ASSOCIATE, FINANCIAL INSTITUTIONS ADMINISTRATION bei American Deposit Management LLC

Description

The Associate – Financial Institutions Administration is responsible for assisting in the management and development of existing financial institution relationships.

Requirements

DESCRIPTION OF ESSENTIAL DUTIES AND RESPONSIBILITIES

• Prepares and organizes bank account related liquid and term deposit accounts, e.g., underwriting, signature cards, funding requests, account updates, etc.
• Assists in managing Certificate of Deposit management, including inventory, opening, fee invoicing, receipt generation, maturities, etc.
• Assists in the management of the FI network by collecting and reporting bank rate information. Manage rate increases and decreases on account level.
• Manages and monitors various bank data and reporting, including call reports, consent orders, mergers and acquisitions and completes related maintenance to closure of accounts.
• Completes balancing, reconcilement, and reporting of collateralized bank accounts, e.g., surety bonds, FHLB letters of credit, bank pledged securities, etc.
• Makes note of contact with portfolio/leads in CRM to provide accurate, regularly scheduled reporting to sales and leadership teams.
• Assists with identifying opportunities to expand relationship with FI partners, e.g., collateralized account options, deposit agreements/side letters, surety bonds, etc.
• Ensures compliance with ADM policies and procedures. 
• Assists with development of policies and procedures to standardize functions within the department and organization.
• Demonstrates professional conduct and interacts in a positive manner with co-workers, clients, and business partners.
• Participates in ongoing professional development and training programs to further develop knowledge and skills.
• Performs other duties as assigned.
• Espouses ADM’s 4 Core Values, 16 Professional Practices, and Quality Standards as outlined in ADM’s Performance Culture Guide.

KEY FACTORS FOR SUCCESS – FINANCIAL INSTITUTIONS (ADMINISTRATION)

• Attention to detail.
• Deep understanding of all vital financial institution products.
• Ability to multitask and work at a fast pace.
• Competency in all ADM processes, procedures, and bank related activity.
• Exceptional dedication to client interests.
• Dedication to 100% accuracy and completion within deadlines.

QUALIFICATION REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

Education and Experience

• High school diploma, GED, or equivalent required. Bachelor’s degree or equivalent in business or related field is preferred.
• Three plus years’ experience in a financial institution setting, preferably in an operations or treasury role preferred.

Communication

• Ability to communicate both verbally and in writing with internal and external customers.

Reading/Comprehension Skills

• Ability to read, analyze, and interpret a variety of documents such as policies, procedures, written correspondence, etc.

Mathematical Skills

• Ability to apply the following mathematical concepts to practical situations: fractions, percentages, ratios, and proportions.

Computer Skills

• Ability to use various computer applications such as: MS Office (e.g. Word, Excel, Outlook, etc.).

WORK ENVIRONMENT

• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Occasional overtime may be required to complete projects.
• Periodic travel (<5%) may be required to attend training, conferences, etc.
• The typical noise level for this position is moderate, i.e. business office.

PHYSICAL DEMANDS

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is frequently (3/4 time) required to talk, hear, sit, and use hands to handle or touch objects, tools, or controls. The employee is occasionally (1/4) time required to stand, move from one location to another, climb or balance, stoop, kneel, crouch or crawl, and reach above the shoulders.
• The employee must occasionally (1/3 time) lift and/or move up to 25 pounds to move items such as storage boxes and supplies. The employee must display sufficient close, distance, peripheral vision, depth perception and ability to focus to perform job duties.

DECLARATION

This job description is intended to describe the general nature and level of work being performed by the employee(s) assigned to the classification. It is not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of employee(s) so classified. ADM retains the rights and discretion to make changes to this job description.