Reporting to the Treasurer, under general direction with wide latitude for independent initiative and judgment, the duties of the Assistant Director for Treasury Operations include but are not limited to the following:
Primary Responsibilities
- Manage team of two and:
o Review Authority’s bank accounts daily to ensure proper funding levels.
o Review daily cash position, forecasts and variance analysis to identify funds available for investments.
- Make recommendations on funds available for short-term investments in accordance with funding strategy and internal policies.
- Develop long-term monthly cash forecasts and support monthly review with CFO and Finance Team.
- Manage per diem expense card program for resident relocations in connection with Lead abatement property improvement program.
o Ensure residents are provided with cards timely and inquiries are promptly addressed. Assign requests to staff for completion.
o Ensure appropriate controls and reconciliations for physical property and cash.
- Seek process improvement opportunities and contribute to automation efforts within treasury operations.
- Prepare reports, summarizing liquidity and bank interest income.
- Prepare “Deposits and Investments” section of ACFR; support all related request by external auditor.
- Manage and develop staff.
- Special projects/analysis assigned by Treasurer.
- Process cash transactions (wire, book, ach) timely and accurately.
- Support repo investment activity as needed.
- Support portfolio performance reporting.
NOTE: IF THIS APPOINTMENT IS MADE ON A TEMPORARY OR PROVISIONAL BASIS PURSUANT TO 64 OR 65 OF THE NYS CIVIL SERVICE LAW, THEN NO TENURE OR PERMANENCE ACCRUES TO AN INCUMBENT IN THIS POSITION BY VIRTUE OF SUCH APPOINTMENT.
NOTE: This position is open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate in your cover letter that you would like to be considered for the position under the 55-a Program. For detailed information regarding the 55-a Program, please click on the link below:
https://bit.ly/55aProgram
Additional Information
1. NYCHA employees applying for transfer, promotional, title or level change opportunities must have served a period of one year at current location and in current title and level (if applicable).
2. NYCHA residents are encouraged to apply.
3. NYCHA provides benefits that include a choice of medical coverage plans, deferred compensation plans and a defined pension benefit plan as a member of the New York City Employees’ Retirement System (NYCERS).
Please read this posting carefully to make certain you meet the minimum qualification requirements before applying to this position.
INVESTMENT ANALYST - 40925
1. A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in accounting, business administration, economics, finance, law, mathematics, and/or statistics and one year of satisfactory full-time experience in investment activities of a governmental agency, financial institution, or brokerage firm; or
2. A baccalaureate degree from an accredited college or university and two years of satisfactory full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.
Special Note:
To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.
Special Note:
To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two additional years of full-time
experience in investment activities of a governmental agency, financial institution or brokerage firm.
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.