Bank Administration Analyst

About the Role

As a Bank Administration Analyst, Strategic Sourcing, you'll be part of the Corporate Treasury team working as a hybrid employee.

Responsibilities

• Supports the operational and administrative functions of the bank activities in North America
• Responsible for analyzing business processes, maintaining compliance with regulatory standards, preparing reports, and supporting management in decision-making
• Ensures efficient workflow, accurate documentation, and effective implementation of banking policies
• Maintain bank and merchant accounts by opening and closing accounts, modifying services, updating signers, and supporting treasury-related SOX compliance
• Coordinate and administer bank account Know-Your-Customer (KYC) documentation as it relates to bank regulatory and compliance requirements
• Administer and maintain online banking and credit card platforms
• Assist in administering annual PCI (Payment Card Industry) requirements
• Review monthly bank account analysis fees, validate charges, and address discrepancies in collaboration with bank representatives
• Liaise with banking partners to resolve day-to-day inquiries and in support of business initiatives in the US, Canada, and LATAM markets
• Support audits and regulatory examinations by providing requested documentation and analysis
• Ensure compliance with internal controls, policies and procedures
• Assist with daily cash management activities, including liquidity tracking, forecasting, and cash strategy execution

Qualifications

• Bachelor's degree in Business Administration, Finance, Economics, or related field
• 1–3 years of experience in banking, finance, or administrative analysis
• Strong analytical and problem-solving skills
• Excellent attention to detail and organizational abilities
• Proficiency in MS Office Suite; experience with banking software is a plus
• Good communication and interpersonal skills
• Ability to work independently and as part of a team

Benefits

• Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being
• Discounts on Stanley Black & Decker tools and other partner programs

Pay

The salary range for this position is $62,200.00 - $100,200.00. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements.

Schedule

Hybrid - New Britain, CT USA

Growth & Development

• Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths
• Learn: Have access to a wealth of learning resources, including our digital learning portal
• Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences
• Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices

This response is AI-generated, for reference only.