Job Description Summary
The Director - Head of Treasury is a key role within ERAC Investments organization, reporting to the Head of Investment Operations & Treasury. This role will lead the treasury function for GE Aerospace's $45B insurance balance sheet, overseeing all aspects of Treasury; including capital markets, cash management, liquidity management, portfolio structuring and custody/banking operations. They will engage with key external and internal stakeholders to optimize the company's financial resources, developing/executing operational strategy, and managing financial risks.
Employers Reassurance Corporation (ERAC) is a reinsurance business unit and a corporate holding of GE Aerospace primarily focused on long-term care and life insurance.
Want more jobs like this?
Get jobs delivered to your inbox every week.
Job Description
Roles and Responsibilities
- Lead and develop a team of treasury professionals, fostering a culture of continuous improvement and innovation.
- Understand ERAC's business environment, including core drivers and cash needs, and develop treasury roadmap/strategies aligned to support business growth while minimizing risk.
- Manage and oversee daily cash and liquidity management activities, including but not limited to cash positioning, forecasting, funding, ST investments, transaction review/support etc.
- Manage and oversee custody account landscape and activity including but not limited to onboarding new investment mandates, setting up appropriate custody accounts, optimizing portfolio structure and asset movements/transitions across portfolio and trust structures.
- Strengthen banking/custody relationships and manage relationships with other Financial Institutions, business partners and others within the industry, collaborating to achieve business goals.
- Demonstrate leadership in strategic initiatives and streamlining treasury processes across the organization, while actively seeking continuous improvement opportunities.
- Enhance policies and procedures to ensure proper controls are in place for cash receipts, disbursements, asset movements and other activities.
Required Qualifications
- Bachelor's degree, preferably in a quantitative discipline
- 7+ years of experience in the financial services industry; 3+ years of experience in treasury and/or investment operations focused roles
- Familiarity with treasury & investment management systems such as FIS Quantum, Blackrock Aladdin, Clearwater Analytics etc.
Desired Characteristics
- Advanced degree (MBA, CFA) preferred
- Experience in capital markets a plus
- Ability to lead large scale initiatives and projects with multiple executive stakeholders
- Highly collaborative person, comfortable with conflict and debate normally associated with change
- The base pay range for this position is $152,000 to 202,900. The specific pay offered may be influenced by a variety of factors, including the candidate's experience, education, and skill set. This position is also eligible for an annual discretionary bonus based on a percentage of your base salary/ commission based on the plan. This posting is expected to close on March 15, 2025. Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.
General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.
GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE Aerospace will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: Yes
#LI-Remote - This is a remote position