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Treasury Specialist

Company: MassMutual Wisconsin
Location: Springfield
Posted on: December 4, 2019

Job Description:

Do you want to be part of a team that encourages your growth, supports your ambitions and makes it a priority for you to reach your goals? Is helping people part of who you are? At MassMutual, we help millions of people find financial freedom, offer financial protection and plan for the future. We do this by building trust with our customers by being knowledgeable problem solvers and prioritize their needs above all else. We Live Mutual. Description Under direct supervision, responds to inquiries for information and ensures the smooth, efficient and accurate transfer of funds. Analyze, maintain and ensure accuracy of financial records and transactions by researching issues, and then updating/correcting records. Work with bank contacts to resolve issues. Reconcile differences between Company accounting records and bank records. Assist in the preparation of financial reports. Process ACH and wire transfers, expense payment requests, abandoned property items and check received. Typically an entry-level position with less than two years experience. Treasury Specialist -Treasury - Payments Team High Level Job Responsibilities - Monitor workflows in SAP and the Treasury Cash Control (TCC) system to ensure that systems are operating properly and batches are processed accurately and timely - Initiation, review and monitoring of wire transfers-foreign and USD - Assist and train internal clients regarding wire structure, approvals and wire transfer process - Provide wire status and confirmation information to clients (internal and external) - Enter wire transfers into various online banking platforms - Set up and maintain repetitive line codes at various banks - Communicate with banks and internal parties regarding wire transfer and ACH issues such as investigations, returns and/or delays in processing - Provide training and education to the TCC user community - Support Treasury Help Desk - Research ACH, Wire, Check and other TCC transactions and provide payment status or confirmations - Process returned items for ACH, Wires, and Checks - Manage check requests/check deposits/returned items for USD and foreign - Assist and back up other functions on the Cash Management team as needed - Participate and/or lead problem solving and process improvement projects. - May be required to work occasional overtime or some MassMutual holidays when banks are open Requirements, Qualifications and Prior Experience - Treasury and banking experience preferred 1-3 years - Wire transfer experience preferred. - SAP experience preferred - Accredited ACH Professional (AAP) certification a plus - Core Competencies: Business Acumen; Critical Thinking; Decision Making; Execution; Improvement & Innovation - Professional Competencies: Communication; Influence; Relationship Building - Industry Knowledge: Treasury, Banking - Excellent communication, organizational and analytical skills - Associate Degree in Accounting or Finance or two or more years of experience in banking or treasury services or finance. Why Join Us. Weve been around since 1851. During our history, weve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard. Recognized as a 2019 Worlds Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. Its more than our company structure its our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual. MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

Keywords: MassMutual Wisconsin, Springfield , Treasury Specialist, Accounting, Auditing , Springfield, Massachusetts

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