Treasury Operations Specialist

Role Overview

• Maintain and administer Navient Education Loan Trusts based on underlying trust agreements
• Prepare facility and trust reports, confirm payments with external counterparts, and initiate payments with paying agent banks
• Coordinate with Structured Finance on loan purchase and sale schedules, supporting funding activity and communicating with the Cash Desk on related cash flow
• Prepare advance borrowing and permitted release requests to conduit banks, including post-settlement reporting and wire payment for post-settlement funding
• Verify trust cash activity, ensuring payment accuracy and resolving exceptions
• Perform daily cash management functions, including bank balance reporting, presentment, and concentration reports
• Process check requests from Accounts Payable, deposit checks using a remote scanner, and manage the Cash Management resource mailbox
• Administer the opening and closing of bank accounts and prepare monthly bank analysis fees for multiple banks
• Manage daily margin calls for corporate and trust swaps, including overseeing cleared swap movements
• Monitor credit rate changes and assess their impact on collateral positions within ISDA contracts
• Execute and reconcile scheduled payments, administer overrides, and prepare month-end reports for accounting and audit purposes
• Ensure successful processing of daily bank files and review prior-day bank data for accuracy
• Analyze daily cash positions, confirm investment and money market trades, and monitor cash inflows and outflows for Navient Corp
• Work on special projects as assigned
• Cross-train with team members for coverage and professional development

Requirements

• Bachelor’s Degree
• Business related field, preferably Finance
• 0-1 year of experience within the Business or Finance field required
• Familiarity with Treasury operations and the banking industry is helpful
• Strong analytical skills with the ability to make informed financial decisions
• Proficiency in financial systems and tools
• Excellent communication and interpersonal skills
• Detail-oriented and capable of managing multiple tasks efficiently
• Demonstrated ability to work independently and collaboratively in a team environment
• Knowledge of relevant financial regulations and industry best practices.

Benefits

• Generous PTO program
• Robust e-learning platform
• Employee Stock Purchase Plan
• Competitive 401(k) match
• HSA options