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. Implements short-term tactical investment/borrowing techniques. Develops and maintains business relationships with multiple internal and external contacts. Monitors and is responsible for ensuring accurate reconciliation and proper documentation of cash and investment transactions, related fees and regulatory reports. Contributes to efficient operations by researching, recommending and implementing new or enhanced technology. Consistently works on complex assignments requiring independent action and a high degree of initiative to resolve issues. Acts independently to determine methods and procedures on new assignments and makes recommendations.

Responsibilities

• Perform complex post trade activities related to capital markets transactions, includes 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 complex financial and business controls

• Coordinate with Capital Markets and executes final transactions for investor delivery and trades/securities, including resolving problems/discrepancies

• Monitor and manage daily 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

• 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 complex multi-million dollar corporate wires to fulfill the Credit Union's obligations Conduct moderate analysis 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 complex policy and procedure changes for technical adequacy, completeness, and 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 related duties as assigned

Qualifications

• Significant experience in corporate treasury operations and executing corporate investments

• Advanced knowledge of applicable accounting and bond math

• Advanced knowledge of Federal Reserve regulations and cash management standards, practices and procedures

• Significant experience applying techniques used in analyzing and reporting financial information

• Experience leading projects and/or initiatives of small to medium scope

• Experience presenting technical solutions and/or recommendations

• Ability to work independently and in a team environment

• Advanced research, analytical, and problem solving skills

• Advanced skill in responding to requests regarding complex financial information/data

• Advanced skill in producing desired results and achieving goals and objectives

• Effective skill speaking and/or presenting in front of groups in a professional setting

• Advanced skill interacting with staff, management, vendors and members diplomatically and tactfully

• Advanced verbal and written communication skills

• Advanced organizational, planning and time management skills

• Advanced word processing and spreadsheet software skills

• Advanced database and presentation software skills

Desired Qualifications

• 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

• Advanced knowledge of Navy Federal products, services, policies, and procedures

Hours: Monday - Friday, 8:00AM - 4:30PM

Locations: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Drive Pensacola, FL 32526

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

• Best Companies for Latinos to Work for 2024

• Computerworld® Best Places to Work in IT

• Forbes® 2024 America's Best Large Employers

• Forbes® 2023 The Best Employers for New Grads

• Fortune Best Workplaces for Millennials™ 2023

• Fortune Best Workplaces for Women ™ 2023

• Fortune 100 Best Companies to Work For® 2024

• Military Times 2023 Best for Vets Employers

• Newsweek Most Loved Workplaces

• Ripplematch Campus Forward Award - Excellence in Early Career Hiring

• Yello and WayUp Top 100 Internship Programs

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

REQNUMBER: 21780