Treasury Analyst

GENERAL PURPOSE OF THE JOB:   

The Treasury Analyst is responsible for bank account administration, daily cash management, account positioning, preparation of cash projections, and Treasury analysis. The incumbent will interface with key cross-functional partners including IT, accounting operations and investment operations functions as well as external bankers and custodians while maintaining positive relationships with banks, managing banking fees, and ensuring compliance with banking regulations. The Treasury Analyst should be adept at utilizing treasury management systems to initiate and track transactions, monitor cash positions, and generate reports. 

 ** Position sits in West Des Moines and will work an onsite hybrid schedule**

ESSENTIAL DUTIES AND RESPONSIBILITIES:  

• Positions cash to ensure adequate liquidity for daily funding needs across operating banks to meet corporate treasury net cash requirements to fund tax payments, reinsurance payments, accounts payable and client payment activities.
• Responsible for operational bank account opening, closing and administration to ensure signers and services are kept current in support of business needs and ongoing changes.
• Executes foreign and domestic wires per policy, as directed and within established guidelines.
• Monitors bank balance and overdraft positions and related fees across operating and custodial banks.
• Monitors group email box to respond and resolve Treasury related inquiries.
• Maintain or create various Treasury databases and trackers to ensure compliance with policies.
• Provide and support audit or internal control inquiries.
• Act as Administrator across various banking portals and the Treasury Management System.
• Support and maintain collateral placement process for State Deposits.
• Analyzes cash flows including historical actual to projections and forecasted projections, reports findings and makes recommendations to key stakeholders as directed.
• Performs other related work, as assigned.

SUPERVISORY RESPONSIBILITIES: None.

EDUCATION AND/OR EXPERIENCE:  

• Bachelor’s degree from four-year college or university in finance, economics or business
• three (3) years of related treasury or cash management experience;
• one (1) year related financial planning and analysis/reporting experience and/or equivalent training and/or experience.

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:

Certified Treasury Professional (CTP) or desire to work towards credential is  preferred

KNOWLEDGE, SKILLS AND ABILITIES:   

• Strong math, Accounting and Finance skills
• Effective verbal and written communication skills.
• Sound reasoning ability and problem-solving skills
• Strong customer service orientation.
• Solid quantitative capabilities.
• Strong analytical and substantial spreadsheet aptitude.
• Ability to complete tasks daily and adhere to deadlines.
• Ability to collaborate and work cooperatively and successfully with employees, customers, and other outside third parties.
• Strong organizational and planning skills.
• Proficient in the use of Microsoft Office Suite.
• Relevant experience in insurance or financial services industry.

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