Senior Connex Treasury Analyst - Remote

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Senior Treasury Connex Analyst is responsible for the Treasury functions for Connex. The incumbent will be the primary owner of daily cash position for the Connex bank accounts, analysis of cash, Connex daily/monthly cash position. The individual will assist the manager in providing guidance and managerial advice to the all levels of management regarding corporate cash and prefund strategies. They will be responsible for the daily booking of settlement entries and reviewing balance sheet accounts to ensure proper booking of settlement activities. They will be responsible for reviewing daily bank activity to ensure that there is adequate prefund and work with the team on making changes to factors throughout the year. Along with that, they will work with the Concourse system and data mine data, use reporting for the team to analyze, book any accounting entries/banking movement

• Manage, analyze, review, compile and create the daily, cash position for Connex platform.

• Suspense account reconciliation (bank/book) to ensure items are clearing.  Assist accounting in reconciling suspense accounts and ensure timely clearing.

• Manage and analyze the daily, monthly cash flow position for the purpose of assisting in the investing of excess strategy for the Connex platform to maximize investment yield while maintaining safety and soundness according to policies set by the Board of Directors.

• Ensuring accounting entries are recorded properly in accordance with GAAP.

• Daily prefund analysis to ensure we have adequate working capital for settlement.

• Assist with Concourse system integration, developing reporting to be utilized for forecasting passthroughs, interchange and other expenses.

• Audit -Treasury functions including general ledger posting, explanations and bank confirmations.

• Develop and maintain documentation of all processes within the Connex Treasury organization.

• Assist management leadership in closing general ledger on a monthly basis; research and resolve complex and critical issues involving departmental processes and procedures.

• Ensuring proper billing of pass-thru revenue and suspense account activity.

• Maintain Quality Assurance through review of procedures and practices, and execute process improvements to minimize financial liability.

• Interact professionally with Connex external/internal customers e.g.(Visa/MC/Star/NYCE/Pulse, FIs,) in order to continuously improve service standards and ongoing relations.

• Perform other duties as assigned.

Qualifications

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Tuition Reimbursement

• Wellness program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here.  For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [email protected] for assistance.