Treasury Operations Analyst

Job Summary

The Treasury Operations Department processes transactions and prepares internal and regulatory reports related to the Investment Portfolio, Collateral Management, Funding, and Safekeeping functions. The Operations Analyst maintains an accurate system of record for all Treasury-related transactions and supports multiple Lines of Business at Key and its affiliates.

Portfolio activities include managing fixed‑income securities, settling fixed‑income and equity trades, processing principal and interest payments, and reconciling general ledger entries. Funding activities involve administering debt issuances and borrowings, monitoring cash positions at the Federal Reserve, and handling large‑value wire transfers. Collateral management tasks cover pledging securities to support contracts and monitoring daily collateral surpluses or deficits. Safekeeping duties encompass executing buy/sell transactions and ensuring accurate reconciliation of all entries.

The department consistently prepares managerial, financial, and regulatory reports while upholding robust internal controls to ensure SOX compliance.

• Demonstrated working knowledge of accounting principles and general ledger structures, with the capability to create and maintain balanced entries.
• Accurately prepares and delivers information for managerial and financial reports in compliance with Service Level Agreements.
• Builds strong relationships with Line of Business Partners to effectively address and resolve discrepancies by providing detailed support.
• Actively participates in departmental projects.
• Skilled in researching and analyzing both typical and atypical patterns and trends.
• Proficient in performing all functions at the primary desk, as well as supporting and providing backup across multiple desks/functions within the department.
• Experienced in working within various financial platforms.
• Collaborates independently with technology partners to define, test, and implement bug fixes and minor system enhancements.
• Proactively identifies and implements opportunities for process improvement.
• Maintains a high level of attention to detail in daily functions, consistently recognizing, identifying, and processing transactions accurately.
• Conducts thorough research using available resources within designated time frames.
• Makes sound decisions under tight deadlines and pressure.
• Performs and executes accurate balancing reconciliations between systems and general ledgers.
• Effectively manages multiple tasks with minimal supervision.
• Self‑motivated and results‑oriented, with the ability to work efficiently under deadlines and contribute successfully within a team environment.
• Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice.
• Complies with all Key Bank policies and procedures, including acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.

• Bachelor's Degree in Finance, Accounting, or related field (preferred) or equivalent work experience.

• 2+ years' experience in financial operations, with knowledge of fixed‑income securities, paydowns, pricing, and security movements.
• Intermediate to advanced Microsoft Excel skills (including VLOOKUP); strong Microsoft Suite proficiency.
• Working knowledge of the Lightning (LFM) database system (preferred).
• Working knowledge of free security movements utilizing FED and/or BNY Mellon systems (preferred).
• Working knowledge of the CMS (Collateral Management System) database (preferred).
• Proficient in Trade and wire systems, Lightning and Collateral Matrix Database (preferred).

• Independent Work Capability: Effectively manages responsibilities with minimal supervision, demonstrates sound judgment, and takes ownership of assigned work.
• Learning Agility: Quickly learns and applies knowledge across diverse financial products, systems, and processes in a dynamic environment.
• Professional Communication: Communicates clearly and effectively, both verbally and in writing, with internal partners…