At Pitney Bowes, we do the right thing, the right way.  As a member of our team, you can too.

We have amazing people who are the driving force, the inspiration and foundation of our company. Our thriving culture can be broken down into four components: Client. Team. Win. Innovate.

We actively look for prospects who:
•    Are passionate about client success.
•    Enjoy collaborating with others.
•    Strive to exceed expectations.
•    Move boldly in the quest for superior and best in market solutions.

Job Description:

As the Assistant Treasurer of the Pitney Bowes Bank, you will own all aspects of Treasury oversight and management for a sophisticated, high-growth industrial bank. Reporting directly to the Chief Financial Officer (CFO), you will build and execute a robust process to manage asset and liability, interest rate, and liquidity risk.

You will be a key advisor to the CFO and CEO in the execution and implementation of key strategic initiatives, including investment strategy, cash management, and product expansion. Overall, you’ll have the opportunity to make a significant impact, in a highly visible role, and contribute to the growth and success of our organization.

As the VP and Assistant Treasurer of PB Bank, you will be responsible for ensuring the Bank maintains sufficient liquidity to meet its obligations, supporting the long-term safety and soundness of the Bank. This newly created role addresses the increasing complexity of managing liquidity and interest rate risk as the Bank deliberately reduces cash holdings by approximately $200MM over 2025 to maximize earnings and provide cash to the parent company.

The Assistant Treasurer plays a critical role in protecting the Bank’s capital and earnings as the organization restructures its balance sheet by building out its 3rd Party Debt and Malone portfolio. Working closely with the Treasurer, this role will establish and manage robust processes to ensure regulatory compliance and serve as a key resource in regulator interactions. The position directly contributes to financial performance and long-term stability by protecting profitability, ensuring compliance, and enabling effective responses to market shifts.

Key Responsibilities

Funding and Liquidity Strategy

• Monitor, stress test, and develop contingency funding options

• Ensure adequate liquidity under both ongoing and stress-case scenarios

• Manage approximately $180MM of cash investments to maximize earnings while maintaining flexibility

Interest Rate Risk Management

• Enhance interest rate risk monitoring processes

• Implement review processes that meet regulatory and internal requirements

• Conduct strategic assessments to address risk gaps

• Support management of profitability impacts from cash, investments, and interest costs

Model Governance

• Support model governance associated with the Bank’s balance sheet

• Develop assumption validation and backtesting processes

• Ensure models meet regulatory standards and support strategic decision-making

Bank Efficiency Strategy

• Monitor and facilitate investment security sales

• Optimize balance sheet efficiency to support $800MM in assets

• Identify opportunities to maximize earnings while maintaining compliance

Operational Excellence

• Drive initiatives that improve utilization of IT resources

• Expand operational efficiency and enhance process rigor

• Lead transformative initiatives and operational improvements

Strategic Leadership & Partnership

• Support the Treasurer in leading ALCO meetings and Treasury processes

• Drive strategic decision-making through informed data analytics

• Partner with the CEO and CFO to build forecasting models

• Communicate recommendations and insights to senior leadership

Required Qualifications

• Bachelor’s degree in finance, economics, or a related field; master’s degree preferred

• Minimum of 5 years of experience in structured finance, correspondent banking, or commercial banking with a focus on small business and middle market clients

• 10+ years of progressive experience in FP&A and Treasury

• Strong expertise in Treasury and FP&A within financial services

• Professional certifications such as CFA or CSFS preferred

• Proven track record of structuring and executing complex financial transactions

• In-depth knowledge