Job DescriptionThe Impact you will have in this role:The Treasury Senior Analyst supports all aspects and critical functions performed by Treasury Operations, including the oversight of daily cash and securities transactions for the Clearing and Participants Funds, managing short-term investments, monitoring cash balances, completing bank reconciliations, and processing wires. The Senior Analyst adheres to controls and risk mitigation strategies to invest large portfolios consisting of operating and client assets while maintaining access to default liquidity resources in the event of a member default. Additionally, the Senior Analyst works closely with Risk Management and Settlement Operations, and interfaces with Operational Risk Management, the Systemic Risk Office, Compliance, Internal Audit and Regulatory Relations to optimize operational controls, governance, and risk mitigation.
Your Primary Responsibilities: - Ensures daily inflows and outflows of cash and securities are sufficient to satisfy clients' Clearing Fund requirements
- Diversifies investments based on short-term cash position with list of approved financial institution counterparties
- Processes necessary bank transactions, including FX, debt servicing, and investments in accordance with policies and applicable regulatory requirements
- Escalates liquidity issues and/or suspicious transactions to management
- Interacts with internal stakeholder teams and external clients/members
- Performs daily reconciliation of bank accounts to ensure all transactions are valid and authorized
- Prepares management analytics reports
- Identifies risks and opportunities for process improvements to mitigate risk.
**NOTE: The Primary Responsibilities of this role are not limited to the details above.**
Qualifications: - Minimum of 2+ years experience in treasury or finance; large, multinational organization a plus
- Familiarity with treasury cash management systems
Talents Needed for Success: - Strong understanding of Microsoft Office products (Word, Excel, PowerPoint)
- Bachelor's degree finance, accounting, or related fields (or equivalent degree/experience) required
- Experience in multicurrency bank account management preferred but not required
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations.
About the TeamFinance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC's competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
The Treasury department manages DTCC's global funding, investments, liquidity, capital and insurance, making sure it has the financial resources to conduct its business activities and manage its exposures. Treasury also manages relationships with DTCC's banking partners, insurers, and rating agencies.
