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Job ID :
98674
Location :
Northbrook, IL US
Level :
Entry Level Professional
Job Category :
Finance & Economics
Description :

Where good people build rewarding careers.

Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.


Job Description

 

Job Family Summary

The purpose of the Treasury and Planning Department is to proactively and creatively lead/manage cash, liquidity, capital, M&A, ratings and corporate structure issues, for the purpose of increasing shareholder value, in partnership with the other functions in the company and with results/action-oriented people. Contributions to the financial strength and stability of The Allstate Corporation include analyzing financial results, leading the financial planning process, evaluating the utilization of capital, and making recommendations concerning corporate strategy.

 

The Cash Management Team manages the wire transfer activities of the Corporation to ensure that funds are moved as needed.  Additionally, the team ensures compliance with internal policies and corporate governance surrounding the cash and banking responsibilities.

 

Job Summary

The scope of this job is to perform cash concentration / wire execution for all applicable Allstate companies

 

Key Responsibilities

  • Consolidating and entering wires in the Treasury workstation with a proper degree of timeliness and accuracy in order to allow the liquidity team and short-term traders to make investment decisions
  • Prepare, input, review, initiate, approve, release, trouble shoot, and report wire transfer activity
  • Capable of performing mission critical related tasks during Business Resumption events
  • Provide optimal customer support to internal clients, colleagues and external financial service partners
  • Prepare wire activity reports and analysis in an effort to optimize wire activity and cash flow activity
  • Displays sound administration skills including documentation, follow up and adherence to established guidelines

 

Job Qualifications

 

Knowledge/Skills/Abilities/Experience

Proven organizational and time management skills including the ability to work autonomously and with minimal direction, to recognize and manage priorities, and work with multiple concurrent demands in a time sensitive environment, often including responding to tight deadlines.  Effective verbal and written communication skills.  Flexibility to adapt to changing work priorities and assignments and the ability to work under pressure.  High level of accuracy, attention to detail and ability to proof one's own work. 

Experience Required/Computer Proficiency: (type of experience/number of years required)

Familiarity with banking terminology, functions, treasury workstation applications and US banking system is a plus.  Microsoft products - primarily Outlook, Word, and Excel. Quick learner of database related computer software applications.

 

Education:    College degree preferred in Business, Finance or Economics

 


The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

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Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.

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