Senior Debt & Investments Analyst

Farm Credit Bank of Texas

Austin, Texas

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JOB DETAILS

SKILLS

Accounting, Accounting Close, Accounting Software, Administrative Skills, Analysis Skills, Automation, Balance Sheet, Bank Management, Business Support, Capital Markets, Change Management, Derivatives, Documentation, Finance, Financial Compliance, Financial Disclosure, Financial Reporting, Financial Statements, Financial Systems, Food Safety, Funding, Generally Accepted Accounting Principles (GAAP), Human Resources, Interest Rates, Investment Accounting, Investment Analysis, Leadership, Loans, Maintain Compliance, Operational Audit, Operational Support, Process Improvement, Reconciliation, Regulatory Compliance, Sarbanes-Oxley Act (SOX), Systems Maintenance, Testing, Time Management

LOCATION

Austin, Texas

POSTED

6 days ago

JOB DESCRIPTION

Who we are:

Farm Credit Bank of Texas is a $42.2 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation's capital markets.

While you may not be familiar with our name, Farm Credit Bank of Texas plays a critical role in supporting the businesses that make it possible for America to maintain access to an affordable and safe food supply, an industry which is one of the most innovative and evolving of our time. And while you help us deliver on our mission, we deliver on our commitment to you as a valued employee by providing competitive compensation, generous health and wellness benefits packages and an attractive workplace located along the bluffs of the Colorado River just minutes west of downtown Austin.

We seek out top talent in their fields, whether it be technology, finance, accounting, credit, human resources, or other administrative functions, and welcome you to join us in our mission to feed the world.

Position Description:

The Senior Debt & Investments Analyst is responsible for supporting the accounting, analysis, reporting, and control activities related to the Bank's debt, investment, derivative, and other off-balance-sheet portfolios. This role maintains activity within the Bank's debt, investment, and derivative accounting system; supports monthly close and quarterly and annual reporting; and helps ensure transactions are accounted for accurately and in accordance with applicable accounting guidance, internal controls, and reporting requirements.

This position requires a strong accounting foundation, sound analytical judgment, and the intellectual curiosity to understand complex financial instruments, related accounting treatment, and the systems and processes that support them. The role partners with Finance leadership and other stakeholders evaluate transactions, resolve discrepancies, support hedge accounting and financial reporting requirements, and contribute to process improvement and automation efforts.

Day-to Day-Duties and Responsibilities:

Maintain and input investment trades, debt issuances, derivative transactions, and derivative collateral activity within the Bank's financial system, including updates to factors, interest rates, market values, and other required instrument attributes.
Support the daily and ongoing maintenance of the Bank's debt, investment, derivative, and off-balance-sheet portfolios within the financial system.
Develop and maintain a strong understanding of the financial system's functionality, instrument setup requirements, and accounting outputs, and communicate related issues or recommended improvements to management and Finance partners.
Analyze derivative transactions and maintain supporting documentation related to hedge accounting treatment, including documentation of hedge relationships, hedge effectiveness, and related compliance with accounting requirements.
Assess and communicate accounting implications of debt, investment, and derivative transactions, including applicable presentation in the financial system and financial statements.
Evaluate and document note purchases from a loan versus investment designation to determine the appropriate GAAP classification and accounting treatment.
Generate and analyze daily, monthly, quarterly, and annual reports used for financial reporting, compliance, management analysis, and operational support, and assist with preparation of financial statement disclosures.
Research and resolve accounting discrepancies related to debt, investment, and derivative activity.
Support monthly close and quarterly and annual reporting activities under tight deadlines.
Help ensure compliance with internal controls, including SOX and internal controls over financial reporting applicable to responsibilities within the role.
Maintain clear and complete procedural documentation for assigned activities, including process functionality within the financial system.
Perform testing and analysis related to software versions, system updates, and application changes affecting debt, investment, and derivative processing, in accordance with Bank change management procedures.
Contribute to ongoing automation and process improvement efforts to enhance team efficiency, accuracy, and control effectiveness.
Review and approve work performed by temporary or full-time personnel, as assigned.
Exercise sound judgment, objectivity, professional prof

About the Company

Farm Credit Bank of Texas

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