OneMain Financial Jobs

Treasury Operations Analyst

Location: Brooklyn, OH (onsite)

Duration: 9-10 Months

Description:

The Treasury Operations Department is responsible for processing transactions and preparing both internal and regulatory reports associated with the Investment Portfolio, Collateral Management, Funding (including Liabilities), and Safekeeping functions.

The Operations Analyst maintains an accurate and current system of record that reflects all Treasury-related transactions.

Treasury Operations primarily supports multiple Lines of Business at client and its affiliates.

Portfolio responsibilities encompass managing fixed income securities such as bonds, settling trades involving fixed income and equities, processing principal and interest payments, and reconciling General Ledger entries.

Funding activities include administering Client debt issuances and borrowings, overseeing principal and interest payments, monitoring aggregate cash positions at Client, conducting due from account reviews, initiating large-value wire transfers, and reconciling General Ledger entries.

Collateral management tasks involve pledging securities to support various contracts, products, and public deposits, as well as monitoring collateral surpluses or deficits daily across all positions.

Safekeeping duties include executing buy and sell transactions, handling principal and interest processing, distributing trade confirmations and receipts, and ensuring accurate reconciliation of General Ledger entries.

The department consistently prepares managerial, financial, and regulatory reports and upholds robust internal controls to ensure full compliance with SOX regulations.

Essential Job Functions

Demonstrated working knowledge of accounting principles and general ledger structures, with the capability to create and maintain balanced entries.

Accurately prepares and delivers information for managerial and financial reports in compliance with Service Level Agreements.

Builds strong relationships with Line of Business Partners to effectively address and resolve discrepancies by providing detailed support.

Actively participates in departmental projects.

Skilled in researching and analyzing both typical and atypical patterns and trends.

Proficient in performing all functions at the primary desk, as well as supporting and providing backup across multiple desks/functions within the department

Experienced in working within various financial platforms.

Collaborates independently with technology partners to define, test, and implement bug fixes and minor system enhancements.

Proactively identifies and implements opportunities for process improvement.

Maintains a high level of attention to detail in daily functions, consistently recognizing, identifying, and processing transactions accurately.

Conducts thorough research using available resources within designated timeframes.

Makes sound decisions under tight deadlines and pressure.

Performs and executes accurate balancing reconciliations between systems and general ledgers.

Effectively manages multiple tasks with minimal supervision.

Self-motivated and results-oriented, with the ability to work efficiently under deadlines and contribute successfully within a team environment.

Required Qualifications

Proficient in Trade and wire systems, including Lightning and Collateral Matrix Database.

Minimum three years’ experience in financial operations, with knowledge of Fixed Income securities, paydowns, pricing, and security movements.

Strong analytical and decision-making skills. Excellent organization and attention to detail.

Able to work independently.

Advanced Microsoft Excel skills (including Vlookups); strong Microsoft Suite proficiency.

Quick learner with aptitude for diverse financial products.

Effective communicator.

Professional, knowledgeable, and able to maintain confidentiality while working with clients at all levels.

Adaptable to change.

Strong problem-solving skills and ability to implement solutions.

Preferred Qualifications

Bachelor’s Degree in Accounting or Finance and/or equivalent work experience in an Operations environment.

Ability to learn new concepts quickly and develop an in-depth knowledge of a wide variety of functions.

Working knowledge of the Lightning (LFM) database system.

Working knowledge of free security movements utilizing FED and/or BONY Mellon systems.

Working knowledge of the CMS (Collateral Management System) database.

Call notes:

Treasury Ops Dept- team of 9 people

Converting to a new platform, need to move everything over to the new system

Familiar with basic accounting processes

Wires over $50M goes through this team

Issue or buying debt off market

Degree in accounting or finance

A lot of room for advancement at client

FedLine advantage exp would be great

InTrader, TPG, Lightening experience is a big Plus

Quickbooks is not relevant to this role

Ideal cand would have 2-3 years of banking, finance experience (minimum 1 year)

Potential to be converted to perm but not guaranteed

SME in Excel would be extremely helpful

SME in excel could cancel out the degree requirement but ideal cand will have both