Treasury Operations Analyst

$90,745 - $106,525/Yr

Hudson Valley Federal Credit Union - Poughkeepsie, NY

Full-time - Mid Level

Poughkeepsie, NY

Credit Intermediation and Related Activities

About the position

The Treasury Operations Analyst at Hudson Valley Credit Union is responsible for managing daily cash operations, liquidity monitoring, and forecasting analysis. This role involves analyzing member deposit activities, developing pricing strategies to support deposit growth, and ensuring compliance with regulatory requirements. The analyst will also assist in asset/liability management and vendor analytics, contributing to the overall financial health of the credit union.

Responsibilities

• Perform daily cash management functions and liquidity risk monitoring and forecasting analysis for both short-term and long-term liquidity demands.
• Utilize and enhance analysis tools, techniques and processes to forecast liquidity inflow/outflow projections.
• Develop lookback analysis and design 'what-if' scenarios for liquidity stress testing.
• Evaluate funding alternatives (i.e. borrowing, brokered deposits, asset sale), when applicable.
• Conduct quarterly borrowing access test in accordance with the Contingency Funding Plan.
• Evaluate scenarios, analyze deposit trends, and develop pricing strategies for member deposit growth.
• Assist with developing projections in support of budgeted deposit growth.
• Support Deposit Pricing Committee with compilation of the bi-monthly committee package materials prepared by Treasury Operations.
• Ensure accurate updating and distribution of internal deposit account rate spreadsheets, along with weekly review and distribution of competitor deposit rate surveys through HVCU's field-of-membership.
• Perform weekly FR2900 reporting to meet Federal Reserve Bank regulations.
• Perform monthly pledge of collateral to the FRB Discount Window for required borrowing capacity.
• Ensure annual Borrower-in-Custody process questionnaires are reviewed, updated and submitted timely to the FRB Discount Window.
• Perform due diligence in accordance with NCUA regulations and Investment Policy.
• Assist Treasury Operations Specialist with compiling data and documentation transmitted to external vendors for quarterly asset/liability analysis.
• Co-ordinate and provide required inputs for the annual Deposit Study performed by external vendor.
• Adhere to all Credit Union policies, procedures, and regulatory agency requirements.
• Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA).
• Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises.
• Perform additional duties and special projects as assigned.

Requirements

• Bachelor's Degree in Accounting or Finance is required.
• Minimum 3 years of Advanced Accounting/Finance experience required.
• Accounting/Finance experience in a financial institution preferred.

Benefits

• 401(k) matching
• Dental insurance
• Disability insurance
• Health insurance
• Loan repayment program
• Paid holidays
• Paid time off