Financial Analyst - Treasury Management

Description Position Summary The Liquidity Analyst will contribute to Liquidity Risk management, Asset Liability management (ALM), and liquidity monitoring of the Bank in accordance with existing and future guidance approved by the Board. They will have functional responsibility for undertaking the financial and quantitative analyses on liquidity management to protect the Bank’s assets. They will ensure the implementation of the investment strategy to manage cash balance efficiently and to participate in the development of new financial instruments as it relates to ALM and in managing the financial risk of the Bank. Summary Of Essential Job Functions Purpose Manage liquidity risk of the Bank and ensure adequate liquidity for Bank’s daily operational needs as well as for the projects approved by the Board Monitor and enhance liquidity risk management framework for the Bank, encompassing industry trends, contingency planning and liquidity buffers Manage the 90-liquidity forecast of the Bank and communicate and implement a comprehensive plan to maintain adequate operational liquidity as to avoid programmatic disruption Manage and administer the company’s escheatment program Engagement Within the Treasury & Finance Department, provide financial solutions and analysis to address complicated issues on liquidity portfolio investment and interest rate risk management Assist in preparing periodic communication and responses to queries/information requests from Senior Management, Board Members on matters related to financial policies, and financial risk management Support the Asset Liability Committee (ALCO) Liaise with various Departments to identify and mitigate funding and liquidity risks associated with ongoing projects Assist in preparing for periodic audits and ensure department processes adhere to approved controls, policies, and procedures Proactively educate staff at all levels on the treasury function as a whole Work with the pertinent accounting team and various other stakeholders to ensure the Bank is in compliance with state unclaimed property regulations Delivery Innovation via financial modeling and report development. Undertake financial analysis on specific ALM issues, identifies discrepancies and/or excessive risk levels, and proposes solutions Undertake quantitative analytical work, research, and technical studies related to the various aspects of the Bank's liquidity investment, and financial policies requested by the Board Monitor cash flow, update risk dashboard, and provide support in the related financial matters Assist in the preparation of Board papers, and responses to queries on financial issues Maintain and ensure implementation of the procedures, data, guidelines and controls to ensure integrity of financial information, and manage financial risks such as interest rate risk, liquidity risk, and overall capital adequacy Perform other duties as assigned Position Requirements Bachelor’s degree in Finance/Accounting or an equivalent combination of education and experience. Prior experience in a bank or financial institution is a plus. Strong knowledge of financial instruments including but not limited to fixed income securities and other investment products. Expertise in Treasury application system development, maintenance, and support. Experience in Oracle/Netsuite ERP. Expertise in Microsoft Excel, PowerPoint and other typical finance related systems required. Knowledgeable about financial markets/instruments and how to mitigate relevant financial risk. Solid understanding of relevant Treasury policies, guidelines, and reporting formats. Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees. #J-18808-Ljbffr Credit One Bank