Treasury Specialist

About the Job:

The Treasury Specialist performs as a technical resource, subject matter expert and back up for assigned Treasury activities. Supports the money movement and Treasury activities throughout the organization. Assists in the collection of financial data needed for the creation of valuable and insightful liquidity and leverage reporting. Works cross functionally to understand money movement and improve operations.

What you'll Do:

• Ensures accurate and timely execution of wire transfer and ACH transactions. Can resolve business area inquiries and issues with payments. Can solve general system issues.

• Responds to and investigates bank reconciliation open items. Develops and maintains an understanding of the business transactions and related accounting performed by administration and cash/client fund systems (e.g., cash disbursement system). Maintains working knowledge of the financial reconciliation system.

• Investigates and resolves complex client payment issues.

• Identifies potential enhancements to improve accuracy and efficiency and leads or assists in efforts to implement changes. Provides guidance to other division staff and the operating areas performing Treasury, control, and servicing activities.

• Demonstrates a deep understanding of bank fees used to support company activity. Provides insights to bank fees and collaborates with the cash manager on setting bank balances and facilitate data needs for Treasurer to maintain bank fee expenses.

• Understand and documents how data flows between systems and be able to bring it together in a comprehensive view.

• Responsible for gathering, cleaning, and analyzing data using standard tools like Excel and data visualization software, to generate insights and support informed decision-making within the organization, while learning advanced analytical techniques under guidance from senior team members

• Assists in the preparation of various Treasury dashboards.

What You'll Bring to the Role:

#LI-Hybrid, #LI-Onsite

Compensation Range:

Pay Range - End:

We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.

Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.

• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups