Signature Bank

Receive alerts when this company posts new jobs.

Similar Jobs

Job Details

SBA Financial Operations Manager - Houston, Texas

at Signature Bank

Posted: 2/3/2020
Job Reference #: 34026

Job Description

Requisition #:
34026

Division:
Signature Bank

Sub Department:
Finance / Accounting

City:


State:


Added to system:
11/21/19 2:14 PM

SBA Financial Operations Manager - Houston, Texas

In this position you will be responsible for overseeing all accounting and operations functions for all SBA/USDA trades and settlements. You will also ensure accuracy and compliance with all regulations for both Signature Bank and Signature Securities Group. The SBA Financial Operations Manager will also support audit functions of KPMG, Internal Audit, FDIC, NY State Dept. of Finance, FINRA and SEC.

Primary responsibilities include :

  • Utilizes disciplined decision making abilities & knowledge of Accounting and Operations to lead in the oversight for all aspects of SBA accounting and operations, accounts payable/receivable, GL entries, financial reporting, settlements, pooling and reconciliations
  • Interacts directly with all Auditors. Oversees the process of providing documentation, explanations and record keeping of all audit and regulatory requests from audit and upper management while keeping the SVP-director informed of all aspect
  • Oversees collaboration between Accounting & Operations Departments to ensure delivery, receipt, settlement and safekeeping of SBA loans and SBA Pool securities transactions. Interfaces with other areas of the organization to move business forward
  • Interfaces with Operations Analysts and programmers for upgrades and enhancements to proprietary software (SBLM)
  • Prepares Quarterly SOX evaluation and reviews SOX narrative as necessary; prepares SBA Houston quarterly CRA reporting for Community Development/CRA in New York and serves as a primary contact
  • Performs the "Mark to Market of the Excess Servicing (I/O) Position" on a quarterly basis for approval by the SVP-Director; prepares the SBA I/O strip memo on a quarterly basis and presents to the SVP-Director for approval
  • Keeps the SVP-Director abreast on all office climate and regulatory issues
  • Verifies models for the amortization of the Excess Servicing position.
  • Maintains all department policies, procedures and internal reports relating to loan and pool transactions, inventories and pool formation. Works to improve existing processes for maximum clarity, efficiency and success
  • Builds strong relationships with office staff and oversees their progress, noting any issues or successes, including performance reviews, time and attendance, workflow management, employee relations, recruitment and oversight of office expenses

Qualifications:

  • Minimum of 10 years experience in accounting, fixed income management,financial reporting and securities tradiing.
  • Bachelor’s degree (BA, BS, BBA, etc.) from four-year College or university
  • Strong working knowledge of the derivatives  market
  • Ability to manage others and work closely with Executive management and Internal/External Auditors Analytical; solve problems after detailed research; make decisions to resolve any problems as they occur
  • Experience with Bloomberg Microsoft Excel and Macros is required
  • Series 7, 63 and 24 Licenses Preferred
  • Ability to master new software and web-based applications

Employee Benefits:

  • Competitive BONUS program
  • Excellent health benefits and award winning wellness program
  • Tuition and gym reimbursement
  • 401K with company match
  • Pet Insurance

Join a winning team!  Signature Bank has appeared on Forbes' Best Banks in America list for the eighth consecutive year in 2018.

Signature Bank, member FDIC, is a New York-based full-service commercial bank with private client offices throughout the New York metropolitan area. The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services.

View available Careers with Signature at  www.signatureny.com/careers

We are an Equal Opportunity Employer. 

We do not sponsor work visas.

If interested, please submit your resume online. This is the fastest and most reliable way to be considered for any of our positions. Incomplete applications or those missing required information will not be considered.

*Signature Employees – Do NOT use this site.  Please apply via the Workday login page or contact Human Resources - Staffing if you have questions.

If you are a Returning Applicant and you are interested in this position, please log in by entering your Email and Password. Next click "Add to My Jobs".