Job Details
POSITION: CORPORATE TREASURY ANALYST
Summary:
At Cambridge Savings Bank,our purpose is to have a positive impact on our customers, employees, andcommunity's financial well-being. We are committed to exceeding expectationsand having a strong commitment to diversity and inclusion. The Treasury Analyst isresponsible for various operational, reporting and analytical functions relatedto liquidity management and financial reporting. This individual plays anactive role in supporting the Bank's Treasury function.
Key Result Areas:
- Provide primary support for managing the Bank'sliquidity position, monitoring daily cash flows, and gauging fundingrequirements.
- Monitor and manage Bank's net cash andcollateral requirements with counterparties and correspondents.
- Assist in administration of swaps program andderivatives-related activity.
- Monitor safekeeping and custodial activity forBank's investment portfolio; assist the Accounting function by researchingnon-reconciled discrepancies between Bank's accounting records and custodians.
- Collect and maintain historic interest rates,economic indicators and other market data from various sources, includingBloomberg and S&P Capital IQ.
- Produce comprehensive reporting materials for Liquidity (Daily) and Asset Liability Management (monthly), meeting strict deadlines.
- Produce reporting materials.
- Support Treasury group during periodic auditsand examinations.
- Assist with updating asset/liability models.
- Record meeting minutes for monthly ALCOmeetings.
- Provide ad hoc modeling and analysis as neededin support of strategic initiatives.
- Establish and maintain effective workingrelationships with other employees and customers.
- Contribute to effective team management of allBank problems, issues, and opportunities.
- Perform additional duties as required.
Qualifications:
- BS degree, preferablyin finance or economics, or 4+ years of banking or finance-related workexperience.
- Working knowledge ofbanking industry and understanding of bank asset/ liability management.
- Proficient in the useof Microsoft Excel, PowerPoint, and data management software systems.
- Strong analytical andcommunication skills.
- Ability to work independently with minimal supervision.
- Effective time-management skills and comfortable meeting strict deadlines.
The above description covers the most significant responsibilities but does not exclude other occasional responsibilities and accountabilities, the inclusion of which would be in conformity with the major purpose of this job.
Location:
Waltham, Massachusetts.
About Cambridge Savings Bank:
Cambridge Savings Bank is afull-service banking institution with over $6 billionin assets. As a mutualbank, CSB is committed to improving the quality of life of ouremployees,customers,and the communities we serve.One of the oldest andlargest community banks in Massachusetts, Cambridge Savings Bank offers a fullline of individual and business banking services across a robustMassachusetts-based branch network and through digital banking solutions forcommercial, small business and consumer customers. In March 2023, Kroll BondRating Agency affirmed CSB's investment-grade rating, reinforcing the bank'sposition as a reliable business lender. To learn more about how CSB can meetyour needs, visit us atcambridgesavings.com, orbetter yet, come meet us to help you make the most out of your bankingrelationship.Member FDIC.Equal Housing Lender. NMLS # 543370
Cambridge Savings Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.
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