Arbitrage Rebate Analyst

HilltopSecurities is looking to hire an Arbitrage Rebate Analyst. This role is responsible for preparing various financial analyses and calculations relating to bond financing to ensure compliance with certain federal tax laws and regulations. Arbitrage Rebate Analysts will be responsible for the full preparation of Basic risk calculations and cash flow conversion and file documentation on Moderate and Complex risk calculations. The Analyst will be assigned a list of clients. Client calculation information will be updated based upon a predetermined interim update schedule.

• Performs Refunding Analysis and updating Final Maturities
• Calculates Arbitrage Bond Yields
• Compiles Sources and Uses of Funds
• Prepares Data Requests
• Checks in Data. Compiles Additional Information Requirements
• Assembles Data and Compiling Investment Cash Flows
• Performs Allocations and Un-Commingling Commingled Funds
• Identifies issues in the preparation process and works to resolve methodology and approach
• Coordinates with the Engagement Team (Reviewer and Quality Assurance, the “Engagement Team”) on Client Questions
• Performs a Self-Review on calculations prepared by the Rebate Analyst
• Building and Documenting the Issue Calculation File and Compiling a Review Copy of the Calculation
• Completes a Review Checklist and Compiling a Prelim Rebate Summary and Next Year’s Data Request
• Manages workload and provides status updates on their progress to more senior members of the Engagement Team
• Other duties as assigned

• High school diploma. Bachelor’s degree in Accounting, Finance, Business Administration or related field (preferred with focus in Accounting - 12 hours or more)
• Two (2) or more years relevant experience in a business-related environment with transferable skills
• Preferred demonstrated familiarity with accounting and general financial market terminology, bank reconciliations, general ledger transactions and accounting using trustee statements.
• Demonstrated working knowledge of Visual Basic macros and manipulation of ASC text files is a plus
• Detail oriented with excellent attention to detail and an inquisitive mind
• Intermediate or advanced skills in Microsoft Word and Excel
• Strong verbal and written communication skills

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.