Director, Cash Management

Arch Capital Group Ltd.; Morristown (NJ); Hybrid; USD 150,000 - 210,000; Full time

Job summary

Arch Capital Group Ltd. seeks a Treasury Director to lead Global Treasury Operations, driving cash management, forecasting and disbursement processes.

You will manage a team across locations, collaborate with Finance, Arch Investment Management, and business units to optimize liquidity and risk controls. The role requires extensive treasury leadership experience in a global context, strong analytical skills, and the ability to present strategic insights to senior management.

Qualifications

• BA/BS in Business, Accounting or Finance. 8+ years in global corporate treasury operations.
• CTP certification highly desirable.
• Experience in insurance industry and knowledge of international clearing mechanisms, ERP systems and payment strategies preferred.
• Advanced proficiency with MS Office, especially Excel.

Responsibilities

• Oversee global cash management operations to ensure funding for operations and opportunities while minimizing risk.
• Oversee payment disbursement processes with proper approvals and controls.
• Maintain short-term cash flow forecasts.
• Ensure liquidity to meet operating needs while minimizing balances.
• Develop and implement centralized, secure cash management practices and fraud controls.
• Develop metrics on operating cash levels and Treasury initiatives.
• Present clear analyses to internal and external stakeholders for strategic decisions.
• Maintain strong internal controls compliant with SOX and audits.
• Support Treasury projects with analytical, research and planning support.
• Collaborate with business units on receipts, disbursements, FX, and bank services.

Skills

Payments knowledge

Fraud prevention

Cross-functional collaboration

Treasury operations

Analytical thinking

Attention to detail

Capital planning

Leadership

Communication & presentation

Strategy & planning

Education

BA/BS in Business, Accounting or Finance

CTP certification desirable

Tools

MS Excel

ERP systems

Treasury Management Systems

Job description

Role is in-office/hybrid; timing demands may be significant; travel may occasionally be required.

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. In short, We Enable Possibility.

Job Summary

The Treasury Director supports the VP 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.

Location: 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.

Responsibilities

• Oversee 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 loss.
• Oversee payment disbursement processes to ensure timely, accurate, and controlled execution of payments, including appropriate approvals, funding validation, and compliance with internal controls and bank requirements.
• Maintain short‑term cash flow forecasts.
• Ensure that the company and its subsidiaries have adequate liquidity at all times to meet operating needs while minimizing operating cash balances.
• Identify, recommend, and implement best practice processes and procedures to centralize and integrate cash management for maximum security and efficiency while maintaining fraud prevention strategies and controls to mitigate risk of financial loss.
• Develop and maintain metrics focused on operating cash levels and activity related to Treasury initiatives.
• Develop and deliver clear, insightful presentations tailored for diverse audiences, including internal teams, external partners and senior management, to support informed decision‑making and strategic alignment.
• Maintain a robust system of internal controls, policies, and procedures to ensure strong Treasury controls with responsibility to SOX, Internal Audit and external auditors.
• Support all projects related to Treasury by 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 & Skills

• Specific knowledge and expertise in payments including modern developments and international formats.
• Strong control orientation and focus on fraud prevention.
• Ability to collaborate and influence colleagues across complex organizations, within a shared services environment.
• Expertise in treasury operations, cash management, payroll services and investment concepts, practices and methods.
• Strong analytical, problem‑solving, decision‑making, strategic thinking, and planning skills.
• High level of accuracy, attention to detail, and ability to work on multiple objectives at one time.
• Detailed understanding of capital planning, corporate finance, forecasting, investment concepts, practices and methods.
• Provide strong leadership and the ability to attract and retain strong performing individuals, setting a career path for direct reports in multiple locations.
• Ability to articulate strategies through strong communication and presentation skills.
• Candidate should be collaborative and unafraid to challenge status quo.

Education & Experience

• Required experience: typically a BA/BS in Business, Accounting or Finance and 8+ years in a large Global Corporate Treasury Operations setting.
• Certified Treasury Professional (CTP) highly desirable.
• Prior experience in the insurance industry and knowledge of international clearing mechanisms, ERP systems, Treasury Management Systems and payment strategies preferable.
• Advanced proficiency with MS Office, especially Excel.

Base salary ranges (as of posting):

• Raleigh: $120,000 - $160,000/year
• Greater NYC: $154,500 - $205,000/year

Total compensation (base salary, short- and long‑term incentives) will be determined based on location, scope and responsibilities of the role, qualifications, talent availability and business needs.

Benefits: multiple medical plans including dental, vision and prescription drug coverage; a competitive 401(k) 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, Short‑ and Long‑Term Disability; Paid Parental Leave up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care.

10200 Arch Capital Services LLC