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Form of workAscent is a leading provider of innovative financial products and student support services that enable more students to access education and achieve academic and economic success. Everything Ascent offers is designed with the best-in-class teams and technology to increase every student's ability to plan, pay, and succeed in their education and career. Ascent's planning tools and financing resources are co-created by students for those in college, graduate school, and career training programs. Ascent offers financial wellness education, student success services, and one-on-one and digital career coaching that put students' academic and professional goals within reach. Ascent has been widely recognized for its strong culture - named "Best Places to Work" by the San Diego Business Journal for the past 5 years - and as an industry leader - named "Best Student Loan" by NerdWallet for the past 3 years.
Job Description:
The Treasury Operations Associate will report to the Treasury Manager and will be responsible for daily operational support of treasury and capital markets functions. This includes loan disbursement, purchase, and sale processes. This includes working with Ascent's originating bank partners and loan buyers to facilitate loan purchases. The Associate will have responsibilities related to Ascent's student and consumer loan products.
This is a multi-faced position that works closely with different business units including Accounting, Loan Operations, Data Engineering, and Finance. The position requires strict attention to detail and the ability to manage deadlines.
Responsibilities:
- Execute loan acquisition and sale processes to include creating funding requests and other transaction documents.
- Reconcile loan servicing data and sale transaction documents.
- May perform analysis on loan segments and gain on sale metrics.
- May perform scenario analysis combining loan volume forecasts and loan sale sizing.
- Work proactively to improve process automation and operational efficiencies.
- Document policies, procedures, and workflow for assigned areas of responsibility.
- Perform ad-hoc analysis and contribute to special projects as assigned.
- Bachelor's degree in Accounting, Finance, or related field.
- 2+ years of treasury, capital markets, or related experience.
- Excellent skills in Microsoft Office Suite, in particular Microsoft Excel.
- Ability to solve problems and resolve conflicts to achieve a positive outcome.
- Ability to work independently in a team environment without close supervision.
- Excellent time management and organizational skills, as well as attentiveness to details and a commitment to follow up.
- Ability to effectively manage several tasks in a fast-paced environment.
- Willingness/ability to work extra hours when faced with tight deadlines.
- Candidate must reside in the United States to be considered for this position.
- Experience with student or consumer loans.
- SQL or other experience working with large datasets.
- Advanced degree, CPA, CFA, or other relevant certification.
- Understanding of Generally Accepted Accounting Principles (GAAP).
- An eagerness to learn and grow your skills.
- A drive to succeed, a sense of urgency, and a passion for the work.
- All-around good team leaders who are approachable and dedicated to helping others succeed.
- Confident communicators with internal and external parties.
- Compensation for this position is base salary of $60,000 - $77,000 commensurate with experience plus bonus and company stock options
- 401(k) + Company Match
- Medical, dental, and vision coverage
- Annual HSA contribution of $1,600
- Life insurance, disability, and critical illness
- 14 Paid Holidays! Eleven (11) + Two (2) Community Days + Your Birthday!
- Snacks and drinks in the office
- Tuition reimbursement program
- Generous paid leave policies
- $2,000 Vacation Incentive Plan after 3 years + $1,000 Sabbatical Day
- Wellness, Work from Home funds, and more!
The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.
Equal Employment Opportunity
It is the policy of the Company to provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, sensory, physical, or mental disability, marital status, veteran or military status, genetic information, or any other classification protected by applicable local, state, or federal laws. This policy applies to all aspects of employment, including, but not limited to, hiring, job assignment, compensation, promotion, benefits, training, discipline, and termination. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
