The Treasury Analyst supports the Financial Treasury and Analysis function and is primarily responsible for managing short and long term cash flows. The position is a part of the Finance division and is responsible for creating, analyzing, and reporting both short and long term liquidity forecasts. Prepares financial models and forecasts and makes recommendations to the Director of Finance based on trends and analysis. Supports goals and objectives within the organization and delivers results in an environment where critical deadlines need to be met. Performs all other duties as assigned. Implements and performs according to the established TDECU REAL standards.
Essential Duties and Responsibilities:
(To perform successfully in this position, an individual must be able to perform essential duties satisfactorily as well as possess education/experience, knowledge, skill, and ability as listed in representative fashion: reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position - this listing of essential duties is not all inclusive, but representative, other duties may be assigned.)
1. Treasury Management
Advises TDECU management on treasury, liquidity planning, cash management, investment, and funding strategies.
Manages the daily cash positions to optimize allocations and portfolio returns.
Manages and analyzes the investment portfolio, providing updates and investment recommendations to the Director of Finance.
Supports, analyzes, and manages various funding strategies, including sales, borrowings, deposits, participations, policies, covenants, compliance, and brokerage relations.
Provides analytical and implementation support to Treasury policy and strategy development.
Prepares advanced modeling and cash flow forecasting. Works with product managers on updating and ensuring the accuracy of forecast inputs.
Analyze actual cash flow data, highlighting variances and business drivers to provide feedback and coaching to forecast providers.
Ensure appropriate correlation of the cash forecasting process with the daily cash positioning process through data analysis, assessments of the impacts of the daily cash positions on the monthly forecasts and ongoing continuous improvements.
Identify and implement opportunities for improving the accuracy of the forecast.
Contributes efforts to continually challenge and improve the metrics used to measure cash management performance.
Understands and enforces control mechanisms to ensure appropriate safeguarding of cash management.
Interacts with internal and external personnel as required.
Provides other financial analysis as necessary within the Finance division.
Creates detailed cash forecasts with weekly updates based on business input and trends, industry and market awareness, and general business and economic analysis.
Provides policy and covenant compliance updates.
Provides various reports and dashboards to the Director of Finance.
Monitors maturity schedules and market conditions on investment portfolios and funding sources.
Monitors regulatory and policy compliance objectives relating to Liquidity Management.
Monitors and analyzes interest rate trends to identify opportunities and risks relating to liquidity strategies.
Measures performance and accuracy through operational metrics, management tools and techniques, and seeks improvement opportunities through model tracking.
Stays abreast of macro and micro economic trends and climates, business practices, products, and industry competition in order to analyze and speculate on potential business impacts.
4. Community Relations
Actively participates in internal and external community relations activities and groups to represent the Credit Union.
Stays abreast of changes in credit union services or procedures.
(Education, Experience, Knowledge, Skills, and Abilities)
Bachelors or four year degree in finance, accounting or similar from an accredited college or university is required.
Masters degree and/or professional certification in cash management, accounting, or finance preferred.
Two to three years of similar or closely related work experience preferred.
Experience working in a financial institution and knowledge of federal regulations governing financial service industry is preferred.
3. Knowledge, Skills, and Abilities
Ability to read, analyze, and interpret technical, industry-specific, analytical literature, and financial reports.
Knowledge of forecasting, analyzing, financial accounting, and economics as related to banking operations.
Skilled in decision making, analytical thinking, and strong organizational and time management skills, including the ability to work independently under tight deadlines, while managing multiple tasks simultaneously.
Effective oral and written communication skills.
Effective interpersonal skills including a positive attitude, initiative, inquisitiveness, good judgment, and a strong team player.
Demonstrated proficiency in Microsoft Office Suite of applications, particularly Excel.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Physical Demands and Work Environment:
(The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform essential functions of this position and/or may be encountered while performing essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)
While performing the essential duties of this position, an employee would frequently be required to stand, walk, and sit. An employee must frequently life and/or move up to 10 pounds and may occasionally lift and/or move up to 25 pounds to perform essential position functions.
Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
The noise level in the work environment is usually moderate.
Regular attendance is an essential function of this position. This means that the employee is required to report to work on time and must remain available to clients during scheduled hours.
This position requires face-to-face interaction in person or by telephone and e-mail with customers, clients, and vendors.