Treasury Operations Analyst

Location:

Qualified candidate must be able to report to our Tiedeman (Brooklyn, OH) site at least 2 days per week, in a mobile (hybrid) capacity.

JOB BRIEF (Purpose)

The Treasury Operations Department is responsible for processing transactions and preparing both internal and regulatory reports associated with the Investment Portfolio, Collateral Management, Funding (including Liabilities), and Safekeeping functions. The Operations Analyst maintains an accurate and current system of record that reflects all Treasury-related transactions. Treasury Operations primarily supports multiple Lines of Business at Key and its affiliates.

Portfolio responsibilities encompass managing fixed income securities such as bonds, settling trades involving fixed income and equities, processing principal and interest payments, and reconciling General Ledger entries. Funding activities include administering KeyBank debt issuances and borrowings, overseeing principal and interest payments, monitoring aggregate cash positions at the Federal Reserve, conducting due from account reviews, initiating large-value wire transfers, and reconciling General Ledger entries. Collateral management tasks involve pledging securities to support various contracts, products, and public deposits, as well as monitoring collateral surpluses or deficits daily across all positions. Safekeeping duties include executing buy and sell transactions, handling principal and interest processing, distributing trade confirmations and receipts, and ensuring accurate reconciliation of General Ledger entries.

The department consistently prepares managerial, financial, and regulatory reports and upholds robust internal controls to ensure full compliance with SOX regulations.

ESSENTIAL JOB FUNCTIONS

• 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 timeframes.
• 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.

REQUIRED QUALIFICATIONS

• Bachelor's Degree in Accounting or Finance or equivalent experience.
• 3+ years of experience in brokerage or financial operations, with preferred knowledge of Fixed Income securities, paydowns, pricing, and security movements.
• Strong analytical and decision-making skills.
• Excellent organization and attention to detail.
• Able to work independently.
• Willingness to work extended hours when needed.
• Advanced Microsoft Excel skills (including Vlookups); strong Microsoft Suite proficiency.
• Quick learner with aptitude for diverse financial products.
• Effective communicator, both written and verbal.
• Professional, knowledgeable, and able to maintain confidentiality while working with clients at all levels.
• Ability to learn new concepts quickly and develop an in-depth knowledge of a wide variety of functions.
• Adaptable to change.
• Strong problem-solving skills and ability to implement solutions.

PREFERRED QUALIFICATIONS

• Working knowledge of the Lightning (LFM) database system.
• Working knowledge of free security movements utilizing FED and/or BNY Mellon systems.
• Working knowledge of the CMS (Collateral Management System) database.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $55,000 to $60,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here for a list of benefits for which this position is eligible.

Please click here for a list of benefits for which this position is eligible.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.