Treasury Analyst I

First Merchants Bank is seeking a Treasury Analyst I to join our team. This position will learn and develop an understanding of Treasury Management while executing functions essential to bank performance. Assist the Senior Treasury Analyst and Treasury Analyst II with key duties.

As part of this role you will:

• Assist with valuing, pricing, accounting, and reporting of interest rate swap transactions.
• Keep up-to-date with all hedging activity including monthly reconciliation of all derivative transactions.
• Manage deposit and loan rate updates on Launchpad.
• Assist with monitoring correspondent banking accounts, including maintaining and updating agreements and documentation.
• Manage daily process of updating collateral values for customer repurchase agreements.
• Assist with processing Insured Cash Sweep (ICS) and Insured Network Deposit (IND) requests and transactions.
• Assist with preparation of various Asset Liability Management Committee (ALCO) reports.
• Assist in the preparation of monthly and quarterly cash forecasts of First Merchants Bank.
• Special projects defined by Senior Treasury Analyst.

To be successful in this role we require the following:

• Bachelor’s degree or equivalent in accounting, finance, economics, management, or a related field.

The following would be a plus:

• One (1) year of related accounting, investment, or finance experience.

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us