Cash Management Specialist - Treasury & Liquidity

Wintrust Financial Corporation; Rosemont (IL); On-site; USD 50,000 - 65,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) with company match

Job summary

Wintrust Financial Corporation, based in Rosemont, IL, is seeking a Cash Manager to join the Treasury section of Corporate Investments. The role focuses on cash positioning for multiple banks, pledge monitoring, and coordination with Fed and FHLB for collateral and settlements.

Ideal candidates have 0-2 years of related experience, an accounting/finance background, and strong time-management skills to thrive in a fast-paced environment. On-site role with opportunities for growth.

Qualifications

• 0-2 years of related experience.
• Associate’s degree or equivalent with some Accounting/Finance background preferred.
• Exceptional time management skills.
• Ability to work in a fast-paced environment.

Responsibilities

• Learn the key points, responsibilities, and intricacies of the Cash Management process.
• Primarily manage all bank correspondent account cash positions for several banks within the Wintrust group, including the Federal Reserve.
• Monitor pledge accounts daily to ensure customer deposit accounts have appropriate collateral amounts and types.
• Manage and monitor pledging activity with the FHLB Chicago and the Federal Reserve Bank of Chicago for securities and loans.
• Assist Corporate Investments with security settlements.
• Manage correspondent bank user access.
• Participate in other Treasury projects and activities.
• Participate in learning and development opportunities.

Skills

Time management

Fast-paced environment

Education

Associate's degree or equivalent

Job description

Wintrust Financial Corporation, based in Rosemont, IL, is seeking a Cash Manager to join the Treasury section of Corporate Investments. The role focuses on cash positioning for multiple banks, pledge monitoring, and coordination with Fed and FHLB for collateral and settlements.

Ideal candidates have 0-2 years of related experience, an accounting/finance background, and strong time-management skills to thrive in a fast-paced environment. On-site role with opportunities for growth.