Job Description
About WebBank
WebBank (the “Bank”) is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners and Security Premium Finance, a wholly owned subsidiary of National Partners.
Job Summary
You will play a key role as a team player in our treasury team within the finance department. Key areas of responsibility will be assisting treasury perform daily cash management, quarterly and monthly analysis/reports as well as working with new partners or programs that are being onboarded into the Bank. We are highly focused on new initiatives and process improvements within the finance department. This will require a candidate who can take ownership and collaborate to bring an optimization from idea to final form. While you will assist in policy creation and strategic partner communications, no day is like the other and you will frequently be asked to perform ad-hoc analysis in Excel or SQL. You should be willing to troubleshoot, investigate, and collaborate with other parts of WebBank’s finance, strategic partnership, development, and other internal teams.
Primary Responsibilities
You Will:
- Interact with Treasury Manager and others assisting on special projects;
- Special projects include process improvement, strategic AI implementation, automation, etc
- Assist in onboarding new Bank partnerships and programs into our platform;
- Assist in processing ad-hoc wires, ACHs, book transfers;
- Maintain institutional and brokered deposit book;
- Maintain and update treasury cash management policies;
- Assist Treasury Manager in preparation of monthly, quarterly, and ad-hoc treasury reporting.
Company Perks
You Get:
- Flexible work options – Flexible work-from-home opportunities and other hybrid workplace options are available
- Paid Time Off (PTO) - Generous paid time off plus paid parental leave
- Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
- 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
- Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
- Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year