Verified Job
Accounting - Finance
Treasury Operations Manager
Accounting - Finance
#638956
Remote / WFH
Job Description
Full job description
Description:
Patriot Bank seeks a proactive and detail-oriented Treasury Operations Manager to oversee the institution’s day-to-day cash management and money movement operations. This role focuses on tactical execution of daily liquidity, ensuring all operational needs are met for both core bank business and specialized programs—including relationships with program managers, payment networks, and institutional counterparties. The Treasury Operations Manager will maintain direct responsibility for managing cash positions, executing short-term funding, preparing daily liquidity reports, and ensuring the seamless movement of funds across multiple platforms. This position will interface regularly with external REPO lenders, the Federal Home Loan Bank (FHLB), the Federal Reserve Bank (FRB), and payment network partners.
Oversee all daily cash management and money movement activities, ensuring timely execution of incoming/outgoing wires, settlements, and transfers across core and program-related accounts.
Monitor and optimize daily liquidity positions to ensure sufficient funds are available for all bank obligations and business lines.
Manage banking relationships with REPO lenders, FHLB, FRB, payment networks, and correspondent banks; arrange short-term borrowings or placements as needed.
Serve as primary liaison for operational coordination with program managers, processors, and network partners to facilitate efficient settlement of funds and reconciliation.
Prepare, review, and distribute daily liquidity and cash position reports for executive and regulatory stakeholders.
Support tactical treasury initiatives, including cash flow projections, stress testing, and rapid response to liquidity needs.
Coordinate with the Finance, Operations, and Compliance teams to ensure all cash movements meet regulatory and internal policy standards.
Ensure robust controls for safeguarding the bank’s assets during all cash handling and transaction processing activities.
Identify and recommend process improvements to enhance cash management, automation, controls, and risk mitigation.
Requirements:
Bachelor’s degree in finance, accounting, economics, or a related field; advanced degree or relevant certification (e.g., CTP) preferred.
7+ years of experience in treasury, cash management, or fund operations; banking experience strongly preferred.
Demonstrated experience managing liquidity for banks or large financial businesses, including use of REPO, FHLB, and Federal Reserve facilities.
Proficiency in preparing liquidity reports, managing cash positions, and executing daily operational tasks in a high-volume environment.
Familiarity with payment networks, program management operations, and fintech settlement processes a plus.
Strong understanding of money markets, short-term funding instruments, and institutional cash management best practices.
Excellent analytical, communication, and interpersonal skills.
High degree of discretion, accuracy, and follow-through in execution and reporting.
Benefits
401K
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account
Flexible Spending Account
Employee Assistance Program
Paid Time Off
Description:
Patriot Bank seeks a proactive and detail-oriented Treasury Operations Manager to oversee the institution’s day-to-day cash management and money movement operations. This role focuses on tactical execution of daily liquidity, ensuring all operational needs are met for both core bank business and specialized programs—including relationships with program managers, payment networks, and institutional counterparties. The Treasury Operations Manager will maintain direct responsibility for managing cash positions, executing short-term funding, preparing daily liquidity reports, and ensuring the seamless movement of funds across multiple platforms. This position will interface regularly with external REPO lenders, the Federal Home Loan Bank (FHLB), the Federal Reserve Bank (FRB), and payment network partners.
Oversee all daily cash management and money movement activities, ensuring timely execution of incoming/outgoing wires, settlements, and transfers across core and program-related accounts.
Monitor and optimize daily liquidity positions to ensure sufficient funds are available for all bank obligations and business lines.
Manage banking relationships with REPO lenders, FHLB, FRB, payment networks, and correspondent banks; arrange short-term borrowings or placements as needed.
Serve as primary liaison for operational coordination with program managers, processors, and network partners to facilitate efficient settlement of funds and reconciliation.
Prepare, review, and distribute daily liquidity and cash position reports for executive and regulatory stakeholders.
Support tactical treasury initiatives, including cash flow projections, stress testing, and rapid response to liquidity needs.
Coordinate with the Finance, Operations, and Compliance teams to ensure all cash movements meet regulatory and internal policy standards.
Ensure robust controls for safeguarding the bank’s assets during all cash handling and transaction processing activities.
Identify and recommend process improvements to enhance cash management, automation, controls, and risk mitigation.
Requirements:
Bachelor’s degree in finance, accounting, economics, or a related field; advanced degree or relevant certification (e.g., CTP) preferred.
7+ years of experience in treasury, cash management, or fund operations; banking experience strongly preferred.
Demonstrated experience managing liquidity for banks or large financial businesses, including use of REPO, FHLB, and Federal Reserve facilities.
Proficiency in preparing liquidity reports, managing cash positions, and executing daily operational tasks in a high-volume environment.
Familiarity with payment networks, program management operations, and fintech settlement processes a plus.
Strong understanding of money markets, short-term funding instruments, and institutional cash management best practices.
Excellent analytical, communication, and interpersonal skills.
High degree of discretion, accuracy, and follow-through in execution and reporting.
Benefits
401K
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account
Flexible Spending Account
Employee Assistance Program
Paid Time Off
