Manager, Treasury Operations

Blue Cross and Blue Shield of North Carolina; North Carolina; Hybrid; USD 119,000 - 190,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Parental leave and surrogacy/adoption助

401k match with company contribution

Tuition reimbursement for continued ed

Job summary

Blue Cross and Blue Shield of North Carolina is seeking a senior Treasury professional to lead cash management, liquidity, and banking relationships in a Hybrid Flex environment in North Carolina.

You will develop cash flow projections, implement policy improvements, mentor Treasury Analysts, and ensure compliance with banking regulations while optimizing returns.

Qualifications

• Bachelor's degree or advanced degree required with 8+ years of related experience.
• In lieu of degree, 10+ years of related experience accepted.
• CTP or equivalent designation; health insurance industry experience a plus.

Responsibilities

• Oversee cash management and treasury operations in line with company policy and recommend updates to policy statements.
• Provide guidance to Treasury Analysts on daily funding and ensure proper funding of all bank accounts.
• Develop cash flow projections to forecast short-, intermediate-, and long-term cash needs.
• Support Treasury Director in banking relationships, negotiate fees, manage bank accounts, and evaluate new bank services.
• Manage liquidity portfolio including deposits and short-term investments to maximize return while maintaining liquidity.
• Improve liquidity positioning through better deposit and disbursement techniques; stay updated on banking regulations and technology.
• Develop and maintain funds transfer security policies and related controls; document Treasury processes.
• Act as primary Treasury contact for financial reporting risk management testing and business continuity planning.

Skills

Treasury management

Policy development

Team guidance

Education

Bachelor's degree or advanced degree

In lieu of degree, 10+ years experience

Tools

Kyriba

Job description

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’s 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’s 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

About Us

It's an exciting time to work at Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Health care is changing, and we're leading the way. We offer more than health insurance our customers can count on. We’re committed to better health and better health care − in our communities and beyond. Our employees bring energy and creativity to the workplace, and it shows in our innovative approach to improving the health and well-being of North Carolinians. Blue Cross NC is a fully taxed, not-for-profit company headquartered in Durham, North Carolina. We serve more than 4.3 million members, and we employ more than 5,000 people across the country who are passionate about making health care better for all. Help us lead the charge for better health care by joining our award-winning team. Discover tremendous opportunities with us to do challenging and rewarding work. Opportunities that can lead you to a fulfilling career, work that can help others lead healthier, happier lives.

Authorization to Work in the United States

We use E-verify to confirm authorization to work in the United States. To learn more about E-Verify, including your rights and responsibilities, please visit E-Verify Overview for English or Visión General de E-Verify for Español.

Request Accommodations

Blue Cross NC provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application or hiring process, please notify HR at [e-mail]. Blue Cross NC is a Hybrid Flex company. Whether the 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 of our approved states: Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming