Treasury Specialist

Genesee Regional Bank; City of Rochester (NY); On-site; USD 65,000 - 85,000; Full time

Job summary

Genesee Regional Bank is seeking a Treasury Analyst to execute a range of treasury transactions, support liquidity management, and assist in accounting and financial modeling tasks. The role involves documenting settlements, measuring interest rate risk, and ensuring compliance with regulatory requirements.

The position supports collateral management, participates in MULOC processes, and collaborates with accounting for month-end accruals and reporting.

Qualifications

• Bachelor’s degree in finance or accounting or related field.
• Experience at a financial institution or working in finance or accounting preferred.
• Strong data analytics and financial modeling skills.

Responsibilities

• Assist with management of the bank’s assets and liabilities and understand instruments related to cashflows and risk.
• Oversee operational settlement and documentation of treasury transactions (wires, wholesale funding, investments, derivatives).
• Assist in measuring the bank’s interest rate risk position.
• Prepare, record, and document accounting general ledger entries for treasury transactions.
• Assist with regulatory compliance, bank policies, and industry best practices.
• Assist with collateral management and pledging assets for wholesale funding and derivatives.
• Participate in the FHLB MULOC process and NYS Deposit Programs.
• Collaborate with accounting to perform month-end accruals and reporting.
• Assist leadership with data aggregation, analysis, and reporting for audits.
• Support regulatory exams, external audits, and internal audits.

Skills

Data analytics

PC literacy

Interpersonal skills

Independent work

Discretion

Education

Bachelor’s degree in finance, accounting (or related business field)

Tools

MS Excel

Financial modeling software

Job description

Primary Responsibility

This position is primarily responsible for executing treasury transactions (including liquidity management, investments, wholesale funding, and derivatives) and assisting in the performance of variety of treasury department tasks related to accounting as well as financial modeling and reporting.

Salary Range: $65,000 - 85,000

Essential Functions

• Under the supervision of the Treasury Manager, assist with the management of the bank’s assets and liabilities. This includes developing a basic understanding of the financial characteristics of on-balance sheet and off-balance sheet financial instruments as they relate to cashflows, interest rate risk, liquidity, credit, earnings, and capital.


• Primary responsibility for the operational settlement and documentation of all treasury transactions, including wires, wholesale funding/borrowing, investment purchase/sales, and derivative trades.


• Assist in measurement of the bank’s interest rate risk position.


• Primary responsibility for the preparation, recording, and documentation of accounting general ledger journal entries for all treasury transactions.


• Assist with measurement of and compliance with all relevant regulatory requirements, bank policies, and industry best practices.


• Assist with collateral management, including the measurement of collateral positions and primary responsibility for the operational processes to pledge assets to collateralize wholesale funding, derivatives, and certain customer deposits.


• Participate in the FHLB MULOC process.


• Assist with the New York State Deposit Programs (Linked Deposit and State Charter/CBDF).


• Work with personnel in the accounting department to perform certain accounting responsibilities including recording month-end accruals and reporting.


• Assist the department leadership team with various data aggregation, analysis, and reporting.


• Assist with requirements for pertinent regulatory exams, external audits, and internal audits.


• Active participation in the behaviors outlined in The GRB Experience.


• Other duties as assigned.

Education And Experience

• Bachelor’s degree in finance, accounting (or related business field) or commensurate experience required


• Experience at a financial institution or working in finance or accounting preferred.

Competencies

• Provide a remarkable client experience. Greet clients with warmth, genuine interest and a smile.


• Lead by example. Identify current or potential problems, take ownership and see them through to resolution.


• Act as a unified team. Possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments.


• Ability to work independently. Seek and incorporate feedback on your performance from management, coworkers and clients.


• Demonstrated PC literacy.


• Ability to handle highly confidential information with sensitivity, tact and discretion.


• Possesses exceptionally strong data analytics skills and a passion to dig into data to find answers.


• Demonstrated ability to navigate, comprehend and administer complex financial modeling software, including superior skills with advanced functionality in MS Excel.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to use hands or fingers, handle, or feel and reach with hands and arms. The employee frequently is required to stand, sit, walk, climb stairs, talk, hear, type and write. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

Work Environment

The work environment is indoors and climate-controlled office setting. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Genesee Regional Bank is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, sex, disability, veteran status, or any other basis protected by applicable federal, state, or local law.

THIS JOB DESCRIPTION IS SUBJECT TO CHANGE AT ANY TIME.

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.