Cash Management Specialist - Treasury Operations (Hybrid)

 Cash Management Specialist - Treasury Operations (Hybrid)

Treasury Operations
Hybrid - Work Model
Posting Category:Hide Apply Now

The Cash Management Specialist provides expertise to management by performing a variety of complex duties and responsibilities, related to meeting the operational needs of the Office of Cash Management, and is responsible for initiating daily Cash Management functions administered by the Office of Cash Management, operating in a dual control environment requiring frequent collaboration with team members throughout the day.
Additional responsibilities include:

1. Coordinate daily cash positioning process. Gather data from various University banking and investment providers, review data for accuracy and maintain data in the Cash Management spreadsheet. 
2. Initiate wire transfer, ACH transfer, and international wire activity for various University units. 
3. Facilitate stop payment requests received from various University units and maintain respective spreadsheets.
4. Add bank portal users and assist with changes to access. Assist in the semi-annual review of bank user access and maintain spreadsheet of users. 
5. Manage shared e-mail boxes, in collaboration with cash team members. 
6. Respond to all University units' requests for transaction processing and research.
7. Support other University units in transactional research to ensure accurate bank account reconciliation.
8. Maintain multiple spreadsheets, work with financial institutions, vendors, and University departments, provide ACH and/or Wire transaction guidance and assist with the maintaining of the image archiving system. 
9. Work Schedule must meet combined requirements of University calendar and Federal Reserve Banks Operating Schedule. Incumbent is required to perform daily cash positioning and funds transfer activities on University holidays when the banking system is open for business. Examples include the Friday after Thanksgiving and during Christmas / New Year holiday period. This includes the ability to conduct daily cash positioning and funds transfer activities in an independent, unsupervised mode from home or offsite location. 

1. Bachelor's degree in business administration, management, or a field related to the position.
2. Two (2) years of professional business, financial, and/or managerial work experience.
   (NOTE: A Master's Degree in an area consistent with the duties of the position may be substituted for one (1) year (12 months) of work experience.)
3. Based on position requirements, additional education, training, and/or work experience in an area of specialization inherent to the position may be required.

1. Specific knowledge about banking business principles and U.S. payments systems, including wire transfers, check clearing and ACH processing.
2. Independent decision-making ability that reflects good judgment and discretion. Incumbent is required to process and control daily funds transfers that range from $15M to $150M. Annual cash flows managed exceed $5B.
3. Excellent interpersonal and communication skills to establish and maintain effective working relationships with customers, numerous banks, University staff and University administration.
4. Ability to organize and prioritize work assignments to produce accurate, detail-oriented work while meeting stringent deadlines and balancing customer service interruptions.
5. Proficiency in Microsoft Office applications; and proven ability to handle sensitive personal and banking information with integrity and confidentiality.
6. Exceptional organizational skills required, prioritizing tasks for timely completion.
7. Proven ability to complete tasks independently while being aware of and comfortable in the overall team atmosphere.

Preferred:

1. Business experience in a university or banking environment preferred.

Application Procedures & Deadline Information
For full consideration, candidates must apply and submit a letter of application, resume, and names/addresses/phone numbers of three professional references by 6 pm on 4/12/2024 or visit www.hr.uillinois.edu/employment.

System Human Resource Services
(217) 333-2600
erhr@uillinois.edu

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.

Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act (2008) to complete the application and/or interview process. Requests may be submitted through the reasonable accommodations portal, or by contacting the System Human Resource Services, Diversity, Equity and Inclusion at 217-333-2600, or by emailing ADAaccessibility@uillinois.edu.

Requisition ID: 9000651
Job Category: Civil Service
Campus Location: Urbana