TREASURY SPECIALIST III

This is a position specific recruitment for a Treasury Specialist III in the Banking Services Department of Treasury Management.  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.

The primary mission of the State Treasurer’s Office Banking Services Department is to manage and control banking relationships for all banking needs for the entire State of Maryland and to anticipate State agency needs and respond timely to State agency requests.  Its primary function is the accurate and timely recordation of State funds and the reconciliation of the State’s bank accounts to the State’s internal accounting system.

14

Annapolis, MD

The Treasury Management-Banking Services team is seeking an individual with hands-on experience in back office commercial/government banking, and merchant services analysis.  The primary purpose of this position is to track, document and review the more than $1.0 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.  The incumbent will complete an annual audit of all equipment in use by each State Agency and research/resolve any differences noted by the Agency to the information currently on file with Banking Services.  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.  This position 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 RDI’s 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.  This position also serves as the primary back-up to the Administrative Aide by performing a variety of administrative banking functions within the State’s Banking Services Department.  Tasks include researching and processing State agency requests for check services (stop payments, cancels, recovers, reissues and check copies), coordinating replacement checks for payroll direct deposit failures, entering stop payments on the disbursement bank’s on-line system, setting up new vendor records for ACH payments, and processing various other transactions into the Treasurer’s and the State’s financial systems.  The incumbent provides back-up coverage on the Banking Services main phone line, and is part of a rotational team that provides back-up coverage to the Treasurer’s Office main phone line.

Duties include but are not limited to:

Tracks, documents and reconciles all merchant services activity for all State agencies.

Conducts annual merchant services validation to ensure all merchant IDs, settlement accounts, agency contracts and credit card equipment are accurate and up to date.

Primary back-up for Community Banks Specialist Primary back-up for monthly collateral reconciliation.

Supports duties of Banking Services Administrative Aide Provides secondary customer service coverage for Treasury reception area.

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: 

1. 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 qualifications to be considered.  Include clear and specific information on your application regarding the qualifications.

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 specifically in electronic/merchant payment transactions reconciliation and reporting, such as for a corporate office or merchant services provider.

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

Experience with back office commercial/government banking, specifically credit card processing strongly preferred.

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

Access and Word Strong customer service and math skills .

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

Experience in the credit card industry interpreting and applying credit card rules and regulations and security (PCI DSS, EMV Chip, etc.).

Candidates must be willing to work in the Annapolis area.

Please make sure that you provide sufficient information on your application 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 as presented on your application and as they relate to the requirements of this position.  Please read the job announcement in its entirety before applying for this recruitment.  Applicants must meet all minimum and selective qualifications to be considered, and to appear on an eligible list for hire.  You will also be asked to complete a supplemental questionnaire as part of the application process.  The supplemental questionnaire will be used as a part of the rating process.  Therefore, it is important that you provide complete and accurate information on your application.

STATE OF MARYLAND BENEFITS

Online application through JobAps is STRONGLY preferred.  Please include and upload a current resume for this recruitment.

If you do not have access to the internet and need to fill out a paper application, please forward to:  MD State Treasurer's Office, 80 Calvert Street, Room 109, Annapolis, MD 21401 ATTN: Human Resources.  Fax is acceptable in lieu of mailing:  410-260-4090.

General questions for this recruitment can be directed to the Treasury Personnel Office at 410-260-7078.

 TTY  Users: call via Maryland Relay

We thank our Veterans for their service to our country, and encourage them to apply.

 Bilingual applicants are encouraged to apply.

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.