Director of Investments Risks & Treasury Risks

Location
Hybrid Remote
Salary
Salary + benefits
Posted
25 May 2022
Closes
24 Jun 2022
Job Function
Insurance, Risk Management
Industry Sector
Asset Owner, Insurance
Employment Type
Full Time
Education
Bachelors
How Is This Role Important to Our Work?
  • The Investment & Treasury Risk Director will lead all aspects of enterprise investment and treasury activities. This includes but is not limited to strategic risk recommendations, assessment of financial market risks, identification of risks, development of risk mitigation plans, liquidity management risks across the enterprise, adherence to compliance programs, and development of board-related content. The Investment & Treasury Risk Director will work on multiple simultaneous projects at any given time, with primary responsibilities including providing strategic and treasury support on various initiatives, managing treasury risks from origination to execution, and coaching and mentoring diverse investment and treasury risk team members. In addition, this individual will serve as the Investment & Treasury Risk primary point of contact with senior management for risk and compliance support and strategic analysis. The Investment & Treasury Risk Director and team report directly to the Vice President of Treasury & Chief Investment Officer!
A Day in the Life:
  • Lead the development of proactive risk analysis of investment portfolio impacts from macro-economic trends. This includes using and/or recommending systematic tools or build-out of analytical modeling.
  • Assess investment and treasury strategies independently from a risk perspective to ensure collaborators and leaders are aware of the potential upside/downside to proposed strategies. This should be assessed also within the approved investment policies, RBC and other approved parameters.
  • Support the daily operations through reviews, development, and execution of risk monitoring through both operational and systematic controls and reports.
  • Lead development and management of compliance and risks programs. Serve as the primary contact for internal and external audits including Department of Commerce, Department of Health, the SEC, and the IRS.
  • Manage the maintenance of investment and treasury-related systems, including investment systems, Bloomberg, treasury systems, and any interfaces to general ledger systems.
  • Lead and ensures compliance reviews for the department are performed for appropriate investment committees and Board of Directors.
  • Inform leadership and other colleagues regarding current economic trends that may enhance business decisions and strategies in the department as well as the broader enterprise.
  • Lead the development of proactive analysis, solutions, and strategies to support enterprise strategies and related department, goals, and focus areas including but not limited to cost savings, operational improvements, and optimization.
  • Lead the development of analytics, peer comparisons, management reporting, and key performance indicators to manage respected accountabilities.
  • Lead development of forecasts and budgets and manage work accordingly to these commitments with explanations to deviations. Exemplify fiduciary stewardship over all financial assets! Adhere to conducting work through development and approved policies, processes, and controls to ensure compliance and to mitigate risks for the organization.
  • Assist the Vice President of Treasury & Chief Investment Officer on any other initiatives including but not limited to support on board and committed related content.
  • Serve as the lead representative and partner with colleagues and other leaders on enterprise cross-functional asks, initiatives, and projects.
  • Lead and develop a diverse talent by providing an inclusive environment that promotes diversity of thought and team engagement. This should include proactive coaching, career development conversations, and performance coaching and evaluation.
  • Nice to Have:

  • Bachelor's degree.
  • Progressive experience in Finance, Math, Economics, Accounting, Actuarial, Treasury, Investment, FP&A, or equivalent Finance field.
  • MBA or advanced degree in Finance or Finance-related area of study.
  • CFA, CTP, CPA, FRM, and/or CRMP
  • Demonstrated expertise in financial industry and insurance industry.
Additional Job Description
  • Required Skills and Experiences:
  • 7+ years of related professional experience, with 3+ years of management experience. All relevant experience including work, education, transferable skills, and military experience will be considered.
  • Expert knowledge of financial markets, enterprise treasury, investments, risk management and subsequent standard methodologies.
  • Strong leadership, communication, and collaboration skills to ensure Treasury and Investment objectives are communicated and understood.
  • Advanced knowledge of banking and investment legal and regulatory environment.
  • Excellent written and verbal communication skills with the ability to present complex treasury, investment, and accounting information clearly to boards, investment committees and executive staff.
  • Exceptional organizational and time management ability, with flexibility to handle a variety of challenging responsibilities and change priorities as needed.
  • Well-developed analytical and problem-solving skills, including understanding of complex investment concepts.
  • Broad knowledge of NAIC, SEC, and IRS rules and regulations.
  • Ability to interact effectively with internal and external customers.
  • Requires strong digital literacy in Bloomberg Analytics, FactSet, TMS systems (i.e., Kyriba) and Microsoft Access, Excel and Word.
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