Assistant Treasurer

About Us

How This Role Impacts Live Oak and its People

The Assistant Treasurer is a key member of the Treasury team responsible for the banks daily and strategic liquidity management investment portfolio oversight capital planning and enterprise-wide liquidity and capital stress testing and the development and execution of the banks derivatives and hedging program. This role will manage critical third-party and regulatory relationships including internal/external audit partners and bank examiners and will collaborate with ALCO and key stakeholders across the bank to maintain a strong resilient balance sheet in all market environments.

What Youll Do at Live Oak

Liquidity Management & Funding

• Own daily weekly and monthly liquidity positioning and forecasting including cash flow projections wholesale funding plans and operational liquidity buffers

• Optimize funding mix across core deposits brokered deposits FHLB and Federal Reserve capacity correspondent lines and capital markets alternatives

• Maintain and monitor internal liquidity metrics (e.g. coverage ratios stress outflows) and ensure alignment with risk appetite and policy limits

• Prepare materials and recommendations for ALCO on liquidity strategy contingency funding plans (CFP) and early warning indicators

Investment Portfolio Oversight

• Co-manage the banks investment portfolio including security selection risk/return analysis duration positioning convexity and prepayment modeling

• Execute purchase/sale decisions evaluate swap strategies around the portfolio and manage portfolio within established risk tolerances for price sensitivity and liquidity objectives

• Oversee fair value OTTI/CECL considerations for securities and work closely with Finance on accounting reporting and disclosures

Capital Planning & Stress Testing

• Manage capital planning processes including forecasting stress testing integration and alignment with board/regulatory expectations and strategic objectives

• Lead endtoend liquidity and capital stress testing processes (idiosyncratic and market-wide scenarios) including assumptions data integrity model governance and result synthesis

• Produce actionable insights for ALCO and executive leadershiplinking stress outcomes to contingency actions funding capacity and capital planning

• Partner with Risk and FP&A to integrate stress results into budgets strategic plans and regulatory submissions

Derivative & Hedging Programs

• Assist with the Design implementation and operation of the banks derivatives and hedging program with an initial focus on backtoback interest rate swaps for commercial borrowers in collaboration with a leading third-party advisory firm

• Establish product governance and controls pricing frameworks hedge accounting documentation counterparty onboarding/ISDA and collateral management leveraging external expertise to ensure best practices

• Coordinate fronttoback processes (origination execution confirmation accounting and reporting) to ensure operational excellence and strong internal controls

• Collaborate with Treasury team to evaluate and implement balance sheet hedges to manage IRR within policy

Audit Examination & Governance

• Serve as primary Treasury liaison to internal audit external auditors and regulatory examiners (FDIC Fed NCCOB) ensuring readiness transparency and timely remediation

• Maintain strong policy frameworks for capital liquidity IRR investments derivatives and model risk and ensure compliance with applicable guidance and accounting standards

• Drive continuous improvement in Treasury processes data quality controls and documentation standards

Leadership & Collaboration

• Foster a strong team culture within Treasury and Finance by sharing knowledge supporting peers and collaborating on projects to achieve collective goals

• Lead and develop direct report(s) setting clear objectives coaching and supporting professional growth

• Build strong partnerships across Small Business and Commercial Banking Credit Finance Enterprise Risk Operations Legal Compliance and Technology to deliver integrated treasury solutions

• Prepare and present highquality materials for ALCO senior management and the Board

• Ability to communicate complex treasury liquidity and market-risk concepts clearly and effectively to executive management the Board and cross-functional partners

• Maintain a high standard of regulatory awareness including BSA AML CIP and OFAC

Required Experience

• Bachelors degree in Finance Economics Accounting or related field

• 7 years of progressive treasury balance sheet management or capital markets experience in a commercial bank or similar financial institution experience at a mid-size bank (>$10Bn assets) preferred

• Working knowledge of regulatory frameworks (liquidity capital IRR) and model risk governance

• Executive-ready communication analytical rigor attention to detail project management and ability to lead cross-functional initiatives

• Strong Microsoft Office skills (Advanced Excel)

• Proven ability to manage multiple priorities and deadlines in a fast-paced environment

Preferred Experience

• Advanced degree or professional certification (MBA CFA)

• Experience in a high-growth or digitally focused bank environment

• Hands-on experience executing balance sheet management transactions (funding investments derivatives)

• Background in enterprise-wide stress testing and scenarios analysis (DFAST)

• Experience with treasury systems (e.g. Empyrean or similar ALM platforms)

• Familiarity with U.S. GAAP (hedge accounting)

Our Values

• Dedication:Possess a deep commitment to Live Oak Banks mission and core values exemplified through a strong work ethic adaptability and pride in your work.

• Ownership:Take initiative to deliver positive results by proactively and creatively solving problems while maintaining a high degree of quality.

• Respect:Treat everyone with courtesy politeness and kindness.

• Innovation:Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

• Teamwork: Foster collaboration accountability and trust with others and understand that together we do more

For a detailed overview of our employee benefits please visit: Oak Bank is an Affirmative Action and Equal Opportunity Employer Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age genetic information veteran status or disability. Equal access to programs service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at.

EEO is the Law

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave including but not limited to Arizona California Colorado District of Columbia Maine Maryland Massachusetts Michigan Nevada New Jersey New Mexico New York Oregon Rhode Island Vermont and Washington.