New

Treasury Analyst

Vaco
$60,000.00 - $70,000.00 / yr
United States, Tennessee, Memphis
Jan 30, 2025
Job Description: The Treasury Analyst is responsible for daily cash management for a bank with more than $1 billion in total assets in order to maintain adequate liquidity and to assist in monitoring funding and liquidity risk. This position will prepare, analyze, and communicate financial reports for the proper management of funds, initiate the actions necessary for balancing the daily deposits and liquidity. Main Tasks and Responsibilities Prepare daily, weekly, monthly, and quarterly treasury reports. Day-to-day cash management of the bank, maintaining all liquidity requirements. Initiate transfers or deposits in response to funding needs. Prepare and analyze key metrics and perform ratio analysis. Manage vault cash process. Provide ongoing financial management including process improvements, ad hoc analysis, reporting and special projects. Advise management of bank's liquidity position based on analysis. Manage communications with correspondent banks. Document and update treasury policies and procedures as needed. Assist in monitoring funding and liquidity risk and overall asset/liability management issues. Support preparation for monthly and quarterly ALCO reports. Enter data in NxtSoft interest rate risk model. Develop analytics resources and support information culture. Provide general technical and operations support. Initiate, receive, research, and resolve routine and some non-routine inquiries. Other related duties as assigned. Experience and Education Bachelor's degree in Finance or Accounting. 5 years of banking or equivalent industry, business, finance, or accounting experience required. Key Competencies: Analytical skills. Strong oral and written communication skills. Critical thinking skills. Microsoft Office. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.