Treasury Associate

Treasury Associate - IN-4

Treasury Associate - IN
The Associate will be managing bank system administrator for various banks, processing and tracking of bank fees against budget, Maintain Banking relationships, managing bank accounts operations and completing KYC requirements with various banks.

Key Responsibilities and Duties

• To handle the cash movements, payments, user interface and manage TMS
• Creating payment templates (line codes) in treasury system
• Under moderate supervision, this job performs a variety of treasury related activities and standards to ensure that the company is in compliance with all relevant regulations, laws, and reporting requirements

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2+ Years Required; 3+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC

KEY RESPONSIBILITIES

Treasury Operations & Wire Management

• Process outgoing domestic and international wire transfers, including wire setup, error/reject resolution, and systematic processing
• Execute daily corporate cash management operations for TIAA subsidiaries and affiliates
• Handle Global wire releases/returns and specialized payment processing
• Oversee end-of-day (EOD) operations, wire releases, and daily reconciliations
• Manage death overpayment processing and bank report management

Reconciliation & General Ledger Management

• Perform daily reconciliations and GL entries within established SLA requirements
• Execute variance and reconciliation analysis for cash management operations
• Prepare daily treasury management activities including required reports, metrics, and ad hoc analysis
• Support preparation of long-term liquidity forecasts and excess/shortfall cash positions

Banking & ACH Operations

• Handle lockbox processing, return items, ACH confirmations, rejects, and loan processing
• Execute day-to-day bank management strategy including account management service tickets, bank fee analysis, and bank system administration
• Manage bank system administrator functions for various banking partners
• Process and track bank fees against budget and maintain banking relationships
• Complete KYC requirements with various banks and manage bank account operations

REQUIRED QUALIFICATIONS

Education

• MBA (Finance) or M.Com (Master of Commerce) required
• Bachelor's degree in Accounting, Finance, Banking, or related field accepted with relevant experience

Experience

• 5-7 years total experience in financial services, banking, or operations
• 2-4 years of direct experience in Treasury operations, banking operations, or financial services
• 2-3 years' prior experience managing Treasury functions preferred

Technical Skills & Knowledge

• Advanced knowledge of wire processing systems (domestic and international)
• Proficiency in reconciliation systems and general ledger processes
• Strong understanding of cash and liquidity management concepts
• Knowledge of global payment systems and ACH operations
• Experience with Treasury Management Systems (TMS) and banking platforms
• Proficiency in bank system administration and account management
• Strong Microsoft Excel and PowerPoint skills for analysis and presentation

Shift Requirement

• Flexibility to work night shifts to support US business hours

Related SkillsAccountability, Business Acumen, Cash Management, Financial Acumen, Financial Analysis, Financial Forecasting, Financial Modeling, Financial Risk Management, TIAA Products/Services Acumen, Transaction Processing, Treasury

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Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

 
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.

Experience Level

Mid Level