Treasury Analyst

• Manage daily cash operations using the Treasury Management System (TMS). Monitor bank accounts, execute wire/ACH transactions, and maintain optimal liquidity positions to meet funding needs requiring judgement and discretion.

• Execute high-value funds transfers between internal and external bank accounts totaling $1B+ per month requiring accuracy and confidence in decision-making.

• Optimize short-term investments and borrowing by determining daily financing positions based on cash forecasts, ensuring adequate funds for operations while maximizing returns on any excess cash within policy guidelines.

• Prepare and analyze cash flow forecasts, perform variance analyses and adjust projections as needed to respond to changing conditions using judgement to interpret trends. Present insights from forecasts to Treasury leadership, enabling informed decision-making.

• Reconcile cash transactions daily. Promptly resolve any discrepancies or exceptions, ensuring accurate cash accounting and strong internal controls.

• Drive process improvements: Identify opportunities to streamline treasury processes and leverage technology to increase efficiency and reduce operational risk.

• Ensure compliance and controls: Adhere to all internal controls and external regulations. Support audit requests by providing documentation and implementing audit recommendations. Maintain up-to-date process documentation and contribute to business continuity plans to mitigate operational risk.

• Liaise with external and internal business partners: Work closely with external banks, vendors, and internal partners on complex issues and bank services often requiring discretion when addressing confidential information. Act as a point of contact to resolve issues and provide guidance on treasury best practices to internal teams.

• Coordinate unclaimed property compliance: Ensure unclaimed funds are managed in accordance with state regulations by coordinating due diligence outreach and filings, in partnership with Legal and Compliance teams.

• Collaborate on treasury initiatives: Partner with the Assistant Treasurer, Treasury Manager, and other finance colleagues on initiatives to optimize cash flow processes, improve liquidity management strategies, and strengthen banking relationships.

• Model Thrivent’s leadership competencies – Model the Way, Rally the Team, and Deliver Outcomes.

• Support an environment in which Thrivent employees and colleagues are focused on continuous improvement, exceptional employee engagement, and an unwavering commitment to our clients. Support a culture that represents the Thrivent purpose, promise and values, ensuring that Thrivent’s trust and reputation remain strong with its clients.

Regularly communicates with:

• Individual Contributors within Thrivent; partners with and provides input on Treasury-related matters.

• Managers and Directors within Thrivent; raises issues and assists in making recommendations or escalating where appropriate.

• External Banks and Auditors