Bank Administration Analyst

Stanley Black and Decker; New Britain (CT); Hybrid; USD 62,000 - 100,000; Full time

Benefits offered by this job

Medical coverage

Stock Purchase Plan

Paid time off

Tool discounts

Job summary

Stanley Black & Decker in New Britain, CT is seeking a Bank Administration Analyst - Hybrid to support Corporate Treasury's bank activities across North America. You will analyze processes, ensure regulatory compliance, prepare reports, and assist with daily cash management and KYC tasks.

The role requires a Bachelor's in business/finance and 1–3 years in banking or finance, with strong analytical skills, attention to detail, and proficiency in MS Office.

Qualifications

• Bachelor's degree in Business Administration, Finance, Economics or related field.
• 1–3 years of experience in banking, finance, or administrative analysis.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Proficiency in MS Office Suite; experience with banking software is a plus.
• Good communication and interpersonal skills.
• Ability to work independently and as part of a team.

Responsibilities

• Supports the operational and administrative functions of the bank activities in North America.
• Analyzes business processes, maintains regulatory compliance, prepares reports, and supports management in decision-making.
• Ensures efficient workflow, accurate documentation, and effective implementation of banking policies.
• Maintains bank and merchant accounts, updates signers, and supports SOX compliance.
• Coordinates KYC documentation for bank regulatory requirements.
• Manages online banking and credit card platforms; supports PCI requirements.
• Reviews monthly bank account analysis fees and addresses discrepancies with banks.
• Liaises with banking partners to resolve inquiries in the US, Canada, and LATAM.
• Supports audits and regulatory examinations with documentation and analysis.
• Ensures compliance with internal controls and policies.
• Assists with daily cash management activities, including liquidity tracking and cash strategy execution.

Skills

Analytical ability

Attention to detail

Communication skills

Teamwork

Education

Bachelor's degree in Business Administration, Finance, Economics

Tools

MS Office Suite

Banking software

Job description

New Britain, CT, United States

Full time

REQ-1000049846

Bank Administration Analyst - Hybrid

New Britain, CT USA

Come build something that matters.

It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World™. Sound like you? Join our top-notch team of approximately 43,500 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.

The Job:

As a Bank Administration Analyst, Strategic Sourcing, you’ll be part of our Corporate Treasury team working as a hybrid employee. You’ll get to:

• Supports the operational and administrative functions of the bank activities in North America.

• Responsible for analyzing business processes, maintaining compliance with regulatory standards, preparing reports, and supporting management in decision-making.

• Ensures efficient workflow, accurate documentation, and effective implementation of banking policies.

• Maintain bank and merchant accounts by opening and closing accounts, modifying services, updating signers, and supporting treasury-related SOX compliance.

• Coordinate and administer bank account Know-Your-Customer (KYC) documentation as it relates to bank regulatory and compliance requirements.

• Administer and maintain online banking and credit card platforms.

• Assist in administering annual PCI (Payment Card Industry) requirements.

• Review monthly bank account analysis fees, validate charges, and address discrepancies in collaboration with bank representatives.

• Liaise with banking partners to resolve day-to-day inquiries and in support of business initiatives in the US, Canada, and LATAM markets.

• Support audits and regulatory examinations by providing requested documentation and analysis.

• Ensure compliance with internal controls, policies and procedures.

• Assist with daily cash management activities, including liquidity tracking, forecasting, and cash strategy execution.

The Person:

You love to learn and grow and be acknowledged for your valuable contributions. You're not intimidated by innovation. Wouldn't it be great if you could do your job and do a world of good? In fact, you embrace it. You also have:

• Bachelor's degree in Business Administration, Finance, Economics, or related field.

• 1-3 years of experience in banking, finance, or administrative analysis.

• Strong analytical and problem-solving skills.

• Excellent attention to detail and organizational abilities.

• Proficiency in MS Office Suite; experience with banking software is a plus.

• Good communication and interpersonal skills.

• Ability to work independently and as part of a team.

The Details:

You'll receive a competitive salary and a great benefits plan, including:

• Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.

• Discounts on Stanley Black & Decker tools and other partner programs.

And More:

We want our company to be a place you'll want to be – and stay. Being part of our team means you'll get to:

• Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.

• Learn: Have access to a wealth of learning resources, including our digital learning portal.

• Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences.

• Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.

What's more, you'll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We're more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We're visionaries and innovators. As successful as we've been in the past, we have so much further to go. That's where you come in. Join us!

#LI-RB1

#LI-Hybrid

The Salary range for this position is $62,200.00 - $100,200.00

• This is the lowest to highest annual full-time salary range we would pay for this role at the time of this posting. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements. Please note that salary is only one component of total rewards at Stanley Black & Decker.

• The salary range listed in this job posting reflects the range for the primary location specified. The salary range may vary for other locations.

• The successful candidate may be eligible for annual merit increases.

• Medical, dental, life, vision, disability,401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.

• Discounts on Stanley Black & Decker tool sand other partner programs.

We Don’t Just Build The World, We Build Innovative Technology Too.

Joining the Stanley Black & Decker team means working in an innovative, tech-driven and highly collaborative team environment supported by over 43,500 professionals in 60 countries across the globe. Here, you'll get the unique chance to impact some of the world’s most iconic brands including STANLEY TOOLS, DEWALT, CRAFTSMAN, MAC TOOLS and Black + Decker. Your ideas and solutions have the potential to reach millions of customers as we work together to write the next chapter in our history. Come build with us and take your career to new heights.

Who We Are

We're the World's largest tool company. We're industry visionaries. We're solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art smart factory products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn't stopped us from evolving into a vibrant, diverse, global growth company.

What You'll Also Get

Career Opportunity: Career paths aren't linear here. Being part of our global company with 60+ brands gives you the chance to grow and develop your skills along multiple career paths.

Benefits & Perks

You'll get a competitive salary and a comprehensive benefits plan that includes medical, dental, life, vision, wellness program, disability, retirement benefits, Employee Stock Purchase Plan, Paid Time Off, including paid vacation, holidays & personal days, and tuition reimbursement. And, of course, discounts on Stanley Black & Decker tools and products and well as discount programs for many other vendors and partners.

Learning & Development:

Our lifelong learning philosophy means you'll have access to a wealth of state-of-the-art learning resources, including our Lean Academy and online university (where you can get certificates and specializations from renowned colleges and universities).

Diverse & Inclusive Culture:

We pride ourselves on being an awesome place to work. We respect and embrace differences because that's how the best work gets done. You'll find we like to have fun here, too.

Purpose-Driven Company:

You'll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices.

EEO Statement:

All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran's status or any other protected characteristic.

If you require reasonable accommodation to complete an application or access our website, please contact us at [phone] or at [e-mail] . Due to volume, we cannot respond to unrelated inquiries about the status of a completed application or resetting an account password.

Know Your Rights: Workplace discrimination is illegal (eeoc.gov) (http://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf)

For the builders and protectors, for the makers and explorers, for those shaping and reshaping our world through hard work and inspiration, Stanley Black & Decker provides the tools and innovative solutions you can trust to get the job done—and we have since 1843.