Financial Analyst– West Virginia State Treasurer’s Office
Salary: $50,000 – $65,000; salary commensurate with training and experience. Full-time
employees of the West Virginia State Treasurer’s Office (WVSTO) are eligible for Public
Employee Insurance Agency benefits and a number of other benefits available to state
employees.
Location: Charleston, WV
Job Type: Full-Time Permanent; Not in the Classified Service
Division: Banking Services – Debt and Securities Management
Reports To: Director of Debt and Securities Management
Nature of Work:
Under limited supervision, this position performs analytical review of financial information
from designated state depositories (financial institutions) and projects for the Debt and
Security Management and Safekeeping Department.
Job Duties:
- Utilize internal systems to determine the proper amount and/or percentage of
collateral to be posted for public fund deposits held by each designated state
depository.
- Review and monitor acceptable collateral types provided by designated state
depositories.
- Monitor and analyze information provided by a third-party rating system and
compare it to WVSTO rating table to ensure the proper amount and/or percentage
of collateral is provided by the designated state depository.
- Monitor collateral provided by the designated state depositories for proper
valuation and eligibility.
- Reconcile the WVSTO collateral system, spending unit/agency reports and bank
records on a regular basis.
- Work with designated state depositories on new setups and changes in the
WVSTO collateral system and the safekeeping agent system.
- Process and/or approve collateral and wire requests from designated state
depositories.
- Monitor monthly and yearly reporting from designated state depositories and public
depositors.
- Monitor the quarterly selection of pooled or dedicated method of providing
collateral by the designated state depositories.
- Monitor suspensions or exceptions of designated state depositories for compliance
with state code and WVSTO policies as needed.
- Prepare special reports as requested.
- Assist other Banking Services departments with quarterly and annual debt
reporting.
- Serve as backup to the Director for debt service payments. This includes
reporting, document entry in the state’s financial system (wvOASIS) and other
duties related to debt service as assigned.
- Work with internal Banking Services staff on new banking relationship needs.
- Monitor opportunities to improve processes, controls and procedures.
- Serve as backup to the Safekeeping Department to ensure securities are
processed as needed.
- Assists on special projects as needed. Provide excellent customer service and
support.
- Performs filing duties as needed.
Minimum Qualifications:
Bachelor’s degree from four-year college or university required, with a major in
accounting or finance preferred; two years related experience and/or training; or
equivalent combination of education and experience.
Required Knowledge, Skills, and Abilities:
- Ability to read, analyze, and interpret general business periodicals, professional
journals, technical procedures, or governmental regulations.
- Ability to write reports, business correspondence, and procedure manuals.
- Ability to effectively present information and respond to questions from groups of
managers, clients, customers, and the general public.
- Ability to work with mathematical concepts such as probability and statistical
inference, and fundamentals of algebra.
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to
practical situations.
- Working knowledge of the Microsoft Office Suite and in-house designed systems.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions in mathematical or
diagram form.
- Ability to solve practical problems and deal with a variety of concrete variables in
situations where only limited standardization exists.
- Knowledge of security types would be helpful.
HOW TO APPLY: Email resume or inquiries to [email protected] by May 21, 2025.
The State Treasurer’s Office provides equal opportunities to all employees and
applicants for employment without regard to race, sex, color, religion, national
origin, age, disability, veteran status, or any other factors made unlawful under
applicable federal and state laws. Equal employment opportunity applies to all
terms and conditions of employment, including hiring, placement, promotion,
termination, layoff, recall, transfer, leave of absence, compensation, and training.
Applicants have rights under the following Federal Employment Laws: Family
Medical Leave Act and Equal Employment Opportunity.
To perform this job successfully, an individual must be able to perform each
essential job duty satisfactorily. Reasonable accommodations may be made to
enable qualified individuals with disabilities to perform essential job functions.
This job opportunity is not in the classified service and is not covered under
the Administrative Rule of the WV Division of Personnel. Therefore, interested
persons must apply directly to the hiring agency as indicated above.
