Treasury Operations Analyst

Job Title: Treasury Operations Analyst

Reports To: Treasury Controller

Direct Reports: N/A

Salary Grade: 6

SUMMARY

This position is responsible for ensuring the integrity of Treasury Operations' business activities such as the accurate processing of investment transactions, the processing of investment accounting transactions, and the adequate tracking and pledging of collateral for investments and public depositors. This includes the building of relationships and processes with safekeeping banks and investment brokers.

EDUCATION AND EXPERIENCE REQUIREMENTS

• Bachelor's degree or equivalent experience in accounting or finance preferred

• Ability to work under strict time deadlines and assume ownership of role

• Strong computer, organizational, communication and management skills

• Proficient in Microsoft Office programs

• Ability to work independently with little or no supervision

• Ability to prioritize assigned tasks

• Ability to work with sensitive and confidential information

• Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.

JOB FUNCTIONS

General Operations

• Ensure timely and accurate settlement of trades, i.e. bonds, brokered & bank certificate of deposits, reverse repo, swaps, tri-party, FHLB Advances & Overnight Fed Funds

• Verify trades within bond accounting system

• Assist with wires related to investments, wholesale funding, derivatives and other transactions as appropriate

• Calculate and send notices on a monthly basis to counterparties relating to interest due on cash margin

• Assist with Investment Subsidiary Principal & interest monthly payments as appropriate

• Maintain documentation associated with counterparties and transactions within bond accounting system

Collateral Management

• Monitor public deposit accounts daily to ensure adequate collateral

• Monitor and manage collateral by working with safekeeping agents to release and re-pledge securities as needed for public deposits, repurchase transactions, swaps and other borrowings

• Maintain accurate collateral records in bond accounting system

• Assist with reviewing bond accounting and safekeeping reports for accuracy

• Prepare monthly reporting as required for state collateral pools

• Assist with customer service relating to public customers and their auditors

Derivatives

• Verify derivative transaction entries in derivative system

• Affirm derivative information within Markitwire matches trade details for cleared derivatives

• Confirm information received from counterparty matches trade details for bilateral derivatives

• Settle periodic (depending on terms) payments between UCBI and counterparties for bilateral derivatives

• Settle accounts with clearinghouses for margin, fees and payments daily

• Post all necessary entries related to derivative trades and settlements

Reporting

• Maintain audit ready documentation of all trades

Other

• Perform special projects and additional duties as assigned

• Develop a working understanding of how bond accounting and derivative system works and the products being loaded

• Update procedures for all aspects of Treasury Operations activities

SUPERVISORY RESPONSIBILITY

This position does not have any direct reports.

WORK ENVIRONMENT

United location within the footprint

POSITION TYPE

This is a full-time position that requires schedule flexibility to work evenings and weekends as needed.

TRAVEL

This position requires up to 10% travel.

OTHER

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.