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Position Title: Asset Liability Management Analyst

Location/Affiliate: 220 Liberty Street, Warsaw, or FSB Plaza-Chestnut Street, or Buffalo

Reports To (Title): Corporate Treasurer Department: Treasury Department: Treasury

FLSA Status: Exempt or Non-Exempt (HR to complete)

Purpose: The ALM Analyst is responsible for maintaining the systems, data and analytical modeling of the Company's interest rate risk. This position is a dedicated resource for Treasury staff position to assist the Treasurer in investment portfolio decisioning, earnings simulation testing, and serving as a back-up to the Cash Administrator position, Municipal line of business, and CDARS/ICS sales. This position performs various analytical and financial reporting modeling for senior management while performing additional responsibilities in the Treasury, Finance, and Accounting functions as assigned.

Scope and Direction

Area of Responsibility: Treasury and Finance

Degree of Supervision Received (Minimal, Moderate or Extensive): Minimal

From (Title): Corporate Treasurer

Degree of Supervision Given (None, Minimal, Moderate or Extensive): None

To (Title(s)): N/A

Essential Functions: The major duties of the job that constitute the fundamental tasks and or responsibilities of the position. Employees must be able to perform the essential functions of the position with or without reasonable accommodations.

1. Maintains the systems, data and analytical modeling of the Company's interest rate risk. Develops scenarios, reports and recommendations for senior management.

2. Develops and maintains a model governance framework and control structure for the interest rate risk model, in accordance with regulatory best practices.

3. Monitors ALCO policy limits and reports compliance measurements to Corporate Treasurer.

4. Assists the Corporate Treasurer in management of the investment portfolio.

5. Collaborates with Senior Treasury Analyst and Corporate Treasurer in the management of liquidity stress testing framework.

6. Interfaces with broker / dealer network for ongoing collateral management related to the derivative portfolio.

7. Serves as a back-up to the Cash Administrator function, including determining the Bank's daily cash position ensuring required reserve targets and correspondent bank balances are maintained, decisioning over investing and borrowing funds completed in accordance with Bank policy, and reporting of the Bank's liquidity position on a daily basis.

8. Prepares, performs and distributes financial analysis related to the Treasury, Municipal, and CDARS/ICS lines of business and derivative activities.

9. Applies analytical research and assistance to Finance staff in developing in-house profitability reporting on a fully allocated, co-terminus funds transfer priced basis.

10. Assists with external reporting including both SEC and bank regulatory report preparation on an as needed basis.

11. Prepares, performs and distributes internal financial analysis, including but not limited to, cash flow projections, budgeting, and long-term forecasting on an as needed basis.

12. Gathers and reviews information for Treasury and Finance related vendors for GLBA compliance in conjunction with the departments and Vendor Management Specialist.

13. Demonstrates the standards and principles of the Five Star experience in every interaction with internal and external customers and associates. Incorporates the high-performance behaviors of teamwork, leading by example and service in every facet of work.

14. This job description is not exhaustive. The Treasury & Financial Management Analyst may be required to perform other duties as assigned.

Job-Related Qualifications: The Required qualifications are those that the candidate needs to meet in order to be considered for the position.

Education:

Required: Bachelor's Degree in Accounting, Finance, Economics or Mathematics

-OR-

Required:

-OR-

Required:

Preferred: MBA or Master's Degree in Accounting, Finance or CPA Prior Experience:

Years: 4+ Type: Asset Liability Management experience

Years: Type:

Years: Type:

Years: 6+ Type: Asset Liability Management experience within the Financial Services industry

Licenses or Accreditation:

Required: N/A

Preferred: N/A

Competencies: Competencies are the measurable or observable knowledge, skills, abilities and behaviors critical to performing the essential functions of the position.

1. Possess knowledge of Asset Liability Management, Interest Rate Risk, Finance and Accounting concepts and a strong business acumen

2. Excellent verbal and written communication skills with the ability to interact positively and professionally with all levels of staff and management

3. Understanding of internal control, audit methods, core business procedures, risks and related exposure

4. Analytical ability to interpret data and present it in a meaningful and easily understood form while providing recommendations

5. Possess a high level of attention to detail to ensure accuracy

6. Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines.

7. Proficient in Microsoft Office with the ability to learn and utilize new existing banking, accounting, and reporting and planning software applications

Physical Requirements:

1. Able to regularly sit for prolonged periods of time

2. Able to Travel: Occasionally within corporate footprint

3. Extensive computer usage is required

Note: At a later stage in the application process, applicants may be required to provide information about their criminal conviction history, if any, and to authorize the procurement of a consumer report that will contain, among other things, information about criminal conviction history. Except as required by applicable law, past criminal convictions will not automatically disqualify an applicant from employment, and Five Star Bank will only consider such history in accordance with applicable law. Please be advised, however, that federal law prohibits Five Star Bank from employing "any person who has been convicted of any criminal offense involving dishonesty or a breach of trust or money laundering, or has agreed to enter into a pretrial diversion or similar program in connection with a prosecution for such offense" unless the FDIC has provided prior written consent.