Treasury – Cash Manager

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

Benefits offered by this job

Medical Insurance

Dental

Vision

Life insurance

Disability Insurance

Parental Leave

401(k) with company match

Flexible Spending Account (FSA)

Employee Stock Purchase Plan

Critical Illness Insurance

Accident Insurance

Transportation and Commuting Benefits

Banking Benefits

Pet Insurance

Job summary

Wintrust Financial Corp in Chicago seeks a Cash Manager to join the Cash Management team within Treasury, reporting to the SVP-Treasury, Corporate Investments. You will oversee bank cash positions and collateral across multiple banks, supporting daily liquidity and funding needs.

Ideal candidates have 0–2 years of related experience, an associate’s degree in Accounting/Finance, strong time-management skills, and thrive in a fast-paced environment.

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

• Manage all bank cash positions for multiple banks within the Wintrust group, including the Federal Reserve.
• Monitor pledged accounts daily to ensure collateral adequacy.
• Manage pledging activity with FHLB Chicago and the Federal Reserve Bank of Chicago for securities and loans.
• Assist Corporate Investments with security settlements and bank user access; participate in Treasury projects.

Skills

Time management

Analytical skills

Education

Associate’s degree or equivalent in Accounting/Finance

Job description

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”

Why join us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and discretionary bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few Promote from within culture

Why join this team?

As a Cash Manager, you will join a small, closely knit, four-member Cash Management team within Corporate Investments, and part of the larger Treasury group. You will gain experience and exposure to accelerate your career, including banking industry knowledge, as well as professional skills such as meeting effectiveness, and have Executive management presence.

Position Overview

As a Cash Manager, you’ll join our Cash Management team within Treasury, reporting directly to the SVP-Treasury, Corporate Investments, and have direct, regular access and communication with other Treasury and Finance professionals.

What You’ll Do

Learn the numerous 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 as the key point person, including the Federal Reserve, to meet daily liquidity needs including borrowing and selling funds. Monitor pledge accounts daily to ensure customer deposit accounts have appropriate collateral amounts and types of collateral pledged. Manage and monitor pledging activity with the FHLB Chicago and the Federal Reserve Bank of Chicago for both securities and loans. Assist Corporate Investments with security settlements Manage correspondent bank user access Participate in other projects and/or activities impacting Treasury. Participate in learning and development opportunities.

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

Benefits

• Medical Insurance
• Dental
• Vision
• Life insurance
• Accidental death and dismemberment
• Short-term and long-term Disability Insurance
• Parental Leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical Illness Insurance
• Accident Insurance
• Transportation and Commuting Benefits
• Banking Benefits
• Pet Insurance Compensation

The estimated salary range for this role is $50,000.00 - $65,000.00 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.

#LI-ONSITE

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.

Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Wintrust provides community and commercial banking, specialty finance and wealth management services, delivering the sophisticated solutions of a large bank through a relationship-focused approach built from our community banking roots. Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here Click here for Equal Opportunities.