Assistant Manager, Capital Markets Operations

Assist the Manager in managing and directing the processes, controls, analysis, and reporting functions of the Capital Markets Operations (CM Ops) branch within the Treasury division to support Navy Federal’s investment and liquidity management strategy.  Lead a team of analysts in the daily operational activities to ensure proper management and monitoring of Navy Federal’s reserve balance at the Federal Reserve Bank (FRB) and accounting of investment/debt transactions by appropriately applying federal and industry regulations, as well as internal policies and procedures to ensure accurate and proper reconciliation and reporting for financial statements and regulatory reporting.  Partner with the Manager in leading ongoing operational strategy, and alignment with corporate and departmental strategic goals and initiatives.

• 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

• 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 Qualifica