Part-Time Domestic Helper
Deborah Macan Markar
The primary purposes of the alm/business analyst is to support effective balance sheet management, income
Forecasting, capital adequacy functions and to support the credit union’s strategic objectives by designing programs, reports, and data extractions utilizing the core and other data analysis/visualization toolsThe alm/business analyst will analyze and generate the monthly and quarterly alm reports, as well as interest rate curves under changing scenarios, including deposits, mortgages, credit cards, long-term debt, and securitiesThe alm/business analyst will develop a thorough understanding of the organization’s interest rate risk, including earnings at risk, basis point value, change in market value, and net interest income sensitivityThe alm/business analyst will develop a thorough understanding of the credit union’s data strategy objectives, and assisting in the implementation and maintenance of the credit union’s data governance program.
In addition, the alm/business analyst will responsible for the accounting of the investment portfolio, safekeeping, and monthly reconcilements of cash and investment related accounts, and the compilation of data and reports necessary to support financial reporting and audits/exams, in accordance with credit union policies and procedures, generally accepted accounting principles (gaap), and federal laws and regulations.
Deliver service, to both internal and external members, in alignment with the credit union’s service promises.
We promise to make it easy to do business with us
We promise to treat you with respect
We promise to identify and take ownership of your needs
We promise to make a positive difference in your financial life
We promise to thank you for being a member
Meets all established service goals.
Responsible for the day to day management of the investment portfolio, including monitoring and recommending possible purchases and sales, as well as planning for possible future funding needs of the credit union, and generating investment income.
Process investment settlement and daily cash account wire transfers, and serve as backup for member wire transfers.
Conduct investment activities and reporting as directed by the avp, finance & alm and/or the chief financial and risk officer (cfro)This includes interaction with approved investment brokers to monitor and analyze possible sales and purchasesPrepare trade tickets, enter trades, and maintain documentation for all trades and sales.
Maintain and monitor investment concentration report according to policy.
Maintain investment and liquidity related policies and procedures.
Maintain monthly update of the profitstar system, which are used for projection and budget modeling.
Assist avp, finance & alm in preparation of quarterly alm.
Prepare monthly financial reports and analyses for presentation to the asset and liability committee and board.
Create business reports to support decision making and strategic planning from sources contained in the core system, customer relationship manager, loan origination system, and data warehouses.
Develop data visualization and interpretation approaches to answer business questions
Detect flaws in data records and lead correction processes
Verify, balance, and reconcile investment related general ledger accounts, including balance sheet subsidiary accounts include cash, investments, receivables, accruals/deferrals, other accountsResearching general ledger/subsidiary account variances and posting entries as required.
Maintain daily cash/liquidity requirements and six month forecast for the avp, finance & alm and cfro.
Compile required regulatory data for submission of the federal reserve bank 2900 report, and the ncua quarterly call reportServe as backup for the federal home loan bank (fhlb) qualifying collateral report (qcr).
Provide information necessary to support the budget process, audits/exams, or special projects.
Provide assistance/support to other departments in researching and reconciling errors, imbalances, and outstanding items.
Provide the support necessary to maintain the financial, statistical, and accounting records in accordance with gaap, credit union policies/procedures, and federal laws and regulations.
Maintain working knowledge of the software programs utilized by the credit union to generate, validate, reconcile, and archive accounting data and financial records.
Identify inefficient and outdated processes; recommend improvementsCoordinate process improvements with other departments to enhance efficiencies within the organization.
Create and maintain working procedures for the functions of this position.
Ensure related accounting records are archived in accordance with credit union policies and procedures.
Cross-train on the functions of the finance team, providing backup as needed.
Perform other duties and tasks as assigned.
Professional well-developed interpersonal skills essential for interacting with credit union staff.
Requires educational equivalent to a bachelor’s degree in accounting or related field.
At least two to four years’ experience in an accounting or a related field required with one year investment portfolio management and reporting experience.
Requires intermediate knowledge of pc applications (word, excel, ms outlook, and financial accounting software)Knowledge of symitar/ profitstar preferredKnowledge of sql preferred
Requires judgment to solve day-to-day problems within established guidelines.
Advanced mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.) along with the ability to translate information into meaningful analysis to target audience.
Must analyze complicated factual situations, apply functional principles, and develop solutions.
Intermediate mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.)
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this jobReasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle or feel, reach with hands and arms, and talk or hearThe employee is occasionally required to stand, walk, bend, kneel, and reach above or at shoulder levelThe employee must occasionally lift/push/pull and/or carry up to 10 pounds.