Treasurer - Banking
Who we are:
Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2.7 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for:
The Treasurer has the ultimate responsibility for the organization's treasury functions reporting to the Chief Financial Officer. Responsibilities include market risk, funding, liquidity, interest rate management, asset liability committee, cash flow management, stress testing, hedging, and bank investment securities activities.
What you'll do:
• Responsible for aligning treasury departmental strategy or direction with the overall goals of the organization
• Monitors market and interest rate risk profile of the organization, providing guidance and recommendations on strategy
• Conduct regular liquidity and interest rate stress testing to ensure the safety and soundness of the organization
• Develops and executes strategies that ensure liquid funds are available for current capital needs
• Develops long-term cash management or investment plans that both preserve capital and support strategic goals
• Prepare regulatory capital analysis, liquidity, and risk-weighted asset reports forthe CFO and board of directors
• Manage the bank's policies governing organizational debt and credit levels, interest rate or currency risk, investment and banking relationships
• Oversee the bank's asset liability management modeling for the ALCO committee and actively monitor interest rate risk exposure
• Ensures that all treasury-related activities comply with applicable regulatory requirements and board policies
• Support bankers and relationship managers in the growth and development of the organization's businesses
• Contribute to the development of financial reports, internal management, and regulatory filings
• Develops policies, practices, and procedures that have a significant impact on the organization
• Coordination of portfolio advisors; manage the bank's investment portfolio and oversee pledging and collateral operations to support public funds depositors
• Serve as the team lead in treasury and accounting efforts supporting the bank's commodity hedging activities
• Perform other duties as assigned
What you'll need to be successful:
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:
• Bachelor's Degree in one of the Accounting related disciplines; Master's degree is preferred.
• 5-8 years of experience in a Treasury Department within the banking and mortgage industry
• Minimum 4 years of experience within a Management or Supervisory role
• Experience with credit functions, funding requirements, and accounting background preferred
• CTP (Certified Treasury Professional) a plus
• Effective verbal and written communicator
• Must be well organized with strong attention to detail
• High degree of personal ethics/integrity
• Strong organizational skills
• Effective communication skills
• Must be able to recognize inefficiencies and recommend/implement process/quality improvement initiatives
What we offer:
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
Apply Now
Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2.7 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for:
The Treasurer has the ultimate responsibility for the organization's treasury functions reporting to the Chief Financial Officer. Responsibilities include market risk, funding, liquidity, interest rate management, asset liability committee, cash flow management, stress testing, hedging, and bank investment securities activities.
What you'll do:
• Responsible for aligning treasury departmental strategy or direction with the overall goals of the organization
• Monitors market and interest rate risk profile of the organization, providing guidance and recommendations on strategy
• Conduct regular liquidity and interest rate stress testing to ensure the safety and soundness of the organization
• Develops and executes strategies that ensure liquid funds are available for current capital needs
• Develops long-term cash management or investment plans that both preserve capital and support strategic goals
• Prepare regulatory capital analysis, liquidity, and risk-weighted asset reports forthe CFO and board of directors
• Manage the bank's policies governing organizational debt and credit levels, interest rate or currency risk, investment and banking relationships
• Oversee the bank's asset liability management modeling for the ALCO committee and actively monitor interest rate risk exposure
• Ensures that all treasury-related activities comply with applicable regulatory requirements and board policies
• Support bankers and relationship managers in the growth and development of the organization's businesses
• Contribute to the development of financial reports, internal management, and regulatory filings
• Develops policies, practices, and procedures that have a significant impact on the organization
• Coordination of portfolio advisors; manage the bank's investment portfolio and oversee pledging and collateral operations to support public funds depositors
• Serve as the team lead in treasury and accounting efforts supporting the bank's commodity hedging activities
• Perform other duties as assigned
What you'll need to be successful:
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:
• Bachelor's Degree in one of the Accounting related disciplines; Master's degree is preferred.
• 5-8 years of experience in a Treasury Department within the banking and mortgage industry
• Minimum 4 years of experience within a Management or Supervisory role
• Experience with credit functions, funding requirements, and accounting background preferred
• CTP (Certified Treasury Professional) a plus
• Effective verbal and written communicator
• Must be well organized with strong attention to detail
• High degree of personal ethics/integrity
• Strong organizational skills
• Effective communication skills
• Must be able to recognize inefficiencies and recommend/implement process/quality improvement initiatives
What we offer:
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
Apply Now