Treasury Specialist IV - "Banking Analyst"

MD State Treasurers Office
Annapolis, MD
May 17, 2018
May 21, 2018
Full Time
Treasury Specialist IV - Banking Analyst Hiring Salary $41,358 - $53,431 Grade 15 (Growth potential up to $65,827 Salary rules apply for State Employees) Recruitment # 18-002746-0001 Closing Date: May 18, 2018 The primary mission of the State Treasurer's Office Banking Services department is to manage and control banking relationships for all banking needs for the entire State of Maryland, and to anticipate State agency needs and respond timely to State agency requests. Its primary function is the accurate and timely recordation of State funds, and the reconciliation of the State's bank accounts to the State's internal accounting system. The Treasury Management-Banking Services team is seeking an individual with hands-on experience in check disbursements, bank account analysis and electronic funds transfer processing. The primary purpose of this position is to control the reissuance or recovery of unpresented and undeliverable checks for the State of Maryland. Since 2004, the Undeliverable Check Fund has had over $46.8 Million in activity. The current balance in the fund is over $1.3 Million. Since 2004, the Unpresented Check Fund has had over $128.0 Million in activity. The current balance in the fund is over $10.1 Million. This position will review, reconcile and pay the account analysis fees for all bank accounts managed by the Treasurer's Office for the State of Maryland. The position will make sure that fees charged by the banks agree with the contracted pricing structure, ensure timely payment of the fees and make recommendations for corrective action based on analysis. This position will process over $2.4 Million in bank fees. This position also serves as the primary back-up for the department's Electronic Funds Transfer (EFT) Specialist, who monitors all electronic funds transfers (over $46.6 Billion in Fiscal Year 2017) into and out of the State of Maryland's main disbursement and depository accounts. Additionally, the EFT Specialist manages and processes the drawdown of federal grant money (over $10.3 Billion in Fiscal Year 2017) for numerous assigned State agencies and various agency programs across the State. MINIMUM QUALIFICATIONS: Education: Possession of a bachelor's degree from an accredited four-year college or university including or supplemented by at least 18 credit hours in accounting, business administration or equivalent subject. Experience: Four years of employment in responsible public administration, business administration, office management and/or accounting or auditing, one year of which must have been in work concerning accounting or investment securities experience. OR Education: Graduation from a standard high school, including or supplemented by 18 credit hours in business administration, accounting, or equivalent subject. Experience: Eight years of experience as defined above. At least one year of the experience must have been in work concerning accounting or investment securities experience. SELECTIVE QUALIFICATIONS (Applicants must meet the selective qualifications to be considered): 1) Two years of the required experience must be in a banking operations and/or corporate accounting environment reconciling in-house and client accounts to a general ledger, analyzing reports & financial trends, or similar financial management experience. 2) One year of the required experience must be specifically in back office processing of electronic funds transfers (eg ACH transactions including vendor payments, direct deposit, etc. and outgoing/incoming wire transfers including Fedwire and CHIPS). Preferred Qualifications (Strong Preference will be given to applicants that possess the following): Experience in back office commercial banking operationsExperience in commercial bank account analysisAdvanced Excel skills (such as working with complex formulas, linked spreadsheets, V-Lookup, and Excel reporting using graphs and macros), Access and WordExperience initiating wires to foreign countries. Special Requirements: All candidates will be subject to a background investigation including criminal and credit history. Please include a copy of your resume with your application. Electronic application is STRONGLY preferred. If you do not have access to a computer, you may fax your resume to 410-260-4090 or mail to MD State Treasurer's Office, Human Resources, 80 Calvert Street, Room 109, Annapolis, MD 21401. As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity. The Baltimore Sun . Category: , Keywords: Treasurer0

Similar jobs