What are the responsibilities and job description for the Director, Assistant Portfolio Manager – Treasury Capital Markets position at Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank?
Job Summary
The Director, Assistant Portfolio Manager will support the management of the Bank’s investment securities and derivatives portfolios, partnering closely with the Head of Portfolio Management on portfolio strategy, analytics, execution, and governance.
The successful candidate will contribute to investment and hedging strategy, portfolio construction, trade execution, performance reporting, and hedge governance. The role will also provide leadership and oversight to a team of Treasury Analysts.
Job Duties and Responsibilities
Portfolio Management & Strategy
- Partner with the Head of Portfolio Management in managing the Bank’s investment securities and derivatives portfolios.
- Contribute to portfolio construction decisions related to duration, liquidity, yield, convexity, and risk-adjusted return objectives.
- Monitor market conditions, interest rate trends, spread relationships, and macroeconomic developments impacting portfolio strategy.
- Provide day-to-day leadership, coaching, and development for Treasury Analysts.
- Develop and enhance portfolio reporting for Treasury leadership, ALCO, and senior management.
- Build and maintain analytical models, dashboards, and reporting tools.
Derivatives Strategy & Execution
- Support the development and execution of interest rate hedging strategies utilizing swaps and other approved derivative instruments.
- Evaluate hedge opportunities and provide recommendations related to portfolio and balance sheet risk management objectives.
- Monitor hedge performance and effectiveness relative to strategic objectives.
Hedge Governance & Controls
- Lead hedge accounting documentation, effectiveness testing, and ongoing governance processes.
- Coordinate with Accounting, Finance, Risk Management, Internal Audit, and external auditors regarding derivative activities.
- Ensure compliance with hedge accounting requirements, internal policies, and regulatory expectations.
- Support SOX controls, documentation standards, and governance processes related to investment and derivative portfolios.
- Maintain robust procedures supporting portfolio management and risk oversight activities.
- Performs other related duties as required.
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.
Qualifications:
Minimum Education:
- Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or related field.
Minimum Experience:
- Minimum 5-7 years in capital markets, treasury, or investment management roles, preferably within a financial institution or equivalent combination of education and experience.
- 5-10 years of experience in bank treasury, fixed income portfolio management, capital markets, asset management, or related fields.
- Strong understanding of fixed income markets, interest rate risk, and portfolio analytics.
- Experience analyzing and communicating portfolio risk and performance metrics.
- Demonstrated leadership experience and ability to manage and develop junior team members.
- Excellent communication and presentation skills.
- Knowledge of hedge accounting principles and effectiveness testing methodologies.