What are the responsibilities and job description for the Treasury Management Operations Analyst position at Farmers National Bank of Canfield?
Job Details
Description
SUMMARY: Under the general direction of the Director of Treasury Management, the position of Treasury Management Operations Analyst is responsible for a variety of regular and recurring moderately to highly complex operational and accounting functions to support treasury management operations. Additionally this position is responsible for, among other duties, the oversight of client audits, operational procedures and deposit products used by internal departments. This will include policy recommendations and preparation. In addition, this position will conduct post on-boarding audits of ACH, RDC, Wires and annual reviews. Complies with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:
Description
SUMMARY: Under the general direction of the Director of Treasury Management, the position of Treasury Management Operations Analyst is responsible for a variety of regular and recurring moderately to highly complex operational and accounting functions to support treasury management operations. Additionally this position is responsible for, among other duties, the oversight of client audits, operational procedures and deposit products used by internal departments. This will include policy recommendations and preparation. In addition, this position will conduct post on-boarding audits of ACH, RDC, Wires and annual reviews. Complies with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:
- Approval of all ACH, Remote Deposit (RDC) and Wire Transfer applications.
- Completion of all ACH, Remote Deposit (RDC) and Wire Transfer audits and reviews.
- Completion of all Third Party ACH Sender audits.
- Work with internal and external auditors on the TM solutions audit examinations during the year.
- Manage the Insured Cash Sweep (ICS) and Certificate of Deposit Account Registry Service (CDARS) offering.
- Review vendor contracts that pertain to the Treasury Management line of business with help of Treasury Management Operations and Support Manager and Director of Treasury Management.
- Be involved in the evaluation of any TM solution offering.
- Provide assistance to the BSA officer with monitoring alerts produced within the AML System to insure compliance with the Bank Secrecy Act and governmental regulations dealing with anti-terrorism, money laundering and bank security.
- Draft new procedures and provide updates to existing procedures as needed for streamlining operational functions.
- Annually review Treasury Management Policies, update and recommend changes when applicable.
- Assist the Treasury Management Operations and Support Manager in BIA Review and Disaster Recovery for Treasury Management.
- Assist the Treasury Management Operations and Support Manager in acquisitions and conversions.
- Manage the Bid Ohio, Ag Link and Grow Now account set up and redemption process.
- Review all DACA and DAISA agreements and set ups.
- Responsible for training in all areas of operations and provides backup for all areas of operations ensuring coverage as needed.
- Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
- Responsible for special projects as needed.
- Other duties as assigned.
- Bachelor's degree in Business Administration or Finance
- Minimum of three (3) years’ experience in Treasury Management or Commercial Lending
- Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
- Ability to clearly and effectively communicate both verbally and in writing
