Treasury Operations Analyst

Description

Do you enjoy working behind the scenes to ensure financial transactions are accurate, balanced, and completed efficiently? Heritage Financial Credit Union is seeking a Treasury Operations Analyst to support critical payment, settlement, and cash management functions. This role is an onsite position that offers the opportunity to work with key financial processes, strengthen operational controls, and contribute to the effective management of the credit union’s financial resources.

Heritage Financial Credit Union is a member-owned financial institution that is 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 we are dedicated to providing our members with the tools and resources they need to achieve their financial dreams. Our vision is to be the leading financial institution in the communities we serve, and we are committed to creating a culture of excellence where our employees can thrive.

We believe in creating a workplace where everyone feels valued and respected, and where we can all work together to achieve our goals. We recognize that our employees are our most important asset, and we are committed to providing them with the training, development, and opportunities they need to succeed.

• Go Above Expectations
• Create Positive Moments
• Personally Acknowledge

• Deliver As One Team
• Stay A Step Ahead
• Guide with Product Expertise

• Do What's Right
• Speak the Truth
• Own Our Actions

• Grow Together
• Respect Every Voice
• Build Trusting Relationships
• Strengthen Culture & Community

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 various liquidity tracking, balance sheet management reporting, review and release of accounts payable processing.

• Assist management with Balance Sheet management initiatives with strategy implementation and reporting.
• Perform daily balancing of the ACH in-process account, confirming that funds moving in and out of the check-clearing account match system-generated totals; research and resolve any discrepancies.
• Complete Day 2 balancing of prior-day ATM, mobile, and merchant deposits, confirming recorded totals match amounts received from the Federal Reserve; research and correct any out-of-balance conditions.
• Reconcile the corporate credit union account daily, confirming activity matches system records.
• Reconcile daily Zelle activity, confirming person-to-person payment totals match Zelle network reporting (member-facing dispute resolution is handled by a separate role).

• 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.

• Process wire transfers through corporate credit union partners on behalf of the credit union
• Process wire transfer 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 CU assets and execute on Balance Sheet Strategy implementation.

• Review and approve the weekly Accounts Payable runs to tighten controls and facilitate timely vendor payments.