• Director, Assistant Treasurer

    Job Locations US-NC-Greensboro
    Job ID
    # of Openings
  • Overview

    The Treasury Director supports the Treasurer and drives Treasury and governance initiatives aimed at increasing the scalability and automation of cash management and Treasury Operations.


    Management of direct reports; overseeing Treasury Operations including administration of bank platforms, daily cash management, and treasury policies and procedures to support Arch MI financial governance. Responsible for control and governance of handovers and touchpoints with internal and Arch group departments: including Accounts Payable, Accounting, Policy Servicing, and AIM.


    Responsible for initial contract negotiations and evaluation of services, optimization of company bank account structure and account services, management of liquidity needs, and improvement of overall controls and visibility.



    Arch MI is a new and growing mortgage insurance company with a strong and global parent – Arch Capital Group Ltd.  If you’re interested in joining a dynamic company and working with a team of motivated, high caliber people, apply today and come grow with us!


    1. Identify, recommend, and implement best practice processes and procedures to centralize and integrate cash management for maximum security and efficiency. Includes fraud prevention strategies, products, technologies, initiatives, and controls to mitigate risk of financial loss.
    2. Ensure that the companies and their subsidiaries have adequate liquidity at all times to meet operating needs.
    3. Implement, administer and monitor treasury management systems; includes user training, regular security access reviews and appropriate functionality.
    4. Ensure effective segregation of duties, internal controls and appropriate access rights in Treasury operations and online payment processing systems.
    5. Maintain and cultivate relationships with third party service providers (banks, custodian, treasury system, etc.); perform regular due diligence on the providers to ensure financial viability and stability.
    6. Serve as a Treasury Subject Matter Expert on cross-functional teams for new business ventures, business process improvements, new/enhanced technology projects and other integrations.
    7. Maintain Departments of Insurance pledged collateral accounts.
    8. Maintain short-term cash flow forecasts
    9. Assess the impact of and ensure compliance with legal and regulatory mandates regarding Treasury operations (banking, etc.); monitor current economic and market conditions and trends.
    10. Develop and sustain an effective business continuity plan for Treasury operations, payment disbursements, and receipt collection processing to effectively identify system and resource contingency procedures.
    11. Manages staff to accomplish results through effective recruitment, selection, performance management, development and recognition.





    Knowledge & Skills:

    1. Expertise in treasury operations, cash management, payroll services and investment concepts, practices and methods.
    2. Strong analytical, problem solving, decision-making, strategic thinking, and planning skills. High level of accuracy and attention to detail.
    3. Advanced financial, statistical, and quantitative modeling skills.
    4. Ability to take initiative, collaborate and lead.
    5. Strong business acumen and ability to see the big picture.
    6. Excellent communication (written/verbal), interpersonal, and presentation skills to effectively interface with and influence internal/external contacts.
    7. Project and vendor management skills.
    8. Advanced proficiency with MS Office, especially Excel.

    Education & Experience:


    Experience of detailed system implementation and consildation in an M&A environment highly beneficial. Required experience would typically be acquired through a BA in finance or related fields and 5-8 years Corporate Treasury or related experience, or an MBA plus 3-5 years experience. Certified Treasury Professional (CTP), CPA, and/or CFA highly desirable.




    About Our Company

    Arch Mortgage Insurance Company is the flagship U.S.-based mortgage insurer of Arch Capital Group Ltd., a leading insurance and reinsurance company operating through its subsidiaries worldwide. Based in Greensboro, North Carolina, our company is committed to our employees and our customers.  Our Total Rewards package offers competitive pay and valuable benefits.  Plus you’ll have access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth.


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