Merchant Treasury Manager

Celtic Bank is seeking a detail-oriented and strategic Merchant Treasury Manager to oversee treasury operations related to merchant and partner activities. The Merchant Treasury Manager will lead all treasury and settlement activities supporting the Fintech Solutions team. This role is responsible for managing merchant cash flows, overseeing settlement accounting and reconciliation across multiple card networks, administering partner reserves, and proactively monitoring financial risk on partner accounts.Essential Job Functions Treasury ManagementManage daily cash positioning, liquidity planning, and forecasting to ensure sufficient funding for merchant settlements and operational needsOversee bank accounts, payment flows, and treasury controls related to merchant and partner fundsDevelop short- and long-term cash forecasts aligned with transaction volumes and growth projectionsEstablish and maintain treasury controls to safeguard merchant and company fundsOptimize working capital and recommend funding strategies as network relationships expandPartner with Finance leadership on reporting, analysis, and treasury strategy Settlement Accounting & Network ReconciliationLead the end-to-end settlement process with all card networks established for the Fintech Solutions team. Ensure accurate and timely reconciliation between internal systems and network reportsMaintain clear audit trails and ensure compliance with accounting standards and regulatory requirementsCollaborate cross-functionally with Operations, Product, and external network partners to streamline settlement processes Partner Reserve ManagementDesign, implement, and manage reserve methodologies in line with risk exposure and contractual termsMonitor reserve balances to ensure adequate coverage for chargebacks, refunds, and potential lossesConduct periodic reviews and adjustments of reserve requirements based on partner performance and risk profileCommunicate reserve positions and changes effectively to internal stakeholders and partnersEnsure accurate accounting and reporting of all reserve-related transactions Risk Monitoring on Partner AccountsMonitor financial and transactional risk indicators across partner accountsIdentify emerging risk trends and escalate concerns to Risk and senior management as neededDevelop dashboards and reporting frameworks to track exposure, concentration risk, and loss trendsSupport the development of mitigation strategies, including reserve adjustments and funding holdsWork closely with Risk, Compliance, and Legal teams to ensure adherence to regulatory and contractual obligationsPerform other duties as assigned. RequirementsBachelor's degree in Finance, Accounting, Economics, or related field (CPA, CFA, or Treasury certification preferred)5-8 years of experience in treasury, settlement accounting, payments, or financial operationsDirect experience handling settlements with card networks and payment processors strongly preferred. Strong understanding of payment flows, interchange, network fees, chargebacks, and reconciliation processes. Experience building settlement processes in a scaling or newly established payments environment is highly desirableStrong analytical mindset with the ability to manage large volumes of transactional dataExcellent attention to detail and ability to operate in a controlled, compliance-driven environmentBenefitsBENEFITSMedical, dental, vision401(k) with employer matchLife and long-term disability coverageHSA and FSA plansHolidays and paid time off requestsRobust wellness program (we're talking catered meals three times a weeks, lunch and learns, and onsite gym.) Headquartered in the heart of downtown Salt Lake City, Utah, Celtic Bank was named a top SBA lender in the nation in 2025! Celtic Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans.Celtic Bank is an equal opportunity employer and complies with all applicable federal, state and local fair employment practices laws.Physical And Other RequirementsThis job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.Stationary Work: The employee is frequently required to stand; walk; use hands to type, handle documents, and perform other office related duties. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objectsMobility: The employee in this position needs to occasionally move between work sites and inside the office to access file cabinets, office machinery, etcCommunicate: The employee is regularly required to talk or hear and will frequently communicate with others. Must be able to read, write and understand fluent EnglishWork Model: The employee in this position will work either a fully Onsite or Hybrid work model. All employees, regardless of location, may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions. Utah-based employees: Hybrid work schedule available after initial training period in our Salt Lake City, Utah office - department and job requirements will determine eligibility.