Banking Operations Analyst

Federal Home Loan Bank of Dallas • Irving, TX

4h • Onsite

About The Position

FHLB Dallas actively pursues dedicated and hardworking individuals to be a part of our professional team. Positions are offered on an as-needed basis for all departments. View our current opportunities by clicking the View Open Positions tab above. BASIC PURPOSE Facilitate the movement and administration of all department assigned products and services. Work with Members, Non-Members, and Internal Customers to perform department functions that support the Bank’s core business and strategic operations. Performs operational analysis and support for department assigned functions.

Requirements

• Bachelor’s degree in Finance, Accounting or other business-related degree preferred.
• Experience in back-office operations with an emphasis on Wires, ACH, Safekeeping, or Credit Functions preferred.
• Ability to multitask, set priorities, and exercise sound judgement while meeting goals and deadlines.
• Excellent interpersonal communication, time management and organizational skills.
• Proficient PC skills.

Nice To Haves

• Knowledge of Microsoft Power Applications, AI and SQL preferred.

Responsibilities

• Assist Members and internal partners in all areas of the department (Safekeeping, Letters of Credit, DDA, Member Maintenance and Wires).
• Represent Banking Operations on Member calls, in workshops and other sessions where Safekeeping and Wires expertise is needed.
• Review Member-initiated transactions (Safekeeping, Letters of Credit, Wires, DDA and Maintenance) to ensure transactions have been appropriately initiated and comply with current policies or procedures.
• Exercise sound judgment in processing and release of any non-Member-initiated transactions.
• Responsible for compliance with department internal controls, policies, procedures, FHFA and other regulations.
• Suggest updates to procedures and assist with the annual review to ensure procedures and policies reflect the current operating environment.
• Responsible for monitoring FHLB’s Federal Reserve account balance throughout the day to ensure sufficient account balances are maintained.
• Manage the end-of-day cash position for the Bank by communicating changes to Treasury.
• Assist the Treasury and Accounting departments on internal wires and Members on external wires, by ensuring all wires are released in accordance with policies and procedures.
• Responsible for OFAC/BSA/AML validation of all Bank transactions/requests that are or may become applicable by regulation or Bank policy.
• Determine quality of hits to decide when to complete additional research that must be preserved for support of decision to accept, block, hold, or report an entity or transaction.
• Ensure the Bank is operating with the current OFAC list and update as needed.
• Participate in projects that impact internal and external applications and processes.
• Articulate the needs of the department and be the voice of the Member in scrum meetings and other settings that determine project roadmap and timelines.
• Responsible for documenting and executing test scenarios and test scripts for quality assurance and user acceptance testing.
• Participate in writing and troubleshooting new and existing SQL queries and SSRS reports, as well as utilizing Microsoft Power Applications, AI and other available tools to automate processes within the department.
• Identify unusual processing, potential fraud or other areas that may result in exposure and recommend corrective action to protect the Bank and its Members.
• Identify problems in Bank and escalate or resolve as appropriate.
• Provide prompt, courteous service to all internal and external customers.
• Participate in departmental and group cross-training to enhance staff skill building in other areas of the department and group division.
• Ensure all required reporting (daily, weekly, and monthly) is delivered as requested by Members and other third parties.
• Assume additional responsibilities as assigned.

Benefits

• FHLB Dallas provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability, or national origin.
• FHLB Dallas will consider for employment all persons on an individual basis consistent with job-related criteria without regard to visible and non-visible disabilities.
• Equal opportunity applies to all employment practices, including recruitment, screening, hiring, compensation and training, as well as other conditions and privileges of employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level