Responsible for the planning and execution of day-to-day and period-end Treasury activities including managing the
company’s banking relationships and activities, identifying cost-saving and profit maximizing opportunities and ensuring
compliance with company, department and audit standards to maximize the protection of the company’s cash assets.
Partners with the Treasurer and Assistant Treasurer to create the vision, strategy and standards by which the Treasury
department provides leadership and value to the organization. This critical role will report directly to the Senior Vice President of Finance and Accounting
HOW YOU'LL CONTRIBUTE
- Manage the company’s banking relationships, including negotiating interest rates and bank fees
- Manage the company’s banking activities, including the allocation of deposit balances and account structures
- Oversee the opening, closing and maintenance of bank accounts
- Develop reports to assist with monitoring and managing the company’s liquidity and key cash management operating metrics
- Lead and enhance internal processes to drive operational efficiency and to ensure compliance with internal policies, controls and procedures
- Ensure compliance with regulatory requirements
- Develop and monitor treasury operational policies
- Monitor and implement new bank technologies, products and services
- Identify opportunities and implement treasury-related business process improvements
- Support special projects and acquisitions
- Troubleshoot daily transaction issues
- Effectively work with and support internal business partners
- Lead treasury system implementations and associated projects, ensuring seamless integration with existing financial systems.
- Lead and mentor a high-performing treasury team, fostering a culture of accountability, collaboration, and continuous improvement.
- Collaborate with operational leaders and executives to provide financial insights and analysis that drive business performance.
- Design and implement robust processes and procedures to ensure business continuity and operational efficiency.
- Drive technology initiatives aimed at automating treasury operations, resulting in bottom line expense savings.
- Collaborate closely with finance and accounting teams on treasury-related economics, ensuring accurate analysis of actuals, forecasts, projections, and budgets.
- Utilize advanced Excel skills to create and maintain financial models, conduct cash flow analysis, and support decision-making processes.
- Analyze and interpret financial data to provide insights into liquidity and capital management and support strategic planning initiatives.
- Ensure compliance with investor and agency guidelines and standards, as well as familiarity with NACHA standards in the management of funds movements
WHAT YOU'LL BRING
Required Education, Experience, Certification/Licensure
Bachelor’s degree
- Advanced degree preferred
- 10+ years demonstrated experience
- Title, escrow, and banking industry experience preferred
- Experience managing and operating in a highly regulated environment
- CTP preferred
KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)
- Treasury knowledge
- Experience with or exposure to banking, title and escrow
- Knowledge of banking systems
- Excellent communication skills in dealing with internal and external customers and business partners
- Strong analytical, financial and system skills, including advanced MS Excel skills
- Proven track record of managing teams and fostering a collaborative work environment.
- Advanced proficiency in Excel, including financial modeling and forecasting techniques.
- Strong understanding of accounting principles, financial planning, and analysis
- Extensive experience with mortgage servicing software and familiarity with mortgage servicing funds movements and processes
- Knowledge of investor and agency guidelines and standards relevant to mortgage servicing operations.
- Familiarity with treasury management systems and NACHA standards for electronic payments.
Job Complexities
• Works on complex problems in which analysis of situations or data requires significant originality and an in-depth
evaluation of various factors
• Exercises extreme judgment within broadly defined practices and policies in selecting methods, techniques, and
evaluation criteria for obtaining results
• Transaction issues can vary and are typically time sensitive
Supervision Received or Extended
• Must be able to work independently and problem solve with little or no supervision
• Could potentially manage up to 5 direct reports
Impact
• Erroneous decisions could have a significant impact to the company’s financial position and operations due to the large
balance of deposits that are managed by the Treasury department
• Makes final decisions on administrative or operational matters and ensures operations’ achievement of objectives
• Responsible for decisions and activities that impact other departments and external customers
The pay range for this role is $131,800.00 - $175,750.00
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed.
What We OfferBy choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.Similar Jobs
What We Do
First American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The First American Family of Companies’ core business lines include title insurance and closing/settlement services; title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust, and investment advisory services.
First American Title Insurance Company provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, homebuilders and developers, title agencies and legal professionals to facilitate real estate purchases, construction, refinances or equity loans.
First American's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate.
As one of the largest title insurance companies in the nation, First American offers title insurance and settlement services through its direct operations and an extensive network of agents throughout the United States and internationally.
First American Title Insurance Company traces its history to 1889 and is the largest subsidiary of First American Financial Corporation (NYSE: FAF).
