Description
We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.
Job Summary
The Treasury Analyst will support the Treasury Manager and Assistant Treasurer in managing short-term liquidity for Thrivent Financial and its subsidiaries. This position plays a key role in the Treasury organization by ensuring efficient management of cash, generating process improvements, and utilizing technology to unlock opportunities and insights.
Job Responsibilities and Duties
- Develop a cash forecast leveraging information from internal systems, investment teams and business partners; perform trend and variance analysis.
- Model scenarios for capital structure short- and long-term planning. Collaborate with Investments team on short-term investment strategy and with FP&A team to inform long-term forecasts.
- Calculate and forecast performance of spread lending programs, including the Federal Home Loan Bank program. Provide back-office support, calculate and forecast performance, and assist in stress testing.
- Track and monitor internal and external risk metrics covering liquidity, counterparty, and operational risks.
- Build and generate KPI reporting and financial models across treasury operations and cash management to provide insights for leadership.
- Produce and assist with the creation of management decks for leadership, financial reviews, and Board meetings.
- Forecast and validate rating agency Key Financial Indicators to support capital strategy.
- Assist in the implementation, optimization and maintenance of the treasury management system.
- Prepare data and modeling used for bank fee analysis, budgeting, and pricing negotiations to achieve fair and competitive market pricing. Understand and explain pricing and services and make recommendations based on trends or comparative analysis.
- Bank account administration including opening and closing accounts.
- Support cash management operations including payment processing, reconciliation, and cash positioning as needed.
Job Qualifications
Required:
- Bachelor’s Degree in Accounting, Finance or Business Administration.
- 1-2 years’ experience in Treasury Operations or Cash Management.
- 3 to 5 years of Accounting, Finance or other relevant experience. Experience with operation and optimization of a Treasury Management System.
- Analytical proficiency.
Preferred:
- Attainment of Certified Treasury Professional certification, CFA, CPA, CMA or MBA.
- Cash forecasting experience.
- Financial Services industry experience.
Additional Information
- This position allows a flexible work arrangement meaning you may work on-site and/or remotely from the Minneapolis, MN or Appleton, WI area.
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.
