Treasury Director

Aspida Financial Services LLC•Durham, NC

16h•Hybrid

About The Position

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.

Requirements

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

Nice To Haves

CPA, CFA, of MBA preferred

Responsibilities

Know and understand various banking, investment, and treasury solutions. 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 the 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. Ensure the safety of corporate funds and assets through proper segregation of duties and access controls.