Blue Cross and Blue Shield of Minnesota · 3 months ago
Principal Treasury Analyst
Eagan, MN
Full-time
Hybrid
Senior Level, Lead/Staff
$100K/yr - $170K/yr
7+ years expBlue Cross and Blue Shield of Minnesota is committed to transforming healthcare and is looking for a Principal Treasury Analyst to support enterprise Treasury activities. This role involves strategic treasury recommendations, liquidity management, and financial modeling, while working on multiple projects and reporting directly to the Treasury Director.
Insurance
Responsibilities
Participate in and assist with efficient cash management and cash forecasting of all corporate cash assets to ensure appropriate liquidity is available for operations and strategic purposes
Participate in and assist with strategies to efficiently utilize capital and ensure capital is optimized across the enterprise. This includes assessment of balance sheet management and internal rate of return
Participate in and assist with develop capital market strategies by assessing enterprise needs and market conditions. This includes use of lines of credit, bank facilities, and/or bonds
Participate and assist with management of investor relation activities including analysis preparations and management presentations for financial partners, stakeholders, and all bond debt holders
Participate and assist with the daily cash positioning, accounting and reconciliation of enterprise bank accounts
Conducts industry, market, and company research
Develops financial models for short-term investment opportunities and strategic initiatives
Participate in and assist with the preparation and presentation of the annual enterprise rating agencies process, including but not limited to the analysis of financial and operating information
Provides financial, analytical, and project management support for financial and operational due diligence processes
Assist with the development of analytics, peer comparisons, management reporting, and key performance indicators (KPIs)
Participate in and assist with the preparation of monthly, quarterly, and annual reports, including budget/forecasting cycles
Adhere to conducting work through development and approved policies, processes, and controls to ensure compliance and to mitigate risks for the organization
Supports team members in the creation of presentation materials for senior management and executive leaders
Establish, develop, and maintain effective relationships with and treasury contact network to maximize the flow of information and enhance the research process
Knowledge of all Enterprise treasury & investment policies and guidelines and their applicability to relevant entities
Provide research and decision support related to special projects as needed
Continuously look for methods of improvement
Mentoring of junior staff
Qualification
Required
7+ years of related professional experience. All relevant experience including work, education, transferable skills, and military experience will be considered
Knowledge of financial markets, enterprise treasury, investments, risk management and subsequent best practices
Strong communication and collaboration skills to ensure Treasury and Investment objectives are communicated and understood
Knowledge of banking and investment legal and regulatory environment
Strong written and verbal communication skills with the ability to present complex treasury, investment, and accounting information clearly to senior management
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
Ability to interact effectively with internal and external customers
Requires strong computer skills in Bloomberg Analytics, FactSet, TMS systems (i.e., Kyriba) and Microsoft Access, Excel and Word
High school diploma (or equivalency) and legal authorization to work in the U.S
Preferred
Bachelor's degree
MBA or advanced degree in Finance or Finance-related area of study
CFA, CTP, CPA, FRM, and/or CRMP
Demonstrated knowledge in financial industry and insurance industry
Knowledge of NAIC, SEC, and IRS rules and regulations
Benefits
Medical, dental, and vision insurance
Life insurance
401k
Paid Time Off (PTO)
Volunteer Paid Time Off (VPTO)
And more
Company
Blue Cross and Blue Shield of Minnesota
About Blue Cross Blue Cross and Blue Shield of Minnesota is a taxable, nonprofit organization with a mission to make a healthy difference in people’s lives.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Carrie S. Lawrence
Executive Administrator to the President & CEO and Chief of Staff
Patsy Riley
Chief Goverment Officer and Senior Vice President and CEO, ClearStone Solutions
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