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Offer: Treasury Operations Analyst:Job description:
Treasury Operations AnalystOverviewHudson Valley Credit Union is currently recruiting for the position of Treasury Operations Analyst. Primary Function: Complete everyday cash management and perform liquidity monitoring and forecasting analysis in conjunction with policy adherence and risk quantification. Perform analysis on member deposit activity related to liquidity inflow/outflow projections and develop pricing strategies support of budgeted deposit growth. Perform reporting and due diligence in conformity with regulations and Credit Union policy. Assist with the Asset/Licapability management process and additional external vendor analytics. Responsibilities » Perform everyday cash management functions and liquidity risk monitoring and forecasting analysis for both short-term and long-term liquidity demands. Utilize and enhance analysis tools, techniques and processes to forecast liquidity inflow/outflow projections. » Develop lookback analysis and design “what-if” scenarios for liquidity stress testing. Evaluate funding alternatives (i.e. borrowing, brokered deposits, asset sale), when applicable. Conduct quarterly borrowing access test in conformity with the Contingency Funding Plan. » Evaluate scenarios, analyze deposit trends, and develop pricing strategies for member deposit growth. Assist with developing projections in support of budgeted deposit growth. » Support Deposit Pricing Committee with compilation of the bi-monthly committee package materials prepared by Treasury Operations. Insure accurate updating and distribution of internal deposit account rate spreadsheets, along with weekly review and distribution of competitor deposit rate surveys through HVCU’s field-of-membership. » Perform weekly FR2900 reporting to meet Federal Reserve Bank regulations. Perform monthly pledge of collateral to the FRB Discount Window for required borrowing capacity. Ensure annual Borrower-in-Custody process questionnaires are reviewed, updated and submitted timely to the FRB Discount Window. » Perform due diligence in conformity with NCUA regulations and Investment Policy. This encompasses assessment of the financial performance and stcapability of security issuers and broker-dealers in addition to background checks on brokers. » Assist Treasury Operations Specialist with compiling data and documentation transmitted to external vendors for quarterly asset/licapability analysis, examine and update model assumption inputs, update spreadsheet analytics and review all outputs for accuracy. Co-ordinates and provides required inputs for the annual Deposit Study performed by external vendor. » Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained expertise. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional tasks and special projects as assigned. » Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism. » Responsible for regular and predictable attendance including punctuality. Qualifications » Bachelor’s Degree in Accounting or Finance is required. » Minimum 3 years of Advanced Accounting/Finance practice required. » Accounting/Finance practice in a financial institution preferred. Why choose HVCU? HVCU cares for our employees, members, and community. We actively seek to create an inclusive workforce by hiring people with diverse perspectives and practices. We celebrate and embrace what makes each of us different and foster an environment where everyone feels that they belong. In commitment to our diversity, equity, and inclusion mission, we encourage members of historically underrepresented communities to apply, including those who identify as women, minorities, veterans, disabled and LGBTQ+. Employee Perks: » HVCU University & Academy; Professional Development Training » Student Loan Repayment & Tuition Reimbursement Programs » Medical, Dental, and Vision coverage (coverage starting as low as $20 per month) » 401(k) with employer match and non-elective employer contribution » Paid time off (PTO), holidays, and community volunteer time » Life, Short-Term, and Long-Term Discapability Insurance » Discounted Loan Rates & Fees Hudson Valley Credit Union is an AA/EEO employer committed to equal opportunity and employee diversity. All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, the status of being transgender, national origin, discapability, military or veteran status, genetic information, marital or familial status, domestic violence victim status, or any other characteristic protected by law. » Bachelor’s Degree in Accounting or Finance is required. » Minimum 3 years of Advanced Accounting/Finance practice required. » Accounting/Finance practice in a financial institution preferred. Why choose HVCU? HVCU cares for our employees, members, and community. We actively seek to create an inclusive workforce by hiring people with diverse perspectives and practices. We celebrate and embrace what makes each of us different and foster an environment where everyone feels that they belong. In commitment to our diversity, equity, and inclusion mission, we encourage members of historically underrepresented communities to apply, including those who identify as women, minorities, veterans, disabled and LGBTQ+. Employee Perks: » HVCU University & Academy; Professional Development Training » Student Loan Repayment & Tuition Reimbursement Programs » Medical, Dental, and Vision coverage (coverage starting as low as $20 per month) » 401(k) with employer match and non-elective employer contribution » Paid time off (PTO), holidays, and community volunteer time » Life, Short-Term, and Long-Term Discapability Insurance » Discounted Loan Rates & Fees Hudson Valley Credit Union is an AA/EEO employer committed to equal opportunity and employee diversity. All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, the status of being transgender, national origin, discapability, military or veteran status, genetic information, marital or familial status, domestic violence victim status, or any other characteristic protected by law. » Perform everyday cash management functions and liquidity risk monitoring and forecasting analysis for both short-term and long-term liquidity demands. Utilize and enhance analysis tools, techniques and processes to forecast liquidity inflow/outflow projections. » Develop lookback analysis and design “what-if” scenarios for liquidity stress testing. Evaluate funding alternatives (i.e. borrowing, brokered deposits, asset sale), when applicable. Conduct quarterly borrowing access test in conformity with the Contingency Funding Plan. » Evaluate scenarios, analyze deposit trends, and develop pricing strategies for member deposit growth. Assist with developing projections in support of budgeted deposit growth. » Support Deposit Pricing Committee with compilation of the bi-monthly committee package materials prepared by Treasury Operations. Insure accurate updating and distribution of internal deposit account rate spreadsheets, along with weekly review and distribution of competitor deposit rate surveys through HVCU’s field-of-membership. » Perform weekly FR2900 reporting to meet Federal Reserve Bank regulations. Perform monthly pledge of collateral to the FRB Discount Window for required borrowing capacity. Ensure annual Borrower-in-Custody process questionnaires are reviewed, updated and submitted timely to the FRB Discount Window. » Perform due diligence in conformity with NCUA regulations and Investment Policy. This encompasses assessment of the financial performance and stcapability of security issuers and broker-dealers in addition to background checks on brokers. » Assist Treasury Operations Specialist with compiling data and documentation transmitted to external vendors for quarterly asset/licapability analysis, examine and update model assumption inputs, update spreadsheet analytics and review all outputs for accuracy. Co-ordinates and provides required inputs for the annual Deposit Study performed by external vendor. » Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained expertise. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional tasks and special projects as assigned. » Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism. » Responsible for regular and predictable attendance including punctuality. Skills:
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