Office of the Chief Financial Officer, Office of Finance and Treasury
February 12, 2018
Washington , D.C.
51038.00 - 97337.00
Full Time - Experienced
AGENCY: Office of the Chief Financial Officer, Office of Finance and Treasury, Banking Services Unit
SALARY: $51,038.00 - $97,337.00 Annually
POSITION GRADE: DS- 9/11/12
DURATION OF APPOINTMENT: Permanent
COLLECTIVE BARGAINING UNIT: This position is not in a collective bargaining unit.
BRIEF DESCRIPTION OF DUTIES: The Banking Analyst is located in the Banking Services Unit. The primary mission of the Banking Services Unit is to support the Office of Finance and Treasury (OFT) by managing and monitoring banking services provided by financial institutions holding District Government funds. In addition, the Banking Services Unit is responsible for the accountability of District bank accounts and ensures deposits above the FDIC insured are fully collateralized. The incumbent is responsible for ensuring that the District's collateral requirements are maintained by all financial institutions holding District funds. The incumbent utilizes external banking systems and internal resources to reconcile collateral pledged by financial institutions. Duties include, but are not limited to maintaining updated computerized databases on all accounts holding District Government funds. Reviewing for accuracy account data that will be reviewed by both the District's external and internal auditors. Reviewing and analyzing various reports of a financial nature that require the selection and interpretation of data received from internal and external sources, including reports produced by automated systems. Managing controls on closing and opening District bank accounts. Executing and examining bank service related contracts, maintaining historical records and other supporting data to ensure all banking and investment regulations have been complied with and computations are correct. Ensuring that financial institutions audit reports are remitted to the District on a timely basis; coordinating the scheduling and yearly lockbox site tours with District agencies and contracted banks. Safeguarding confidential information and maintaining confidentiality of records and information. Ensuring that the Community Reinvestment Act (CRA) reporting of financial institutions are received and updated yearly, evaluate and report findings. Providing financial, accounting, and pricing analysis for banking service contracts; assisting with procuring banking contracts and invoicing associated with contracts; monitoring and reviewing account invoicing. Communicating with financial institutions and internal District agencies to obtain updated account signatures, account status, function, and status with District's general ledger. Assisting with assigning new SOAR (General ledger) Bank IDs to bank accounts ensuring that supporting documents, required information, and signatures are provided with formal requests to open a District bank account. Ensuring data in SOAR and banking database is updated, verifying completeness of internal and external bank documents required to open and close bank accounts; and notifying respective agencies/parties of opened and closed status. Assisting Banking Services Officer with entitling District Users online access to respective financial institutions online systems and ensures required request forms are completed and properly authorized by agency senior management. Developing and analyzing various reports relative to banking/financial data; interpreting applicable guidelines and regulations to assist in the implementation of approved/directed internal procedural changes to accomplish the Unit's mission and objectives. Responding to internal and external issues/inquiries where sensitivity is required to facilitate positive relationships. Performing special projects as assigned by Associate Treasurer of Banking and Operations and/or Banking Services Officer. Reviewing, researching, and resolving complex problems outside the scope of the usual work activity. Performing other related duties as assigned.
Three (3) years of progressive work experience performing duties related to treasury, assisting with cash management banking activity; conducting data analysis; and utilizing financial systems to assist with researching, validating and processing transactions. Certified Treasury Professional (CTP) certification desired.
For initial review, please submit your resume to Office of the Chief Financial Officer, Human Resources Division, 1101 4th Street, SW, Suite W220, Washington, DC 20024 or to email@example.com.
To complete an application or for additional details related to this vacancy, please visit www.cfo.dc.gov and reference announcement number: 18-FI-OFT-0001
The OCFO offers a competitive salary and benefits package including medical, dental, retirement, and educational assistance.
The Office of the Chief Financial Officer is an EQUAL OPPORTUNITY EMPLOYER
Internal Number: 18-FI-OFT-0001
About Office of the Chief Financial Officer, Office of Finance and Treasury
The mission of the Office of the Chief Financial Officer (OCFO) is to enhance the fiscal and financial stability, accountability and integrity of the Government of the District of Columbia.