Director, Cash Management

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.JOB SUMMARYThe Treasury Director supports the Vice President of Global Treasury Operations and drives cash management operations. This individual will lead a team of Treasury Cash Management professionals and be responsible for liaising across Corporate Finance, Accounts Payable, Arch Investment Management and business unit leadership for optimal service, control and efficiency.This role will sit in one of the above listed offices, with two days in the office, three days remote. Global Treasury, as a shared service, provides Treasury expertise and leadership to group initiatives. This individual will attract, retain, guide, and empower a team that will manage much of the day-to-day operational activity of cash management, cash forecasting and related processes. This role is in-office/hybrid. At times, timing demands could be significant and travel may be occasionally required.Essential RESPONSIBILITIES and ACCOUNTABILITIESOversee global cash management operations to ensure adequate funding for ongoing business operations, working capital fluctuations and strategic opportunities while practicing fraud prevention strategies and controls to mitigate risk of financial lossOversee payment disbursement processes to ensure timely, accurate, and controlled execution of payments, including appropriate approvals, funding validation, and compliance with internal controls and bank requirementsMaintain short-term cash flow forecastsEnsure that the companies and their subsidiaries have adequate liquidity at all times to meet operating needs while minimizing operating cash balancesIdentify, recommend, and implement best practice processes and procedures to centralize and integrate cash management for maximum security and efficiency while always maintaining fraud prevention strategies and controls to mitigate risk of financial lossDevelop and maintain metrics focused on operating cash levels and activity relating to Treasury initiativesDevelop and deliver clear, insightful presentations tailored for diverse audiences, including internal teams, external partners and senior management, to support informed decision-making and strategic alignmentMaintain a robust system of internal controls, policies, and procedures to ensure strong Treasury controls with responsibility to SOX, Internal Audit and external auditorsSupports all projects related to Treasury - providing analytical, research and planning support.Work with business units on strategic initiatives related to receipts, disbursements, foreign currency, and bank service needs. Provide robust evaluation and articulate the pros/cons of available solutions and emerging trends.Knowledge & SkillsSpecific knowledge and expertise in payments including modern developments and international formatsStrong control orientation and focus on fraud preventionAbility to collaborate and influence colleagues across complex organizations, within a shared services environmentExpertise in treasury operations, cash management, payroll services and investment concepts, practices and methods Strong analytical, problem solving, decision-making, strategic thinking, and planning skillsHigh level of accuracy, attention to detail, and ability to work on multiple objectives at one timeDetailed understanding of capital planning, corporate finance, forecasting, investment concepts, practices and methodsProvide strong leadership and the ability to attract and retain strong performing individuals, setting a career path for direct reports in multiple locationsAbility to articulate strategies through strong communication and presentation skillsCandidate should be collaborative and unafraid to challenge status quoEducation & ExperienceRequired experience would typically be acquired through a BA/BS in Business, Accounting or Finance and 8+ years in a large Global Corporate Treasury Operations settingCertified Treasury Professional (CTP) highly desirablePrior experience in the insurance industry and knowledge of international clearing mechanisms, ERP systems, Treasury Management Systems and payment strategies preferableAdvanced proficiency with MS Office, especially Excel.#LI-AT1#LI-hybridFor individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.For Raleigh: $120,000 - $160,000/yearFor Greater NYC: $154,500 - $205,000/yearTotal individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team. 10200 Arch Capital Services LLCSummaryLocation: Raleigh, NC United States of America; Morristown, NJ United States of America; Jersey City, NJ United States of America; New York, NY; White Plains, NY United States of AmericaType: Full time