Treasury Analyst 2

WEX; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated professional to enhance treasury operations. This role involves managing cash management and settlement processes, ensuring compliance with banking regulations, and collaborating with multiple financial institutions. You'll play a vital role in funding decisions and maintaining financial accuracy while contributing to a dynamic team environment. If you're a proactive problem-solver with a keen eye for detail and a desire to learn, this opportunity offers a competitive salary and comprehensive benefits.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Retirement Plans

Paid Time Off

Qualifications

• 2-4 years of banking experience, preferably in Treasury.
• Strong time management and attention to detail.

Responsibilities

• Present daily funding decisions and manage cash positions.
• Coordinate with teams for customer security deposits.

Skills

Cash Management

Settlement Processing

Time Management

Problem-Solving

Attention to Detail

Education

Bachelor’s Degree

Job description

Preferred location:

Salt Lake City, UT metro area

About the Team/Role

This role involves Cash Management and Settlement Processing, including:

• Presenting daily funding decisions and recommendations on the bank’s cash and Federal Reserve positions.
• Reviewing daily cash activity across various correspondent bank accounts such as Harris Bank, Key Bank, SunTrust, Deutsche Bank, Bank of America, and BMO Canada.
• Compiling funding requirements and scheduling payments, with a focus on managing foreign bank and MasterCard processes, ensuring funding adequacy for payments with strict deadlines and regulations.
• Collaborating with MasterCard International on settlements and resolving related issues.
• Working with correspondent banks to open new accounts and ensuring proper setup in Reval for seamless processing.
• Managing the Know Your Customer (KYC) process to ensure compliance with AML and banking regulations.
• Coordinating with WEX teams to identify and process customer security deposits promptly.
• Partnering with domestic treasury analysts to fulfill daily funding requirements for domestic and international MasterCard settlements and other outflows.

Portfolio Management

Responsibilities include managing MMDA portfolios, ensuring timely processing of funding transfers, payments, and ACH transactions.

How you'll make an impact

Contributing to efficient treasury operations and supporting compliance and financial accuracy.

Miscellaneous

• Gathering data for journal entries outside Reval system scope.
• Cross-training for treasury functions to ensure coverage and backup.

Experience you'll bring

• Bachelor’s Degree
• 2-4 years of banking experience, preferably in Treasury
• Strong time management and attention to detail
• Reliable, self-directed, and proactive problem-solver
• Flexible and eager to learn new functions

The role offers a salary range of $60,000 to $80,000, with benefits including health, dental, vision, retirement plans, paid time off, and more. Compensation will be based on qualifications and experience.