AVP Treasury Operations

Responsible for daily operational functions (multi-product) within the Treasury Operations Department, to facilitate timely and accurate processing. Assist in ensuring that all relevant daily, weekly and monthly controls & procedures are followed. Assist in managing Treasury Operations workflow, ensuring the timely and accurate processing of all treasury transactions: Money Market, Securities and Derivative products Qualifications Five to Ten years processing experience, working with the following products and having corresponding in depth knowledge: Products Money Markets: Placements and Borrowings – all currencies, CD’s, CP’s, FX (spot, forward and swaps), FX reval process, Repos and Reverse Repos, Cash Management (cash transfers among BNY Mellon, FRB, & State Street). Securities: Treasuries (Bonds, Notes, Bills), Corporate Bonds, agency securities- GNMA, FNMA, FHLMC, SBA (proficient on coupon collection, factors, floating rates and delay). Derivatives: MBS/ABS, CMO’s, CDO’s, CLO’s (, Interest rate SWAPS, Credit Default Swaps – CDS, Swaptions, Options, Financial Futures, Caps & Floors, FRA’s Systems, Exchanges and Custodians Familiarity with trading systems affirmation platforms and market data services (Bloomberg, Markitserv, Trade Web, etc.) Has worked with multiple securities custodians and clearing banks, Federal Reserve, BONY, JP Morgan Chase Experience using different internal Trading Systems, Summit (Bond definitions setup), paragon, SWIFT Alliance, Fedwire securities, DTC, Clearstream, Euroclear, CME, CBOE, LCH, LIFFE, etc. Experience with system upgrades and migrations. User Acceptance and End to End Testing. Documentation. Skills: Good PC skills (Excel, Microsoft Word, etc.) Knowledgeable of the changes for ISO 20022 (format changes, BIC codes) Working knowledge of Actimize Knowledge of macros, SQL, MS Access, Python is a plus Strong analytical, communication and interpersonal skills. Ability to multi-task & prioritize in a fast-paced environment, and when working with strict daily processing deadlines. Accuracy & attention to details Must be able to interact effectively with Front Office personnel and counterparties. College Degree Preferred Essential Duties Reconcile Daily Bond PL Report (Positions) from Summit against Front Office P/L Report Check Daily RM Prices uploaded to Summit against Bond PL Prices Check Summit “Expected Payments Report” in order to verify & maintain the daily cash position. Verify trades input into the system by front office Confirm trades, including via SWIFT MT 320. Set up CUSIP schedules and input trades in Summit Input and approve/accept trades and monitor settlements in Insight & GTM (State Street), BNY MMI system(CD’s & CP’s in Bank of New York) Initiate Margin calls on TBA and Repo’s trades Monitor “Treasury Edge Cash activity report” & daily cash position “Custody Net” (State Street) for cash settlements/P & I activities. “Insight” (State Street) for trade settlements, & advise fails. “Captain” (State Street) for Corporate Actions Reconcile State Street Nostro account Vs. Midas postings daily Transit and Control accounts (Midas postings & balances daily) Daily cash position with BNY Mellon cash report and Front Office FX positions & confirm with Front Office Summit data Vs Kondor for Bonds and Repos Futures & Options P/L with Front Office (OPSTIE) Process manual journal entries for differences/adjustments, etc. Process trade assignment agreements Maintain cash position for the bank Reconcile & process of daily variation margin settlements (Futures & Options) Perform market closing for the Futures and Options Desk Transfer funds as needed for daily cash management Provide backup for daily functions as needed Reconcile accounts payable/receivable Maintain departmental statistics: excel spreadsheets, files, archives, etc. Provide Front Office with reports as requested (PLUPD, etc.) Process and dispatch payments (FX, and USD) Prepare and update the Pledged Assets Report Hybrid New York, New York Salary: $140,000 - $150,000 #J-18808-Ljbffr