Treasury Operations Analyst

About Us

Heritage Financial Credit Union is a member-owned financial institution committed to helping our members achieve their financial goals and building a stronger community. We believe that everyone deserves access to affordable financial services and are dedicated to providing the tools and resources needed to achieve financial dreams. Our vision is to be the leading financial institution in the communities we serve, fostering a culture of excellence where employees thrive. We value our employees as our most important asset and are committed to their training, development, and success.

Core Values:

• Experience: Go Above Expectations; Create Positive Moments; Personally Acknowledge
• Service: Deliver As One Team; Stay A Step Ahead; Guide with Product Expertise
• Integrity: Do What's Right; Speak the Truth; Own Our Actions
• People: Grow Together; Respect Every Voice; Build Trusting Relationships; Strengthen Culture & Community

About the Role

The Treasury Operations Analyst is responsible for the daily reconciliation, settlement, transaction execution, and balancing of the credit union's core payment and clearing channels, including ACH, ATM settlements, wire transfers, Zelle, and foreign currency activity. This role ensures that funds moving between the credit union, the Federal Reserve, corporate credit union partners, and third-party payment networks are accurately recorded, reconciled, and documented in accordance with internal controls and regulatory requirements. The specialist also supports liquidity tracking, balance sheet management reporting, and the review and release of accounts payable processing.

Responsibilities

• Daily Reconciliation & Balancing:
  • Assist management with Balance Sheet management initiatives, including strategy implementation and reporting.
  • Perform daily balancing of the ACH in-process account, confirming funds match system-generated totals; research and resolve discrepancies.
  • Complete Day 2 balancing of prior-day ATM, mobile, and merchant deposits, ensuring recorded totals match amounts received from the Federal Reserve; correct out-of-balance conditions.
  • Reconcile the corporate credit union account daily to confirm activity matches system records.
  • Reconcile daily Zelle activity to ensure person-to-person payment totals match Zelle network reporting (member-facing dispute resolution is handled separately).
• Settlement & Documentation:
  • Manage custody of daily, weekly, and monthly supporting documentation to confirm accuracy of all postings.
  • Gather and review daily ATM settlement reports from General Ledger and supporting Sub-Ledgers to confirm accurate card/member transaction posting.
• Wire Transfers & Cash Management:
  • Process wire transfers through corporate credit union partners on behalf of the credit union.
  • Process wire transfers to fund branch cash orders and credit union investments.
  • Support daily cash positioning, bank reconciliations, cash allocations, and Treasury payments.
  • Assist with short- and medium-term cash flow forecasting and liquidity monitoring.
  • Support daily efforts to manage the Credit Union Balance Sheet to maximize return on assets and execute Balance Sheet Strategy implementation.
• Accounts Payable Support:
  • Review and approve the weekly Accounts Payable runs to tighten controls and facilitate timely vendor payments.

Requirements

• Education/Certification: Bachelor's degree in Finance or Accounting; equivalent work experience considered.
• Experience: 3-5 years in credit union or bank operations, treasury, or accounting, preferably involving balance sheet management, daily general ledger balancing, reconciliations, ACH, wire, or ATM settlement processes.

Qualifications

• Knowledge of cash management and its role in the Credit Union.
• Working knowledge of ACH, wire transfer, and ATM/card settlement processes.
• Familiarity with Federal Reserve clearing and settlement operations.
• Proficiency with core processing and reconciliation systems (e.g., Insight, Fiserv, Prologue, iDentifi, Client Central) or ability to learn proprietary systems quickly.
• Strong attention to detail and ability to identify and research balancing discrepancies.
• Strong organizational skills and ability to manage multiple daily deadlines.
• Ability to work independently while maintaining strong internal controls and documentation standards.

Pay

$28.98 - $36.23 per hour (depending on experience)

Benefits

• Paid Time Off & Paid Federal Holidays
• Medical, Dental, Vision & Life Insurance
• Employee Assistance Program
• Flexible Spending Accounts (FSA)/Health Savings Accounts (HSA)
• Supplement Benefits: Critical Illness Care, Identity Theft Protection, Pet Insurance, Legal Services
• BenefitsPlus+ perks program (travel, entertainment, gift cards, and more)
• CareNet - benefits concierge service
• 401(k) with 5% Employer Match
• Educational Assistance
• Paid Time to Volunteer
• HFCU Logo-wear (provided to employees)