Cash Management Analyst/Trader

TTSTC- Cash Management Analyst/Trader (00047179)

Organization: TREASURY SAFEKEEPING TRUST COMPANY

Primary Location: Texas-Austin

Work Locations: Thomas J Rusk Building 200 East 10th Street  Austin 78701

Job: Sales and Sales Related

Employee Status: Regular

Schedule: Full-time

Standard Hours Per Week: 40.00

Travel: Yes, 5 % of the Time

State Job Code: 1161 1162 1163

Salary Admin Plan: B

Grade: 25 B27 B29

Salary (Pay Basis): 6,667.00 - 12,500.00 (Monthly)

Number of Openings: 1

Overtime Status: Exempt

Job Posting: Apr 14, 2025, 2:57:48 PM

Closing Date: Ongoing

Applications must be filed at

https://capps.taleo.net/careersection/ex/jobdetail.ftl?job=00047179

Please note that this job posting can be closed without notice and earlier than the closing date indicated in the posting if a suitable candidate is found. We encourage applicants to submit and complete the application promptly.

Are you ready to grow, make a positive impact? If you are seeking to gain knowledge, build your career, and network among goal-oriented professionals, this is the place for you!

Innovation, collaboration, and a commitment to excellence best describes the culture here at the Comptroller’s Office. We take pride in the work we do serving as Texas' accountant, tax collector, treasurer, and much more! The Comptroller’s office serves virtually every citizen in the state. As Texas’ chief tax collector, accountant, revenue estimator, treasurer and purchasing manager, the agency is responsible for writing the checks and keeping the books for the multi-billion-dollar business of state government.

Our agency workforce is as diverse as the people of Texas we serve. We value our employees and take very seriously our collective commitment to public service.  Personal development opportunities are strongly encouraged through available workshops, teambuilding exercises, and on the job training. We offer flexible scheduling that helps employees maintain a healthy work-life balance.

Click here to see an inside look at the Texas Comptroller’s office!

About TTSTC

The Texas Treasury Safekeeping Trust Company (TTSTC) is a special-purpose entity that manages, safeguards, and invests public funds and securities belonging to the state of Texas, its agencies and local political subdivisions of the state. TTSTC’s special-purpose entity status provides the Comptroller’s office direct access to specialized investment services and programs enabling the Comptroller to achieve the highest return at the lowest cost to the state.

General description

Join the Texas Treasury Safekeeping Trust Company as a Cash Management Analyst/ Trader! The Cash Management Analyst/Cash Trader will work with a close-knit team in the Internal Investments division supporting the management of the Trust’s Treasury Pool portfolio. This critical position is responsible for evaluating and managing daily liquidity and investment of excess cash in repurchase agreements and other money market instruments. The role requires exceptional attention to detail and the ability to self-review work thoroughly to effectively function independently, make decisions with minimal supervision and take ownership of key trading and cash management responsibilities.  The ideal candidate is highly analytical, detail oriented and exhibits a proactive approach ensuring consistent, accurate and reliable results.

Work Hours

Agency standard work hours are Monday through Friday from 8am to 5pm, 40 hours per week with occasional evening and weekend hours. Hours are subject to change based upon business need or division determination.

This position may be eligible for a flexible/hybrid work schedule if certain conditions are met; working arrangements may change at any time as business necessitates.

Trader I(B25): $6,667- $8,334

Trader II(B27): $8,334- $10,417

Trader III(B29): $10,417-$12,500

Minimum Qualifications

·        Graduation from an accredited college or university with a bachelor’s degree.

·        Experience in cash management, fixed income analysis, trading, or investment

o   Trader I- General experience

o   Trader II- Three (3) years of full-time experience

o   Trader III- Five (5) years of full-time experience

Preferred Qualifications

• Graduation from an accredited college or university with major coursework in business administration, finance, accounting, economics or a related field.
• Experience in an institutional investment environment.
• Current participation in the Chartered Financial Analyst (CFA) program or CFA designation.

LICENSES / CERTIFICATIONS

Working toward CFA certification is preferred

SUMMARY OF PHYSICAL REQUIREMENTS

Employees are required to use their personal mobile phones as a part of 2 factor/multi factor authentication for accessing CPA systems securely. You will also receive critical/emergency calls/texts on your cell phone to ensure immediate communication.

In this role you will

Trading and Market Activity

• Manage daily cash transactions in repurchase agreements and mutual funds
• Monitor the market for relative value opportunities in money market instruments (commercial paper, discount notes, treasury bills, etc.) and make trade recommendations to portfolio manager
• Execute securities trades consistent with the investment policy and overall investment strategy ensuring best execution practices are followed
• Establish and maintain strong working relationships with various internal departments and with the dealer community
• Collaborate with appropriate internal and external teams to ensure smooth trade execution and settlement 
• Stay updated on macroeconomic developments, central bank policies, and market trends  
• Perform related work and projects as assigned

Cash and Liquidity Management

• Forecast and analyze cash flows to ensure ample liquidity is maintained to meet daily and future obligations
• Prepare and analyze cash and treasury reports, including cash position, liquidity metrics, variance analyses and short / long term cash flow forecasts
• Collaborate with treasury and accounting teams to forecast and manage liquidity requirements
• Maintain an efficient balance between liquidity buffers and investment strategies, ensuring compliance with investment policies and procedures
• Maintain accurate records for internal and external audits

System and Process Improvement

• Leverage trading and cash management systems to enhance reporting and analysis capabilities.
• Identify opportunities to automate and streamline processes.
• Work closely with finance, accounting, IT and operations teams to align trading and cash management activities with best practices

Knowledge of:

• Investment concepts, terminology, strategies
• Fixed income market fundamentals, analytics, and trading
• Bloomberg and other investment management systems

Skills in:

• Advanced Excel skills
• Strong research and analysis skills
• Excellent verbal and written communication skills
• Excellent organizational and time management skills

Ability to:

• Organize and prioritize competing demands
• Pay high attention to detail and accuracy
• Work independently and as part of a team
• Adapt quickly and learn new tasks independently

Maximize Your Earnings!

At the Comptroller's office, we know potential employees are looking for more than just a paycheck. The agency offers a strong benefits package for you and your family. Insurance, retirement plans, and a flexible work schedule are just the start. See our benefits offering

If you are seeking to gain knowledge, build your career, and network among goal-oriented professionals, this is the place for you!

Important Note to the Candidate:

Salary is contingent upon qualifications. If you are scheduled for an interview and require any reasonable accommodation in our interview process, please inform the hiring representative who calls you to schedule your interview. Whenever possible, please give the hiring representative sufficient time to consider and respond to your request.