Senior Treasury Analyst

Job Description

JOB PURPOSE

This position will report to the VP/Assistant Treasurer with direct visibility to the EVP/Treasurer. The Senior Treasury Analyst will provide analytical and strategic support on a wide range of balance sheet related decisions and strategies. Robust knowledge of Corporate Treasury functions, specifically interest rate risk and asset liability management concepts, is required to be an effective individual contributor. Building strong partnerships and effective communication within Treasury are also integral to this position, to deliver upon highly visible projects within the organization.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Perform analysis and measurement of interest rate risk and asset/liability valuation; identify drivers of risk and explain outcomes against performance targets and limits
• Lead the monthly/quarterly Interest Rate Sensitivity Analysis (IRSA) utilizing NII/NIM, EVE, and other relevant analyses
• Analyze impacts from business decisions on the Bank's market risk exposure, profitability, capital ratios, regulatory compliance, and others
• Prepare reporting for Board of Directors, Executive Management, ALCO, and others
• Oversee model lifecycle management activities, such as development, implementation, performance monitoring and testing, documentation, validation, and automation
• Modify or refine prepayment, deposit beta, decay rate and other assumptions used in financial analyses
• Assist in the capital stress testing process as it relates to NII/NIM and liquidity
• Maintain a working knowledge of securities markets and fixed income instruments including mortgage-related products, interest rate derivatives, (e.g., swaps, caps, etc.), indeterminate maturity deposits, and interest rate risk measurement concepts such as duration, convexity, basis risk, etc.
• Take ownership of assigned projects and see them from concept through implementation
• Maintain an awareness of current market and economic conditions
• Provide insights for process efficiencies, functional realignments and overall continuous improvement
• Understand the cash flow drivers of our loan, investment, and deposit portfolios
• Assist in ensuring documentation of ALM models and tools and processes is current and meets regulatory standards

SUPERVISORY RESPONSIBILITIES

None

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

• Bachelor's Degree is required with concentration in Business, Finance, Accounting, Economics, preferred; MBA, CFA, CPA, CTP, or other professional designation a plus
• Minimum 5 years of experience in modeling complex financial instruments in an Asset Liability Management, fixed income research or trading, or similar context (7+ years preferred); ALM software experience required
• Thorough knowledge of interest rate risk metrics such as NII/NIM, EVE, duration, convexity, basis risk, optionality, etc.

• Advanced skills in Excel; SQL and scripting/programming experience and understanding of data modeling and management a plus
• Ability to synthesize and present complex and technical information clearly to management
• Ability to interact, and build relationships across all functions within an organization
• Organized and detail oriented
• Basic accounting knowledge
• Self-starter with the motivation to assume additional responsibilities over time

PHYSICAL AND ENVIRONMENTAL DEMANDS

• Work involves sitting, occasional walking, and lifting up to 10 pounds.
• Requires close visual acuity.
• Normal office environment.
• Occasional travel.

Umpqua Bank is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, protected veteran status, or disability. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.

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