Senior Treasury Analyst #614a

---

Job description

Location: Newtown, CT
Newtown Savings Bank is seeking an accounting or finance professional to join our Finance team as a Senior Treasury Analyst. The Senior Treasury Analyst is responsible for submitting input files and analyzing output files for ALCO and Liquidity reporting. Calculating monthly Capital and Liquidity ratios. Overseeing the preparation of the monthly Investment Report and monthly account reconciliations of investment-related GL accounts. Assisting with FAS 114 impairment analyses and serve as back-up in conducting quarterly analyses of the loan loss reserve.
PRIMARY RESPONSIBILITIES

• Under the guidance of the Treasury Manager, coordinate with FinPro in aggregating data and formulating assumptions for the quarterly running of the Asset Liability Management simulation model, which also includes Liquidity Analytics.
• Validate the output of the Asset Liability Management model and analyze financial schedules received. Prepare quarterly reports to be reviewed by ALCO. Periodically coordinate what-if analyses utilizing the Asset Liability Management simulation model.
• Submit input files to FinPro for completion of the annual Beta, Decay, and Prepayment Study, for the annual Asset Liability Management Assumptions Stress Testing, and for the annual Depositor Loyalty Analysis. Assist in verifying the output and analyzing the data to draw conclusions.
• Responsible for monthly liquidity calculations and analyses. This includes the Sources and Uses Schedule, Liquidity Risk Monitor, Liquid Asset Cushion, and Liquidity Measurements spreadsheets.
• Collaborate with Treasury Manager to ensure that management reports for the ALCO meetings have been completed and reviewed in a timely fashion.
• Assist in preparation of annual budget. This includes establishing balance sheet targets for assets and liabilities based upon discussions with the ALCO Committee as well as coordinating the asset liability management simulation model to estimate resulting net interest income.
• Prepare the monthly journal entries as well as the quarterly valuations for mortgage servicing rights (both input file submission and review of resulting output files and reports).
• Maintain the Bank's capital ratios model and perform the monthly calculations for all regulatory capital ratios to be reviewed and approved by the Treasury Manager or CFO.
• Responsible for the verification of outgoing wire transfers when necessary. This includes both domestic and international wires, along with the purchase and sale of foreign currency.
• Oversee the preparation of the monthly investment report for the CEO and CFO. Oversee the monthly account reconcilements for investment-related accounts.
• Responsible for annual reviews of the Bank's approved securities broker-dealers (Focus Reports, FINRA checks, etc.) and for a summary memo documenting these reviews and highlighting any concerns.
• Responsible for annual creditworthiness review of any counterparty with whom the Bank enters into a derivative transaction with. Assist with interest rate swap reporting and related GL entries on both a monthly and quarterly basis.
• Weekly, review and approve the calculation of ICS rates prior to them being shared bank wide.
• Oversee the production of the bi-weekly Deposit Pricing Report (Finance section) for the Deposit Pricing Committee.
• On a quarterly basis, review FAS 114 loans for impairment and act as backup to the Treasury Manager in preparing the overall quarterly loan loss reserve analysis. Also, perform an independent review of a sampling of FAS 114 analyses (for reviews completed by someone else) as assigned by CFO. Document this review and include any questions and/or findings for the preparer.
• Assist Treasury Manager with the completion of the financial analysis portion of vendor risk assessments as needed.
• Review and approve reconciliations and journal entries prepared by other members of the Finance Department.
• Assist Treasury Manager and CFO in performing ad-hoc financial analyses upon request of Senior Management.

*
POSITION REQUIREMENTS*

• A Bachelor's degree in finance/accounting with four to seven years' experience preferably in the banking/financial services industry or other combinations of education and experience.
• Computer skills required with proficiency in Excel.
• Experience with automated general ledger systems is beneficial.

*
QUALIFICATIONS*
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Full time employees also receive a complete benefit package including a generous 401(k), medical benefits, paid time off, and short and long term disability programs.
Newtown Savings Bank is an equal opportunity and affirmative action employer regardless of race, gender, disability status, protected veteran status. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, age, marital status, national origin/ancestry, sexual orientation, gender identity, disability status, protected veteran status, or any other legally protected status.

Job Type: Full-time