Fiserv Manager, Treasury in Alpharetta, Georgia
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We’re looking for the best and the brightest to join our global team of professionals, so if you’re seeking an environment where leadership, collaboration and innovation are valued, and career development is important to you, you’re in the right place.
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About the Role:
As a Treasury Manager at Fiserv, you will manage three team members responsible for cash, debt, and capital market activities. Team members gain exposure to all areas within Treasury with the objective of building talent, expanding knowledge of Fiserv’s treasury operations and payments businesses, and creating career paths within Treasury and other parts of the organization. In addition to regular responsibilities, the candidate’s role includes management of projects and initiatives, depending upon circumstances, and requires effective collaboration with various functions to ensure business continuity.
About our Department:
The Treasury Department is located in Alpharetta, Georgia. Treasury manages and oversees Fiserv’s bank relationships, payments processing transactions and activity, cash and working capital requirements, debt financing, capital markets, share repurchase initiatives, hedging programs, investments, equipment leasing, and various other activities.
Reports To: Director, Treasury
Essential Job Responsibilities:
CASH & WORKING CAPITAL MANAGEMENT
Manages operational working capital and settlement requirements
Monitors cash position and cash flow forecasts, performs financial modeling that links cash activities to the financial statements and general ledger
Addresses file transmissions issues involving payment files, positive pay, bank file uploads and downloads, fraud filter debit blocks, etc., with business units and banks
Acts as liaison to Accounting and business units to ensure all cash activity is recorded appropriately on the general ledger
Develops, maintains, updates, creates and enhances bank account structure and funds flow diagrams
Evaluates, develops and implements cash management software and systems to optimize efficiencies
Conducts audits of bank portal users and points of access to ensure old users are removed from the system
Oversees online bank system administration including establishing user access, resolving system related issues, and approving new users
Provides support for all treasury management activities including setting cash, executing wire transfers, opening and closing bank accounts, and securing new services
BANK RELATIONSHIP MANAGEMENT
Manages relationships with financial institution service providers and ensures expectations are managed
Develops and maintains scorecards to evaluate services provided by each financial institution
Understands the overall relationships that exist between Fiserv and key banking providers
Maintains financial institution business overview summaries and opportunities
Handles KYC, BSA, CIP, and Patriot Act matters with financial institutions
Acts as an advocate to the business on new payments products and services initiatives
Maintains current knowledge of Fiserv’s payments business and payments processing infrastructure
Understands the payment infrastructure, executes plans to establishes redundancies that mitigate risk, analyzes cost-effectiveness of dual providers, and identifies ready now providers
Creates funds flow diagrams for payments businesses and ensures diagrams remain current
Ensures payments businesses comply with NACHA Rules and other regulatory requirements
Communicates announcements that affect payments businesses to proper parties
Provides advice and expertise regarding payment processing to the banks and the business
Performs evaluations to ensure compliance with Third Party Sender Arrangements
Understands the stipulations within the Master Agreements that govern payment processing infrastructure including events of default, remedies, and termination language
Updates and ensures ancillary documents remain current
Maintains knowledge of regulatory bodies (i.e., OCC, OFAC, CFPB, etc.) and laws, rules, and regulations that affect the payments business (i.e., KYC, AML, OFAC, NACHA, Fed, etc.)
Maintains a working knowledge of industry trends and the competitive landscape
Creates, maintains and modifies blueprints and architecture of underlying Dashboards
Manages the daily Treasury Dashboards, ensures Dashboards function properly and are accurate, and takes steps to modify as needed
Collaborates with Corporate Systems to resolve technical issues and to streamline manual reporting and tasks
BANK FEE ANALYSIS
Analyzes monthly account analysis statements, leveraging bank fee software, identifies volume and price trends, billing errors, and opportunities to reduce costs
Maximizes efficiency of bank account structure and prepares cost-benefit analyses of fees versus structure
Drives special projects and takes a proactive approach to streamlining processes, reducing costs and monitoring performance, including expense reduction, bank fee and transaction volume analysis, etc.
Trades securities and ensures trades are properly documented and adhere to procedures
Prepares analyses for various investment alternatives
Understands market trends, liquidity requirements, asset classes, duration, counterparty risk and other underlying properties and characteristics of securities.
Ensures investments are in compliance with Policy requirements and updates Investment Policies
Manages investment software, upgrades, and all month end close responsibilities
MERGERS, ACQUISITIONS, & DIVESTITURES
Executes plans and develops checklists for Mergers, Acquisitions, and Divestitures
Provides technical and other support for mergers and acquisitions and other projects as needed
Coordinates the integration/divestiture of acquisitions and dispositions
Manage, direct, and develop staff and builds bench strength of Treasury Department
Advocates on behalf of the Treasury Department and Fiserv
Leverages peer relationships, market statistics, and industry data to deliver market insights to the business
Executes and deploys improvements and enhancements to the Department’s Performance Dashboard, KPIs, and Benchmarking
Recommends and implements the appropriate Treasury / Payments / Accounting Policies and Procedures that streamline, automate, and simplify existing processes
Interfaces with various Departments within Fiserv and ensures compliance with Policies and Procedures
Creates, maintains, and updates Treasury Manuals, Policies, Procedures, and processes for current practices
Creates, updates, and maintains Disaster Recovery Plans including BIA and ensures plans are executable and current
Produces and enhances the professionalism of communication materials
Performs various other duties and projects as assigned
/The above statements are intended only to describe the general nature of the job, and should not be construed as an all-inclusive list of position responsibilities./
The ideal candidate will hold a Bachelor’s degree in Finance, Accounting, Economics or related discipline
6+ years of experience (minimum 4 years of Treasury experience)
Must be self-driven and personally accountable with the ability to lead change and navigate the organization
CPA, CTP, AAP, or other financial certifications
Previous experience in a similar role at a public company within the payments industry and knowledge of back-end bank processing systems is strongly preferred, as is working knowledge and understanding of banking products and services and participating in or managing projects. Proficiency in Visio, SharePoint, SAP, Adobe Pro, Lease Accelerator, Bloomberg, PAM, Weiland BA Web and/or BRM Edge is desired.
Fiserv is an Equal Opportunity Employer/Disability/Vet. Visit http://www.careers.fiserv.com/eeo for more information.