TREASURY SPECIALIST III

This is a position specific recruitment for a Treasury Specialist III.  This recruitment will be used to fill current and future vacancies for this position/function only. 

The resulting eligible list will be maintained for one year. 

Persons interested in future vacancies within this classification must re-apply.

14  (Salary Guidelines apply for State Employees)

Annapolis, MD

The Treasury Management-Banking Services team is seeking an individual with hands-on experience in back office commercial/government banking, merchant services analysis and lockbox analysis.

The primary purpose of this position is to track, document and review the more than $1.29 Billion of credit card transactions processed per year by State Agencies.

The incumbent will analyze the transactions, prepare monthly reports, and make recommendations to management and to agencies to help reduce credit card processing fees.

This position will be the liaison between the merchant services provider and the State agencies. This position will ensure that State agencies are aware of any changes in the card rules and regulations which could affect the State's performance and/or compliance.

In addition, this position will review the daily lockbox balances for the State agencies to ensure excess funds have been swept, to ensure return items are properly covered and to review the peg balances for the lockbox accounts. In fiscal year 2015, over $2.3 Billion in activity was processed through the lockboxes.

This position will be the liaison between the lockbox provider and the State agencies, including participating in conference calls related to lockbox projects and issues.

This position also serves as the primary back-up to the Community Banks and Collateral Specialist, specifically responsible for the reconciliation of all activity in the seven community bank accounts (activity per month averages over $3.0 Million); ensuring outstanding transactions are cleared from the reconciliation on a timely basis; completing the deposit match process; preparing monthly reports, processing RDIs on a daily basis; completing the monthly collateral reconciliation ensuring all State funds on deposit with financial institutions are collateralized as required by statute (managing an average of $600.0 Million in collateral per month); reviewing bank requests for collateral reductions/substitutions/ additions with the applicable custodian as needed.

Education: Possession of a bachelor’s degree from an accredited four year college or university including or supplemented by at least 18 credit hours in accounting, business administration or equivalent business subjects.

Experience: Three years of employment in responsible public administration, business administration, and/or accounting or auditing.

OR

Education: Graduation from a standard high school, including or supplemented by 18 credited hours in business administration, accounting, or equivalent business subjects.

Experience: Seven years of experience as defined above.

Note:  Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in financial administration and program classification or financial administration specialty codes in the accounting and budget group field of work on a year-for-year basis for the required experience and education. 

Applicants must meet the selective qualification(s) to be considered.  Include clear and specific information on your application regarding the qualification(s).

1) Two years of the required experience must be in a banking operations and/or corporate accounting environment reconciling in-house and client accounts to a general ledger, analyzing reports & financial trends, and using other similar financial management skills.  

2) One year of the required experience must be in the financial services industry, electronic/merchant payment processing industry, and/or credit card industry working with credit card rules & regulations and security (PCI DSS, EMV Chip, etc.).

Strong preference will be given to applicants that possess the following.  Include clear and specific information on your application regarding the qualification(s):

Ability to create/manipulate Excel spreadsheets using advanced skills (such as complex formulas, linked spreadsheets, V-Lookup, and Excel reporting using graphs and macros), Access and Word

Experience using online merchant services reporting system and using online bank reporting systems

Strong customer service and math skills

Candidates must be willing to work in the Annapolis area.

All candidates will be subject to a background investigation to include criminal and credit history.

Please make sure that you provide sufficient information on your application (and on separate pages, if necessary) to show that you meet the qualifications for this recruitment.  All information concerning your qualifications must be submitted by the closing date.  We will not consider information submitted after this date. 

Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.

The examination will consist of a rating of your education, training and experience related to the requirements for this position.  All information concerning your qualifications must be submitted by the closing date.

STATE OF MARYLAND BENEFITS

Applicants are STRONGLY encouraged to apply online.  Candidates without computer access may fax their resume to 410-260-4090.

General questions may be directed to the STO Personnel Office at 410-260-7078.

TTY  Users: call via Maryland Relay

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.  We thank our Veterans for their service to our country, and encourage them to apply.