Senior Risk, Money Desk and Cash Analyst
Company: Disability Solutions
Location: Des Moines
Posted on: May 6, 2024
Job Description:
At FHLB Des Moines, we work each day to develop an inclusive
culture that supports and leverages the complexity of a diverse
workforce. This enables us to effectively serve the needs of our
members and help them succeed.The Senior Risk, Money Desk and Cash
Analyst will perform many highly regulated functions to benefit the
Bank and its members. This position will evaluate and process
advances, letters of credit and OFAC/AML compliance as well as
analyze the Bank's cash position at various accounts. This role is
key to managing many aspects of regulatory compliance and member
and financial
support.Accountabilities:Responsibilities/Duties/Functions/Tasks:
- Calculate daily cash investible total for investment
purposes
- Analyze cash position at Federal Reserve Bank, Office of
Finance and correspondent financial accounts utilizing Electronic
Funds transmission, investments, security/custody settlement to
determine end-of-day cash positions
- Evaluate issues resulting from OFAC and Anti-money Laundering
searches determining necessary action to be taken
- Provide guidance on advance products and perform necessary
transactions related to advance transactions, prepayment fee
coordination with Capital Markets and funding notifications for
members
- Process Letter of Credit applications, modifications, issue
documentation and manage beneficiary data
- Perform Record Retention on behalf of MFO and BPM
- Process Bank and member safekeeping entitlementsQualifications:
- Bachelor's degree in business or related field
- Three + years' experience in financial industry or equivalent
experience
- Banking industry certifications are a plus
- Demonstrated ability to successfully collaborate across
different departments
- Excellent attention to detail.
- Ability to engage others respectfully, self-motivate, and has
strong organization and presentation skills.Compensation
Range:Annual Salary: $65,000.00 - $70,000.00This salary range
represents the Bank's good faith and reasonable estimate of
possible compensation at the time of hire. Offer to be determined
by selected applicant's education, experience, knowledge, skills &
abilities, as well as internal equity and alignment with market
data. This role is also eligible to participate in the Bank's
annual incentive plan. As part of our competitive Total Rewards
package, the Bank offers 11 paid holidays, 5 weeks of PTO and a
work culture that values work/life balance. Most roles are eligible
for our hybrid work schedule of 3 days per week in office, 2 days
per week work-from-home. We match 100% of the first 6% you
contribute to your 401(k), and provide an additional 4%
non-discretionary contribution to your 401(k) at the end of year.
More information on our Total Rewards program can be found .At FHLB
Des Moines, we celebrate diversity, work to create an inclusive
culture and champion equity in all of our policies and practices.
This enables us to effectively serve the needs of our members and
help them succeed. FHLB Des Moines is proud to be an Equal
Opportunity Employer. We prohibit discrimination on the basis of
race, color, religion, sex (including pregnancy, sexual orientation
or gender identity), national origin, age, disability, veteran
status, genetic information (including family medical history),
status as a parent or any other characteristic protected by
federal, state or local law.
Keywords: Disability Solutions, Ames , Senior Risk, Money Desk and Cash Analyst, Accounting, Auditing , Des Moines, Iowa
Didn't find what you're looking for? Search again!
Loading more jobs...