Assistant Treasurer

Treasury Analyst

Responsible for investor reporting, warehouse funding, loan sales, cash management, and providing treasury-related support to other teams along with working on the Company's term securitization program. The position is located in the Philadelphia metro area. The position is primarily in-office with flexibility on an as needed basis. The position reports directly to the Treasurer with significant interaction with the Chief Financial Officer.

Key Responsibilities

• Assist in the planning and execution of the term asset-backed securitization program
• Assist in the planning and execution of warehouse lender facilities
• Oversee the day-to-day funding process with warehouse lenders
• Assist in asset/liability management, including interest rate hedging
• Maintain key working relationships with banking partners, rating agencies, external counsel, and investors
• Prepare borrowing base and investor reports, ensuring all reports, remittances, and reconciliations are completed on time and in accordance with policies
• Monitor debt covenants, run compliance tests, and proactively identify required changes resulting from evolving business needs
• Prepare financial analyses for management, investors, rating agencies, and banks
• Manage due diligence efforts with banks, rating agencies, and investors
• Coordinate and run static pool analysis and loss stress models
• Prepare investor decks and meet with current and prospective investors
• Manage lender audits
• Maintain documentation of treasury functions and controls
• Along with Treasurer oversee / manage operational functions directly and / or indirectly with one staff member:
• The daily company cash position, ensuring sufficient funding; ensure investors are properly paid.
• Administer the interface with internal and external bank systems and representatives to control user access
• Administer fraud risk parameters, monitor, and report suspected fraud through appropriate channels
• Maintain policies and procedure manuals
• Review / prepare the accounting entries for treasury functions, including maintenance, analysis, and reconciliation of multiple general ledger accounts and preparation of certain accounting reports and analyses
• Backup treasury staff functions as needed
• Assist and / or manage the monthly asset sale program. Work closely with the Treasurer and VP of Syndication/Sales.
• Provide collateral analysis to ensure assets selected meet eligibility criteria
• Manage and update internal gain-on-sale models to determine the economics of the sale
• Prepare due diligence files for investors on proposed sales
• Coordinate settlement dates of the sale with investors and all internal stakeholders to ensure timely closing
• Prepare and execute sale documents accordingly
• Prepare accounting entries and post-closing tasks and reconciliations
• Interface with investors and handle any buybacks as appropriate
• Prepare various financial and regulatory reports (such as 10-Q/K and Call Reports) utilizing the financial system
• Asset demographics
• Portfolio performance
• Prepare various ad hoc or ongoing financial analyses
• Assist in gathering information and interfacing with auditors as needed

Education and Credentials

• Bachelor's degree in accounting or finance, or strong accounting, reconciliation, and control experience
• CFA Charterholder or candidate is a very strong plus
• CTP (Certified Treasury Professional) or candidate is a plus

Experience

• 5+ years of relevant experience in analyzing and structuring securitization facilities and working with cash management
• Financial services industry experience highly preferred

Technical and Functional Skills

• Strong analytical skills
• Deep knowledge of securitization financing structures
• Advanced skills in spreadsheet software, including pivot tables and financial functions
• Advanced skills in presentation software
• Proficient in office productivity software (email, collaboration tools, word processing)
• Working knowledge of treasury and financial systems