Treasury Analyst (Hybrid - Oak Brook, IL) (Finance)
The Treasury Analyst will report to the Treasury Services Manager in the Ops - Cash & Treasury Services Department. In this hybrid role, the Treasury Analyst will be supporting the Lead Treasury Analyst in collaborating cross functionally and assisting in projects for the Treasury Services and Cash Management Teams. Projects will range in size, scope, and frequency. A focus will be placed on partnering with the 60+ banking relationships Inspira maintains and Merger and Acquisition activity. This role is also responsible for assisting the Treasury Service Specialist in the daily treasury activities which include, but not limited to cash sweep program, daily outgoing wires and ACH approvals, and assisting with bank administration tasks across Inspira's banking partners. This role may also be asked to support the Treasury Services Manager with analysis of potential projects to benefit the efficiency and productivity of the Treasury Services team and Inspira. The ideal candidate will be detail-oriented, organized, dependable, and excel in a collaborative environment.
Duties & Responsibilities:
- Assist the Lead Treasury Analyst in coordinating, monitoring, and participating in assigned projects to completion.
- Responsible for the accurate and timely review and verification of outgoing wire transfers to the correspondent bank systems
- Assist with maintaining appropriate support documentation on bank transaction for audit, compliance and accounting purposes
- Respond to inquiries from and maintain effective relationships with internal departments
- Work with business lines to ensure timely and accurate processing of banking transactions
- Assist in the daily reconciliation of the company's cash sweep program and related fundings
- Drive efficiencies in transaction processing while mitigating risks
- Assist with the monitoring of the Treasury Mailbox and cases to ensure timely follow through on all communications
- Key member of the Merger & Acquisition Treasury Services integration team
- Appropriately escalate issues to management to resolve in a timely manner
- Balance and reconcile all wire activity to the reconciliation system
- Understand wire approval limits and authorities
- Responsible for identification and handling errors/omissions in wire transfer instructions in compliance with the firm's wire policies and procedures
- Strong attention to detail is needed as the flow of funds can reach billions of dollars
- Follow controls in place to protect against fraudulent activity
- Assist with bank administration tasks such as user additions, password resets, reporting, etc.
- Assist with special projects such as documenting and updating procedures, bank administration reporting, data driven metrics and monthly cost analysis
- Other duties as assigned
Typical schedule for this position is 8 a.m. CT to 4:30 p.m. CT.
