CareFirst Careers

Analyst, Treasury

Resp & Qualifications

PURPOSE:  The Treasury Analyst provides support to the corporate banking, cash applications and cash flow management for all CareFirst Inc. entities.  The analyst is responsible for managing the CareFirst banking vendor relationships and services.   In addition, the position manages over 30 bank accounts with daily activity in excess of $150 million in such a way that all contractual obligations are met and yet cash available for investing is optimized and manages short-term portfolio in excess of $200 million in accordance with corporate financial goals and policies to maximize yield.  The position also provides professional skills, including project management, and problem analysis and resolution.

PRINCIPAL ACCOUNTABILITIES:
Under the direction of the Manager of Treasury, the incumbent’s accountabilities include, but are not limited to:

1. Banking:
Coordinates banking relationships with the CareFirst Treasury teams, internal business teams, and external parties.  This includes assisting in banking RFP’s, training in banking services and portals, implementation of new banking services and opening of accounts, resolution of banking related issues, and SFTP transmissions.  Responsible for completing and updating all banking related documents.  Assist in preparing for Board packages as it relates to Banking and Treasury. 

2. Cash Flow Management:
Independently coordinates and analyzes the corporate cash position on a daily basis for all entities of CareFirst, Inc. Maintains daily cash flow spreadsheet for all CareFirst entities. Reconciles prior day activity to bank balance reports and ensures that documentation for all incoming and outgoing transfers have been forwarded to appropriate areas.  Executes all Fed wire transfers to meet funding needs.  Must be available to perform these duties on CareFirst holidays and unscheduled closings when banks are open.  Downloads and creates bank reports to network for use by other departments within the Finance Division, as well as subsidiaries at other locations.  Maintains a fully operational plan at home for this critical function with a zero day delay.

3. Ad-Hoc Projects:
Provides general support to the Business Risk Management and Treasury Department as needed, to include support for special projects and/or ad-hoc assignments.

QUALIFICATION REQUIREMENTS:

Required:  B.S. degree in Finance/Accounting or Insurance or in a related field or equivalent training and a minimum of 3-5 years business experience.

Abilities/Skills:

  • Thorough knowledge of regulations, corporate policies and procedures, portfolio management, bank relationships, and investment accounting.
  • Excellent analytical skills, as well as the ability to demonstrate flexibility, innovation, problem solving skills and resourcefulness.
  • Strong business acumen and attention to detail.
  • Excellent oral and written communications skills.  Ability to present and discuss technical and non-technical information in a way that establishes rapport, persuades others, and gains understanding. 
  • Must be a self-motivated individual with excellent organizational work habits.  Must be able to work independently and as a member of a team.
  • Requires highest level of integrity.
  • Proficiency in PC skills including Microsoft Excel, Word, and Access. 
  • Must be able to handle various responsibilities simultaneously under time constraints.
  • Must be able to effectively work in a fast paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time.  Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence.   Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

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Department

Department: Portfolio & Cash Management

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Hire Range Disclaimer

Actual salary will be based on relevant job experience and work history.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Closing Date

Please apply by: 10/25/2019

Federal Disc/Physical Demand

Note:  The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an associate to perform the essential duties and responsibilities of the position successfully.  Requirements may be modified to accommodate individuals with disabilities.

The associate is primarily seated while performing the duties of the position.  Occasional walking or standing is required.  The hands are regularly used to write, type, key and handle or feel small controls and objects.  The associate must frequently talk and hear.  Weights of up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship

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