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    Financial Management Analyst - Salt Lake City, United States - Federal Deposit Insurance Corporation

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    Description

    Summary

    These positions are located within Division of Resolutions and Receiverships, Financial Services and Technology of the Federal Deposit Insurance Corporation and provides support in the areas of accounting transactions, including the administration of agreements pertaining to failed financial institution.

    Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

    Duties

  • Serves as a specialist for FDIC as Receiver pertaining to matters involving the terms of the Purchase and Assumption Agreement (P&A) and assists the Assuming Institution to understand its roles and responsibilities during the Settlement period. Reviews and/or coordinates complex settlement transactions with assuming institutions.
  • Performs analysis and reconciliations of general ledger accounts, coordinates financial and accounting matters, cash management, assets and liabilities, and daily accounting operations.
  • Analyzes complex financial statements, accounting data, loan files, legal documents, and other records to make decisions and recommend appropriate courses of action in accordance with regulations, policies, and procedures.
  • Coordinates the development of processing systems, reporting mechanisms, database support and other information sources required to monitor and evaluate Settlement functions and interaction with internal and external entities. Serves as division representative on user groups for automation and management information related systems.
  • Processes financial transactions related to cash receipts and disbursements for receiverships and subsidiaries ensuring completeness, accuracy, validity, and timeliness while adhering to policies, procedures, rules, and regulations.
  • Meets and negotiates with FDIC officials, attorneys, accountants, and contractors, representatives of financial institutions, regulatory agencies, or other private sector business management and personnel.
  • Presents cases, along with other financial issues concerning complex matters and financial considerations related to various functions. Develops written or oral presentations for management, other FDIC officials, or federal and state regulatory agencies concerning complex financial transactions, theories and analyses of economic impact, proposed solutions, actions, and strategies. Resolves operating problems and makes recommendations to management as appropriate.

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