Financial Analyst-WV State Treasurer's Office-Kanawha

Overview

This job opportunity is not in the classified service and is not covered by the West Virginia Division of Personnel merit system. If you are interested in this position, you must apply directly to the hiring agency.

Email resumes or inquiries to resumes; open until filled.

FINANCIAL ANALYST - WV STATE TREASURER'S OFFICE - KANAWHA CO.

Salary
: $50,000 - $65,000; salary commensurate with training and experience. Full-time employees of the West Virginia State Treasurer’s Office (WVSTO) are eligible for Public Employee Insurance Agency benefits and a number of other benefits available to state employees.

Location
:
Charleston, WV

Job Type
:
Full-Time Permanent;
Not in the Classified Service

Division
:
Banking Services - Debt and Securities Management

Reports To
:
Director of Debt and Securities Management

Under limited supervision, this position performs analytical review of financial information from designated state depositories (financial institutions) to ensure the collateralization of public funds and assist external customers, as well as internal WVSTO staff on the completion of daily assignments. This position is also responsible for providing support on various projects for the Debt and Securities Management and Department which will require analytical skills and ability to manage multiple priorities.

• Utilize internal systems to determine the proper amount and/or percentage of collateral to be posted for public fund deposits held by each designated state depository.
• Review and monitor acceptable collateral types provided by designated state depositories.
• Monitor and analyze information provided by a third-party rating system and compare it to WVSTO rating table to ensure the proper amount and/or percentage of collateral is provided by the designated state depository.
• Monitor collateral provided by the designated state depositories for proper valuation and eligibility.
• Draft presentations to educate and present information related to collateral and debt management programs to banks, local governments, and state agencies.
• Prepare, educate, and present information to financial institutions, local governments, and state agencies.
• Reconcile the WVSTO collateral system, spending unit/agency reports and bank records on a regular basis.
• Work with designated state depositories on new setups and changes in the WVSTO collateral system and the safekeeping agent system.
• Process and/or approve collateral and wire requests from designated state depositories.
• Monitor monthly and yearly reporting from designated state depositories and public depositors.
• Monitor the quarterly selection of pooled or dedicated method of providing collateral by the designated state depositories.
• Monitor suspensions or exceptions of designated state depositories for compliance with state code and WVSTO policies as needed.
• Prepare special reports as requested.
• Assist other Banking Service’s Departments with quarterly, and annual debt reporting.
• Serve as backup to the Director for debt service payments. This includes reporting, document entry in the state’s financial system (wvOASIS) and other duties related to debt service as assigned.
• Work with internal Banking Services Division staff on new banking relationship needs.
• Monitor opportunities to improve processes, controls and procedures.
• Serve as backup to the Safekeeping Department to ensure securities are processed as needed.
• Assists on special projects as needed. Provide excellent customer service and support.
• Performs filing duties as needed.

Bachelor's degree from four-year college or university required, with a major in accounting or finance preferred; two years related experience and/or training; or equivalent combination of education and experience.

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the…