Assistant Treasurer
Corebridge FinancialAbout the role
Who we are
Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.
Summary of role
Experienced Treasury leader with responsibilities for managing a Bank Relations, Forecasting and Funding, and Payment Strategy team. This individual will improve internal and external relationships while designing and implementing best practices in treasury processes, including cash flow forecast and funding, to support the growth of the company. This person is a critical member of the Treasury and Finance team and can be responsible for the development and implementation of all treasury functions.
Scope of role
- Plan and direct strategic activities including prioritizing and selecting appropriate projects with overall responsibility for meeting business objectives
- Help establish and maintain internal controls
- Monitor and establish company-wide treasury policies/internal controls
- Drive/support the initiatives to optimize banking infrastructure and cash management processes
- Collaborate with IT in establishing and maintaining treasury and payment technology solutions including required interfaces, to support cash management activities
- Manage all global banking relationships and supports key relationships including senior management
- Maintain strong communications with banks and other financial service providers
- Prepare and present relevant reports to finance risk committee
- Develop a structure to work with business partners, shared services providers, and FP&A to optimize working capital
- Develop performance monitoring of service providers including third-party managers, trustees, and custodians
- Manage cash management functions including cash flow forecasting and analysis, preparation of the daily cash report, daily borrowings, and repayments
- Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting
- Monitor daily quarterly and annual compliance with loan agreements
- Lead the planning and execution of short-term investment and borrowing strategies
- Maintain and monitor disbursement authorization and disbursement accounting procedures
What we are looking for
- Graduate Degree in business/related field or professional certification preferred.
- 10 plus years’ experience in a Treasury leadership role preferably in the financial services industry.
- Excellent planning and problem-solving skills that will allow you to handle difficult or unexpected situations.
- Outstanding verbal and written communication, stakeholder management, and presentation skills to effectively work cross functionally throughout the organization.
- Ability to implement new strategies by analyzing market conditions to better align initiatives within the company’s overarching objectives.
What our employees like most about working for Corebridge Financial
- We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
- Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial, will give you up to 16 hours a year paid time off to volunteer in the community.
- Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
Benefits
- Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 27 PTO days to start. YES, 27! 17 paid holidays per calendar year.
- A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% into your 401K regardless of if you enroll or not.
For positions based in Jersey City, NJ, the base salary ran
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