banking professional to our Treasury team.The Director, Treasury – Asset Liability Management will work collaboratively within the Treasury team, across GreatAmerica functions, and with third-party resources in the development and execution of key areas such as asset liability management, interest rate risk management, management of the investment portfolio, liquidity risk management, and hedging.
This position will actively contribute to the company’s strategic goals through application of finance, investment, and banking knowledge.
In this role, the individual will play a meaningful role in developing and maintaining strong relationships with GreatAmerica’s key outside constituents (e.g., banks, regulators, and other third-party relationships).**As a Director, Treasury - Asset Liability Management, you will:**Asset Liability Management (ALM) and Interest Rate Risk (IRR) Management* Lead and manage the third-party relationship(s) and administration of ALM processes and procedures* Coordinate with third-party resource(s) in the preparation of monthly and quarterly reports to senior leadership, the Asset Liability Management Committee (ALCO), and the Board summarizing the company’s IRR and liquidity positions* Oversee and support the development of reports, presentations, and models to demonstrate the impact of balance sheet strategies on liquidity, interest rate risk, earnings, credit, and capital* Collaborate with third-party resources and GreatAmerica leadership to analyze and validate modeling assumptions such as deposit betas, decay rates, and loan prepayment speeds to ensure model integrity* In partnership with third-party resources, analyze ALM model back-testing results to evaluate performance and improve forecast accuracy* Develop and provide analytical support for deposit and loan rate strategies that align with the company’s policies, senior leadership, ALCO, and Board objectives* Assist leadership in reviewing compliance with and proposing changes when appropriate to asset liability and interest rate risk policiesLiquidity Risk and Hedging* Coordinate with third-party resource(s) in the preparation and reporting of liquidity stress testing to senior leadership, ALCO, and the Board* Provide analytical support for the preparation of reports to senior leadership, ALCO, and the Board on the performance of hedging strategies to manage interest rate risk and other financial exposures* Assist in reviewing compliance with and proposing changes when appropriate to liquidity risk and hedging policiesInvestment Portfolio Management* Develop, maintain, and leverage knowledge of market trends to evaluate and recommend investment strategies in alignment with company policies and objectives* Support the execution of securities trades and settlement within the investment portfolio in accordance with policies, procedures, and risk limits* Oversee and deliver reporting to senior leadership, ALCO, and the Board on investment activities and the investment portfolio* Perform quarterly investment portfolio analysis to identify potential impairments through pricing spread analysis* Assist in reviewing compliance with and proposing changes when appropriate to investment policy**To be successful in this role you will need:****Education:*** Bachelor’s degree in Accounting or Finance (or related field)* Advanced degree preferred* CFA and/or CTP certification is highly desirable**Experience:*** Minimum of 8 years in Treasury or Finance roles in a bank environment**Skills and Abilities*** Strong analytical and financial modeling skills; proficiency in Excel, ERP/TMS systems* Strong business acumen.
Ability to understand the underlying business issues* Problem solving attitude, with focus on improving processes with a disciplined approach* Demonstrated self-starter who is goal oriented and a critical thinker* Must be able to multi-task and have a combination of organizational and analytical skills* Effectively displays exceptional leadership skills and the ability to influence without authority* Strong sense of urgency and follow through in addressing issues* Excellent interpersonal and relationship building skills to build credibility* Exceptional communication skills (both verbal and written)* Demonstrated ability to apply exceptional business judgment while appropriately balancing competing business interests* Strong project management skills**Computer Skills:*** Microsoft Office Suite (Excel primarily) experience a must
**Other Requirements:*** Bloomberg terminal experience highly desiredSharing rewards is an integral part of our culture. We believe in the value of hard work and reward our employees beyond the paycheck. Our total rewards package is based on eligibility and includes:**Financial Benefits*** Competitive Compensation* Monthly Bonuses for Eligible Employees* 401(k) and Company Match* Annual Profit Sharing* Paid Time Off**Health, Wellbeing, and Family Planning Benefits*** Paid Vacation - starting at 80 hours annually for employees in their first year of service.* Paid Sick Days - Ten (10) per year with a conversion option for unused time.* Ten (10) Paid Holidays per year* Gym Reimbursement* Health Insurance* Dental Insurance* Vision Insurance* Short-Term and Long Term Disability* Company Paid Life Insurance* Flexible Spending Accounts (FSA)* Health Savings Accounts (HSA)* Employee Assistance Program* Parental Leave**Education and Career Planning Benefits*** Tuition Assistance* Networking Opportunities* Leadership Development Opportunities**Perks*** Paid Parking* Service Awards* Hybrid work arrangements* Business casual environment* A strong organizational culture focused on our greatest asset: **you**!*If your experience aligns closely, please apply. We value diverse backgrounds and adding new perspectives. We encourage you to apply if you can make a strong impact in this role at .*Please note, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa.GreatAmerica is the largest independent, family-owned national commercial equipment finance companies in the U.S. and is dedicated to helping manufactures, vendors, and dealers be more successful and keep their customers for a lifetime. With a focus on the small ticket vendor and OEM finance channel we have partnered with some of the largest and industry leading companies in the Office Equipment, Communications, IT, Automotive, Construction, Healthcare, and Franchise market sectors. In addition to financing, GreatAmerica offers innovative non-financial services to help our customers grow.At GreatAmerica we enjoy the benefits of being independent and family-owned, fostering quick decision making, customer response and innovation.
Established in 1992 our team has grown to over 650 employees and a portfolio of over $2.5+ Billion.
Our exemplary customer service, principle-centered business philosophy and team-based operating approach are key to our success and growth. With a strong balance sheet and consistent financial performance through all economic cycles, GreatAmerica has experienced amazing results and unparalleled growth. When you are part of the GreatAmerica team, you will grow professionally and work with some of the #J-18808-Ljbffr
As GreatAmerica expands to become a bank, we are looking to add an experienced banking professional to our Treasury team.The Director, Treasury – Asset Liability Management will work collaboratively within the Treasury team, across GreatAmerica functions, and with third-party resources in the development and execution of key areas such as asset liability management, interest rate risk management, management of the investment portfolio, liquidity risk management, and hedging.
This position will actively contribute to the company’s strategic goals through application of finance, investment, and banking knowledge.
In this role, the individual will play a meaningful role in developing and maintaining strong relationships with GreatAmerica’s key outside constituents (e.g., banks, regulators, and other third-party relationships).**As a Director, Treasury - Asset Liability Management, you will:**Asset Liability Management (ALM) and Interest Rate Risk (IRR) Management* Lead and manage the third-party relationship(s) and administration of ALM processes and procedures* Coordinate with third-party resource(s) in the preparation of monthly and quarterly reports to senior leadership, the Asset Liability Management Committee (ALCO), and the Board summarizing the company’s IRR and liquidity positions* Oversee and support the development of reports, presentations, and models to demonstrate the impact of balance sheet strategies on liquidity, interest rate risk, earnings, credit, and capital* Collaborate with third-party resources and GreatAmerica leadership to analyze and validate modeling assumptions such as deposit betas, decay rates, and loan prepayment speeds to ensure model integrity* In partnership with third-party resources, analyze ALM model back-testing results to evaluate performance and improve forecast accuracy* Develop and provide analytical support for deposit and loan rate strategies that align with the company’s policies, senior leadership, ALCO, and Board objectives* Assist leadership in reviewing compliance with and proposing changes when appropriate to asset liability and interest rate risk policiesLiquidity Risk and Hedging* Coordinate with third-party resource(s) in the preparation and reporting of liquidity stress testing to senior leadership, ALCO, and the Board* Provide analytical support for the preparation of reports to senior leadership, ALCO, and the Board on the performance of hedging strategies to manage interest rate risk and other financial exposures* Assist in reviewing compliance with and proposing changes when appropriate to liquidity risk and hedging policiesInvestment Portfolio Management* Develop, maintain, and leverage knowledge of market trends to evaluate and recommend investment strategies in alignment with company policies and objectives* Support the execution of securities trades and settlement within the investment portfolio in accordance with policies, procedures, and risk limits* Oversee and deliver reporting to senior leadership, ALCO, and the Board on investment activities and the investment portfolio* Perform quarterly investment portfolio analysis to identify potential impairments through pricing spread analysis* Assist in reviewing compliance with and proposing changes when appropriate to investment policy**To be successful in this role you will need:****Education:*** Bachelor’s degree in Accounting or Finance (or related field)* Advanced degree preferred* CFA and/or CTP certification is highly desirable**Experience:*** Minimum of 8 years in Treasury or Finance roles in a bank environment**Skills and Abilities*** Strong analytical and financial modeling skills; proficiency in Excel, ERP/TMS systems* Strong business acumen.
Ability to understand the underlying business issues* Problem solving attitude, with focus on improving processes with a disciplined approach* Demonstrated self-starter who is goal oriented and a critical thinker* Must be able to multi-task and have a combination of organizational and analytical skills* Effectively displays exceptional leadership skills and the ability to influence without authority* Strong sense of urgency and follow through in addressing issues* Excellent interpersonal and relationship building skills to build credibility* Exceptional communication skills (both verbal and written)* Demonstrated ability to apply exceptional business judgment while appropriately balancing competing business interests* Strong project management skills**Computer Skills:*** Microsoft Office Suite (Excel primarily) experience a must
**Other Requirements:*** Bloomberg terminal experience highly desiredSharing rewards is an integral part of our culture. We believe in the value of hard work and reward our employees beyond the paycheck. Our total rewards package is based on eligibility and includes:**Financial Benefits*** Competitive Compensation* Monthly Bonuses for Eligible Employees* 401(k) and Company Match* Annual Profit Sharing* Paid Time Off**Health, Wellbeing, and Family Planning Benefits*** Paid Vacation - starting at 80 hours annually for employees in their first year of service.* Paid Sick Days - Ten (10) per year with a conversion option for unused time.* Ten (10) Paid Holidays per year* Gym Reimbursement* Health Insurance* Dental Insurance* Vision Insurance* Short-Term and Long Term Disability* Company Paid Life Insurance* Flexible Spending Accounts (FSA)* Health Savings Accounts (HSA)* Employee Assistance Program* Parental Leave**Education and Career Planning Benefits*** Tuition Assistance* Networking Opportunities* Leadership Development Opportunities**Perks*** Paid Parking* Service Awards* Hybrid work arrangements* Business casual environment* A strong organizational culture focused on our greatest asset: **you**!*If your experience aligns closely, please apply. We value diverse backgrounds and adding new perspectives. We encourage you to apply if you can make a strong impact in this role at .*Please note, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa.GreatAmerica is the largest independent, family-owned national commercial equipment finance companies in the U.S. and is dedicated to helping manufactures, vendors, and dealers be more successful and keep their customers for a lifetime. With a focus on the small ticket vendor and OEM finance channel we have partnered with some of the largest and industry leading companies in the Office Equipment, Communications, IT, Automotive, Construction, Healthcare, and Franchise market sectors. In addition to financing, GreatAmerica offers innovative non-financial services to help our customers grow.At GreatAmerica we enjoy the benefits of being independent and family-owned, fostering quick decision making, customer response and innovation.
Established in 1992 our team has grown to over 650 employees and a portfolio of over $2.5+ Billion.
Our exemplary customer service, principle-centered business philosophy and team-based operating approach are key to our success and growth. With a strong balance sheet and consistent financial performance through all economic cycles, GreatAmerica has experienced amazing results and unparalleled growth. When you are part of the GreatAmerica team, you will grow professionally and work with some of the #J-18808-Ljbffr