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UnitedHealth Group Treasury Consultant - Cash Management and ACH Operations - West Valley City, UT in West Valley City, Utah

If you want to achieve more in your mission of health care, you have to be really smart about the business of health care. Financial discipline and accountability count more today than ever. Which is why your performance and innovation will find a reception here like nowhere else as you help people live healthier lives while doing your life's best work.(sm)

The Treasury Consultant is responsible for overseeing all aspects of Optum Bank's Treasury Operations. Primary responsibilities include managing the daily processing of Automated Clearing House (ACH) files, preparation of daily cash position and liquidity reporting, processing wire transfers and assisting with investigation and resolution of complex cash reconciliation items. This position will manage settlements with the Federal Reserve Bank and will monitor completion of ACH and Wire processing, including balancing of daily ACH and Wire activity with internal general ledger and deposit systems.

Primary Responsibilities:

  • Prepare Daily Cash Reports and manage the Bank's liquidity position

  • Control cash transfers to minimize the risk of loss from errors, fraud, and/or inefficiency

  • Oversee high volume daily ACH and Virtual Card Payment (VCP) origination files

  • Review control total and Federal Reserve Bank settlement reconciliations to ensure completeness and accuracy of ACH and VCP file processing

  • Monitor ACH Return and Notification of Change (NOC) Reports. Ensure Return and NOC reports are delivered to Originators

  • Research and resolve complex escalated ACH inquiries

  • Ensure ACH transactions are processed in accordance with National Automated Clearing House Association (Nacha) operating rules and within regulatory requirements

  • Ensure that ACH and VCP activity is reconciled daily and unresolved differences are researched and resolved within specified timeframes and in accordance with Bank standards and regulatory requirements

  • Understand and adhere to strict compliance, security, financial control and regulatory requirements pertaining to electronic payment processing

  • Maintain ACH and Cash Management policies and procedures

  • Collaborate extensively with other treasury department personnel on various reporting, reconciling and cash management tasks as required

  • Provide ad-hoc reporting for management, auditors, and regulators

  • Maintain ACH processing databases

  • Contribute innovative ideas to improve Bank payment products

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

  • Undergraduate degree or equivalent work experience

  • 3+ years of financial institution back office or corporate payment processing or cash management experience

  • Sound knowledge of banking and core deposit products, banking systems and applicable technologies

  • Proficiency in Microsoft Office applications including Excel, Word and Outlook

  • Superior teamwork and strong customer service focus

  • Excellent verbal and written communication skills

  • Adaptability to work in a fast paced and evolving work environment

  • Solid analytical, problem solving and decision-making skills

  • You will be asked to perform this role in an office setting or other company location

  • Employees are required to screen for symptoms using the ProtectWell mobile app, Interactive Voice Response (i.e., entering your symptoms via phone system) or a similar UnitedHealth Group-approved symptom screener prior to entering the work site each day, in order to keep our work sites safe. Employees must comply with any state and local masking orders. In addition, when in a UnitedHealth Group building, employees are expected to wear a mask in areas where physical distancing cannot be attained

Preferred Qualifications:

  • ACH processing and/or ACH origination experience

  • Familiarity with FedLine Advantage or other wire transfer processing applications

  • Knowledge of Nacha operating rules and guidelines

  • Accredited ACH Professional (AAP) Certified Treasury Professional (CTP) Designations

Careers at UnitedHealth Group. We have modest goals: Improve the lives of others. Change the landscape of health care forever. Leave the world a better place than we found it. Such aspirations tend to attract a certain type of person. Crazy talented. Compassionate. Driven. To these select few, we offer the global reach, resources and can-do culture of a Fortune 7 company. We provide an environment where you're empowered to be your best. We encourage you to take risks. And we offer a world of rewards and benefits for performance. We believe the most important is the opportunity to do your life's best work.(sm)

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

Job Keywords: Treasury Solutions Analyst, Cash Management and ACH Operations, West Valley City, UT, Utah

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