Treasury – Cash Manager

Wintrust•Rosemont, IL

7d•Onsite

About The Position

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.” 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. 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.

Requirements

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

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.