Chesapeake Financial Shares, Inc.

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Investment Assistant

Investment Assistant

Address 
35 School Street
Category 
Accounting/Finance
City, State 
US-VA-Kilmarnock

More information about this job

Overview

Chesapeake Bank

 

Want to work for a solid financial institution that expects 110% from its employees and rewards them accordingly? We work as a team and have high levels of engagement from our employees. A primary driver of engagement is job satisfaction. Contributors to this high level of job satisfaction are the Chesapeake benefits plan from competitive healthcare options to a generous vacation allotment. Commitment to community also plays into our job satisfaction. Chesapeake puts great emphasis on the fact that we are only as strong as the communities we serve. Therefore, we contribute dollars and hours of service to our local communities. And, we have fun doing it all!

  

Talk to us about a career that makes you want to get up and come to work, have fun and make a difference.

 

Summary:  Performs a wide variety of investment and accounting related duties, including assisting the CFO in managing the investment portfolio, preparation of reports on deposit balances, liquidity, and wholesale funding.

 

Responsibilities

  • Process investment purchases/sales, including general ledger entries, submission to safekeeping and submission to bond accounting service
  • Reconcile investments to general ledger monthly
  • Maintain safekeeping relationships for investments
  • Maintain investment pledging requirements for Treasury Board, Discount Window, Trust, FHLB, etc.
  • Submit monthly/quarterly Qualified Collateral Report (QVR) to FHLB
  • Manage quarterly ALM report process
  • Prepare ALCO committee reports and various Board reports
  • Performs investment due diligence on Municipal Securities
  • Performs annual broker due diligence on approved brokers
  • Maintain and reconcile Bank’s brokered CD investment files
  • Assembles and maintains the investment portfolio for DMT
  • Assist and back up Money Desk, CDARS, ICS and Shareholder services
  • Other tasks as assigned

Requirements

  • Associates degree in finance, business or related field
  • 3-5 years prior banking experience
  • Good organizational and communicational skills
  • Solid understanding of financial institution policies and procedures
  • Strong computer and technical skills, including Microsoft Word and Excel