Merchant Treasury Manager

Celtic Bank • Salt Lake City, UT

5h • Hybrid

About The Position

Celtic Bank is seeking a detail-oriented and strategic Merchant Treasury Manager to oversee treasury operations related to merchant and partner activities. The Merchant Treasury Manager will lead all treasury and settlement activities supporting the Fintech Solutions team. This role is responsible for managing merchant cash flows, overseeing settlement accounting and reconciliation across multiple card networks, administering partner reserves, and proactively monitoring financial risk on partner accounts.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or related field (CPA, CFA, or Treasury certification preferred).
• 5-8 years of experience in treasury, settlement accounting, payments, or financial operations.
• Direct experience handling settlements with card networks and payment processors strongly preferred.
• Strong understanding of payment flows, interchange, network fees, chargebacks, and reconciliation processes.
• Strong analytical mindset with the ability to manage large volumes of transactional data.
• Excellent attention to detail and ability to operate in a controlled, compliance-driven environment.

Nice To Haves

• Experience building settlement processes in a scaling or newly established payments environment is highly desirable.

Responsibilities

• Treasury Management
• Settlement Accounting & Network Reconciliation
• Partner Reserve Management
• Risk Monitoring on Partner Accounts
• Manage daily cash positioning, liquidity planning, and forecasting to ensure sufficient funding for merchant settlements and operational needs.
• Oversee bank accounts, payment flows, and treasury controls related to merchant and partner funds.
• Develop short- and long-term cash forecasts aligned with transaction volumes and growth projections.
• Establish and maintain treasury controls to safeguard merchant and company funds.
• Optimize working capital and recommend funding strategies as network relationships expand.
• Partner with Finance leadership on reporting, analysis, and treasury strategy.
• Lead the end-to-end settlement process with all card networks established for the Fintech Solutions team.
• Ensure accurate and timely reconciliation between internal systems and network reports.
• Maintain clear audit trails and ensure compliance with accounting standards and regulatory requirements.
• Collaborate cross-functionally with Operations, Product, and external network partners to streamline settlement processes.
• Design, implement, and manage reserve methodologies in line with risk exposure and contractual terms.
• Monitor reserve balances to ensure adequate coverage for chargebacks, refunds, and potential losses.
• Conduct periodic reviews and adjustments of reserve requirements based on partner performance and risk profile.
• Communicate reserve positions and changes effectively to internal stakeholders and partners.
• Ensure accurate accounting and reporting of all reserve-related transactions.
• Monitor financial and transactional risk indicators across partner accounts.
• Identify emerging risk trends and escalate concerns to Risk and senior management as needed.
• Develop dashboards and reporting frameworks to track exposure, concentration risk, and loss trends.
• Support the development of mitigation strategies, including reserve adjustments and funding holds.
• Work closely with Risk, Compliance, and Legal teams to ensure adherence to regulatory and contractual obligations.
• Perform other duties as assigned.

Benefits

• Medical, dental, vision
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off requests
• Robust wellness program (we’re talking catered meals three times a weeks, lunch and learns, and onsite gym.)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager