What are the responsibilities and job description for the Financial Analyst position at NADBank?
The North American Development Bank (NADBank), a binational financial institution created by the U.S. and Mexican governments with authorized capital of $6 billion and current lending of almost $1.5 billion, is seeking for a Financial Analyst to join its team.
Why NADBank?
NADBank is a unique organization that both catalyzes and provides financing to support the development and implementation of environmental infrastructure projects and related actions that help preserve, protect and enhance the environment of the U.S.-Mexico border region to advance the well-being of the people of both countries.
Through a culture of excellence, diversity, respect and collaboration the NADBank team develops cutting-edge financial products and programs to achieve its mission and plays an essential role in the discussion and resolution of binational environmental issues, which contributes to the vitality of the broader U.S.-Mexico relationship.
What You’ll Do :
NADBank is seeking a financial analyst position responsible for the administration of derivatives and debt issuance, as well as providing critical financial data to relevant third parties such as credit rating agencies, internal clients, and internal / external auditors, as needed.
What You Bring to the table :
- Assist in the preparation, review, execution, confirmation, and documentation of derivative transactions (initiation or unwinding) used to hedge currency and / or interest rate exposures.
- Prepare and analyze periodic mark-to-market valuation reports for derivatives portfolios and execute margin calls pursuant to the terms established in each corresponding ISDA.
- Ensure timely and accurate preparation of confirmations and statements for swap payments and receipts to meet NADB’s payment obligations to external counterparties facilitating correct fund inflows.
- Prepare monthly payment schedule of derivative obligations for purposes of timely cash management.
- Prepare month-end reports that calculate the fair value of the bank’s derivatives portfolio and hedged items for inclusion in the bank’s financial statements.
- Prepare information requested by internal / external auditors.
- Assist in the loan pricing analysis for new loans, as required.
- Assist in the asset and liability management, as required.
- Provide back-up support for loan and grants management, as required.
- Prepare reports for Bank’s committee meetings, as required.
- Assists in the review of the financial statements notes and annual report, as required.
- Conduct industry and financial research to support decision-making and strategic initiatives, as required.
- Performs special projects including presentations, financial modeling and other duties as assigned.
Other duties
Minimum Education and Experience :
Knowledge, Skills and Abilities :
As an International Organization governed by the governments of the U.S. and Mexico, staff must be a citizen or permanent resident (PR) of either country.
The North American Development Bank is committed to providing equal opportunities in employment and promotional opportunities that embraces diversity based on race, color, gender, religion, age, sexual orientation, gender identity or expression, disability, social status, political affiliation, or nationality subject to any Bank member country.
Position will remain open until filled.
