Manages the primary functions related to the cash, investment portfolios and derivative management as well as Asset/Liability management and Budget. In addition, will provide support to the internal financial management effort.

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran

Investment/Derivative Portfolio Management:
• Primary manager of the Bank's Investment/Derivative Portfolio including accounting and reporting
• Initiate potential Investment analysis and opportunities
• Present Investment/Derivative portfolio recommendations to Investment and ALCO Committee for action
• Execute Investment/Derivative actions approved by Investment and ALCO Committee with approved Brokers list.
• Manage Investment Broker relationships on a regular basis ensuring adherence to Investment Policy
• Member of the Bank's Investment Committee
• Prepare Investment Committee minutes

• Financing & Risk Management Strategies:
• Research, understand and analyze the appropriate uses and costs/benefits of the range of investment alternatives, financing vehicles and risk management tools in the context of current and projected economic environments with the objective of achieving Firstrust's overall short- and long-term goals.

• Asset Liability Management
• Liaison with the Bank's third-party Asset/Liability Interest Rate Risk Modeling firm for the Bank and Hatch
• Maintain inhouse Asset/Liability Interest Rate Risk Model
• Review both third party and inhouse ALM model results for accuracy
• Review Asset/Liability Committee reporting package for distribution
• Preparer of Asset/Liability Meeting Minutes
• Member of the Asset/Liability Committee
• Use inhouse Asset/Liability model to test investment and derivative strategies
• Coordinate with the Lending and Deposit teams on overall bank strategies

• Liquidity
• Coordinate with accounting and other departments regarding liquidity needs
• Evaluate cash activity history to anticipate liquidity needs
• Coordinate with EVP Director of Community Banking and SVP Commercial Deposits on deposit rates
• Execute Borrowing strategies using FHLB Advances and Brokered CDs
• Liaison with FHLB of Pittsburgh, primary provider of wholesale funding for the Bank
• Liaison with CD Brokers for purposes of wholesale borrowing functions

• Budgeting and Planning
• Maintain and reviews the Bank's Net Interest Income Model for Budgeting purposes
• Participate in the Bank's annual Planning process by coordinating Lending and Deposit Plans along with rate forecasts
• Support the CFO in Budgeting and Planning analysis and the decision-making process.

• Other
• Review and advise action regarding the Bank's collateral maintenance and reporting requirements for counterparties and customers. (Derivatives & Deposits)
• Provide support to financial management effort as required by Executive Vice President/CFO.
• Support the Funds Transfer Pricing model component of the Profitability Reporting System.
• Ensure that Investment, Liquidity, A/L Management, Derivative and Net Interest Income Policies meet audit and regulatory guidelines and requirements, and that reporting requirements are in compliance.
• Liaison with the auditors and examiners

While performing the essential functions of this position, the employee will need to move about from floor to floor to retrieve items. A majority of these positions require sedentary work, sitting most of the time. The employee will be required to prepare and analyze data and figures and operate a computer terminal using repetitive motion.

• Bachelor's Degree in Finance or Accounting required
• Seven (7) plus years of financial banking experience
• Fixed Income Investment Management experience required
• Executive presence and a strong ability to build relationships with senior stakeholders which effectuate desired results
• Excellent analytical skills
• Exercise prudent and fiscally responsible judgment.
• Must be detail oriented, focused, and have excellent follow-through skills
• Proficiency in the Microsoft office (Advanced Excel, Basic Word, and Outlook)
• Knowledge of Bank Investment and Asset/Liability regulations
• Knowledge of Investment Accounting software, ALM software, SQL, and Bloomberg