As a key member of the Treasury team within the Finance Department, this position will play a critical role supporting management of the credit union’s investment portfolio, liquidity and capital position consistent with Credit Union policies and procedures, and related regulations. As part of the role, the Senior Treasury Analyst will respond to inquiries or requests for information and communicate with multiple departments and people, both internally and externally.
Normal Day-to-Day Work
Analyze the institutional fixed income portfolio. Produce portfolio analytics using Yieldbook software to meet regulatory requirements and drive portfolio management decision making.
Execute daily cash and funding management for the credit union. Develop both the daily and longer-term cash and funding strategies in conjunction with broader balance sheet strategy.
Research and recommend an optimal approach to securing further secondary capital.
Produce, analyze, and deliver monthly loan collateral reports in compliance with the Federal Home Loan Bank and the Federal Reserve Bank reporting requirements. Become the primary Finance team point of contact for managing these external funding line relationships.
Forecast monthly balance sheet with a particular emphasis on cash. Monitor and explain actual vs. forecasted variances.
Utilize SAS software to help analyze and predict member behavior and better inform cash forecasting.
Convert and implement finance software, including process development, testing and system upgrades
Refine overall cash management process by leveraging Sage Intacct software to provide more efficiency.
Provide feedback and suggestions to improve established policies, procedures, and/or methodologies.
Present analysis, strategy, and relevant Treasury-related topics in quarterly Treasury meetings with Treasury Manager, VP Investments and Market Strategies, VP Financial Risk, and SVP of Finance.
Here are a few skills you MUST have to be considered for this position.
BS in Business/Finance/Accounting plus a minimum of 4-6 years of experience with financial analysis and 1-3 years in treasury.
Strong Treasury background, with an understanding of cash, liquidity, investment management and fixed income securities.
Must possess exceptional interpersonal communication skills, organizational, analytical, and problem solving skills.
Strong PC proficiency including Microsoft Office (Word, Excel, PowerPoint, Outlook).
Ability to function in a Consumer business office environment and utilize standard office equipment including but not limited to: PC, copier, telephone, etc.
Ability to lift a minimum of 25 lbs. (file boxes, computer printer).
Travel required on occasion.
Here are a few qualifications we’d LIKE you to have to make you more suited for this position.
Previous bank or credit union treasury experience.
Ability to work independently yet collaborate cross-functionally in a team environment.
Ability to educate non-financial professionals on investment, cash, and funding management matters.
Strong presentation skills.
About the LGFCU Culture
If you are working here, or considering working here, you should know a little something about the LGFCU culture. We are a workplace that highly values the contributions of a diverse group of people. We believe if we put our heads and hands together, we can accomplish amazing feats for our members. To this end, we recruit bright, energetic and talented people to be members of our team. In return, we offer a dynamic work place that presents opportunities for advancement and learning new skills. We really believe that when our employees succeed, members win.
If you have questions about this position description, please feel welcome to ask. You can reach our HR at:
LGFCU Human Resources
3600 Wake Forest Road
Raleigh, NC 27609
About Local Government Federal Credit Union
The LGFCU Story
This isn’t just a story about a credit union. It’s really a story about you.
In the beginning, there was one credit union for all of North Carolina’s government employees, both state and local. But a few banks insisted that this credit union was serving more than its designated field of membership, despite (and probably because of) our huge happy membership base.
So State Employees’ Credit Union (SECU) continued to serve the needs of state level employees while Local Government Federal Credit Union (LGFCU) was born to focus on the local government employees and volunteers we serve today.
Our Carolina home
LGFCU received a federal charter on March 24, 1983. It’s important to the story to know we received a federal charter. Why? Because a federal charter means we can serve members across the United States, but we made a careful decision to focus in on our home state of North Carolina. That’s how important our members are to us. And how much we love BBQ.
Let’s stay friends
Our relationship with SECU has remained strong since those early days. So strong, in fact, that our members are served through SECU’s network of nearly 1,100 CashPoints® ATMs and 250 b...ranches across North Carolina. From Murphy to Manteo, when you see a CashPoints® or SECU location, LGFCU members are welcomed.
LGFCU is a not-for-profit cooperative. That means that everything we do is driven by our mission to improve the lives of our members, not driven by the need for a CEO to sail around the world on his gold-plated yacht. It also means that each of our members is a stakeholder in LGFCU. Every member gets a vote. Every member helps to decide and shape our future.