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Navient Solutions LLC

At Navient, we believe people are our greatest asset. Whether you’re a client or a colleague, integrity, passion, and commitment guide everything we do. We believe it’s possible to hold one another to a high standard while fostering a supportive and inclusive workplace. Through trust, innovative collaboration is possible. We value every voice, knowing we're stronger, smarter, and more effective when we work together.

This is a hybrid role with 2 days/ week onsite in our Herndon office.

This position will float, providing coverage across Treasury Operations and Trust Administration Desks, rotating between functions as needed and supporting multiple workflows.

Treasury Operations is responsible for the management of short-term liquidity and financial risk, administration and reporting relating to borrowing facilities and trusts, and oversight of the company’s banking operations. The Treasury Operations Specialist will primarily be responsible for cash management activities, including daily cash positioning, bank balance reporting, cash concentration, and payment processing. Additionally, this role will cross train in other areas such as Cash Desk operations and Trust Administration, managing corporate and trust collateral margin calls, processing funds and security transfers, conducting reconciliations, and analyzing monthly bank fees

Strong interpersonal and communication skills are essential, as this role involves working with external counterparties, broker/dealers, and correspondent banks, as well as internal teams such as Capital Markets, Corporate Accounting, Compliance, and senior management. The Specialist must be able to work independently, solve problems efficiently, and adhere to established protocols to meet deadlines. Strong organizational skills are crucial for managing workflows and prioritizing tasks effectively.

Responsibilities Include:

Cash Management:

+ Perform daily cash management functions, including bank balance reporting, presentment, and concentration reports.

+ Process check requests from Accounts Payable, deposit checks using a remote scanner, and manage the Cash Management resource mailbox.

+ Administer the opening and closing of bank accounts and prepare monthly bank analysis fees for multiple banks.

Cash Desk and Back Office Support:

+ Manage daily margin calls for corporate and trust swaps, including overseeing cleared swap movements.

+ Monitor credit rate changes and assess their impact on collateral positions within ISDA contracts.

+ Coordinate and process settlements for new issuances, repurchases, and trade confirmations with counterparties.

+ Execute and reconcile scheduled payments, administer overrides, and prepare month-end reports for accounting and audit purposes.

+ Ensure successful processing of daily bank files and review prior-day bank data for accuracy.

+ Analyze daily cash positions, confirm investment and money market trades, and monitor cash inflows and outflows for Navient Corp.

Trust Administration:

+ Maintain and administer Navient Education Loan Trusts based on underlying trust agreements.

+ Prepare facility and trust reports, confirm payments with external counterparts, and initiate payments with paying agent banks.

+ Coordinate with Structured Finance on loan purchase and sale schedules, supporting funding activity and communicating with the Cash Desk on related cash flow.

+ Prepare advance borrowing and permitted release requests to conduit banks, including post-settlement reporting and wire payment for post-settlement funding.

+ Verify trust cash activity, ensuring payment accuracy and resolving exceptions.

Project Management and Cross Training:

+ Document procedures during training and lead efforts to standardize processes for the entire department.

+ Cross-train with team members for coverage and professional development.

MINIMUM REQUIREMENTS

+ Bachelor’s Degree- Preferably Finance, Accounting, Business, or related field. At least 3 years of relevant experience in treasury operations or a related financial field may substitute.

+ 0-1 year of experience within the Business or Finance field. Additional education above the required minimum substitute.

PREFERRED QUALIFICATIONS

+ Familiarity with Treasury operations and the banking industry.

+ Strong analytical skills with the ability to make informed financial decisions.

+ Proficiency in financial systems and tools.

+ Knowledge of relevant financial regulations and industry best practices.

IMPORTANT NOTICES:

All offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.

EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Navient is a drug free workplace.

Navient (Nasdaq: NAVI) Delivers Technology-Enabled Financing and Support

Our mission is to enhance the financial success of our clients by delivering innovative solutions and insights with compassion and personalized service.

We leverage our decades of experience and performance, and our data-driven culture, to deliver exceptional results for our customers. Learn more at navient.com.

To view the Navient Benefit Brochure click here (https://tbcdn.talentbrew.com/company/3354/full\_v2\_0/docs/Navient-2025-Recruitment-Brochure.pdf)

Applicants can learn more about their rights by viewing the federal "Know Your Rights" and pay transparency posters click here (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf) .

Equal Opportunity Employer Race/Ethnicity / Sex /Disability/Protected Veterans/Sexual Orientation/Gender Identity

N avient participates in E-Verify. To View the E-Verify notice, click here (https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf) .

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Navient (855) 281-1828

[email protected]