Treasury Manager

Carrington Mortgage • Chandler, AZ

2h • $110,000 - $140,000

About The Position

The Treasury Manager will be responsible for managing the wire desk of the Treasury department with its ongoing daily operational needs such as transaction processing, balance reporting, bank account administration, maintaining signatories, unclaimed property reporting and compliance activities. Provide ongoing support of Treasury-related processes. Ensure payments are accurate, avoid losses, and comply with policies and procedures. Participate in treasury/cash management initiatives and projects, such as bank account management, banking service enhancements, system reconciliations, and system administration. Perform all duties in accordance with the company’s policies and procedures, investor guidelines, all US state and federal laws and regulations, wherein the company operates.

Requirements

• High school diploma or equivalent work experience required.
• 3-5 years of Treasury, Finance, and accounting experience required, preferably in the mortgage industry.
• Advanced Excel skills with the ability to analyze data.

Nice To Haves

• Bachelor’s degree in related fields preferred.
• 3-5 years of managing or leading staff preferred.
• Experience with a Treasury Management System preferred.

Responsibilities

• Carry out management responsibilities in accordance with the organization’s policies, procedures, and applicable laws, including hiring and training employees; planning, assigning, and directing work; monitoring performance; rewarding and disciplining employees; addressing complaints; and resolving problems.
• Manage wire desk functions including transaction processing, balance reporting, bank account administration, maintenance of signatories, unclaimed property reporting and compliance activities.
• Create, review, and distribute daily, weekly, and monthly reports for internal and external use using Access and Excel.
• Review and approve work products of the Treasury Facility staff to ensure accuracy.
• Develop and maintain banking relationships.
• Actively review and monitor treasury functions to prevent fraud.
• Review, approve, and release bank transfer requests including wire, book transfer, and account transfers.
• Administer all bank accounts, including new accounts, new signers and maintain clear records internally.
• Review and approve stop payment requests and other check related research.
• Determine cash excess/shortage levels and make recommendations for funding daily.
• Review timing and levels of intercompany fundings, payroll needs, incoming cash, etc. at the corporate level.
• Review the accounts payable account balance to determine if the account needs to be funded and make a recommendation for funding daily.
• Throughout the day, track and report on the operating funds levels.
• Participate in treasury/cash management initiatives and projects, such as bank account management, banking service enhancements, system reconciliations, and system administration.
• Recommend excess cash movement strategy daily and have the staff process the trade(s).
• Perform other duties as assigned.

Benefits

• Comprehensive healthcare plans for you and your family.
• Discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses.
• Educational Reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: High school or GED