TREASURY SPECIALIST IV - MERCHANT SERVICES

THIS IS A POSITION SPECIFIC RECRUITMENT.  THE RESULTING ELIGIBLE LIST WILL BE USED TO FILL THIS POSITION ONLY.  CANDIDATES WISHING TO APPLY TO OTHER RECRUITMENTS IN THIS AGENCY MUST APPLY SEPARATELY.

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.

15 (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, and merchant services analysis. This position will be the Subject Matter Expert on credit card/merchant services including: interchange rates, interchange programs, merchant category codes, processing fees and other aspects related to card processing. This position will work with the Merchant Services provider, train Agencies and collaborate with Agency CFOs and Agency Personnel who handle credit card processing. This position will understand and keep current on all credit card related rules/regulations (i.e., EMV, PCI Compliance, etc.) and will provide agencies with best practices to consider when accepting payments. With the electronic payments industry continuing to increase, this position will play a key role during procurement of the State's Merchant Services provider to ensure accurate State related credit card activity is provided in the RFP. This position will serve on the evaluation committee. This position will ensure that all merchant identification numbers, type of equipment used by the State agencies and agency contact information are accurately recorded and updated as required. This position will document and review the more than $1.29 Billion of credit card transactions processed per year by State Agencies using approximately 600 merchant identification numbers (MIDs). The incumbent will analyze the transactions, utilize complex spreadsheets to prepare monthly reports and make recommendations to management and to agencies to help reduce credit card processing fees. This position is the sole source in the State to monitor all Merchant Services transactions and costs. 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.

• Documents and reviews all merchant services activity for all State agencies
• Conducts annual merchant services validation to ensure all merchant IDs, settlement accounts, agency contacts and credit card equipment are accurate and up to date
• Primary back-up for Community Banks specialist, to include tracking, documenting and reconciling all community bank activity, and ensuring all outstanding transactions are cleared from the reconciliation on a timely basis and deposit match reconciliation process is complete
• Primary back up for Disbursement Reconciliation Specialist, to include reconciliation on a daily basis of the State's five primary vendor, payroll and income tax disbursement accounts
• Second tier back up to the Treasurer's main 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 subject.

Experience: Four years of employment in responsible public administration, business administration, office management and/or accounting or auditing, one year of which must have been in work concerning accounting, investment securities, insurance investment, insurance company home office offering property and casualty experience.

OR

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

Experience: Eight years of experience as defined above. At least one year of the experience must have been in work concerning accounting, investment securities, insurance investment, insurance underwriting, or in an insurance company home office offering property and casualty experience.

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 your qualifications.

1)      Two years 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.

2)      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.

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

• 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
• 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.

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

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 may consist of a rating of your education, training, and experience related to the requirements of the position.  In addition, you will be required to complete a qualifications supplement.  Therefore, it is important that you provide complete and accurate information on your application and supplemental questionnaire.  Report all experience and education that is related to this position.

EXEMPT BY EXECUTIVE ORDER

STATE OF MARYLAND BENEFITS

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

Job opportunities within the Maryland State Treasurer’s Office are accessible through JobAps, the Statewide Recruitment, Examination and Applicant tracking system.  By using the Department filter and highlighting “Office of the Treasurer,” you can view all active recruitments within our agency.  First time users can register for an account by selecting a position to apply for, choosing “I am a new user” at the bottom, then keying in the necessary fields.  Please upload a current copy of your resume with your application.

If you do not have access to a computer, you may apply by faxing a copy of your resume to 410-260-4090 or emailing to hr@treasurer.state.md.us.  Electronic application is STRONGLY encouraged.

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

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