Responsible for analyzing data and calculating and posting accounting entries for the Mortgage Partnership Finance (MPF) portfolio. Responsible for preparing and reviewing financial reports for inclusion in the Bank's regulatory reporting (e.g., the Bank's 10K/10Q and regulatory agencies).
Accounting for the MPF portfolio:
Primarily related to the MPF portfolio, prepare the Bank's monthly, quarterly, and year-end regulatory financial reports with supporting documentation. Ensure that the reports are accurate, timely, and complies with internal and external reporting requirements.
Evaluate the MPF accounting process in order to streamline the process to gain better efficiency, while maintaining effective controls. Present the recommendations to management and to SOX and then implement the new processes (update SOX control flowcharts, update procedures, and cross-train other members of PAA on the new processes).
On a quarterly basis, apply approved market assumptions from the Capital Markets Department to CoreLogic Risk Model and Intex, and run those applications to generate the Base and Adverse cashflows for private-label MBS deals for all FHLBanks.
Assist in the future selection and migration to a new cash flow system for the calculation of credit losses for private-label MBS deals.
Prepare Letter of Credit FIN45 journal entry to record the present value of future fees.
As necessary, design and develop new reports using Crystal Reports and Oracle SQL Developer to enhance existing reports to reflect changes in policy, to incorporate new requirements, or to improve efficiencies. Complete necessary testing and remediation for any new or updated reports.
Analyze and provide feedback on operational impacts, reporting impacts, and/or system impacts related to policy changes and new products as needed. Identify opportunities to streamline, automate, or improve efficiencies within department processes.
Update procedures and internal controls documentation on a timely basis.
Assist with audit requests and compliance reviews. Provide ad hoc reporting as needed.
Cross-train within the department to provide backup coverage as needed.
The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.