Treasury Services Analyst

Location: Sioux Falls, SD 
Shift: M-F 8AM -5PM
Job Status: Full-Time
Company: First PREMIER Bank

About the Role
This position is primarily responsible for the completion of analytical and statistical tracking/reporting processes within the Treasury Services area.  Monitors tracking and reporting to ensure its accuracy and consistency.  Periodically reviews and recommends new methods and procedures for improving efficiency. Administers and reviews all Treasury Services applications to ensure adherence to existing policy guidelines in order to protect the quality and profitability of the Treasury Services portfolio. 

Job Duties and Responsibilities 

• Interact with prospective and existing client contact(s) in a professional manner to offer a positive perception of First PREMIER Bank.

• Perform analytics related to performance, rules compliance, etc.

• Offer conclusions related to continuance of relationship and/or adjustments required to mitigate all potential risk areas.

• Research and propose suggestions related to risk mitigation and lead the implementation of approved risk mitigation measures.

• Manage relationship with Laru Technologies (ACH reporting software provider) and be the “resident expert” on all Laru capabilities.

• Respond to National ACH Association (“NACHA”) Requests for Comment (“RFC”) and Requests for Information (“RFI”) as needed, based on the content of the RFC/RFI.

• Perform onsite reviews of certain client relationships.

• Offer analytical view of existing policies and procedures as it relates to the accuracy of each intended document/process.
• Create and manage client and department analytical performance management reports.

• Create and manage detailed analytics related to the performance management reporting that is in place and offer suggestions as appropriate for modifications.

• Analyze client returns for inaccuracies, negative trends, and increased volumes.  Resolve according to department procedure.

• Make recommendations for procedure updates, and author procedural updates, as appropriate.

• Review and act on client authorizations and underwriting packets received as part of the returns monitoring process, as per department procedure.

• Continually analyze the returns reporting created, making suggestions for improving the content or efficiency of the reporting generated.

• Perform data validation and analysis as part of the initial underwriting of clients, as well as the ongoing risk assessment process for clients.  Utilize this information for trending and comparison purposes.

• Manage ACH limit increases and decreases, as per department procedure.

• Approve ACH limit exceptions, as per department procedure.

• Approve Treasury Services overdrafts, as per the Treasury Services NSF Processing Procedures.

• Perform ongoing sampling and testing of client prefunding, holds, reserves, etc. to ensure they are operating as expected.

• Responsible for having in-depth knowledge of clients’ systemic capabilities and documenting this information in both initial underwriting and ongoing risk assessments.

• Manage the Virtual Account Servicing process, ensuring that it is working appropriately, and handle any client-related inquiries or requests related to this service.

• Act in the capacity of a back-up ACH Processor.

Skills and Qualifications 

• Must possess working knowledge of banking processes and procedures.
• Combination of education/experience that would enable incumbent to meet essential functions and required competencies of the position. 
• A four-year college degree in a business, accounting, finance or related field is preferred.
• Basic computer skills and proficiency of the English language.
• Position requires analytical thinking ability.
• Position also requires staff member to be organized, methodical and detail orientated. 
• Ability to concentrate and work independently.
• Ability to handle stress, exercise self-control, and adhere to company policies and procedures and uphold Vision, Views, and Values.

Competitive Benefits Package

• Full medical benefits when working 20+ hours per week
• Traditional and High Deductible health plan options available
• FREE dental and vision coverage
• Generous Paid Time Off plans
• 401(k) – dollar-for-dollar match up to 5% of total compensation
• Special discounts and offers for events at the Denny Sanford PREMIER Center
• PREMIER Wellness Program
• Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
• Fun Employee Parties

Our Culture

• Emphasis on personal success, respect, health, wellness, fun and giving back
• Employees are rewarded, valued, and celebrated for hard work
• Various Career advancement opportunities and growth
• Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.