Investment Officer

"Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!"

Grade 12

About Republic Bank

Republic Bank's values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It's one of the reasons we've been named as one of the Best Places to Work in Kentucky for ten years! For more information about the company, please visit www.republicbank.com.

POSITION PURPOSE AND OBJECTIVES
This role is responsible for investment reporting & analysis, security transfers, wholesale funding settlements, the bond accounting system, and other ad-hoc reporting.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS
* Minimum of 4 years' experience within the Treasury area of a financial institution required.
* Completed CFA Charter can substitute for minimum experience level.
* Demonstrates a strong knowledge of both money and capital markets.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES
Description - % of Time Spent

Portfolio Analysis & Reporting - 60%
* Understand the instruments within the security portfolios, along with their specific properties, and how they fit into the overall Bank strategy.
* Utilize the Bloomberg system to produce historical economic data, and update the security portfolios as transactions are executed, along with other associated reports and analysis.
* Responsible for the Bank's monthly investment and wholesale borrowing reporting.
* Prepare the investment and wholesale borrowing presentations for weekly ALCO, monthly Investment Strategy Committee, Bi-Monthly Board Presentations, and quarterly Peer analysis.
* Evaluate listing of FHLB Advances, market value and calculate weighted average rate, term, etc. of all Advances.

Transaction Processing & Compliance - 40%
* Facilitate the transfer of securities through the Federal Reserve and / or other correspondent banks when transactions settle.
* Ensure proper settlement of securities by communicating with brokers and maintaining detailed records of transactions.
* Responsible for oversight of the bond accounting system and ensure accuracy and prompt distribution of information to the Accounting Department and Chief Investment Officer monthly.
* Prepare necessary reports for the internal and external auditors, regulators, etc.
* Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
* Model and foster behaviors that support the Bank's values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
* Willingly perform all other duties and projects as assigned.

INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED
* Excellent verbal and written communications skills.
* Ability to analyze issues and situations systematically.
* Ability to organize and prioritize to meet deadlines.
* Detail oriented with strong organizational skills.
* Self-motivated and work in a team environment.
* Requires a high energy level and strong sense of urgency.
* Ability to recommend practical ways using innovation, good judgment, creativity, and strategic thinking.

PHYSICAL REQUIREMENTS
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.

OTHER REQUIREMENTS
* Travel between Republic Banking facilities may be required including occasional out of town travel.
* Flexible work schedule may include some evenings, weekends and/or overtime.
* Stay abreast of new developments, best practices, and statutory and regulatory changes.