Director of US Treasury Operations

Marsh Agency; New York (NY); Hybrid; USD 115,000 - 230,000; Full time

Benefits offered by this job

Performance-based incentives

Health and welfare benefits

401K retirement plan

Job summary

Marsh in New York, NY seeks a Director of US Treasury Operations to lead a four-person team supporting cash management, investments, and risk management. This hybrid role reports to the Assistant Treasurer and will drive process improvements and strategic collaboration across the enterprise.

The role requires 5+ years in treasury operations, experience with corporate and fiduciary portfolios, and a track record of system implementations. New York-based with in-office 3 days per week.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; MBA preferred.
• Minimum of 5 years of progressive treasury operations experience.
• Experience managing corporate and fiduciary investment portfolios, including fiduciary oversight.
• Track record leading treasury system implementations, process improvements, and change management initiatives.

Responsibilities

• Oversee cash investment portfolios and risk management across market conditions.
• Lead Phase 2 enhancements of Quantum Treasury Management System with automation and AI analytics.
• Build and mentor a high-performing treasury operations team.
• Develop strategic banking partnerships to optimize services and support objectives.
• Shape treasury reporting and analytics informing senior leadership decisions.
• Collaborate with Finance, Accounting, IT and business leaders on enterprise projects.

Skills

Leadership

Stakeholder management

Financial analysis

Forecasting

Cross-functional collaboration

Communication

PowerPoint

Excel

Adaptability

Education

Bachelor’s degree in Accounting, Finance, or related field

MBA or equivalent graduate degree

Tools

Quantum Treasury Management System

Bloomberg

Oracle

Job description

The Director of US Treasury Operations oversees all treasury operational functions supporting Marsh's cash management, investment activities, and financial risk management objectives. This position leads a team of four professionals and reports directly to the Assistant Treasurer.

The Director ensures effective execution of treasury policies, maintains strong banking relationships, and drives continuous operational improvements through process optimization and strategic collaboration across the enterprise. This role serves as a key strategic partner in optimizing the company's financial resources and supporting business objectives.

This position is based in New York, NY and is hybrid, with an expectation of working in the office at least three days per week.

We Will Count On You To

• Lead strategic oversight of substantial cash investment portfolios (Corporate and Fiduciary), with responsibility for maximizing returns while maintaining prudent risk management across multiple market conditions.
• Drive treasury operational transformation and modernization through leadership of Quantum Treasury Management System Phase 2 enhancements, including workflow automation, AI-enabled analytics, and advanced reporting capabilities that increase efficiency and decision-making across the organization.
• Build and mentor a high-performing treasury operations team, establishing a culture of excellence, continuous learning, and cross-functional collaboration that elevates treasury capabilities across Marsh.
• Develop and maintain strategic banking partnerships that optimize financial services and support treasury objectives, positioning yourself as a key stakeholder with senior financial services providers and banking executives.
• Shape comprehensive treasury reporting and financial analytics that inform senior leadership decisions on cash management, investment strategy, and financial risk—directly influencing corporate-level financial planning.
• Collaborate across Finance, Accounting, IT, and business leadership on enterprise-wide projects that drive operational efficiency and process improvements, expanding your influence beyond treasury operations.

What You Need To Have

• Bachelor’s degree in Accounting, Finance, or a related field (MBA or equivalent graduate degree preferred).
• Minimum of 5 years of progressive treasury operations experience.
• Experience managing corporate and fiduciary investment portfolios, including regulatory portfolio management and fiduciary oversight.
• Track record of leading treasury system implementations, process improvements, and change management initiatives.

What Makes You Stand Out

• Certified Treasury Professional (CTP) designation (AFP).
• Proven ability to manage multiple concurrent projects and initiatives.
• Advanced treasury and cash management expertise, including investment instruments, FX markets, and banking/cash management products.
• Experience with daily cash positioning, liquidity forecasting, and cash optimization strategies.
• Strong analytical, modeling, and forecasting capabilities.
• Experience with Quantum, Bloomberg, Oracle, or similar financial systems.
• Understanding of AI/automation capabilities and how to apply them to treasury operations.
• Strong knowledge of financial regulations and internal compliance requirements.
• Demonstrated leadership, coaching, and talent development experience.
• Strong cross-functional collaboration and stakeholder management skills across Finance, Accounting, IT, and business leaders.
• Excellent organization, communication, and time-management skills; ability to perform under pressure and adapt to changing priorities.
• Commitment to continuous learning and staying current on treasury industry trends.
• Advanced proficiency in Microsoft PowerPoint and Excel, including the ability to build clear executive-ready presentations, analyze data effectively, and improve productivity.

Why join us?

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact on colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you require an accommodation during the application or interview process, please let us know by contacting [e-mail]

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

The applicable base salary range for this role is $115,200 to $230,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.