Treasury Operations Analyst (On-site)

NewRez LLC; Fort Washington (Montgomery County); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) Retirement plan with employer

Paid parental leave

Job summary

Newrez is seeking a motivated Treasury Analyst to join the Treasury Department on-site in Fort Washington, PA. You will support daily cash movement, reconciliations, and liquidity management, collaborating with Accounting, Front Office, and Legal teams.

The ideal candidate holds a bachelor's degree in finance, accounting, or economics and has 2–5 years in a similar financial services role. Proficiency in Excel and Kyriba is essential to succeed.

Qualifications

• Bachelor's degree in finance, accounting, economics or related field.
• 2–5 years’ experience in a similar role in financial services.
• Strong knowledge of fixed income products.
• Proficient in Excel (VLOOKUPs, pivot tables, complex formulas) and MS Office.
• Ability to thrive in a fast-paced environment with strong organizational skills.
• Excellent problem-solving and written communication skills.

Responsibilities

• Initiate daily wire transactions and manage intra-company liquidity.
• Perform daily cash sheets and balance reconciliations.
• Assist with user access in depository banking portals and Kyriba.
• Analyze activity from prime brokerage, custodian, and operating accounts.
• Support accounting by classifying cash to proper GL codes.
• Research and resolve failed payments.
• Support SOX compliance with auditors.
• Perform additional duties as assigned.

Skills

Fixed income knowledge

Excel skills

Attention to detail

Organization

Communication skills

Education

Bachelor's degree in finance, accounting, economics or related field

Tools

Kyriba

Job description

Who We Are At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact. Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Primary Function: Newrez is looking for a motivated self-starter to join the Treasury Department. Reporting to the Manager, Treasury, you will be part of a vibrant, fast paced office environment with exposure to complex financial products and investments in the residential mortgage business. As a Treasury Analyst you will support the treasury department in daily cash movement and reconciliation. This role will have direct exposure to members of the Accounting Team, Front Office and Legal. The Treasury Operations Analyst must have the ability to absorb concepts quickly, possess a strong work ethic, have excellent organizational and communicational skills, be systematic and careful in his/her work execution and be able to perform well both independently and as part of a team.

Principal Duties:

• Initiate daily wire transactions and assist with managing intra-company liquidity.
• Perform daily analysis and maintenance of cash sheets and account balance reconciliations.
• Assist with managing user access in both our depository banking portals and our Treasury Management System, Kyriba.
• Daily analysis of business activity from prime brokerage, custodian, and operating accounts.
• Support the accounting team by assisting in classifying incoming and outgoing cash to ensure proper coding allocation within the General Ledger.
• Research and troubleshoot any failed payments.
• Calculation and instruction of pair-off/wire amounts related to repo activity.
• Engage with Internal/External Auditors to provide necessary support for SOX compliance.
• Performs related duties as assigned by management.

Education and Experience Requirements:

• Bachelor's degree in finance, Accounting, Economics or related field.
• 2-5 years’ experience in a similar role in financial services.

Knowledge, Skill, and Ability Requirements:

• An excellent understanding of fixed income products.
• Proficient working knowledge of Microsoft Outlook, Word, and Excel (including but not limited to V-lookups, pivot tables and complex formulas).
• Ability to work in a fast-paced dynamic environment.
• Strong organizational skills and attention to detail.
• Excellent problem solving, written and communication skills.

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
• Newrez NOW: Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar-for-dollar up to $1,000 Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We’re proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

The right company in the right industry. In both good economic times and bad, people need homes - and mortgages to buy them. We help these people every day buy homes or refinance their current mortgage loans.

In addition to offering an in-demand product, there are two things you should know about us:

We value and reward entrepreneurial spirit, and we are growing. Few lenders are as innovative, as financially solid, as well managed and on track to become America’s leading lender as the Newrez Family of Companies. We deliver products and services that turn prospects into delighted customers —providing abundant opportunity for the great people who work here. These competitive advantages set us apart, and they’re why you can grow with us for the long term.