Treasury Specialist
About WebBank
WebBank (the “Bank”) is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners and Security Premium Finance, a wholly owned subsidiary of National Partners.
Job Summary
In this Entry level position, you will play a pivotal role as a team player in our daily settlement processes. Daily settlement processes include updating strategic partner tracking sheets, preparing funding requests, and inputting wire/ACH transfers. While you will assist with strategic partner communications, no day is like the other and you will frequently be asked to perform ad-hoc analysis in Excel. You should be willing to troubleshoot and investigate outages, collaborating with other parts of WebBank’s finance team.
Primary Responsibilities
You Will:
- Assist in processing daily wires, ACHs, book transfers;
- Maintain and update treasury cash management policies;
- Assist in resolving any ACH related inquiries from customers, partners, and banks;
- Interact with Treasury Manager and Controller on daily basis and assist on special projects.
Qualifications
You Have:
- Associate degree
- Advanced Excel skills
- Computer skills with Excel and other MS Office software required
- Must be organized, and have the ability to multi-task
- Must be detail-oriented
- Strong interpersonal skills, must be comfortable working within a team environment
- Excellent communication and negotiation skills to communicate effectively across a broad base including internal customers, external customers, and executive management.
Company Perks (Full Time Only)
You Get:
- Flexible work options – Flexible work-from-home opportunities and other hybrid workplace options are available
- Paid Time Off (PTO) - Generous paid time off plus paid parental leave
- Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
- 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
- Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
- Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year
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