Associate – Treasury & Deposit Operations

Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.

Who we are

Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.

What we do

We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses.

Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.

Position Summary and Role Impact:

The Treasury Analyst performs analytical and reporting activities that support the Bank's liquidity, funding, interest rate risk, investment portfolio, and capital management processes. This role independently performs treasury analyses, develops reporting enhancements, prepares forecasts, and identifies trends that support informed decision-making. The Treasury Analyst partners with business stakeholders and provides recommendations to improve Treasury reporting, processes, and controls.

Essential Functions:

Treasury Analytics

• Analyze liquidity, funding, deposit, investment, and capital trends.
• Prepare recurring and ad hoc Treasury analyses and reports.
• Perform variance analysis and identify emerging risks or opportunities.
• Demonstrate understanding of balance sheet management concepts and Treasury metrics.
• Assist in maintaining Treasury models and analytical tools.

Cash Management & Forecasting

• Prepare short- and medium-term cash flow forecasts.
• Analyze cash position trends and funding requirements.
• Monitor liquidity metrics and report significant variances.
• Assist with deposit pricing and funding trend analysis.

ALCO Support

• Prepare analytical exhibits and supporting schedules for ALCO reporting.
• Assist with interpretation of Treasury reports and key metrics.
• Recommend reporting enhancements and process improvements.
• Support implementation of ALCO initiatives and action items.

Process Improvement & Risk Management

• Develop and maintain Treasury procedures and documentation.
• Assist in monitoring liquidity and interest rate risk metrics.
• Support audits, examinations, and regulatory reporting efforts.
• Identify opportunities for automation and efficiency improvements.
• Assist in process improvements or automation projects.

Requirements for Success:

Education & Experience:

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field required.

• Two (2) to Four (4) + years of experience in Treasury, Finance, Accounting, ALM, or banking-related functions.

Knowledge, Skills and Capabilities:

• Working knowledge of liquidity management and Treasury operations.

• Understanding of cash flow forecasting and balance sheet analysis.

• Advanced Excel and reporting skills.

• Ability to interpret financial data and develop recommendations.

• Strong analytical and problem-solving abilities.

• Effective presentation and communication skills.

• Experience with Treasury systems or banking platforms preferred.

• Experience with Power BI, data visualization tools, or large data sets desirable. .

Compliance with Laws & Regulations

• Responsible for complying with all the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Why join us

We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people.

At Merrick Bank, you’ll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact.

Our Employee Value Proposition

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Benefits Package -Medical, Dental, and Vision (plus much more)
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite.  Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.

We are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to age, race, color, sex, or gender identity/expression (including pregnancy, childbirth, transgender status, or sexual orientation), religion or creed, ancestry, citizenship, national origin, disability, military or veteran status, marital status, genetic information, or any other characteristic protected by applicable law.

We do not tolerate discrimination, harassment, or retaliation. Employment decisions are based solely on qualifications, merit, and business needs. Everyone is welcome here, and we hire based on your ability to do the job, not any protected characteristics.

If you need help or reasonable accommodation during the application or hiring process, please let your TA Partner know.