Contractual Merchant Processing Jobs (NOW HIRING)

Celtic Bank is seeking a detail-oriented and strategic Merchant Treasury Manager to oversee treasury operations related to merchant and partner activities. The Merchant Treasury Manager will lead all treasury and settlement activities supporting the Fintech Solutions team. This role is responsible for managing merchant cash flows, overseeing settlement accounting and reconciliation across multiple card networks, administering partner reserves, and proactively monitoring financial risk on partner accounts.

1.       Treasury Management

• Manage daily cash positioning, liquidity planning, and forecasting to ensure sufficient funding for merchant settlements and operational needs.
• Oversee bank accounts, payment flows, and treasury controls related to merchant and partner funds.
• Develop short- and long-term cash forecasts aligned with transaction volumes and growth projections.
• Establish and maintain treasury controls to safeguard merchant and company funds.
• Optimize working capital and recommend funding strategies as network relationships expand.
• Partner with Finance leadership on reporting, analysis, and treasury strategy.

2.       Settlement Accounting & Network Reconciliation

• Lead the end-to-end settlement process with all card networks established for the Fintech Solutions team.
• Ensure accurate and timely reconciliation between internal systems and network reports.
• Maintain clear audit trails and ensure compliance with accounting standards and regulatory requirements.
• Collaborate cross-functionally with Operations, Product, and external network partners to streamline settlement processes.

3.       Partner Reserve Management

• Design, implement, and manage reserve methodologies in line with risk exposure and contractual terms.
• Monitor reserve balances to ensure adequate coverage for chargebacks, refunds, and potential losses.
• Conduct periodic reviews and adjustments of reserve requirements based on partner performance and risk profile.
• Communicate reserve positions and changes effectively to internal stakeholders and partners.
• Ensure accurate accounting and reporting of all reserve-related transactions.

4.       Risk Monitoring on Partner Accounts

• Monitor financial and transactional risk indicators across partner accounts.
• Identify emerging risk trends and escalate concerns to Risk and senior management as needed.
• Develop dashboards and reporting frameworks to track exposure, concentration risk, and loss trends.
• Support the development of mitigation strategies, including reserve adjustments and funding holds.
• Work closely with Risk, Compliance, and Legal teams to ensure adherence to regulatory and contractual obligations.
• Perform other duties as assigned.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or related field (CPA, CFA, or Treasury certification preferred).
• 5-8 years of experience in treasury, settlement accounting, payments, or financial operations.
• Direct experience handling settlements with card networks and payment processors strongly preferred.
• Strong understanding of payment flows, interchange, network fees, chargebacks, and reconciliation processes.
• Experience building settlement processes in a scaling or newly established payments environment is highly desirable.
• Strong analytical mindset with the ability to manage large volumes of transactional data.
• Excellent attention to detail and ability to operate in a controlled, compliance-driven environment.

Benefits

BENEFITS

• Medical, dental, vision
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off requests
• Robust wellness program (we're talking catered meals three times a weeks, lunch and learns, and onsite gym.)

Headquartered in the heart of downtown Salt Lake City, Utah, Celtic Bank was named a top SBA lender in the nation in 2025! Celtic Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans.

Celtic Bank is an equal opportunity employer and complies with all applicable federal, state and local fair employment practices laws.

Physical and Other Requirements

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Stationary Work: The employee is frequently required to stand; walk; use hands to type, handle documents, and perform other office related duties. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
• Mobility: The employee in this position needs to occasionally move between work sites and inside the office to access file cabinets, office machinery, etc.
• Communicate: The employee is regularly required to talk or hear and will frequently communicate with others. Must be able to read, write and understand fluent English.
• Work Model: The employee in this position will work either a fully Onsite or Hybrid work model. All employees, regardless of location, may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions.
• Utah-based employees: Hybrid work schedule available after initial training period in our Salt Lake City, Utah office - department and job requirements will determine eligibility.