Manager, Treasury Operations

Blue Cross and Blue Shield of North Carolina; Ottawa; Hybrid; CAD 166,000 - 265,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

401k match

Parental leave

Tuition reimbursement

Wellness programs

Job summary

Blue Cross and Blue Shield of North Carolina is seeking a Manager, Treasury Operations to oversee cash management and treasury operations for the organization and its subsidiaries. You will manage banking relationships, collaborate with internal partners, and help strengthen efficient receipt and payment strategies that support treasury best practices.

The role involves leading Treasury Analysts, developing cash flow projections, and ensuring policy compliance while optimizing liquidity and

Qualifications

• Bachelor's degree or advanced degree required; 8+ years of experience in related field; in lieu of degree, 10+ years of experience in related field.

Responsibilities

• Oversee cash management and treasury operations per policy; propose changes to improve efficiency.
• Manage and guide Treasury Analysts on daily funding and funding of all bank accounts.
• Support cash flow projections to forecast short-, intermediate-, and long-term needs.
• Develop and coordinate banking relationships; negotiate fees and assess new bank services as needed.
• Manage liquidity portfolio (deposits, money market funds, short-term investments) to maximize return while maintaining liquidity.
• Ensure treasury processes are documented with controls and compliance; support financial reporting risk management.

Skills

Treasury management

Cash flow forecasting

Banking relationships

Education

Bachelor's degree or advanced degree

Tools

Kyriba

Job description

Job Description

Blue Cross NC is hiring a Manager, Treasury Operations to oversee cash management and treasury operations for Blue Cross and Blue Shield of North Carolina and its subsidiaries. In this role, you'll manage banking relationships, collaborate with internal partners, and help strengthen efficient, cost-effective receipt and payment strategies that enhance customer experience and support treasury best practices.

What You'll Do

• Ensure the cash management and treasury operations functions are carried out in accordance with company policy and make recommendations for new and/or changed policy statements which, if approved, will improve operations and/or productivity.

• Manage and provide guidance to Treasury Analysts regarding daily funding and ensure the proper funding of all bank accounts.

• Support the development of cash flow projections to forecast short, intermediate and long-term cash needs.

• Assist Treasury Director to develop and coordinate banking relationships, negotiate competitive fee structures, manage bank accounts, evaluate and coordinate implementation of any new bank services as needed.

• Manage the company's liquidity portfolio (including bank deposits, money market funds, and other short-term investments) to maximize return while maintaining sufficient liquidity.

• Evaluate, recommend, and develop opportunities for the improvement of the company's liquidity position through improved deposit and/or disbursement techniques.

• Provide subject matter expert guidance on all company projects that require treasury or banking support.

• Keep abreast of changes in banking and insurance regulations that may impact Blue Cross NC, as well as advances in banking technology and services which may be of benefit to operations within the area.

• Develop, administer, and maintain funds transfer security and other cash management related policies and procedures.

• Ensure all Treasury processes are documented along with relevant controls ensuring the execution of controls.

• Act as the primary Treasury Department contact for Financial Reporting Risk Management testing and compliance and business continuity planning.

What You Bring

• Bachelor's degree or advanced degree (where required)

• 8+ years of experience in related field.

• In lieu of degree, 10+ years of experience in related field.

Bonus Points

• Treasury Management System Subject Matter Expert - Kyriba preferred.

• CTP or equivalent designation

• Health insurance experience a plus

What You'll Get

• The opportunity to work at the cutting edge of health care delivery with a team that is deeply invested in the community.

• Work-life balance, flexibility, and the autonomy to do great work.

• Medical, dental, and vision coverage along with numerous health and wellness programs.

• Parental leave and support plus adoption and surrogacy assistance.

• Career development programs and tuition reimbursement for continued education.

• 401k match including an annual company contribution.

• Learn more

Where You'll Work

Our Hybrid Flex approach is built on presence with a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplace that is flexible, connected, and future focused.

In a Hybrid-Flex role, you'll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$118,691.00 - $189,906.00