Treasury Operations Analyst

Reports To: Treasury Operations Manager

Salary Grade: 6

Direct Reports: N/A

SUMMARY:

This position is responsible for ensuring the integrity of Treasury Operations’ business activities such as the accurate processing of investment transactions, the processing of investment accounting transactions, and the adequate tracking and pledging of collateral for investments and public depositors. This includes the building of relationships and processes with safekeeping banks and investment brokers.

JOB REQUIREMENTS:

• Bachelor’s degree or equivalent experience in accounting or finance preferred
• Four or more years of experience in accounting or financial environment
• Ability to work under strict time deadlines and assume ownership of role
• Strong computer, organizational, communication and management skills
• Proficient in Microsoft Office programs
• Ability to work independently with little or no supervision
• Ability to prioritize assigned tasks
• Ability to work with sensitive and confidential information
• Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.

JOB FUNCTIONS:

General Operations

• Ensure timely and accurate settlement of trades, i.e. bonds, brokered & bank certificate of deposits, reverse repo, swaps, tri-party, FHLB Advances & Overnight Fed Funds
• Verify all trades within TPG Assist with wires related to investments, wholesale funding, derivatives and other transactions as appropriate
• Calculate and send notices on a monthly basis to counterparties relating to interest due on cash margin
• Assist in monthly ALCO reports for Funding & Liquidity
• Assist with Investment Subsidiary Principal & interest monthly payments as appropriate
• Maintain documentation associated with counterparties and transactions within TPG
• Other duties as assigned

Collateral Management

• Monitor public deposit accounts daily to ensure adequate collateral
• Monitor and manage collateral by working with safekeeping agents to release and re-pledge securities as needed for public deposits, repurchase transactions, swaps and other borrowings
• Maintain accurate collateral records in TPG
• Assist with reviewing bond accounting and safekeeping reports for accuracy
• Conduct monthly reporting as required for state collateral pools
• Assist with customer service relating to public customers and their auditors
• Become familiar with loan collateral pledged to FHLB and FRB

Derivatives

• Verify derivative transaction entries in TPG
• Affirm derivative information within Markitwire matches trade details for cleared derivatives
• Confirm information received from counterparty matches trade details for bilateral derivatives
• Settle periodic (depending on terms) payments between Company and counterparties for bilateral derivatives
• Settle accounts with clearinghouses for margin, fees and payments daily
• Post all necessary entries related to derivative trades and settlements

Reporting

• Maintain audit ready documentation of all trades

Other

• Perform special projects and additional duties as assigned
• Ensure regulatory compliance with state and federal requirements related to public funds and loan collateral
• Develop a working understanding of how TPG works and the products being loaded
• Maintain and update procedures for all aspects of Treasury Operations activities