Responsibilities

• Oversees and direct analysts on the day-to-day capital markets operational activities which includes, but not limited to the following:
- Monitor the account activities and reserve balance at the FRB, including the forecast of the end-of-day (EOD) balance and 30-day forward-looking forecast for Treasury's leadership
- Accounting and settlement of all investment and borrowing transactions
- Daily and monthly reconciliations of investment and borrowing transactions
- Coordinate the month-end closing process of the investment accounting subledger to ensure timely and accurate transmission of accounting entries to the general ledger
- Monthly, quarterly and annual reporting and deliverables for leadership, board of directors, regulators and regulatory and financial reporting/disclosures
- Lead the investigation and resolution of complex discrepancies, data entry errors and out of balance situations; prepare and present recommendations for action/resolution to leadership
- Oversee the maintenance of the investment accounting subledger to achieve efficiencies, reduce operational risk and ensure accurate and timely accounting, analysis and reporting
- Review of analysts' tasks such as corporate and securities wires, journal entries, trades in the investment accounting subledger, etc.
• Assist the Manager to execute/respond to organizational/operational changes and initiatives through assessment of new products, transactions or strategies impacting CM Ops' processes, controls and risks and effective implementation into production
• Review the completeness and accuracy of, and monitor the timely submission of PBCs for internal and external auditors for audits/reviews/exams
• Serve as the CM Ops team's primary point of contact by assisting to lead projects/initiatives within the department or across the enterprise
• Stay abreast of and ensure compliance with applicable federal, state and industry laws, regulations, and guidelines
• Develop team unity, engagement, and capabilities by assisting to:
- Establish performance goals and priorities, conduct and review performance appraisals
- Develop, mentor and counsel analysts with timely and constructive feedback
- Provide growth opportunities and guide career objectives to ensure staff retention and engagement
• Act as manager in the incumbent's absence
• Performs other duties as assigned

Qualifications

• Significant experience or operational knowledge with corporate capital markets operations and executing corporate investments
• Advance experience working in an operational environment with accounting entries, reconciliations, internal/external reporting and related month end close responsibilities
• Significant experience in supervising, leading, coaching and training team members in the application of accounting rules/treatment/regulatory reporting
• Effectively manage multiple priorities independently and/or in a team environment to achieve goals
• Experience working in a SOX control environment to assist in the assessment of controls, risks, and effectiveness over financial reporting, as well as various internal and external audits/exams/reviews
• Significant experience working with cross-functional teams and leading projects
• Working knowledge of investment tracking and accounting software and accounting system (i.e., general ledger)
• Experience in initiating, managing, and executing change
• Effective organizational, planning and time management skills
• Effective interpersonal, oral, and written communication skills and the ability to effectively collaborate with various external and internal technical and functional business partners
• Effectively build relationships through rapport, trust, diplomacy, and tact across the enterprise
• Effective word processing and spreadsheet software skills
• Effective database and presentation software skills
• Bachelor's Degree in Accounting, Economics, Finance, or the equivalent combination of training, education, and experience

Desired Qualifications

• Experience with credit union financials and/or NCUA regulations
• Knowledge of Navy Federal products, services, programs, policies, and procedures
• Working knowledge of Navy Federal's functions, philosophy, operations, and organizational objectives
• Previous experience in the financial services industry
• CPA designation
• Master's or advance degree in Accounting, Economics, Finance, or the equivalent combination of training, education, and experience

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180

About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

• Best Companies for Latinos to Work for 2024

• Computerworld® Best Places to Work in IT

• Forbes® 2024 America's Best Large Employers

• Forbes® 2023 The Best Employers for New Grads

• Fortune Best Workplaces for Millennials™ 2023

• Fortune Best Workplaces for Women ™ 2023

• Fortune 100 Best Companies to Work For® 2024

• Military Times 2023 Best for Vets Employers

• Newsweek Most Loved Workplaces

• Ripplematch Campus Forward Award - Excellence in Early Career Hiring

• Yello and WayUp Top 100 Internship Programs

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.