Financial Program Administrator

Company: Nebraska Bankers Association
Location: Lincoln
Posted on: March 26, 2020

Job Description:

POSITION TITLE: Financial Program AdministratorREPORTS TO: NBISCO Executive Vice PresidentSUMMARY OF POSITION: Oversees the administration and successful operation of the Nebraska State Pledging Pool (single-bank pool) program. The Nebraska Bankers Association (NBA), through its subsidiary Nebraska Bankers Insurance and Services Company (NBISCO) will administer this program as the anticipated designee of the Nebraska Department of Banking and Finance (NDBF) to assist and facilitate bank's pledge of collateral to secure the repayment of deposits by public entities (e.g., state, county, municipalities, school districts, and other political subdivisions) above approved FDIC limits. Also, supports the NBA Member Service team in business development and administration for NBA's other products and services for member banks. --RESPONSIBILITIES:1.------------------Manages the successful operation of the public deposit collateral pool program.2.------------------Ensures participating banks meet the requirements of the state laws governing the program and all of the program and policy guidelines.3.------------------Prepares, monthly, quarterly and annual financial and other reports, as necessary.4.------------------Works closely with Nebraska public entities to develop and facilitate program participation.5.------------------Directs and evaluates NBA/NBISCO participation in the development, installation, and modification of computer and manual accounting systems, internal controls, security standards, and documentation/record retention.6.------------------Manages billing of program participants and the NDBF in coordination with NBA/NBISCO Accounting department.7.------------------Serves as primary contact concerning the administration of the program with the NDBF, participants and qualified trustees.8.------------------Researches and understands underlying state and federal laws regarding banks and savings and loan associations, securities, and perfected security interests.9.------------------Prepares annual budget for the program for review/approval by NBA/NBISCO and the NDBF.POSITION REQUIREMENTS:------------------------Bachelor's degree in business, accounting, finance, economics or a related area or a combination of education and experience.------------------------2-3 years' professional work experience. ------------------------Financial analysis and accounting.------------------------Experience in program or project management, which may include responsibility for activities such as securities, collateral investments, financial analysis, trend analysis, accounting, risk management, cash management, or investment management.------------------------Excellent computer skills - especially Excel and database managementDESIRABLE SKILLS:------------------------Knowledge or experience with public deposits, collateral management, securities, banking or finance ------------------------Experience in program management------------------------Ability to effectively develop and present budgets and financial analysis reports------------------------Database management------------------------Ability to prepare well-written reports and correspondence------------------------Ability to organize and prioritize work effectively------------------------Oral communications skills and the ability to interact effectively with people and speak to groups of varying sizes------------------------Self-directed workerThe NBA is an Equal Opportunity Employer - Minorities/Women/Veterans/Disabled

Keywords: Nebraska Bankers Association, Lincoln , Financial Program Administrator, Accounting, Auditing , Lincoln, Nebraska