Sr Treasury Associate

Apply by eMail:do_not_reply@invalidemail.com

Description:
The Bank Relations Unit is part of the Treasurer's Department and is primarily responsible for managing bank relations, vendor management, consulting on credit arrangements, validation and payment of bank fees, negotiation of Treasury related bank agreements and monitoring of compliance processes.      The position responsibilities supporting bank relationships include: §  Ownership and management of the vendor engagement profile for assigned relationships §  Liaising between banks and businesses on bank servicing issues and opportunities, along with administration of monthly scorecard process §  Periodically collecting bank relationship information from various sources   §  Administration of credit related reporting requirements, payments and ad-hoc support to management on credit related initiatives §  Fielding information requests from internal sources and financial institutions with regard to financial information or compensation information §  Acting as project lead (as needed) for projected assigned to the Bank Relations Unit   §  Developing a thorough working knowledge of the bank compensation process and applications used in order to complete assigned bank payments (i.e. Weiland, ORACLE, CHARMS) §  Preparing payment packages for authorization, perform payment processing, voucher processing, and monthly accrual processing §  Performing trend analysis upon request or proactively based on identified issues §  Utilizing available systems to provide analysis to management and create reports to summarize payment trends, variance information and service satisfaction §  Documenting processes and updating procedures as necessary §  Continuously identifying areas for improvement within the bank relationship function   This position requires standard business hours with possible mandatory overtime.  Additional responsibilities will depend largely on the candidate's background, skills, experience and performance. While the individual will initially have the responsibilities described above, there may also be the opportunity for exposure to work in other aspects of the Bank Relations Unit and/or Corporate Banking.   In accordance with the Treasurer's policies, any candidate selected for this position will be required to submit to an extensive background and credit check. Failure to comply will eliminate a candidate from consideration for this position. In addition, any negative information obtained as a result of the background screening may result in the disqualification of the candidate from this and any other position in Prudential Financial including their current one if they are an internal applicant.

Prudential and its affiliates, Newark, New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce.

Apply by eMail:do_not_reply@invalidemail.com

Job Created: Sat Oct 31 2009 07:11:42 AM
Last Modified: Sat Nov 21 2009 07:22:47 AM