Treasury Operations supports all associated organizations. The department handles the daily investments of all available funds, monitors cash flow, funds disbursements, and prepares daily, weekly and monthly reports summarizing investment results. The department develops and monitors the investment income and expense budget as well as bank service fees, and line of credit facilities, including funding requirements. The department also handles the deposit of cash receipts, the sorting and mailing of general fund disbursements, and monitoring drafts issued to transfer agents as payments of their fees for securities transfers. The department provides cash flow/financial controls, and investment options for new project management initiatives.
Assists the Cash Management area of Treasury
Responsible for all source documentation supporting investments and funds transfers.
Determine, calculate and invests daily funds by contacting counterparty banks and broker-dealers.
Assures adequate collateralization to satisfy the corporation investment policy.
Perform the functional requirements for receipts, disbursement and custody of cash and securities for DTCC and its subsidiaries.
Process foreign exchange contracts.
Conduct/Review daily reconciliations of cash activity.
Perform/Review the functional requirements for receipts, disbursement and custody of cash and securities for DTCC and its subsidiaries.
Prepare, review and distribute daily, weekly and monthly reports.
Notify management of potential or actual risk situations.
Assist, when needed, in other Treasury functions and special projects.
Ability to work with little direction.
5 – 7 years + Treasury / Cash management experience or equivalent
Strong analytical, problem solving and communication skills
Ability to control multiple tasks within a strict timeframe
High degree of accuracy and attention to detail
Ability to work with all levels of internal and external management
Strong organizational skills
Understanding of cash flow, investment process and the settlement system
Proficient in Microsoft Excel, Access and Word
Education, Training or Certification
Degree in Accounting/Finance/Economics
The Depository Trust & Clearing Corporation - 4 years ago