Treasury Specialist

The Fay Group originated in 2008, is a full-scale real estate services company that offers mortgage servicing, property renovations, business purpose lending, insurance, and more to homeowners, investors, and clients nationwide. Fay handles a wide range of mortgage loan solutions for prospective homeowners with varying credit histories and also offers to refinance for existing mortgages.

The Fay Group is made up of separate business units offering a complete range of home ownership products and services that provide customers with solutions to navigate the challenges of home ownership while helping them build toward their long-term financial goals. We consider the people behind those mortgages and work hard to give them the best chance possible to stay in their homes.

Fay Cares!

The Fay-Constructive Foundation was established to fulfill the philanthropic mission of The Fay Group employees to serve the communities in which they live and work. Over 80% of employees across Fay, Constructive, and GenStone affiliate companies make voluntary contributions to the Foundation. Each quarter, their contributions are donated to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.

Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for a Treasury Specialist to join our team.

Reporting to the Director, Treasury, this position is responsible for supporting the daily treasury operations and banking functions, including processing funds transfers, opening/closing bank accounts, analyzing bank charges, researching exception items, tracking department activity, and preparing related reports.

This role is responsible for transferring daily advances from operating accounts to client custodial accounts and recovering funds back to operating accounts to meet cash requirements and avoid overdrafts. Additionally, this position collaborates with bank representatives and internal parties, while coordinating work with other Treasury team members.

What you will do for Fay:

• Monitor and download daily bank balances, review and analyze trends to ensure overdraft fees are avoided
• Validate wiring instructions by telephone and prepare online wire transfers, ACH transactions, and other fund transfers
• Partner with the Director, Treasury Operations, and Chief Accounting Officer to open and close bank accounts
• Assist internal users with setup and perform training on banking systems
• Communicate with bank representatives to resolve issues and special requests
• Monitor the Treasury email account and respond to requests in a timely manner
• Recover funds advanced from operating accounts
• Download bank statements and perform analysis of bank charges; partner with accountants and other team members to research and resolve bank reconciliation items, positive pay items, and other exceptions/ issues
• Review aged checks and assist in resolution as needed
• Record and document all activity in logs and tracking schedules
• Prepare monthly, quarterly, and annual reports for senior management
• Manage confidential and non-routine information; exercise strong judgment to ensure appropriate escalation and/ or review; articulate and explain Fay policies and/ or protocols as directed
• Develop and document standard processes for routine activities; surface ideas and solutions for process improvement
• Develop domain knowledge of Fay’s business to include an understanding of organizational objectives
• Develop positive working relationships within the team and across the organization
• Ensure compliance with Fay’s policies, processes, and practices. Successfully complete all department and company-required training
• Model Fay’s Values, Operating Principles, ethical standards, professionalism and code of conduct
• Demonstrate behaviors that align with Fay's Values and Operating Principles
• Perform other duties and responsibilities as assigned
  
  

What you will bring to Fay:

• Bachelor’s degree in Finance, Accounting, Business, or related field (or equivalent combination of years of experience with High School diploma/GED)
• 1 years’ experience in treasury operations, corporate banking, or a related finance function
• Solid understanding of bank account management, cash management, and treasury operations
• Proficiency with financial systems and bank account management platforms; experience with ERP systems preferred
• Solid skills and experience in MS Word, Excel, and Outlook
• Strong verbal and written communication skills
• Strong interpersonal skills
• Strong analytical skills
• Solid decision-making abilities coupled with sound judgment
• Strong time management skills
• Ability to prioritize numerous tasks and manage shifting priorities
• Client-focused with strong execution skills and results orientation
• High level of precision with attention to detail and consistency
• Flexible, open to change, ability to learn new things quickly
• Ability to work in a collaborative environment and provide guidance for working groups
  
  

Equity and Inclusion are embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify. E-Verify is a registered trademark of the U.S. Department of Homeland Security.