Senior Safekeeping & Funding Specialist

Role: This position includes, but is not limited to, the oversight of processing various security transactions, working with customers on various safekeeping matters and relaying all bond accounting information to the correct individuals.

The Senior Safekeeping & Funding Specialist manages the secure handling, custody, and accounting of financial assets, securities, or other valuables on behalf of bank customers. The position ensures trades, securities, and collateral are properly recorded, safeguarded, and reconciled in compliance with regulatory and internal controls. The position also coordinates with the bank CFO and other Finance team members to develop funding products and strategies for the bank and bank customers.

Essential Duties and Responsibilities:

• Clear and process trades for bank customers, including processing all security sales, purchases, and calls
• Process daily interest payments and reconcile differences between custodians and internal systems
• Balance daily payments from the Federal Reserve and BBOW
• Process all pledging changes
• Provide an exceptional customer experience for safekeeping customers and act as a point of escalation for problem resolution as needed
• Reconcile select “Due from” bank accounts
• Investigate discrepancies and maintain audit trails for all transactions
• Maintain vendor due diligence for the safekeeping, bond accounting and wholesale CD vendors.
• Direct the Wholesale CD program for customer funding purposes
• Manage documentation and coordinate records for retention and destruction
• Act as a liaison with the Bank’s bond accounting partner, relaying information as needed
• Act as subject matter expert and trainer for safekeeping, bond accounting, and wholesale CDs
• Required to be in compliance with GLBA/Privacy, Information Security and BSA/AML as it relates to this position
• Coordinate with other Safekeeping team members to make sure all daily, monthly, and yearly duties are performed in a timely manner
• Work with finance team on products, services, and strategies to help fund bank growth and funding desk development. 
• Other duties as assigned.

Skills and Knowledge: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below are representative of the knowledge, skill/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• High attention to detail.
• Excellent customer service skills, with the ability to interact in a positive and professional manner.
• Excellent written and verbal communication skills, with the ability to clearly communicate detailed information to customers, coworkers, and management.
• Working knowledge of MS Office applications and other basic computer skills. Ability to operate basic office equipment and tools.
• Ability to multi-task in a fast-paced environment meeting multiple deadlines.
• Ability to adapt to varying and changing conditions.
• Analytical skills to be used toward problem resolution.
• Self-motivated with the ability to follow through on all duties in a timely manner.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to read and interpret documents such as rules, procedure manuals, and job instructions.
• Mathematical and analytical skills. Including the ability to add, subtract, multiply, and divide. Ability to calculate figures and amounts.
• Ability to maintain confidentiality.
• Ability to use basic office equipment and tools, such as the telephone, computer, calculator, fax machine, and copy machine.