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Amalgamated Bank Net Interest Margin (NIM) Accounting Manager in New York, New York

Amalgmated Bank seeks a highly motivated professional as a NIM (Net Interest Margin) Accounting Manager in the main office. The NIM (Net Interest Margin) Accounting Manager works under the guidance of and assists the Chief Accounting Officer in preparing and reporting financial statements conforming to principles of accounting and regulatory requirements. The main role is to ensure the preparation and proper GAAP accounting for all items related the bank’s net interest margin calculation. Ensuring integrity, accuracy, and timeliness of financial statements; monitor and strengthen internal controls and related documentation; ensure policy compliance; manage, develop and mentor professional staff.

Essential Job Functions:

  • Manages all accounting aspects of Loans, Securities, Deposits, and Borrowings
  1. Loan Accounting

  2. Posting of Accrued Interest for Purchased Loans

  3. Managing Axiom Purchased loan module

  4. Reconcilement and Investigation

  5. TDR / OREO

  6. Liquidations and gain/loss calculations

  7. ALLL reconciliation

  8. Delinquency reporting, non-accrual reporting

  9. Charge-off / Recovery monitoring / analysis

  10. Deferred cost / fee monitoring / analysis

  11. Securities

  12. Monthly P&I processing

  13. Reconciliations

  14. Trade Accounting / Delivery & Settlement

  15. Mark to Market Calculation and booking

  16. Deposits & Borrowings

  17. Reconcilement and analysis

  18. GL posting and settlement processes

  19. Cash Balance Monitoring

  20. Interest and Dividend postings

  21. Reconcilement and Analysis

  • Supports any other departmental function as needed

  • Perform other duties as directed.

Knowledge, Skills and Experience Requirements :

  • Bachelor’s degree in Accounting, Tax, Audit or Finance; MBA preferred

  • 5+ years of experience in accounting industry either in public accounting or private sector

  • Proficiency in MS Excel and accounting software packages desirable; Axiom preferred

  • Practical training or experience in an Audit or CPA firm beneficial

  • Some supervisory experience preferred

  • Good interpersonal and communication skills

  • Excellent organizing, time management, and leadership skills

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans at . at AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement at . Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.