What are the responsibilities and job description for the Senior Treasury Operations Analyst position at Steel Partners?
About WebBank
WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $175 billion in consumer and commercial credit products. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners.
Job Summary
The Senior Treasury Operations Analyst is a key member of the Bank's Treasury team, supporting Treasury's cash management operations. This role reports to the Treasury Manager and plays a critical role in building efficient Treasury processes to support the Bank's continued growth.
Primary Responsibilities
- Own key aspects of the strategic partner settlement process, including maintaining and updating the settlement schedules; releasing wire, ACH and RTP transactions; researching discrepancies; and ensuring settlement activities are completed accurately and on time.
- Proactively identify, investigate, and resolve settlement and payment-related matters, working directly with Strategic Partners and internal parties to determine root causes and implement effective, sustainable solutions.
- Serve as one of key Treasury contact for Strategic Partners on settlement and payment-related matters.
- Support VP, Treasury and Treasury Manager in identifying and implementing opportunities to automate, streamline, and scale Treasury processes, reducing manual activities and operational risk while improving accuracy and efficiency.
- Maintain, document and continuously improve treasury procedures and controls supporting daily cash management and settlement activities.
- Collaborate with Finance department personnel on various reporting and reconciliation tasks, as required.
- Support the VP, Treasury and Treasury Manager with ad-hoc requests.
Company Perks (Full Time Only)
You Get:
- Paid Time Off (PTO) - Generous paid time off plus paid parental leave
- Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
- 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
- Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
- Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year
Qualifications:
Required Skills and Experience
- Bachelor’s degree in Business, Finance, Accounting or equivalent
- 3 years of Treasury operations experience
- Advanced Excel skills
- Strong project management, communication, and presentation skills
- Adaptability to work in a fast-paced, evolving environment
- Strong interpersonal skills
Preferred skills
- Strong SQL/Database knowledge
- AAP/CTP certification
- Fintech/banking experience
Salary : $5,250