Treasury Operations Analyst

Hudson Valley Credit Union•Poughkeepsie, NY

16h•Onsite

About The Position

Hudson Valley Credit Union is currently recruiting for the position of Treasury Operations Analyst. Primary Function: Complete daily 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 accordance with regulations and Credit Union policy. Assist with the Asset/Liability management process and additional external vendor analytics.

Requirements

Bachelor’s Degree in Accounting or Finance is required.
Minimum 1 years of Advanced Accounting/Finance experience required.
Accounting/Finance experience in a financial institution preferred.

Responsibilities

Perform daily 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 accordance 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 accordance with NCUA regulations and Investment Policy.
This encompasses assessment of the financial performance and stability 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/liability 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 knowledge.
Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises.
Perform additional duties 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.