Capital Markets Operations Analyst I

Overview

To support the execution of Navy Federal's investment and liquidity management strategy by ensuring proper accounting and documentation of associated transactions in compliance with federal regulations and internal policies and procedures. Implement short-term tactical investment/borrowing techniques. Develop and maintain business relationships with multiple internal and external contacts. Monitor and responsible for ensuring accurate reconciliation and proper documentation of cash and investment transactions, related fees and regulatory reports. Contribute to efficient operations by researching, recommending and implementing new or enhanced technology. Works on assignments requiring considerable judgment and initiative with minimum day to day supervision.

Responsibilities

• Perform basic post trade activities related to capital markets transactions, including ensuring successful settlement of securities and/or cash with external counterparties
• Ensure safety, soundness, and accuracy of multi-billion dollar investment and borrowing portfolios by performing on going accounting and coupon maintenance of investment, derivative, and borrowing portfolios
• Execute, design and enhance moderately complex financial and business controls
• Coordinate with Capital Markets team to execute final transactions for investor delivery and trades/securities, including resolving problems/discrepancies
• Monitor and manage daily moderately complex multi-million dollar cash flows daily through the Federal Reserve account to meet reserve and clearing balance requirements, and determine funds available for investment or required for operations (Branch Office/ATM cash orders)
• Collaborate with the Federal Reserve, internal business units, and Navy Federal's contracted courier to reconcile transactions on Navy Federal's Reserve Account; identify and resolve complex substantial dollar value discrepancies
• Process moderately complex multi-million dollar corporate wires to fulfill the Credit Union's obligations
• Perform accounting activities with ledgers, reconciliation and financial reports
• Basic research and review on statistics and reports to discover, report, and leverage business performance and trends Collect, prepare and maintain data for analysis, reports and reference; update and maintain reports and statistics for management
• Stay abreast of and ensure compliance with applicable federal, state and industry laws, regulations and guidelines
• Review proposed policy and procedure changes for technical adequacy, completeness, compliance to regulations
• Identify areas of improvement; determine solutions; implement enhancements/changes to improve operations, standards and results
• Ensure complete and accurate documentation regarding Navy Federal policies and processes
• Perform other duties as assigned

• Experience in corporate treasury operations and executing corporate investments
• Working knowledge of Federal Reserve regulations and cash management standards, practices and procedures
• Experience executing overnight investments, borrowing short-term funds, cash management and account reconciliation
• Experience applying technical accounting knowledge in performing transactions and reconciliation
• Experience in work which displays increasing levels of responsibility and/or authority
• Ability to work independently and in a team environment
• Effective skill in responding to requests regarding complex financial information/data
• Effective skill exercising initiative and using good judgment to make sound decisions
• Effective skill interacting with staff, management, vendors and members diplomatically and tactfully
• Effective verbal and written communication skills
• Effective organizational, planning and time management skills
• Effective word processing and spreadsheet software skills
• Effective database and presentation software skills

• Bachelor's degree in Accounting, Finance, Business Administration, or the equivalent combination of experience, education and training
• Significant experience with credit union financials and/or NCUA regulations
• Working knowledge of Navy Federal products, services, policies, and procedures