Job description

BANK SR TREASURY ANALYST

If interested, apply here: https://www.bmwgroup.jobs/de/en/jobfinder/job-description.230000XI.html

As a subsidiary of BMW Financial Services NA, LLC, BMW Bank of North America opened in 1999 in Salt Lake City, Utah. BMW Bank of North America is an industrial bank that provides in-house banking services to BMW and MINI customers, dealerships, and affiliates, including direct and indirect automotive retail installment contracts and credit card services.

The office is in Cottonwood Heights in a multi-tenant, one-floor building surrounded by picturesque natural surroundings, along the East bench of the Salt Lake Valley. Be a part of our exciting growth by expressing an interest our Bank Sr Treasury Analyst position located in Salt Lake City, Utah.

As the Bank Sr Treasury Analyst, you will be responsible for the middle office functions of the Treasury department, including oversight of all treasury-related reporting and planning activities. You will prepare and analyze Bank management and Board reporting as well as regulatory, rating agency, and affiliate reporting. In addition, you will develop and propose funding strategies to optimize cost of funds while also managing risk exposures.

You will oversee the preparation and analysis of Treasury-related Bank management and Board reporting, including all reports used for the Asset Liability Committee (ALCO), quarterly liquidity and interest rate risk reports for the Board, and other ad hoc reporting. You will also oversee the preparation and analysis of Treasury-related affiliate reporting, including Wall Street Systems reporting and projections for cash flows, liquidity, and funding requirements.

In addition, you will provide meaningful analysis of Treasury results and projections, and effectively defend and communicate results to affiliates. You will be responsible for the submission of all daily, weekly, and monthly Treasury-related regulatory reporting, including the FR-2420, FR-2900, and the Federal Reserve Borrower in Custody reports. Additionally, you will be responsible for reviewing and approving wire transfers to support the Bank’s funding and cash management functions. You will ensure proper regulatory guidelines are administered and communicate report submissions to Bank regulators.

In this role, you will model and analyze cash flow forecasts to ensure adequate funding availability and develop funding strategies to optimize Bank profitability and cost of funds. You will also maintain appropriate documentation for all Bank Treasury models to ensure compliance with model governance regulatory requirements.

Join the BMW Financial Services team and enjoy a high-performance benefits package which includes:

• Company medical, dental and vision insurance
• Employee car program
• 401(k) savings plan
• Retirement Income Account (RIA)
• Hybrid Work Environment
• 24 days of Paid Time Off in addition to Company paid holidays

Even more so than the generous compensation and benefits, the culture and values of BMW Financial Services make it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.

What are you waiting for? Put yourself in the driver's seat of your career and apply for our Bank Sr Treasury Analyst position today!

Requirements:

• Bachelor’s degree
• Preferred area of study: Finance or Economics
• 2+ years of experience working in Treasury
• 3+ years Financial Services or Banking industry experience
• Understanding of financial statements and basic accounting principles
• Exceptional analytical and problem-solving skills

Preferences:

• Master’s degree
• Certified Treasury Professional (CTP)
• Experience with Treasury systems: Wall Street Systems, Bloomberg, FedLine, etc.
• Data analytics and reporting tools experience including SAS, SQL, Tableau, etc.

Job Type: Full-time

Pay: From $72,675.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Relocation assistance
• Tuition reimbursement
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift

Supplemental pay types:

• Bonus pay

COVID-19 considerations:
Covid -19 precautions are continuously monitored based on State and CDC regulations.

Ability to commute/relocate:

• Salt Lake City, UT 84121: Reliably commute or willing to relocate with an employer-provided relocation package (Required)

Education:

• Bachelor's (Required)

Experience:

• Treasury: 2 years (Required)
• Financial Services or Banking: 3 years (Required)

License/Certification:

• CTP (Preferred)

Work Location: Hybrid remote in Salt Lake City, UT 84121

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