Treasury Operations Specialist (Hybrid)

Navient; United States; Remote; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a detail-oriented Treasury Operations Specialist to join their dynamic team. In this role, you will manage cash and banking activities, ensuring liquidity and overseeing daily operations such as cash positioning and payment processing. Collaborating across various teams and with external financial partners, you will play a crucial role in maintaining financial integrity and compliance. This position offers a unique opportunity to develop your skills in a supportive environment while contributing to innovative financial solutions. If you are passionate about finance and thrive in a collaborative setting, this is the perfect opportunity for you.

Qualifications

• Bachelor’s Degree in a business-related field, preferably Finance.
• 3 years of relevant experience in treasury operations or finance.

Responsibilities

• Perform daily cash management functions and bank balance reporting.
• Manage daily margin calls and coordinate settlements with counterparties.
• Maintain Navient Education Loan Trusts and prepare trust reports.

Skills

Organizational Skills

Communication Skills

Problem-Solving

Analytical Skills

Education

Bachelor’s Degree in Finance or Business

3 years of experience in treasury operations

Tools

Financial Systems

Job description

Navient Solutions LLC

At Navient, we believe people are our greatest asset. Whether you’re a client or a colleague, integrity, passion, and commitment guide everything we do. We believe it’s possible to hold one another to a high standard while fostering a supportive and inclusive workplace. Through trust, innovative collaboration is possible. We value every voice, knowing we're stronger, smarter, and more effective when we work together.

We're seeking a detail-oriented Treasury Operations Specialist to join our team and support the day-to-day management of cash and banking activities. In this role, you'll help ensure liquidity, manage financial risk, and oversee daily operations like cash positioning, bank reporting, and payment processing. You'll collaborate across teams such as Capital Markets, Accounting, and Compliance, as well as with external banks and financial partners. This role will also cross-train in areas like trust administration, reconciliations, and margin calls. Strong organizational and communication skills are necessary, as well as the ability to work independently, manage multiple priorities, and problem-solve efficiently.

Responsibilities Include:

Cash Management:

• Perform daily cash management functions, including bank balance reporting, presentment, and concentration reports.
• Process check requests from Accounts Payable, deposit checks using a remote scanner, and manage the Cash Management resource mailbox.
• Administer the opening and closing of bank accounts and prepare monthly bank analysis fees for multiple banks.

Cash Desk and Back Office Support:

• Manage daily margin calls for corporate and trust swaps, including overseeing cleared swap movements.
• Monitor credit rate changes and assess their impact on collateral positions within ISDA contracts.
• Coordinate and process settlements for new issuances, repurchases, and trade confirmations with counterparties.
• Execute and reconcile scheduled payments, administer overrides, and prepare month-end reports for accounting and audit purposes.
• Ensure successful processing of daily bank files and review prior-day bank data for accuracy.
• Analyze daily cash positions, confirm investment and money market trades, and monitor cash inflows and outflows for Navient Corp.

Trust Administration:

• Maintain and administer Navient Education Loan Trusts based on underlying trust agreements.
• Prepare facility and trust reports, confirm payments with external counterparts, and initiate payments with paying agent banks.
• Coordinate with Structured Finance on loan purchase and sale schedules, supporting funding activity and communicating with the Cash Desk on related cash flow.
• Prepare advance borrowing and permitted release requests to conduit banks, including post-settlement reporting and wire payment for post-settlement funding.
• Verify trust cash activity, ensuring payment accuracy and resolving exceptions.

Project Management and Cross Training:

• Work on special projects as assigned.
• Cross-train with team members for coverage and professional development.

MINIMUM REQUIREMENTS

• Bachelor’s Degree in a business-related field, preferably Finance. At least 3 years of relevant experience in treasury operations or a related financial field may substitute.
• 0-1 year of experience within the Business or Finance field. Additional education above the required minimum can substitute.

PREFERRED QUALIFICATIONS

• Familiarity with Treasury operations and the banking industry.
• Strong analytical skills with the ability to make informed financial decisions.
• Proficiency in financial systems and tools.
• Knowledge of relevant financial regulations and industry best practices.

IMPORTANT NOTICES:

All offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.

EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Navient is a drug-free workplace.