What are the responsibilities and job description for the Arbitrage Rebate Analyst position at Hilltop Securities Inc.?
Hilltop Securities is currently looking to hire an Arbitrage Rebate Analyst in Dallas, Texas. The Arbitrage Rebate Analyst prepares various financial analyses and calculations relating to bond financing to ensure compliance with certain federal tax laws and regulations. Arbitrage Rebate Analysts will be responsible for the full preparation of Basic risk calculations and cash flow conversion and file documentation on Moderate and Complex risk calculations. The Analyst will be assigned a list of clients. Client calculation information will be updated based upon a predetermined interim update schedule.
Responsibilities
About Us
At HilltopSecurities, we believe in building noble and collaborative relationships that enrich the financial future of individuals, businesses and communities. With an extensive portfolio of products, we deliver a broad range of investment banking and related financial services that help our clients achieve their definition of success. As a subsidiary of HilltopHoldings, which also encompasses PlainsCapital Bank, and PrimeLending, we have the financial strength and stability that has withstood the test of time. Our nationwide presence in 400 locations across 44 states provides our associates with extensive opportunities to grow their careers in a diverse organization that truly values relationship capital above all else.
About The Team
With 75 years in the financial industry, HilltopSecurities’ Public Finance department stands among the best firms nationwide, ranking second in municipal advisories in the country. Our team of over 200 professionals develop over 1,100 financings each year on average. As part of HilltopSecurities’ Public Finance department, you have the opportunity to support public entities’ financing efforts across a variety of sectors such as toll roads, airports, hotels, higher education, health care, and more, in addition to public-private partnerships. You are given the responsibility to analyze and structure deals for clients across all sectors. Our use of industry-specific software packages allows us to conduct extensive financial analysis and present proposals and detailed presentations to our clients. We work to better the lives of those around us, and we start with those who trust us with moving our communities forward. We are dedicated to serving the public and are proud to work with clients across the country.
Responsibilities
- Performs Refunding Analysis and updating Final Maturities
- Calculates Arbitrage Bond Yields
- Compiles Sources and Uses of Funds
- Prepares Data Requests
- Checks in Data. Compiles Additional Information Requirements
- Assembles Data and Compiling Investment Cash Flows
- Performs Allocations and Un-Commingling Commingled Funds
- Identifies issues in the preparation process and works to resolve methodology and approach
- Coordinates with the Engagement Team (Reviewer and Quality Assurance, the “Engagement Team”) on Client Questions
- Performs a Self-Review on calculations prepared by the Rebate Analyst
- Building and Documenting the Issue Calculation File and Compiling a Review Copy of the Calculation
- Completes a Review Checklist and Compiling a Prelim Rebate Summary and Next Year’s Data Request
- Manages workload and provides status updates on their progress to more senior members of the Engagement Team
- Other duties as assigned
- High school diploma. Bachelor’s degree in Accounting, Finance, Business Administration or related field (preferred with focus in Accounting - 12 hours or more)
- Two (2) or more years relevant experience in a business-related environment with transferable skills
- Preferred demonstrated familiarity with accounting and general financial market terminology, bank reconciliations, general ledger transactions and accounting using trustee statements.
- Demonstrated working knowledge of Visual Basic macros and manipulation of ASC text files is a plus
- Detail oriented with excellent attention to detail and an inquisitive mind
- Intermediate or advanced skills in Microsoft Word and Excel
- Strong verbal and written communication skills
About Us
At HilltopSecurities, we believe in building noble and collaborative relationships that enrich the financial future of individuals, businesses and communities. With an extensive portfolio of products, we deliver a broad range of investment banking and related financial services that help our clients achieve their definition of success. As a subsidiary of HilltopHoldings, which also encompasses PlainsCapital Bank, and PrimeLending, we have the financial strength and stability that has withstood the test of time. Our nationwide presence in 400 locations across 44 states provides our associates with extensive opportunities to grow their careers in a diverse organization that truly values relationship capital above all else.
About The Team
With 75 years in the financial industry, HilltopSecurities’ Public Finance department stands among the best firms nationwide, ranking second in municipal advisories in the country. Our team of over 200 professionals develop over 1,100 financings each year on average. As part of HilltopSecurities’ Public Finance department, you have the opportunity to support public entities’ financing efforts across a variety of sectors such as toll roads, airports, hotels, higher education, health care, and more, in addition to public-private partnerships. You are given the responsibility to analyze and structure deals for clients across all sectors. Our use of industry-specific software packages allows us to conduct extensive financial analysis and present proposals and detailed presentations to our clients. We work to better the lives of those around us, and we start with those who trust us with moving our communities forward. We are dedicated to serving the public and are proud to work with clients across the country.
