Treasury Analyst at Jovia Financial Credit Union

Westbury, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

18 Jun, 26

Salary

82895.0

Posted On

20 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Liability Management (ALM) Modeling, ALM Analysis, Interest Rate Risk Simulation, Balance Sheet Valuation, Investment Analysis, Wholesale Asset Products, Government Guaranteed Loans, Cash Management, Cash Flow Forecast Modeling, Analytical Skills, Research Skills, Advanced Excel, Data Manipulation, Written Communication, Verbal Communication

Industry

Banking

Description

Treasury Analyst Join our team and begin writing your next success story with us. If you’re looking for a place where culture and leadership matter, look no further. Whether you work here, bank here, or are just getting to know us — this is what it feels like to be part of Jovia. We are Jovia Financial Credit Union. Our name evokes joy, a feeling of optimism, trust, and “banking on the bright side”. We are a new kind of credit union, one that combines service and value with the convenience that today’s technologies allow. At Jovia, we have provided brighter banking for over 85 years, driven by values like innovation, convenience, and community. As a not-for-profit organization, we focus on what’s best for our members, not profits - Come see for yourself! Awarded as one of the best places to work, Jovia has more than $4 billion in assets, 240,000 members, and 500+ employees, we attract the best and the brightest talent-- who do the right thing and present a can-do spirit in a culture of fun, fulfilment, advancement, and development. Find your joy here, every day. Our employees are passionate about our mission, growing through professional development and making a real difference through community involvement and service. We offer a diverse, inclusive work environment with flexible opportunities and competitive benefits. Join us in shaping the future of banking by joining our team. We give you Benefits that Go Beyond Your Paycheck: * Competitive compensation with paid training * Engaged Managers who value your input, are transparent, and provide coaching for your success * Professional Development with growth opportunities and a supportive learning environment * A friendly, inviting work culture filled with social activities that inspire creativity and collaboration * Retirement Benefits, featuring a 401(k) with a generous match plus a defined pension plan * Comprehensive benefits including Medical, Dental, and Vision coverage * Employee Activity Groups that foster a sense of belonging and teamwork * Tuition Reimbursement and School Loan Repayment plans for Full-Time employees * Gym Reimbursement and Employee Wellness time off to support your health and wellness * Flexible PTO options that include vacation payout and sick time incentive payouts * Discounts on Employee Loans to help you create financial success * Supplemental Benefits such as Pet Insurance, Legal plan, and AFLAC plans * A CEO with brilliant vision and aspiration Want to know why we’re so happy? Click here to learn and meet our CEO [https://youtu.be/GEq1AaQCcWE?si=S2cmmtQK_pnoNhDU]! Find out what life at Jovia is like ... https://www.jovia.org/life-at-jovia [https://www.jovia.org/life-at-jovia] What you will be doing: * Perform a central role in Asset Liability Management (ALM) modeling. Prepare and assist in the preparation of quarterly ALM analyses and reports. * Implement and maintain existing interest rate risk simulation model and related balance sheet valuation verifying the accuracy, reasonableness, and consistency of data and assumptions. * Support ALM related initiatives, including work with external third parties involved in the ALM process as applicable to ensure accurate and timely results. * Assist with purchases, reconciliations and third-party settlements for investments or wholesale asset products (government guaranteed loans, etc) * Assist with investment and GGL portfolio analysis and monthly board reporting. * Assist with cash management and cash flow forecast modeling as required. * Perform other tasks as directed by the VP Treasury or the CFO. Ensure the VP Treasury and CFO are aware of all material undertakings at the request of others. What we need from you: * A bachelor’s degree in finance is strongly desired. A master’s degree in finance or progress towards CFA designation (Level 1 or Level 2) is preferred. * Minimum two to three years’ experience in a financial institution setting with focus on ALM & Investments is desirable. * Strong analytical and research skills are required. * Advanced knowledge of excel including filters, formulas, and formatting. The ability to download and manipulate data is required. * Ability to adapt to use of new software or operating environment. * Strong written and verbal communication skills are required Work From Home and Hybrid Requirements: This particular position is Hybrid and requires in-office / plus work from home days to our offices in Westbury, New York: • Internet speed of 100 mbps or higher required (you can test this by going to www.speedtest.net). • Able to dedicate a quiet space for daily work that is free of sound interruptions. • All equipment will be provided by Jovia (Computer, Monitor, Headset) Be part of a growing not-for-profit organization where People are Everything—You are important to us. Help our members meet their financial goals and achieve their dreams. Let’s talk! At Jovia, we celebrate innovation, diversity, teamwork, excellence, and integrity. We are an equal opportunity employer and offer competitive compensation and benefits packages to recruit, retain, and reward top talent. We would like to be your partner in success and happiness! We provide a competitive salary that aligns with qualifications and experience. Compensation may differ based on factors including experience, skill set, and current performance (if applicable). While candidates who do not fulfill the minimum requirements may be considered, this may require a position level, salary, or salary grade adjustment to reflect current experience. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Responsibilities

The analyst will perform a central role in Asset Liability Management (ALM) modeling, preparing quarterly analyses and reports, and maintaining the interest rate risk simulation model. They will also support ALM initiatives, assist with investment and wholesale asset product settlements, and aid in cash management and forecasting.