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Chubb · 1 month ago

Manager, Treasury Operations

510 Walnut Street, Philadelphia, PA, 19106, US

Full-time

Onsite

Mid Level

Chubb is a leading global insurance provider, and they are seeking a Manager, Treasury Operations to oversee the cash management function. This role involves managing cash resources, ensuring compliance with financial laws, and implementing process improvements within the Treasury department.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

H1B Sponsor Likely

Responsibilities

Oversee the cash management and payment operations of Treasury to ensure that all deadlines are being met

Assist the daily monitoring of cash positions and ensure adequate liquidity for operational needs and work to improve cash management

Develop and maintain detailed short-term and long-term cash flow forecasts

Work with payments team to ensure that manual third party payments requested of Treasury are processed and approved within the policy guidelines

Identify and implement strategies to optimize cash balances and minimize idle funds

Ensure treasury managed payments, including wire transfers, ACH payments and cash pooling are completed on time

Monitor and ensure compliance with company policies, internal controls and external regulations

Continuously improve the cash positioning process to maximize returns and minimize manual efforts

Evaluate short-term investment opportunities in alignment with the company's investment policies

Ensure compliance with investment guidelines and monitor returns on investments

Prepare daily, weekly and monthly cash reports for senior management

Conduct variance analysis and provide actionable insights into cash flow trends

Support external and internal audits related to cash and treasury operations

Supervise and mentor treasury analysts or cash management specialists

Delegate tasks effectively while fostering team development and engagement

Ensure adherence to best practices in cash management and treasury operations

Qualification

Cash managementTreasury operationsFinancial analysisInvestment strategiesCompliance monitoringProcess improvementTeam leadership

Required

Manage the entire cash management function including the development and management of systems for the effective collection of revenues and payment of obligations

Provide leadership and direction to ensure efficient use of cash resources, minimizing financial risk and maintaining banking relationships