New

Treasury Director

First American
sick time, 401(k)
United States, Illinois, Chicago
Jul 19, 2025
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 processes Knowledge of investor and agency guidelines and standards relevant to mortgage servicing operations. Familiarity with treasury management systems and NACHA standards for electronic payments. Job Complexities * Works on complex problems in which analysis of situations or data requires significant originality and an in-depth evaluation of various factors * Exercises extreme judgment within broadly defined practices and policies in selecting methods, techniques, and evaluation criteria for obtaining results * Transaction issues can vary and are typically time sensitive Supervision Received or Extended * Must be able to work independently and problem solve with little or no supervision * Could potentially manage up to 5 direct reports Impact * Erroneous decisions could have a significant impact to the company's financial position and operations due to the large balance of deposits that are managed by the Treasury department * Makes final decisions on administrative or operational matters and ensures operations' achievement of objectives * Responsible for decisions and activities that impact other departments and external customers The pay range for this role is $131,800.00 - $175,750.00 This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location. Disclaimer The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed. What We OfferBy choice, we don't simply accept individuality - we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it's the right thing to do, but also because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term. Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.