Job Information
Foresight Financial Group Treasury Management Operations Specialist in Winnebago, Illinois
This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12262078
Organization Overview:
Foresight Financial Group, Inc., an Illinois corporation founded in 1986, is a bank holding company established under the Federal Reserve with fifteen offices in the Northern Illinois counties of Winnebago, Stephenson and Kankakee. Holdings of the Foresight Financial Group, Inc. include German American State Bank located in German Valley, Pecatonica, Seward and Winnebago; State Bank of Davis located in Davis and Kankakee; State Bank located in Freeport; Lena State Bank located in Lena; Northwest Bank located in Rockford, Loves Park and Machesney Park; and State Bank of Herscher located in Herscher and Kankakee.
Position Summary:
The Treasury Management Operations Specialist is responsible for providing accurate and timely processing of assigned tasks and ensuring that exceptional support is provided to the banks for Treasury Management services. They work jointly with the FFG Treasury Management Officer to ensure proper implementation of all contracted treasury services.
Primary Responsibilities:
- Perform daily treasury management operations as requests for cash management services are received via the ticketing system.
- Enter pricing into subsidiarys account analysis system per the banks policy or approved exception.
- Provide data and assist as needed with preparation of the annual electronic banking risk assessment for approval.
- Responsible for the annual treasury management review process including limit review for approval including ACH, wire, remote and mobile deposit; prepare, send, and track completion and return of required documents.
- Possess required knowledge of Regulation E and NACHA rules relating to unauthorized transactions.
- Provide backup to other Deposit Shared Services departments as needed.
- Assist with the development and implementation of necessary training and operational support programs for subsidiary banks and other operational groups as identified.
- Assist with corporate and departmental projects as assigned.
- Assist with gathering and reviewing related audit documentation, copies and reports as requested.
- Identify and update all associated job aids when changes in process or policy occur and communicating these changes to the team.
- Maintain strict confidentiality of all customer records and personal information.
- Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
- Perform other such duties as assigned.
Competencies:
Customer Service: Advanced ability to fulfill the needs of internal and external customers by anticipating their needs and delivering timely and accurate communication and follow through.
Organizational: Focus, plan, and prioritize work in a systematic way to complete tasks and projects.
Communicator: Effective written and oral communication skills.
Analytical Thinking: Strong analytical skills including the ability to address situations by using a logical, systematic, sequential approach.
Technical: Advanced working knowledge from user perspective of electronic banking applications. Understanding of NACHA Operating Rules. Fluency in Microsoft Word and Excel.
Performance Standards:
Successful exams and audits without significant findings.
Satisfactory or greater ratings on annual department SLA surveys.
Performance Weightings:
40% Competencies
60% Position Performance Standards and Personal Goals
Qualifications:
HS Diploma or equivalent required. Minimum 3 years working in banking including 1 year experience with payment processing, Jack Henry core platform preferred. Knowledge of Regulation E and NACHA guidelines. Self-user and promoter of electronic banking products.