Vice President, Treasury & Investment Management (Hybrid)

CareFirst•Baltimore, MD

19h•Hybrid

About The Position

The VP, Treasury & Investment Management is responsible for the leadership and oversight of the CareFirst's Treasury and Investments function including collaboration with the Lead Asset Manager to optimize investment returns, manage cash flow and liquidity across all corporate entities, and manage corporate and intercompany debt. The VP develops policies and procedures related to all corporate finance matters, including the corporate investment and retirement plans portfolios, bank/lender relationships, cash management, and regulatory compliance. The VP leads capital strategy and execution in close coordination with the SVP of Finance, VP Controller, and key business leadership, ensuring that capital structure, liquidity, and investment decisions align with enterprise capital plans, regulatory requirements, and long-term financial strength.

Requirements

Bachelor's Degree in Finance, Accounting or similar related area of study.
12 years in Treasury and/or Investment Management.
7 years of leadership experience in Finance.
Detailed knowledge of Treasury Management products and services.
Ability to build strong and solid relationships with prospects, clients and employees.
Excellent verbal and written communication skills.
Outstanding presentation and facilitative skills.
Ability to influence and to work collaboratively across all levels of leadership.
Ability to work effectively within a highly matrixed environment.
Strong strategic thinking and analytical skills.
Proven ability to use data to drive performance improvement.
Must be eligible to work in the U.S. without Sponsorship.

Nice To Haves

MBA
Investment Industry Experience
Master's in Finance

Responsibilities

Oversee the Investment Management function in close coordination with the Lead Asset Manager and Sub-Asset Managers.
Ensure Asset Managers effectively manage the development and implementation of the strategic asset allocation policy.
Provide effective investment management to optimize returns and provide risk analytics reporting.
Develop and maintain relationships with external Investment Managers and custody banks.
Proactively manage CareFirsts relationship with Federal Home Loan Bank (FHLB), other key funding parties, financial institutions and regulatory agencies.
Ensure Diversity, Equity and Inclusion is considered and effected in the selection of investment managers.
Provide effective monthly, quarterly and annual investment performance reporting, risk analytics reporting and compliance certification for the investment portfolio.
Define and provide oversight of the treasury controls framework.
Oversee the cash management function including cash flow forecasting and analysis.
Ensure adequate liquidity of the consolidated investment portfolio for CareFirst and its subsidiary and affiliated companies to meet working capital needs.
Provide liquidity reporting, analysis and forecasting.
Ensures that capital structure, liquidity, and investment decisions align with enterprise capital plans, regulatory requirements, and long-term financial strength.
Advise Senior Management concerning funding recommendations to meet ongoing operational and capital investing requirements.
In collaboration with CareFirsts Corporate Development division, ensure appropriate and complete due diligence in all new business development activities and acquisitions.
Coordinate the integration of new business acquisitions into the financial structure of the company.
Serve as Treasurer for CareFirst's subsidiary and affiliated companies.
Develop Corporate Finance and Investment materials for presentation to the Board of Directors, the CareFirst Finance and Investment Committee of the Board of Directors, and CareFirsts Retirement Committee.
Collaborate with CareFirsts Corporate Legal Counsel to develop and maintain banking and broker resolutions.
Oversees the strategic and the day-to-day activities of the Department, including directing, coaching, and guiding associates to implement departmental, divisional, and organizational mission/goals.
Recruits, retains and develops a high performing team.
Evaluates performance of each team member, generates development plans and sets goals within the context of the corporate policies and procedures.
Develops annual goals, and prepares, monitors, and analyzes variances of departmental budgets to control and appropriately allocate resources.