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Treasury Associate

Prudential


Location:
Newark, NJ
Date:
03/24/2017
Job Code:
397198
Prudential
Apply on the Company Site
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Job Details

Position Title: Treasury Associate
Job Code: 397198
Job Location: New Jersey-Newark
Description:
The Corporate Banking Division is part of the Treasurer’s Department and is responsible for bank administration, bank relations and cash management activities for Prudential’s businesses.  This position is seeking an associate in the Bank Administration Unit of Corporate Banking responsible for managing the banking requirements of Prudential’s lines of business.  Business Unit account structures may change due to new lines of business, new products, business restructures and M&A activity. The associate will liaison between the business units and the banks to research and implement required services.   
 
The primary job responsibilities for this position include: 
  • Perform bank account maintenance including bank account openings, closings and changes associated with the account, services or authorized persons.  This includes determining what is needed, preparing the necessary documentation for the bank, obtaining required signatures, working with Legal and Corporate Secretary's to obtain corresponding legal documents, and communicating with the business throughout the process.  Perform required internal and external reporting.
  • Investigate, research, and resolve requests and inquiries received from business units and banks.  Including scanning, reconciliation (checks to voucher total and to bank total) and destruction of business unit checks.
  • Create and maintain procedures and workflow documents and proactive periodic review of them.
  • Complete required finance training commitment and pursue professional development.

  • Bachelors Degree in Finance, Accounting, Economics, or Business Administration
  • Recent Graduates encouraged to apply
  • Excellent oral and written communication skills to effectively coordinate and complete administrative requests with banks and internal business partners
  • Strong organizational skills and the ability to manage multiple tasks to maintain an efficient processing flow
  • Good problem solving and decision making skills to respond to inquiries in a timely manner
  • Strong interpersonal skills to support relationships within Treasurer’s Department and with business partners and service providers
  • Ability to work well under pressure and meet aggressive deadlines
  • The flexibility to assume other area assignments in the future, as the staff is periodically rotated

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.
Job Function: Banking/Financial Services
Schedule: Full-time
Apply on the Company Site

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