- Improve processes within their area of responsibility.- Maintains the integrity of the accounting system along with best practices.- Responsible for the timely preparation of fiscal and regulatory financial reports.- Responsible for remaining current on GAAP, regulatory, and tax accounting issues.- Work with senior management in the development of a strategic plan document, budgets, and forecasts along with action plans to achieve stated objectives and goals.- Responsible for the preparation, verification, and accuracy of monthly- Performance Statements in accordance with agreed upon performance standards.- Responsible for preparation, verification, and accuracy of overall financial reporting in accordance with agreed upon performance standards.- Perform key financial stress tests on a periodic basis. Report on results to management and the Board.- Responsible for managing the ALCO process and preparing key reports.- Primary responsibility for cost control through monitoring, challenging, and consulting.- Responsible for negotiating vendor contracts.- Responsible for maintaining the Stakeholder and other performance measurement systems.- Responsible for recommending and maintaining appropriate risk insurance coverage.- Interprets financial reports as to exceptions, variances, trends, etc.- Ability to communicate effectively with external auditors and regulators.- Responsible for supervising the Funds Management activities and working with the ALCO committee in setting policy and associated activities and reports with the investment portfolio.- Evaluate current practices and strategic alternative in setting objective and developing mechanisms to monitor and manage related risks to mitigate various risks to assure ongoing business continuity.- Facilitate effective response to interrelated impacts and intergraded responses to multiple risks.- Endure effective reporting and compliance with laws and regulations- Work to create a culture that understands risk and risk-management practices through educational programs and training process
4-7 years
- Possess an in-depth knowledge of regulatory issues.- Possess an in-depth knowledge of investments and the asset/liability management process.- Possesses a high degree of interpersonal and organizational skills.- Possesses the ability to supervise and direct the work activity of others.- Other areas of the Bank that may include lending and administration.- Strong knowledge of the best practices of risk management
- Eight to ten years work experience.- Five to seven years of bank-related experience, or equivalent- Master's degree, CPA, or CMA, or equivalent work experience.- Maintains job proficiencies and professional licensure through attendance to periodic seminars, training sessions, and other career enhancing activities.
Masters
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