Treasury Operations Specialist (Hybrid)
About the position
As a Treasury Operations Specialist with Navient, you’ll support the behind‑the‑scenes work that enables student loan funding by helping manage trust and financing structures, reviewing reports, and supporting daily transactions. You’ll collaborate with a variety of internal teams and external partners, giving you broad exposure to how Navient operates across finance and capital markets. This role is a great fit for someone who enjoys detail‑oriented work, problem‑solving, and being a trusted partner in a fast‑moving financial environment. This is a hybrid role, reporting to our Herndon office 2 days/ week (Tuesday/ Wednesday)
Responsibilities
• Maintain and administer Navient Education Loan Trusts based on underlying trust agreements.
• Prepare facility and trust reports, confirm payments with external counterparts, and initiate payments with paying agent banks.
• Coordinate with Structured Finance on loan purchase and sale schedules, supporting funding activity and communicating with the Cash Desk on related cash flow.
• Prepare advance borrowing and permitted release requests to conduit banks, including post-settlement reporting and wire payment for post-settlement funding.
• Verify trust cash activity, ensuring payment accuracy and resolving exceptions.
• Perform daily cash management functions, including bank balance reporting, presentment, and concentration reports.
• Process check requests from Accounts Payable, deposit checks using a remote scanner, and manage the Cash Management resource mailbox.
• Administer the opening and closing of bank accounts and prepare monthly bank analysis fees for multiple banks.
• Manage daily margin calls for corporate and trust swaps, including overseeing cleared swap movements.
• Monitor credit rate changes and assess their impact on collateral positions within ISDA contracts.
• Coordinate and process settlements for new issuances, repurchases, and trade confirmations with counterparties.
• Execute and reconcile scheduled payments, administer overrides, and prepare month-end reports for accounting and audit purposes.
• Ensure successful processing of daily bank files and review prior-day bank data for accuracy.
• Analyze daily cash positions, confirm investment and money market trades, and monitor cash inflows and outflows for Navient Corp.
• Work on special projects as assigned.
• Cross-train with team members for coverage and professional development.
Requirements
• Bachelor’s Degree- Business related field, preferably Finance.
• 0-1 year of experience within the Business or Finance field required.
• Additional equivalent experience above the required minimum may substitute.
• Additional equivalent education above the required minimum may substitute.
Nice-to-haves
• Familiarity with Treasury operations and the banking industry is helpful.
• Strong analytical skills with the ability to make informed financial decisions.
• Proficiency in financial systems and tools.
• Excellent communication and interpersonal skills.
• Detail-oriented and capable of managing multiple tasks efficiently.
• Demonstrated ability to work independently and collaboratively in a team environment.
• Knowledge of relevant financial regulations and industry best practices.
Benefits
• Generous PTO program
• Robust e-learning platform
• Employee Stock Purchase Plan
• Competitive 401(k) match
• HSA options
Apply tot his job
Apply To this Job
As a Treasury Operations Specialist with Navient, you’ll support the behind‑the‑scenes work that enables student loan funding by helping manage trust and financing structures, reviewing reports, and supporting daily transactions. You’ll collaborate with a variety of internal teams and external partners, giving you broad exposure to how Navient operates across finance and capital markets. This role is a great fit for someone who enjoys detail‑oriented work, problem‑solving, and being a trusted partner in a fast‑moving financial environment. This is a hybrid role, reporting to our Herndon office 2 days/ week (Tuesday/ Wednesday)
Responsibilities
• Maintain and administer Navient Education Loan Trusts based on underlying trust agreements.
• Prepare facility and trust reports, confirm payments with external counterparts, and initiate payments with paying agent banks.
• Coordinate with Structured Finance on loan purchase and sale schedules, supporting funding activity and communicating with the Cash Desk on related cash flow.
• Prepare advance borrowing and permitted release requests to conduit banks, including post-settlement reporting and wire payment for post-settlement funding.
• Verify trust cash activity, ensuring payment accuracy and resolving exceptions.
• Perform daily cash management functions, including bank balance reporting, presentment, and concentration reports.
• Process check requests from Accounts Payable, deposit checks using a remote scanner, and manage the Cash Management resource mailbox.
• Administer the opening and closing of bank accounts and prepare monthly bank analysis fees for multiple banks.
• Manage daily margin calls for corporate and trust swaps, including overseeing cleared swap movements.
• Monitor credit rate changes and assess their impact on collateral positions within ISDA contracts.
• Coordinate and process settlements for new issuances, repurchases, and trade confirmations with counterparties.
• Execute and reconcile scheduled payments, administer overrides, and prepare month-end reports for accounting and audit purposes.
• Ensure successful processing of daily bank files and review prior-day bank data for accuracy.
• Analyze daily cash positions, confirm investment and money market trades, and monitor cash inflows and outflows for Navient Corp.
• Work on special projects as assigned.
• Cross-train with team members for coverage and professional development.
Requirements
• Bachelor’s Degree- Business related field, preferably Finance.
• 0-1 year of experience within the Business or Finance field required.
• Additional equivalent experience above the required minimum may substitute.
• Additional equivalent education above the required minimum may substitute.
Nice-to-haves
• Familiarity with Treasury operations and the banking industry is helpful.
• Strong analytical skills with the ability to make informed financial decisions.
• Proficiency in financial systems and tools.
• Excellent communication and interpersonal skills.
• Detail-oriented and capable of managing multiple tasks efficiently.
• Demonstrated ability to work independently and collaboratively in a team environment.
• Knowledge of relevant financial regulations and industry best practices.
Benefits
• Generous PTO program
• Robust e-learning platform
• Employee Stock Purchase Plan
• Competitive 401(k) match
• HSA options
Apply tot his job
Apply To this Job