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Cash Operations Associate Jobs in Minnesota (NOW HIRING)

Selene Holdings

Operations Associate

Minneapolis, MN · On-site

Selene is seeking a qualified candidate for the Operations Associate position ("Associate"). This ... Monthly cash tie out - Data validations - Liaise with IT/data to automate/enhance processes ...

Selene Holdings

Operations Associate

Minneapolis, MN · On-site

Selene is seeking a qualified candidate for the Operations Associate position ("Associate"). This ... cash tie out -Data validations -Liaise with IT/data to automate/enhance processes * Assist with the ...

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$11

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How much do cash operations associate jobs pay per hour?

As of May 30, 2026, the average hourly pay for cash operations associate in Minnesota is $25.70, according to ZipRecruiter salary data. Most workers in this role earn between $17.40 and $29.66 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Cash Operations Associate, and why are they important?

To thrive as a Cash Operations Associate, you need strong analytical skills, attention to detail, and a background in finance, accounting, or business administration. Familiarity with banking software, reconciliation tools, and Microsoft Excel is typically required, and some employers may prefer candidates with certifications like the Certified Treasury Professional (CTP). Exceptional organizational skills, problem-solving abilities, and effective communication set top performers apart in this role. These skills are crucial for ensuring accurate financial transactions, minimizing errors, and supporting the smooth operation of cash management processes.

What are some typical challenges Cash Operations Associates face when reconciling transactions, and how can these be managed effectively?

Cash Operations Associates often encounter challenges such as transaction discrepancies, tight deadlines for end-of-day balancing, and handling high transaction volumes. Effective management involves maintaining strong attention to detail, using reconciliation software efficiently, and collaborating closely with team members in accounting and treasury. Promptly investigating discrepancies and following standardized escalation procedures can help minimize errors and ensure timely resolution. Regular communication with other departments is also key to resolving issues quickly and maintaining smooth cash flow operations.

What are Cash Operations Associates?

Cash Operations Associates are financial professionals responsible for managing and processing cash transactions within an organization, such as deposits, withdrawals, and reconciliations. They ensure the accurate and timely recording of cash movements and help maintain the integrity of financial records. Their duties often include monitoring cash flows, resolving discrepancies, and supporting other finance or treasury functions. Strong attention to detail, organizational skills, and familiarity with financial systems are essential for this role.

What is the difference between Cash Operations Associate vs Cash Management Specialist?

AspectCash Operations AssociateCash Management Specialist
CredentialsTypically requires a high school diploma or associate degree; certifications like cash handling or banking certifications are a plusOften requires a bachelor's degree in finance, accounting, or related field; certifications such as CAMS or CTP may be preferred
Work EnvironmentBank branches, retail locations, or corporate cash handling departmentsCorporate finance departments, banking institutions, or treasury teams
Employer & Industry UsageFinancial institutions, retail companies, and cash-intensive businessesBanking, corporate finance, and treasury management sectors

The main difference is that a Cash Operations Associate focuses on daily cash handling, processing transactions, and ensuring accuracy at the operational level. In contrast, a Cash Management Specialist handles broader cash flow strategies, forecasting, and optimizing cash resources within an organization.

What job categories do people searching Cash Operations Associate jobs in Minnesota look for? The top searched job categories for Cash Operations Associate jobs in Minnesota are:
What cities in Minnesota are hiring for Cash Operations Associate jobs? Cities in Minnesota with the most Cash Operations Associate job openings:
Cash Operations Associate jobs near you

Operations Associate

Selene Holdings

Minneapolis, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

Job description

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!
Position Summary:
Selene is seeking a qualified candidate for the Operations Associate position ("Associate"). This position will work exclusively on certain Pretium residential credit private equity funds. Reporting to the VP of Operations, the successful candidate will manage and/or assist with various operational functions including, but not limited to the monthly remittance process across the residential credit platform, monthly financing administration with multiple investment banks, new mortgage pool closings, and new financing line setup and closings (e.g., repurchase agreements or securitizations). This position will work side-by-side with the fund controllers as well as the trustee/paying agent of the private equity funds. The ideal candidate will be familiar with the various activities noted above, have a strong attention to detail/organizational skills, and be able to work with large, complex datasets. The ideal candidate must be inquisitive, a self-starter, and be comfortable operating in a dynamic, fast paced, and entrepreneurial environment.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
  • Prepare and reconcile the remittance information for the Pretium residential credit funds, including separately managed accounts
    - Interim servicing reconciliation
    - Monthly cash tie out
    - Data validations
    - Liaise with IT/data to automate/enhance processes
  • Assist with the Selene remittance and support process improvement
    - Work with Selene investor reporting on validation procedures
    - Data enhancement
    - Automation
  • Settlement contact on all deals
    - Mortgage pool closings/repurchase agreements
    - Securitizations
    - EBO repoolings
    - Wire setup
  • Complete all new account setups
    - Know-your-client requests
    - Document requests
  • Conduct the monthly financing rolls for the Pretium residential credit funds
    - Whole loans
    - Securities
    - Swaps
    - Securitization tie outs
    - Load all information into the internal SQL database
  • Provide the fund administrator/fund accounting with supporting schedules for trial balance tie out

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily with the ability to prioritize and maintain a large volume of multi-faceted work. Also required is the ability to be flexible and adapt to a fast-paced and changing business environment. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Bachelor's degree in accounting/finance, or equivalent business experience
  • Experience: 3-5 years
  • Self-starter comfortable operating in a dynamic, entrepreneurial environment with evolving roles and responsibilities
  • Strong attention to detail
  • Effective verbal and written communication skills
  • Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations or MBA degree
  • Strong preference will be given to candidates with relevant residential mortgage loan / REO accounting and operations experience
  • Preference will be given to candidates with SQL knowledge
  • Microsoft Office (particularly strong in Microsoft Excel)

Why Selene?
Benefits
Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:
  • Paid Time Off (PTO)
  • Medical, Dental &Vision
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Savings Account
  • Paid Holidays
  • Company paid Life Insurance
  • Matching 401(k) Plan

The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.
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