Treasury Director

Jobot; Durham (NC); On-site; USD 180,000 - 200,000; Full time

Benefits offered by this job

Long-Term Incentive Plan

Full Benefits Package Available

Job summary

Jobot in Durham, NC is seeking an experienced treasury leader to oversee custody and trust accounts, safeguard cash and assets, and optimize liquidity and regulatory compliance.

The role collaborates with Finance, Investments, Legal, and Risk, reports to the Treasurer, and requires onsite presence three days per week at our Durham headquarters. Salary range is $180,000–$200,000 per year.

Qualifications

• 10+ years of Treasury experience, including direct experience with custody and trust accounts.
• Strong understanding of custody banking, trust structures, investment operations.
• Experience with custodians, trustees, and bank counterparties in corporate, insurance, or asset management environments.
• Management experience and ability to lead cross-functional initiatives.
• Excellent verbal and written communication skills, with experience presenting to senior leadership.
• Bachelor's degree in accounting, finance, or related field; CPA, CFA, or MBA preferred.

Responsibilities

• Understand banking, investment, and treasury solutions, and provide solutions for more efficient banking processes.
• Manage daily and forecasted liquidity across custody and trust accounts to ensure sufficient funding and efficient capital deployment.
• Maintain custody and trust accounts to meet the needs of investment accounting and investment operations.
• Oversee daily collateral and margin monitoring and movements.
• Understand laws and regulatory rules related to the treasury function.
• Assist with the implementation and maintenance of a treasury management system to automate treasury connectivity with banks.
• Monitor FHLB membership, pledged collateral, and borrowing capacity.
• Assist with reporting to the Board of Directors, rating agencies, regulators, etc., as needed.
• Assist with the maintenance and management of credit facilities and other funding structures to ensure efficient use of capital and leverage.
• Ensure the integrity and effectiveness of internal controls related to treasury functions.

Skills

Treasury management

Custody & trust

Cross-functional leadership

Communication skills

Problem solving

Education

Bachelor's degree in accounting or finance

CPA or CFA or MBA preferred

Tools

Microsoft Office Suite

General ledger software

Job description

Job Details

This Jobot Job is hosted by: Hunter King

Salary: $180,000 - $200,000 per year

A bit about us

We are a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we're in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to us.

Why join us

Health & Wellness

• Medical insurance: choice of Traditional PPO or High Deductible Health Plan, both through Blue Cross & Blue Shield of North Carolina, with preventative care covered at 100%
• Dental insurance
• Vision insurance through VSP
• Flexible Spending Accounts

Financial

• 401(k) plan with a company match (reported around 5%)
• Tuition reimbursement, up to $5,000 per year after 12 consecutive months of full-time employment
• Employer-paid short-term and long-term disability

Time Off

• 20 days of PTO granted at the start of the year (prorated for new hires)
• Paid holidays, including Juneteenth
• "Roam Days," which let employees work remotely from anywhere
• 2 days of volunteer time off

Family & Support

• Parental leave
• Employee Assistance Program, giving employees and family members confidential access to counseling, legal support, and financial guidance

Other Perks

• Voluntary benefits: accident insurance, hospital indemnity plan, and pet insurance
• Employee development opportunities

Job Details

What We Are Looking For:
This Treasury team role is primarily responsible for overseeing the treasury function of the organization, with a particular focus on the administration, control, and optimization of the custody and trust accounts. This role ensures safeguarding of cash and investment assets, effective liquidity management, derivative settlement responsibilities, compliance with regulatory requirements, and strong governance over third-party service providers.
This role partners closely with Finance, Investments, Legal, Risk, and external banking counterparties.
We are seeking a driven self-starter with a solid understanding of the liquidity operations of an insurance company (including asset custody and settlement), accounting, and finance.
Communication skills are highly important, as well as the ability to problem-solve and manage multiple priorities in a fast-paced, collaborative environment.
This role will report to the Treasurer and is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do

• Understand various banking, investment, and treasury solutions, and provide solutions for more efficient banking processes.
• Manage daily and forecasted liquidity across custody and trust accounts to ensure sufficient funding and efficient capital deployment.
• Maintain custody and trust accounts to meet the needs of investment accounting and investment operations.
• Oversee daily collateral and margin monitoring and movements.
• Understand laws and regulatory rules related to the treasury function.
• Assist with the implementation and maintenance of a treasury management system to help better automate and manage treasury connectivity with our bank partners and internal customers.
• Monitor FHLB membership, pledged collateral, and borrowing capacity.
• Assist with reporting to the Board of Directors, rating agencies, regulators, etc., as needed.
• Assist with the maintenance and management of credit facilities and other funding structures to ensure efficient use of capital and leverage.
• Ensure the integrity and effectiveness of internal controls related to treasury functions, including the safety of corporate funds and assets through proper segregation of duties and access controls.

What We Provide

Salaried, DOE
Long-Term Incentive Plan
Full-Time
Full Benefits Package Available

What We Believe

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

We are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. We do not and will not discriminate in employment and personnel practices on the basis of race, sex, age, disability, religion, national origin, or any other basis prohibited by applicable law. Hiring, transferring, and promotion practices are performed without regard to the above listed items.

Requirements

What We Require

• 10+ years of Treasury experience, including direct experience with custody and trust accounts
• Strong understanding of custody banking, trust structures, investment operations, and asset servicing
• Experience working with custodians, trustees, and bank counterparties in corporate, insurance, or asset management environments
• Management experience
• Proven ability to manage complex cross-functional initiatives and external counterparties
• Attention to detail, commitment to accuracy, and eagerness to learn
• Experience organizing and prioritizing workload and meeting deadlines
• Excellent verbal and written communication skills, with experience presenting to senior leadership
• Bachelor's degree in accounting, finance, or related field
• Proficiency with Microsoft Office Suite and general ledger software
• CPA, CFA, or MBA preferred

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

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