Treasury Operations Manager

SMB Shared Services, Inc.; Sterling (VA); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

Bonus incentives

Generous PTO and holidays

401k with employer match

Comprehensive benefits

Hybrid work arrangements

Job summary

Sallie Mae is hiring a Treasury Operations Manager to lead daily cash management, funds transfers, and bank account administration. You will drive controls, collaboration, and efficiency across Treasury Operations and partner with internal departments and external banks.

The role emphasizes automation, risk management, and a strong control environment in a fast-paced setting with cross-functional collaboration.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or related field.
• 5–10 years in Treasury Operations, cash management, banking operations, or related financial services.
• 2+ years of people leadership or team lead experience.
• Experience with cash positioning, wire transfers, bank account management, payment operations, and internal controls.

Responsibilities

• Oversee daily cash management and funds transfer operations.
• Lead and develop a Treasury Operations team with a strong control environment.
• Drive process improvements, automation, and governance for treasury activities.

Skills

Treasury Operations

Cash management

Banking operations

Team leadership

Data analysis

Microsoft Excel

Communication

Education

Bachelor's degree in Finance/Accounting/Economics

MBA or advanced degree

CTP/CFA/CPA

Tools

Kyriba

GTreasury

FIS Quantum

SQL

Power BI

Job description

When you join Sallie Mae, you become a champion for all students. We’re on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big. Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We’re changing. Because students need a better way. We’re looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students—and for each other. This is where diverse backgrounds, beliefs, and perspectives matter. It’s where you’re empowered to bring your authentic self to work. Feeling your best allows you to do your best. Our benefits take care of the whole you—from physical and mental to financial and professional. You’ll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more. We’re obsessed with impact and making a real difference. For us, that means putting relationships first, asking “why not?” when tackling challenges, and continuously learning new skills. Come do more than join something, change something. For students, for future generations, for the future of education.

What You Will Contribute

This role provides an opportunity to lead key Treasury Operations activities supporting the Treasury Operations leadership. The Treasury Operations Manager is responsible for overseeing daily cash management, funds transfer operations, correspondent bank account administration, and liquidity-related operational processes to ensure the Bank meets its financial obligations in a timely, accurate, and controlled manner. The Manager will lead a team responsible for daily Treasury Operations activities, including funds transfers, cash positioning, bank account administration, payment processing, reconciliation support, and issue resolution with internal and external business partners. The role will also drive process improvements, automation initiatives, and operational efficiencies while maintaining a strong control environment. In addition, the Manager will support Treasury technology initiatives, including enhancements to existing systems and participation in future Treasury Management System implementations. The Manager serves as a first line of defense leader within Treasury Operations and is responsible for ensuring procedures, controls, and documentation are maintained and executed effectively. The role requires close collaboration within Treasury and cross-functionally with Accounting, Compliance, Risk, Legal, Technology, and external banking partners to support Treasury activities within established policies, regulatory requirements, and governance standards. This role can be located in our Salt Lake City, UT office or our Sterling, VA office. Our Sterling, VA office has a planned move to Arlington, VA in Fall 2026.

What You Need to Succeed

Demonstrate strong knowledge of Treasury Operations, cash management, payments, liquidity management, and bank account administration. Lead and develop a team while fostering a culture of accountability, collaboration, and continuous improvement. Execute operational processes accurately and efficiently while maintaining a strong focus on risk management and internal controls. Analyze financial and operational data to identify trends, resolve issues, and support decision-making. Manage multiple priorities in a fast-paced environment with appropriate escalation of risks and issues. Identify opportunities to streamline processes, strengthen controls, and leverage technology solutions and automation. Build effective working relationships across departments and with external banking partners. Support audit, regulatory, compliance, and risk management activities through effective documentation and control execution.

What You Have

Minimum Education, Skills and Experience Required Bachelor's degree in Finance, Accounting, Economics, Business, or a related field. 5-10 years of Treasury Operations, cash management, banking operations, or related financial services experience. 2+ years of people leadership, supervisory, or team lead experience. Experience with cash positioning, wire transfers, bank account management, payment operations, and operational controls. Strong understanding of internal controls, risk management, and governance practices. Advanced proficiency in Microsoft Excel, Word, and PowerPoint. Experience utilizing financial systems, general ledger platforms, databases, and reporting tools. Strong analytical, problem-solving, organizational, and communication skills. Preferred Education, Skills and Experience MBA, Master's degree, or equivalent advanced education. Certified Treasury Professional (CTP), CFA, CPA, or comparable professional certification. Experience with Treasury Management Systems (Kyriba, GTreasury, FIS Quantum, or similar). Experience with process automation, data analytics, SQL, Power BI, Alteryx, or similar reporting tools. Experience supporting audits, regulatory examinations, SOX controls, and operational risk management programs. Banking or financial institution Treasury experience preferred.

Feel your best helps you do your best: Our benefits take care of the whole you—so you can build your work around your life (not the other way around!).

• Competitive base salaries
• Bonus incentives
• Generous PTO, Floating Holidays and 12 Federal Holidays observed
• Support for financial-well-being and retirement 401k with employer match
• Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
• Employer paid short-term/long-term disability and basic life insurance
• Flexible hybrid working arrangements.
• Paid parental leave and adoption reimbursement programs
• Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)
• Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives
• Tuition Reimbursement and Family Scholarship Programs
• Career development and training opportunities

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law.

Click here to view the U.S. Pay Transparency Policy, here for federal job applicant notices, and here to view the California Employee Privacy Notice. Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call [phone] and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

When you join Sallie Mae, you become a champion for all students. We’re on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big. Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We’re changing. Because students need a better way. We’re looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students—and for each other. This is where diverse backgrounds, beliefs, and perspectives matter. It’s where you’re empowered to bring your authentic self to work. Feeling your best allows you to do your best. Our benefits take care of the whole you—from physical and mental to financial and professional. You’ll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more. We’re obsessed with impact and making a real difference. For us, that means putting relationships first, asking “why not?” when tackling challenges, and continuously learning new skills. Come do more than join something, change something. For students, for future generations, for the future of education.