Vice President, Treasurer

D.A. Davidson • Seattle, MT

27d

About The Position

The Vice President, Treasurer provides stewardship of the Company’s financial assets and leads an integrated enterprise approach to cash, liquidity, capital, funding, investments, collateral, and treasury risk. Working with the Chief Financial Officer, this leader develops and manages treasury strategies, operations, policies, controls, budgets, and reporting. The role serves as a principal treasury advisor to management and a key contact for banks, rating agencies, insurance brokers, and other financial counterparties. It partners with Finance, trading teams, Risk, Compliance, Operations, Legal, Tax, and Technology to maintain corporate liquidity and financial stability.

The Treasurer leads cash, liquidity, funding, capital, balance-sheet management, investments, collateral, banking relationships, regulatory compliance, controls, planning, reporting, and treasury technology. The role advises the CFO and senior leaders, communicates treasury matters to management, governance committees, and the Board as requested, and participates in audits, examinations, special projects, and investigations. Other responsibilities may be assigned by the Chief Financial Officer.

Requirements

• Bachelor’s degree in accounting, finance, business, management, economics, or a related field.
• 10+ years of proven experience as a Treasurer or in a relevant senior financial role.
• Thorough knowledge of financial legislation, regulation, practices, internal controls, and risk management.
• Knowledge of broker-dealer net capital and reserve requirements, money markets, investment management, financing techniques, accounting, finance, and tax.
• Demonstrated experience with cash and liquidity management, capital planning, funding, investments, collateral, banking relationships, forecasting, and stress testing.
• Excellent leadership, judgment, communication, interpersonal, organizational, and decision-making capabilities.
• Willingness and ability to satisfy applicable registration requirements, including passing the Securities Industry Essentials (SIE), Series 99, and Series 27 examinations, if required for the role.
• Proficiency with Microsoft Office, Bloomberg, and financial-management software.

Nice To Haves

• MBA or other advanced degree.
• Experience preferably within a broker-dealer, capital-markets, wealth-management, investment-management, trust, or banking environment.

Responsibilities

• Manage daily cash movement, cash positioning, and short-term liquidity requirements.
• Forecast cash-flow positions, borrowing requirements, and funds available for investment across the enterprise and relevant legal entities.
• Ensure sufficient funds are available for operating, clearing, settlement, regulatory capital, and strategic investment requirements.
• Advise management on liquidity implications of plans, capital investments, new products, acquisitions, and other strategic initiatives.
• Evaluate and execute funding alternatives, credit facilities, secured and unsecured financing, and contingency funding strategies within approved risk parameters.
• Lead capital management and help develop financial policies relating to capital structure, working capital, treasury operations, and risk management.
• Partner with Finance, Risk, Compliance, and business leaders to forecast capital needs and monitor capital adequacy across the parent company and regulated entities.
• Incorporate broker-dealer net capital and reserve calculation requirements into planning and decision support.
• Identify opportunities to improve capital efficiency and balance-sheet returns while preserving appropriate liquidity and regulatory buffers.
• Advise on corporate finance matters, legal-entity funding, intercompany liquidity, and allocation of financial resources.
• Work with trading teams to understand their businesses, counterparties, cash usage, collateral needs, and balance-sheet requirements.
• Create and maintain dashboards to monitor and stress test trading activity, liquidity consumption, concentration, and counterparty exposure.
• Oversee investment of corporate cash and excess liquidity in accordance with approved policies, liquidity needs, counterparty limits, and risk appetite.
• Monitor treasury-related interest-rate, duration, concentration, counterparty, and liquidity risks and recommend mitigants.
• Maintain and strengthen relationships with banks, lenders, custodians, clearing organizations, rating agencies, insurance brokers, and other treasury counterparties.
• Lead negotiations involving banking services, credit terms, fees, collateral arrangements, and treasury products.
• Oversee bank-account governance, authorized signers, service administration, account rationalization, fraud-prevention controls, and counterparty review.
• Develop and maintain policies and procedures controlling treasury activities, cash movements, investments, borrowing, collateral, and bank administration.
• Implement and support compliance with relevant laws, regulations, financial policies, and internal authorities.
• Partner with Finance, Risk, and Compliance on capital and liquidity reporting, regulatory examinations, audits, recovery planning, and related submissions.
• Monitor developments in financial legislation, regulation, and industry practices and translate them into practical recommendations.
• Prepare treasury budgets, monitor expenditures, and report significant variances and emerging requirements.
• Produce reports on the Company’s financial position, liquidity outlook, capital capacity, borrowing needs, investment balances, and forecast scenarios.
• Develop executive dashboards and management information to support timely decisions.
• Improve forecast accuracy, data quality, controls, banking connectivity, treasury technology, and workflow automation.
• Advise the Chief Financial Officer and senior leaders on liquidity, capital, funding, balance-sheet capacity, and related risks.
• Establish treasury governance, authorities, performance measures, operating routines, documentation, escalation protocols, and cross-training.
• Communicate complex treasury matters in concise, decision-oriented terms to management, governance committees, and the Board, as requested.
• Participate in audits, examinations, special projects, and investigations, and perform other responsibilities assigned by the Chief Financial Officer.

Benefits

• Medical, dental, and vision coverage.
• Company 401(k) and ESOP contribution.
• Generous sick, vacation, and maternity/parental leave.
• Paid holidays.
• Professional development opportunities.
• Tuition reimbursement, with a $15,000 lifetime cap.
• Discounted personal insurance, including home, auto, and recreational vehicles.
• Davidson Day of Giving, a tradition of positively impacting communities where employees live and work.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive