Gtreasury - Assistant Vice President
Why the role is important
As a Gtreasury AVP, you will play a crucial role in managing our treasury operations efficiently, with a focus on utilizing the Gtreasury platform for testing, implementation, and optimization. Your responsibilities will include Gtreasury cloud testing, account setup, and ensuring adherence to Fedwire instructions. By leveraging your expertise in treasury operations and Gtreasury functionality, you will contribute to enhancing our treasury management processes and supporting our strategic financial objectives.
What you will be responsible fo
Gtreasury Cloud Testing:
• Lead testing efforts for Gtreasury cloud updates, enhancements, and new features to ensure system functionality and performance.
• Develop and execute test plans, scenarios, and scripts to validate Gtreasury system functionality across different modules.
• Collaborate with internal stakeholders and Gtreasury support teams to troubleshoot and resolve any issues identified during testing. Account Setup and Maintenance:
• Coordinate the setup and maintenance of bank accounts, including gathering required documentation and obtaining necessary approvals.
• Ensure compliance with internal policies and regulatory requirements for bank account openings and closures.
• Manage bank account signatories and authorities in accordance with established procedures. Fedwire Instructions and Payment Processing:
• Create and maintain Fedwire instructions for outgoing wire transfers, ensuring accuracy and compliance with regulatory requirements.
• Process outgoing payments via Fedwire and other payment systems in a timely and accurate manner.
• Monitor and reconcile bank statements and transaction reports to ensure proper recording of treasury transactions. Treasury Operations Support:
• Provide operational support for treasury functions, including cash management, liquidity forecasting, and risk management.
• Assist in the development and implementation of treasury policies, procedures, and controls.
• Collaborate with cross-functional teams to streamline treasury processes and improve operational efficiency. Documentation and Training:
• Prepare and maintain documentation related to Gtreasury system configurations, workflows, and user guides.
• Conduct training sessions for end-users on Gtreasury functionality, best practices, and system updates.
• Serve as a subject matter expert and resource for internal teams on Gtreasury-related inquiries and issues.
Education & Preferred Qualifications
• Bachelor's degree in Finance, Accounting, or related field; Master's degree or professional certification (e.g., CTP, CFA) is a plus.
• X years of experience in treasury operations, with a strong understanding of treasury management systems, preferably Gtreasury.
• Experience in Gtreasury cloud testing and familiarity with testing methodologies and tools.
• Knowledge of Fedwire payment processing and experience with creating and managing Fedwire instructions.
• Excellent analytical skills with a keen attention to detail and accuracy.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across departments and with external partners.
• Proficiency in Microsoft Excel and other financial software applications.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse
backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$100,000 - $160,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
