Treasury Director

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

Benefits offered by this job

DOE

Long-Term Incentive Plan

Full Benefits Package

Job summary

LeoForce seeks a Treasury Director to lead the custody and trust accounts, optimize liquidity, and strengthen governance across treasury operations. The role partners with Finance, Investments, Legal, Risk, and external banks, reporting to the Treasurer.

On-site at Durham, NC headquarters three days per week. Responsibilities include managing daily liquidity, overseeing collateral, implementing treasury systems, and ensuring compliance with regulations.

Qualifications

• 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

Responsibilities

• Oversee treasury function, focusing on custody and trust accounts.
• Manage liquidity across custody and trust accounts for funding and deployment.
• Maintain custody and trust accounts to support investment accounting/operations.
• Oversee daily collateral and margin monitoring and movements.
• Understand laws and regulatory rules related to treasury.
• Assist with treasury management system implementation and maintenance.
• Monitor FHLB membership, pledged collateral, and borrowing capacity.
• Assist with reporting to Board, rating agencies, regulators, etc.
• Assist with management of credit facilities and funding structures.
• Ensure internal controls safeguarding corporate funds and assets

Skills

Treasury leadership

Custody & trust accounts

Cross-functional collaboration

Financial analysis

Regulatory compliance

Communication skills

Education

Bachelor's degree in accounting/finance

Tools

Microsoft Office

General ledger software

Job description

Treasury Director

Job Description

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

Job Details

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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

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

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