Director, Treasury Reconciliation

Founded in 1988, Trimont is a specialized global commercial real estate loan services provider and partner for lenders and investors. We empower our people with advanced technology, industry-leading knowledge, and a culture centered on core values to deliver exceptional client service and build lasting relationships.

About the role

The Director of Treasury Reconciliation holds a critical leadership role in assisting with the management of the Reconciliation team, dedicated to fund verification and ensuring accurate and timely remittance payments to clients. This position requires unwavering attention to detail and a steadfast dedication to maintaining financial integrity. The Director reports to the Senior Director of Treasury Reconciliation and is responsible for cultivating an environment of meticulousness and efficiency, refining procedures, resolving discrepancies, and ensuring clear communication with stakeholders.

Responsibilities

• Oversee and certify daily/monthly bank reconciliations for various account types, along with the compilation of monthly reconciliation reports.
• Validate daily and monthly reports concerning investor remittances.
• Approve Treasury transactions designed to rectify discrepancies between cash receipts and entries made in Strategy (McCracken), our loan processing system.
• Support the collection of data and procurement of necessary documents for Treasury Audits.
• Aid in managing the Automated Clearing House (ACH) Strategy process.
• Coordinate the integration of new investors into the Treasury Reconciliation Application, including liaising with the Remittance Reporting team for the assignment of numbers.
• Incorporate new bank accounts into Strategy and ensure the Treasury Database is up to date.
• Conduct reviews of 1099-INT forms.
• Serve as a backup for director-related tasks for the Treasury Client Services & Treasury Cash Management sub-teams.
• Assist with the daily management and leadership of team members.

Requirements

• Bachelor’s degree in finance, or over 10 years of progressively responsible experience in treasury, accounting, or a related field.
• Proficiency in computer applications, including basic Microsoft Word, Outlook, and intermediate-level skills in Excel.
• Comprehensive knowledge of cash management, banking operations, and reconciliation processes.
• Strong problem-solving abilities, complemented by rational and logical analytical skills.
• The capacity to collaborate and communicate effectively with various departments within the company and with representatives from banking institutions.