Junior Investment Analyst

3 weeks ago


Miami Lakes, United States BankUnited Full time

Who We Are

BankUnited (NYSE: BKU) is a national bank headquartered in Miami Lakes, Florida with banking centers in Florida, the New York metropolitan area, Dallas and Atlanta. BankUnited has two subsidiaries, Pinnacle Public Finance headquartered in Scottsdale, Arizona and Bridge Funding Group headquartered in Hunt Valley, Maryland. We pride ourselves on our entrepreneurial and collaborative culture encompassing the best minds, the brightest talent and the boldest decision makers.

BankUnited is honored to announce that we have been included on the Newsweek and Statista America's Most Trusted Companies Award List

BankUnited has been recognized by Newsweek for two outstanding awards in 2023 as one of America's Greatest Workplaces and as one of America's Greatest Workplaces for Job Starters, which acknowledges our commitment to creating an exceptional workplace.

Our Culture

At BankUnited, we foster a diverse and inclusive environment where all employees have the opportunity to advance, grow and achieve their goals. Our rally cry is to GO FOR MORE™, a call to action to go above and beyond to provide the best customer experience to every client and to GO FOR MORE in your career.

Why BankUnited

Working for BankUnited offers you exciting challenges and opportunities to advance your professional development, while empowering you to deliver and be your best. We are happy to report the average tenure according to LinkedIn insights is 8.3 years. We strive to provide a competitive benefits plan to our employees and are proud to have been nationally ranked #1 as one of the 2023 Healthiest 100 Workplaces in America by Springbuk and awarded HEALTHIEST EMPLOYER by the South Florida Business Journal since 2020.

As a company, we believe we are only as successful as our people and are committed to providing training and innovative resources that prepare you to reach your full potential. That's why in addition to tuition reimbursement, we provide our employees with exciting career coaching, courses and training through our own GO FOR MORE™ Academy and mentoring opportunities through our iCARE™ (Inclusive Community of Advocacy, Respect and Equality) program.

At BankUnited, we strive to provide our employees with a work life balance. Specifically, retail branches operate 5 days a week Monday - Friday, excluding evening and/or weekend hours. For many of our positions, we offer a hybrid work environment, as well as a remote work environment for designated positions.

If you thrive in a fast-paced collaborative work environment, Apply Now and start your journey with BankUnited today

Job Description

SUMMARY: A Junior Investment Analyst has knowledge in evaluating financial and investment information within the Finance Department. The role involves assisting the Investment Analyst with the compilation of financial information and responsibility over for the preparation of various reports, preparation of journal entries, reconciliation of accounts, as well as performing analysis of financial data related to the Bank's bond portfolio.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

  • Prepare daily, monthly and quarterly journal entries.
  • Prepare reconciliations of the Bank's investments to the general ledger.
  • Oversee the daily operations of investment accounting.
  • Prepare or review financial reports, analyses, work papers or schedules relating primarily to the Bank's investments.
  • Assist with interpretation of cash flow assumptions, payment streams, yields etc. for complex bond structures.
  • Assist with analytical review of performance of large complex bond portfolio considering prepayment speeds, vectors, etc.
  • Work with Investment Analyst on application of prospective vs. retrospective accounting and its impact on accounting results.
  • Participate in investment projects as assigned.
  • Assist with preparation and/or review of one or more financial statement disclosures and related disclosure checklists to the Bank's investments.
  • Independently stay current with respect to applicable investment rules, accounting standards and banking regulations.
  • Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
  • Adheres to Bank policies and procedures and completes required training.
  • Identifies and reports suspicious activity.

EDUCATION

Bachelor's or Master's Degree in Business Administration, Accounting or Finance (would be a plus).

EXPERIENCE

  • Exposure to investment security accounting and/or operations.
  • 2 to 3 years of experience working at an Investment Company/Financial Institution (preferred).

KNOWLEDGE, SKILLS AND ABILITIES

  • High proficiency in Excel, emphasis on discounted cash flows, IRR and NPV calculations, etc.
  • Strong numeric skills.
  • Excellent quantitative and qualitative analytical skills.
  • Must be able to work independently with limited supervision.
  • Must be proficient with investment analysis software applications, Excel and Word.

#GoForMore



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