at First Mid Bank & Trust in Mattoon, Illinois, United States
Job Description
Position: Senior Asset Liability Analyst
Location: Mattoon, IL
Job Id: 3510
# of Openings: 1
Responsible for asset-liability modeling and reporting, accounting, and financial analyses in a manner that accurately reflects the financial position of the Company.
Responsibilities include, but are not limited to:
Responsible for preparation of asset-liability reports and financial forecasting through use of modeling software. Manages and maintains documentation of input and output assumptions. Coordinates quarterly interest rate risk report processing. Reports findings to managers.
Responsible for the investment settlement process and monthly investment reporting for ALCO, Senior Management, and the Board of Directors.
Establishes target balances and coordinates contract approval for the Company's corporate sweep product.
Develops and processes the Corporation's annual budget. Maintains and enhances the budget software application and database.
Monitors the Company's funding position including the daily cash position, public funds, brokered CDs, and FHLB advances. Serves as a backup to the Asset/Liability Manager for funding decisions, including fed funds purchased/sold and Federal Home Loan Bank borrowings.
Responsible for monthly, quarterly, and annual reports for internal and external purposes. Reporting is used by ALCO, Senior Management, the Board of Directors, and government entities, including the FHLB of Chicago and the FDIC.
Coordinates capital expenditures for the Corporation. Provides financial analysis for each expenditure as needed, documents approvals and monitors overall level of expenditures.
Provides support to CFO, CEO, and others as needed for special projects.
Implements new software packages for the department as required.
Serves on Company committees as needed.
Performs other duties as assigned.
Qualifications
Education/Experience:
Bachelors' degree with major in accounting, finance, or business administration required.
Minimum of five years of financial institution experience.
Skills:
High level of analytical skills to assess and evaluate various operations, processes, and financial data.
High level of computer literacy skills to complement analytical abilities.
High level of interpersonal skills to effectively communicate complex accounting issues to general management.
Strong oral and written communication skills.
Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
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