Merchant Treasury Manager
Celtic Bank
full-time
Posted on:
Location Type: Hybrid
Location: Salt Lake City • Utah • United States
Visit company websiteExplore more
About the role
- Manage daily cash positioning, liquidity planning, and forecasting to ensure sufficient funding for merchant settlements and operational needs.
- Oversee bank accounts, payment flows, and treasury controls related to merchant and partner funds.
- Develop short- and long-term cash forecasts aligned with transaction volumes and growth projections.
- Establish and maintain treasury controls to safeguard merchant and company funds.
- Optimize working capital and recommend funding strategies as network relationships expand.
- Partner with Finance leadership on reporting, analysis, and treasury strategy.
- Lead the end-to-end settlement process with all card networks established for the Fintech Solutions team.
- Ensure accurate and timely reconciliation between internal systems and network reports.
- Maintain clear audit trails and ensure compliance with accounting standards and regulatory requirements.
- Collaborate cross-functionally with Operations, Product, and external network partners to streamline settlement processes.
- Design, implement, and manage reserve methodologies in line with risk exposure and contractual terms.
- Monitor reserve balances to ensure adequate coverage for chargebacks, refunds, and potential losses.
- Conduct periodic reviews and adjustments of reserve requirements based on partner performance and risk profile.
- Communicate reserve positions and changes effectively to internal stakeholders and partners.
- Ensure accurate accounting and reporting of all reserve-related transactions.
- Monitor financial and transactional risk indicators across partner accounts.
- Identify emerging risk trends and escalate concerns to Risk and senior management as needed.
- Develop dashboards and reporting frameworks to track exposure, concentration risk, and loss trends.
- Support the development of mitigation strategies, including reserve adjustments and funding holds.
- Work closely with Risk, Compliance, and Legal teams to ensure adherence to regulatory and contractual obligations.
- Perform other duties as assigned.
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, or related field (CPA, CFA, or Treasury certification preferred).
- 5-8 years of experience in treasury, settlement accounting, payments, or financial operations.
- Direct experience handling settlements with card networks and payment processors strongly preferred.
- Strong understanding of payment flows, interchange, network fees, chargebacks, and reconciliation processes.
- Experience building settlement processes in a scaling or newly established payments environment is highly desirable.
- Strong analytical mindset with the ability to manage large volumes of transactional data.
- Excellent attention to detail and ability to operate in a controlled, compliance-driven environment.
Benefits
- Medical, dental, vision
- 401(k) with employer match
- Life and long-term disability coverage
- HSA and FSA plans
- Holidays and paid time off requests
- Robust wellness program (we’re talking catered meals three times a weeks, lunch and learns, and onsite gym.)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
cash positioningliquidity planningcash forecastingtreasury controlssettlement processesreconciliationreserve methodologiesfinancial analysisrisk managementtransactional data management
Soft Skills
analytical mindsetattention to detailcommunicationcollaborationproblem-solvingstrategic thinkingorganizational skillsleadershipadaptabilitycompliance awareness
Certifications
Bachelor’s degree in FinanceBachelor’s degree in AccountingBachelor’s degree in EconomicsCPACFATreasury certification