Associate II - Treasury Accounting

MMC Corporate • Urbandale, IA

6d • Onsite

About The Position

We are seeking a talented individual to join our Treasury Operations team at Marsh McLennan. This role will be based in Urbandale and is an in-office position. As a Treasury Associate II, you will manage outgoing payments and maintain banking details while strictly following Treasury policies. You will handle diverse Treasury tasks such as stop payments, exception processing, reconciliations, and manual receipts. Collaborating with internal and external partners, you will conduct research and support various requests. Ensuring compliance with corporate policies and SOX procedures, including OFAC screening and verification, will be a key part of your role. We will count on you to: Assist with various Treasury-related tasks and activities, utilizing knowledge of banking and Treasury practices. Execute approved disbursements by conducting transactions that involve transferring funds between company accounts and different clients using Wires/ACH transactions. Process various Treasury requests, which may include tasks such as stop payments, positive pay exception processing, and other related activities. Perform research as requested by business partners, both internal and external, to gather information or resolve inquiries related to Treasury operations. Maintain accurate records and documentation to demonstrate adherence to audit and regulatory policies relevant to Treasury transactions. Follow corporate policies and procedures, including those related to the SOX, to ensure compliance with internal controls and regulatory requirements. Monitor and ensure compliance with applicable laws, regulations, and internal policies related to Treasury operations. Identify opportunities for process improvements within Treasury operations, streamline workflows, and implement best practices to enhance efficiency and effectiveness. Assist in training and mentoring junior team members, sharing knowledge and best practices to enhance the overall Treasury function. Prepare and maintain documentation related to Treasury compliance activities, including policies, procedures, and controls, ensuring adherence to regulatory requirements.

Requirements

• High school diploma or equivalent
• 1-3 years’ experience in banking or treasury
• Proficiency with MS Office suite
• Strong written and verbal communication
• Ability to manage workflow in a fast-paced environment.
• Flexibility to come in the office 5 days weeks when needed for coverage, which may rotate between colleagues as needed.

Nice To Haves

• Associate or bachelor’s degree in finance, accounting, or related discipline.
• Advanced in Excel and working with macros.

Responsibilities

• Assist with various Treasury-related tasks and activities, utilizing knowledge of banking and Treasury practices.
• Execute approved disbursements by conducting transactions that involve transferring funds between company accounts and different clients using Wires/ACH transactions.
• Process various Treasury requests, which may include tasks such as stop payments, positive pay exception processing, and other related activities.
• Perform research as requested by business partners, both internal and external, to gather information or resolve inquiries related to Treasury operations.
• Maintain accurate records and documentation to demonstrate adherence to audit and regulatory policies relevant to Treasury transactions.
• Follow corporate policies and procedures, including those related to the SOX, to ensure compliance with internal controls and regulatory requirements.
• Monitor and ensure compliance with applicable laws, regulations, and internal policies related to Treasury operations.
• Identify opportunities for process improvements within Treasury operations, streamline workflows, and implement best practices to enhance efficiency and effectiveness.
• Assist in training and mentoring junior team members, sharing knowledge and best practices to enhance the overall Treasury function.
• Prepare and maintain documentation related to Treasury compliance activities, including policies, procedures, and controls, ensuring adherence to regulatory requirements.

Benefits

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create innovative solutions and have an impact on colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 101-250 employees