Manager Cash Management

Discover. A brighter future.

With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description:

The Manager of Treasury Services within Cash Management will work under the direction of the Senior Manager and be responsible for implementing projects related to treasury services utilized by DFS. They will work closely with third-party banks (i.e., JPMC, Citibank) and vendors (i.e., FIS), and internal business units (i.e., Payment Services). This person will also contribute strategic thinking to optimize the use of payment systems (Fed Wire, ACH), check collections, and information reporting to enhance DFS business lines. Develops and coaches' teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.

Responsibilities

• Engages with treasury management banking relationships and works with banking partners to continually improve corporate banking infrastructure and processes. Performs bank account opening/closing, updating banking resolutions, and signatories.

• Responsible (with Senior Manager) for implementing projects related to treasury work station (Quantum). Participates in regularly held status meetings. Appropriately communicates project and task status. Works closely with third-party vendor (FIS) and internal business units and participates in testing the functionality.

• Manages Treasury Services and OFAC staff while maintaining priorities and compliance with regulatory requirements as well as DFS Policies.

• Partners with Discover’s business units to provide consultative services to choose the most appropriate Cash Management service. Works to minimize bank fees.

• Assists and possibly leads Cash Management projects and working group committees with internal and external business partners. Leads development, implementation, and optimization of Treasury IT systems.

Minimum Qualifications

At a minimum, here’s what we need from you:

• Bachelor's Degree in Finance, Business Administration, or related field

• 4+ years of experience in Treasury Services, Banking, or related field

• In lieu of a degree, 8+ years of  experience in Treasury Services, Banking, or related field

Preferred Qualifications

If we had our say, we’d also look for:

• Certified Treasury Professional

#LI-EB1

Application Deadline:

The application window for this position is anticipated to close on Dec-05-2023. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

Compensation:

The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits:

We also offer a range of benefits and programs based on eligibility. These benefits include:

• Paid Parental Leave

• Paid Time Off

• 401(k) Plan

• Medical, Dental, Vision, & Health Savings Account

• STD, Life, LTD and AD&D

• Recognition Program

• Education Assistance

• Commuter Benefits

• Family Support Programs

• Employee Stock Purchase Plan

Learn more at MyDiscoverBenefits.com.

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)