Assistant Treasurer

Responsible for investor reporting, warehouse funding, loan sales, cash management, and providing treasury-related support to other teams along with working on the Companys term securitization program. The position is located in the Philadelphia metro area. The position is primarily in-office with flexibility on an as needed basis.
The position reports directly to the Treasurer with significant interaction with the Chief Financial Officer.

Key Responsibilities

• Assist in the planning and execution of the term asset-backed securitization program


• Assist in the planning and execution of warehouse lender facilities


• Oversee the day-to-day funding process with warehouse lenders


• Assist in asset/liability management, including interest rate hedging


• Maintain key working relationships with banking partners, rating agencies, external counsel, and investors


• Prepare borrowing base and investor reports, ensuring all reports, remittances, and reconciliations are completed on time and in accordance with policies


• Monitor debt covenants, run compliance tests, and proactively identify required changes resulting from evolving business needs


• Prepare financial analyses for management, investors, rating agencies, and banks


• Manage due diligence efforts with banks, rating agencies, and investors


• Coordinate and run static pool analysis and loss stress models


• Prepare investor decks and meet with current and prospective investors


• Manage lender audits


• Maintain documentation of treasury functions and controls

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  Along with Treasurer oversee / manage operational functions directly and / or indirectly with one staff member:
  




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  The daily company cash position, ensuring sufficient funding; ensure investors are properly paid.
  

• Administer the interface with internal and external bank systems and representatives to control user access


• Administer fraud risk parameters, monitor, and report suspected fraud through appropriate channels


• Maintain policies and procedure manuals

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  Review / prepare the accounting entries for treasury functions, including maintenance, analysis, and reconciliation of multiple general ledger accounts and preparation of certain accounting reports and analyses
  


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  Backup treasury staff functions as needed
  




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  Assist and / or manage the monthly asset sale program. Work closely with the Treasurer and VP of Syndication/Sales.
  

• Provide collateral analysis to ensure assets selected meet eligibility criteria


• Manage and update internal gain-on-sale models to determine the economics of the sale


• Prepare due diligence files for investors on proposed sales


• Coordinate settlement dates of the sale with investors and all internal stakeholders to ensure timely closing


• Prepare and execute sale documents accordingly


• Prepare accounting entries and post-closing tasks and reconciliations


• Interface with investors and handle any buybacks as appropriate


• Prepare various financial and regulatory reports (such as 10-Q/K and Call Reports) utilizing the financial system

• Asset demographics


• Portfolio performance


• Prepare various ad hoc or ongoing financial analyses


• Assist in gathering information and interfacing with auditors as needed

Education and Credentials

• Bachelors degree in accounting or finance, or strong accounting, reconciliation, and control experience


• CFA Charterholder or candidate is a very strong plus


• CTP (Certified Treasury Professional) or candidate is a plus

Experience

• 5+ years of relevant experience in analyzing and structuring securitization facilities and working with cash management


• Financial services industry experience highly preferred

Technical and Functional Skills

• Strong analytical skills


• Deep knowledge of securitization financing structures


• Advanced skills in spreadsheet software, including pivot tables and financial functions


• Advanced skills in presentation software


• Proficient in office productivity software (email, collaboration tools, word processing)


• Working knowledge of treasury and financial systems