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Treasury – Cash Manager

Wintrust Financial Corporation155 open roles

Where
Rosemont, IL
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Your applicationOpen nowTreasury – Cash ManagerWintrust Financial Corporation · Rosemont, IL

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The clock on this job

Early applications get read.

8.2% of postings close within 7 days. Measured by our own scanner across the market. Wintrust Financial Corporation postings stay open a median of 29 days.

Share of postings closed within
  1. 1.8%1 day
  2. 3.8%3 days
  3. 8.2%7 days
  4. 15.2%14 days
  5. 34.2%30 days
This job: posted today

Wintrust Financial Corporation median: 29 days open

The posting

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
  • Promote from within culture

Why join this team?

  • As a Cash Manager, you will join a small, closely knit, four-member Cash Management team within Corporate Investments, and part of the larger Treasury group.
  • You will gain experience and exposure to accelerate your career, including banking industry knowledge, as well as professional skills such as meeting effectiveness, and have Executive management presence.

Position Overview

As a Cash Manager, you’ll join our Cash Management team within Treasury, reporting directly to the SVP-Treasury, Corporate Investments, and have direct, regular access and communication with other Treasury and Finance professionals.

What You’ll Do

  • Learn the numerous key points, responsibilities, and intricacies of the Cash Management process.
  • Primarily manage all bank correspondent account cash positions for several banks within the Wintrust group as the key point person, including the Federal Reserve, to meet daily liquidity needs including borrowing and selling funds.
  • Monitor pledge accounts daily to ensure customer deposit accounts have appropriate collateral amounts and types of collateral pledged.
  • Manage and monitor pledging activity with the FHLB Chicago and the Federal Reserve Bank of Chicago for both securities and loans.
  • Assist Corporate Investments with security settlements
  • Manage correspondent bank user access
  • Participate in other projects and/or activities impacting Treasury.
  • Participate in learning and development opportunities.

Qualifications

  • 0-2 years of related experience.
  • Associate’s degree or equivalent with some Accounting/Finance background preferred.
  • Exceptional time management skills
  • Ability to work in a fast-paced environment

Benefits

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation

The estimated salary range for this role is $50,000.00 - $65,000.00 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.

#LI-ONSITE

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

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