Navient

Treasury Operations Specialist

Navient

full-time

Posted on:

Location Type: Hybrid

Location: Herndon • Virginia • United States

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Job Level

Junior

About the role

  • Maintain and administer Navient Education Loan Trusts based on underlying trust agreements
  • Prepare facility and trust reports, confirm payments with external counterparts, and initiate payments with paying agent banks
  • Coordinate with Structured Finance on loan purchase and sale schedules, supporting funding activity and communicating with the Cash Desk on related cash flow
  • Prepare advance borrowing and permitted release requests to conduit banks, including post-settlement reporting and wire payment for post-settlement funding
  • Verify trust cash activity, ensuring payment accuracy and resolving exceptions
  • Perform daily cash management functions, including bank balance reporting, presentment, and concentration reports
  • Process check requests from Accounts Payable, deposit checks using a remote scanner, and manage the Cash Management resource mailbox
  • Administer the opening and closing of bank accounts and prepare monthly bank analysis fees for multiple banks
  • Manage daily margin calls for corporate and trust swaps, including overseeing cleared swap movements
  • Monitor credit rate changes and assess their impact on collateral positions within ISDA contracts
  • Execute and reconcile scheduled payments, administer overrides, and prepare month-end reports for accounting and audit purposes
  • Ensure successful processing of daily bank files and review prior-day bank data for accuracy
  • Analyze daily cash positions, confirm investment and money market trades, and monitor cash inflows and outflows for Navient Corp
  • Work on special projects as assigned
  • Cross-train with team members for coverage and professional development

Requirements

  • Bachelor’s Degree- Business related field, preferably Finance
  • 0-1 year of experience within the Business or Finance field required
  • Familiarity with Treasury operations and the banking industry is helpful
  • Strong analytical skills with the ability to make informed financial decisions
  • Proficiency in financial systems and tools
  • Excellent communication and interpersonal skills
  • Detail-oriented and capable of managing multiple tasks efficiently
  • Demonstrated ability to work independently and collaboratively in a team environment
  • Knowledge of relevant financial regulations and industry best practices.
Benefits
  • Generous PTO program
  • Robust e-learning platform
  • Employee Stock Purchase Plan
  • Competitive 401(k) match
  • HSA options
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
cash managementfinancial analysispayment processingbank account administrationmargin call managementISDA contractsfinancial reportingtrust administrationloan purchase and sale coordinationpost-settlement reporting
Soft Skills
analytical skillscommunication skillsinterpersonal skillsdetail-orientedtime managementindependent workteam collaborationproblem-solvingorganizational skillsprofessional development