Senior Treasury Associate

DTCC Candidate Experience Site • Dallas, TX

122d

About The Position

The Senior Treasury Associate supports all aspects of our global cash management and margin administration operations. This includes accomplishing short term investments, managing cash balances and reconciliations, processing wires, and securities settlement activities. The Senior Associate adheres to controls and risk mitigation strategies to invest large portfolios consisting of operating and client assets while maintaining access to default liquidity resources in the event of a member default. The Senior Associate works closely with Risk Management and Settlement Operations for daily margin and settlement processing, and works with various control functions to optimize operational controls, governance, and risk mitigation.

Requirements

• Minimum of 6 years of related experience
• Bachelor's degree preferred or equivalent experience
• Minimum of 5 years of cash and securities management experience
• Experience with treasury cash management system
• Knowledge of banking regulations and electronic funds transfer systems
• Project management experience with Agile methodologies

Responsibilities

• Ensures daily inflows and outflows of cash and securities are sufficient to satisfy clients’ Clearing Fund requirements
• Diversifies investments based on short-term cash position with list of approved financial institution counterparties
• Processes necessary bank transactions, including FX, debt servicing, and investments in accordance with policies and applicable regulatory requirements
• Advances liquidity issues and/or suspicious transactions to management
• Interacts with internal customer teams, and external financial counterparties
• Performs daily reconciliation of bank accounts to ensure all transactions are valid and authorized
• Prepares management analytics reports
• Identifies risks and opportunities for operational improvements to mitigate risk
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; advances appropriately

Benefits

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being
• Flexible/hybrid model of 3 days onsite and 2 days remote

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees