Assistant Treasurer & Investment Portfolio Ma

Department: Accounting Department

Reports To: Treasurer

Classification: Exempt

About Rogue Credit Union:

Rogue Credit Union is a member-owned, not-for-profit financial cooperative headquartered in the Rogue Valley located in beautiful southern Oregon. Providing services to our members in select Oregon and Idaho counties. We strive to make an impact in the communities we serve by living, giving, and supporting local. Our mission is to provide exceptional member experiences that build mutually beneficial relationships to create the most loyal members in the nation. Here at Rogue, we believe in having a culture of happy team members who feel supported, have the chance to grow their careers, and LOVE where they work!

Role:

Under the guidance of the Treasurer, assists in managing the treasury function within the credit union including responsibility for the investment portfolio and risk management, liquidity management, Asset/Liability (A/L) management, Asset Liability Committee (ALCO), profitability analysis, etc. Assists in the overall management of the balance sheet including taking an active role in making decisions regarding selling/purchasing of interest earning assets. Assists in wide ranging projects such as profitability analysis on specific segment of the credit union, assesses likely financial impact of new proposed product/service, creates projections (either internally or with external partners) of various scenarios.

Essential Functions & Responsibilities:

40%    In conjunction with the Treasurer works to analyze and oversee implementation of highly complex investment products including significant responsibility for analyzing different investment options using Bloomberg and other tools. Assists with managing all aspects of the investment portfolio including role of main liaison with investment brokers, analyzing potential investment opportunities including both at the individual investment level as well as at the investment segment level, reports back to ALCO and the Finance Committee on the performance of the portfolio, assists with monitoring the ongoing portfolio to ensure it is still performing as planned at both the individual investment level as well as at the portfolio level, monitors risk in portfolio (credit, interest rate, liquidity, etc.) and responds when necessary to keep risk within designated guidelines, provides recommendations to portfolio management given changes in overall balance sheet make-up, changes in economic trends, changes in goals of the credit union, etc. The role of main liaison with the brokers involves maintaining relationships, staying up to speed on latest investment trends/opportunities, as well as seeking out the best possible purchase opportunities amongst the various brokers when in the market for investments. In addition, is also part of the team that evaluates loan purchase/sale opportunities with specific responsibility for pricing as well as evaluating the impact of such moves on the overall balance sheet.

20%    Assists in developing strategies and designing processes for the use and improvement of treasury systems. These systems provide senior management with key information on investments, hedge positions, and other financial instruments. Prepares various ad hoc reports and analyses, including profitability assessments and other reports as needed. Collaborates directly with senior management on balance sheet decisions, focusing on the purchase and sale of interest-earning assets to increase income and reduce risk.

10%    Works in conjunction with the Treasurer to manage all aspects of asset/liability (A/L) processes. This includes acting as the primary liaison with third-party A/L partners, ensuring they have the necessary data and context to perform periodic analyses. Reviews reports from these partners and presents findings to the ALCO and Finance Committee. Provides recommendations when reports indicate rising risks or potential issues. Collaborates with A/L partners to develop one-off projections as part of ongoing analytical efforts.

10%    Supports liquidity management by ensuring adequate cash flow while maximizing interest income.

10%    Recruits, hires, trains, coaches and motivates a highly qualified staff sufficient to meet the daily operational needs of the areas assigned. Establishes and maintains objective accountability measurements and evaluates performance on all direct reports. Creates and maintains a coaching culture to consistently strive toward the highest level of employee achievement and performance in building Member Loyalty.

10%    Performs significant role in ALCO/Finance Committee process including preparation of meeting packet, serving as point person for those with periodic presentations to ALCO, communicating ALCO decisions, etc. Proactively performs other duties as needed or assigned.

Knowledge & Skills:

Experience: Three years to five years of similar or related experience. Five years of progressively responsible treasury experience in financial services preferred.

Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree). Degree in finance, mathematics, physics, programming or engineering preferred.

Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Other Skills: Experience analyzing and trading Fixed-Income securities including private label mortgage-backed securities. Advanced experience with Bloomberg, Intex, prepayment models, SQL, and Microsoft Office products. Advanced Excel skills. Highly accurate and detail oriented. Excellent time management and organizational skills with the ability to work independently. Leadership, management skills and supervisory skills. Problem solving skills. Good communication and judgment skills. Excellent judgment, decision making and risk management skills.

Physical Requirements: Some lifting required (up to 30 pounds), continuous sitting, occasional standing and occasional walking. Finger dexterity while using computer. Occasional talking and hearing in person and on the telephone. Continuous clarity of vision at 20 inches or less and continuous clarity of vision at 20 feet or more.

Work Environment: This job is an exempt position that requires flexibility in scheduling tasks and projects. The employee must independently monitor hours and judge the time needed to be spent on applicable duties. Employee must be capable of adjusting to unpredictable schedules proactively. As a direct representative of the credit union, the employee must conduct and present themselves courteously and professionally. Exposed to potentially hazardous conditions, i.e., robbery. Travel may be required.

Disclaimer:

Rogue Credit Union is a drug free workplace and requires a drug screening test within 48 hours of employment offer.

Rogue Credit Union is an Equal Opportunity Employer and makes employment decisions without regard to race, color, national origin, religion, sex, age, disability, veteran status, or any other protected class. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method, please call (541) 622-7295. 

This Job Description is not a complete statement of all duties and responsibilities comprising the position.