About iBusiness Funding:
iBusiness Funding is a leader in providing innovative Software as a Service (SaaS) solutions for banks and lenders, with a specialization in SBA lending. We build scalable lending platforms that streamline the business lending process, allowing lenders to efficiently deliver capital to small and medium-sized businesses.To date, we’ve processed over $7 billion in SBA loans and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family.As a top five SBA 7(a) preferred lender, our parent company offers SBA express and small loan capabilities.
Join us and be part of a team that’s transforming the finance industry and empowering businesses to thrive!Position Description:We are looking for a talented and motivated self-starter to join our fast growing, proven start up in the role of Treasury & Funding Analyst. This position will be key to Treasury, Funding and Cash Management functions, and occasionally provide support to Finance and Accounting functions as well as current and future projects. The Treasury & Funding Analyst position will create value for our multiple product lines in several ways: First, this position will execute and improve processes to ensure efficient cash management and liquidity forecasting.
Second, this position will help support data analytics on liquidity and investment portfolios. Third, this position will be responsible for improving our financial data workflows and, gradually, making our data flow more efficient under the mentorship and guidance of the Treasurer & Assistant Controller. The ideal candidate will be flexible and have a hands-on, team oriented, and proactive “go getter” approach to help move the company forward in achieving its goals. This role will have defined daily and monthly tasks, but may also include collaboration on other Finance and Accounting projects. These projects and improvements will have exposure to the C-suite and senior management to help develop the person in this position into a strategic Finance professional.Major Areas of Responsibility:
- Work as a member of our Treasury and Funding team to ensure daily cash processes are executed quickly and efficiently.
- Monitor and update daily cash outlook and liquidity forecast; collaborate across departments to develop robust cash flow projections.
- Model and complete borrowing base, pledging and secondary markets activities; gather and review documentation ahead of submission or finalization of activities.
- Accurate and timely review of daily, weekly and monthly processes prior to submission.
- Ensure data consistency and troubleshoot and resolve any unexpected discrepancies.
- Analyze data and facts, summarizing and present findings in a compelling way
- Provide support to external investors and other stakeholders.
- Work cross functionally with other teams to support procurement and retention of credit lines by reviewing and adhering to current covenants and other requirements.
- Perform operational processing and support for funding operations.
- Support analysis and recommendations on discreet projects, portfolio purchases and other discretionary projects.
- Support other duties across the broader Accounting, Finance and Treasury team as required.
Required Knowledge, Skills and Abilities:
- Strong computer skills with expert knowledge of Excel and aptitude with PowerPoint Skills; other software program knowledge is a plus.
- Excellent organizational and time management skills with a proactive and self-directed work ethic.
- Ability to set priorities, multi-task, meet tight deadlines and manage time effectively in remote work environment.
- Excellent written and verbal communication skills.
- Ability to clearly and effectively engage with internal and external stakeholders to resolve operational issues and collaborate on tasks and other projects.
- Excellent interpersonal skills, with an ability to establish and maintain internal and external relationships and exhibit good negotiation tactics.
- Demonstrated ability to work well in a fast-paced environment.
- Strong analytical reconciliation, problem-solving and process-oriented thinking skills, and the ability to think critically and apply research and logic.
- Relentless focus on accuracy, attention to detail and supporting documentation in all tasks.
- Proactive and confident to find and recommend solutions.
- Background in Finance, Accounting, and / or Economics.
- Basic understanding of the loan origination cycle and lending process.
- Bachelor’s degree in Accounting, Finance, Economics, or Business Administration or equivalent relevant work experience.
- 1-2 years of Prior Treasury, Finance, and / or banking and financial services experience is a plus.
- Experience with managing data and / or some data science activities are a plus.
- Strong understanding of financial and operational controls.
- Experience working in a fully remote environment preferred.
ConclusionThis job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.
