Who We AreServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing industry. ServiceMac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.
What We DoServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing industry. ServiceMac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.
Responsible for the planning and execution of day-to-day and period-end Treasury activities including managing the
company's banking relationships and activities, identifying cost-saving and profit maximizing opportunities and ensuring
compliance with company, department and audit standards to maximize the protection of the company's cash assets.
Partners with the Treasurer and Assistant Treasurer to create the vision, strategy and standards by which the Treasury
department provides leadership and value to the organization. This critical role will report directly to the Senior Vice President of Finance and Accounting
HOW YOU'LL CONTRIBUTE
Manage the company's banking relationships, including negotiating interest rates and bank fees
Manage the company's banking activities, including the allocation of deposit balances and account structures
Oversee the opening, closing and maintenance of bank accounts
Develop reports to assist with monitoring and managing the company's liquidity and key cash management operating metrics
Lead and enhance internal processes to drive operational efficiency and to ensure compliance with internal policies, controls and procedures
Ensure compliance with regulatory requirements
Develop and monitor treasury operational policies
Monitor and implement new bank technologies, products and services
Identify opportunities and implement treasury-related business process improvements
Support special projects and acquisitions
Troubleshoot daily transaction issues
Effectively work with and support internal business partners
Lead treasury system implementations and associated projects, ensuring seamless integration with existing financial systems.
Lead and mentor a high-performing treasury team, fostering a culture of accountability, collaboration, and continuous improvement.
Collaborate with operational leaders and executives to provide financial insights and analysis that drive business performance.
Design and implement robust processes and procedures to ensure business continuity and operational efficiency.
Drive technology initiatives aimed at automating treasury operations, resulting in bottom line expense savings.
Collaborate closely with finance and accounting teams on treasury-related economics, ensuring accurate analysis of actuals, forecasts, projections, and budgets.
Utilize advanced Excel skills to create and maintain financial models, conduct cash flow analysis, and support decision-making processes.
Analyze and interpret financial data to provide insights into liquidity and capital management and support strategic planning initiatives.
Ensure compliance with investor and agency guidelines and standards, as well as familiarity with NACHA standards in the management of funds movements
WHAT YOU'LL BRING
Required Education, Experience, Certification/Licensure
Bachelor's degree
Advanced degree preferred
10+ years demonstrated experience
Title, escrow, and banking industry experience preferred
Experience managing and operating in a highly regulated environment
CTP preferred
KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)
Treasury knowledge
Experience with or exposure to banking, title and escrow
Knowledge of banking systems
Excellent communication skills in dealing with internal and external customers and business partners
Strong analytical, financial and system skills, including advanced MS Excel skills
Proven track record of managing teams and fostering a collaborative work environment.
Advanced proficiency in Excel, including financial modeling and forecasting techniques.
Strong understanding of accounting principles, financial planning, and analysis
Extensive experience with mortgage servicing software and familiarity with mortgage servicing funds movements and... For full info follow application link.
First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.
