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Management Reporting and Treasury Operations Support

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IDB

2024-11-07 04:39:23

Job location New York City, New York, United States

Job type: fulltime

Job industry: Administration

Job description

Job Description

IDB Bank provides domestic and international, personal and commercial banking services to its U.S. and foreign clientele through its main office in Manhattan, branches in Staten Island, Brooklyn, and Short Hills, NJ, in addition to branches in Beverly Hills and Downtown Los Angeles, California; and Aventura, Florida.

The Bank specializes in U.S. Private Banking, International Private Banking, Middle Market Lending, Asset Based Lending, Commercial Real Estate Lending, Trademark Financing, Factoring, Trade and Finance (Import, Export and Standby Letters of Credit, Documentary Collections, Bankers' Acceptances)

The Treasury Operations department specializes in funding, securities settlements and portfolio reporting, derivative products, deposit programs and Foreign Exchange. This position consists of creating and maintaining Management reporting to Front Office, Risk, Audit and Finance Teams. You will also will be providing securities pricing, derivative revaluations and ensuring correct data in the systems. Reporting for P&L of specific products and month end reporting and reconciliation. In addition, this position will be involved in collaborating with the IT team on system projects and coming up with resolutions for system product issues. You will also be involved in the day to day operations of approving transactions and payments for treasury operations products. We're looking for a team player to assist and learn the various processes in the department and contribute enhancements in the current structure.

Experience with trade settlement, pricing, and reconciliation of the following trading products:

Mortgage Backed Securities, CLO's, Asset backed securities

Interest Rate Swaps (including options)

Fed Funds, Overnight Borrowings, REPO

Collateral Management- Monitor and agree daily mark-to-market movements with counterparties. Work with credit and market risk department to reduce exposure

Static Data Support- update static databases for both counterparty and market data information

Participation in regular audits, and project work. Communicate with Trading Desk, Front Office, Finance, Risk, IT and Compliance to resolve issues.

Bachelors degree in Finance, Economics, Accounting, Math / Statistics or related field,

Experience with Oracle GL, Paragon Accounting and Intellimatch software a plus

Inform a friend!

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