Assistant Treasurer

Posted 7 Days Ago
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Parkway Villages, Houston, TX
Senior level
Financial Services
The Role
The Assistant Treasurer is responsible for managing treasury functions including bank relations, cash flow forecasting, and payment strategies. This role involves improving processes, monitoring compliance, and optimizing cash management activities to support the growth of the company. The individual will collaborate with IT and maintain relationships with banks and financial service providers while leading planning and execution of investment strategies.
Summary Generated by Built In

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.

We are an Equal Opportunity Employer

Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: www.corebridgefinancial.com

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected]. Reasonable accommodations will be determined on a case-by-case basis.


Functional Area:

FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

American General Life Insurance Company

The Company
HQ: Houston, TX
2,198 Employees
On-site Workplace

What We Do

At Corebridge Financial, we believe action is everything. That’s why every day we proudly partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. Because action is the bridge from planning to outcomes.​

Corebridge Financial is a new company, but not a new business. Formerly AIG Life & Retirement, we are one of the largest and most established providers of retirement solutions and insurance products in the United States.​

We deliver industry-leading products, platforms and services that move people toward a more secure tomorrow. Our balanced portfolio across the Corebridge enterprise—Individual Retirement, Retirement Services, Life Insurance and Institutional Markets—enables us to manage risk, maximize growth opportunities, and drive positive outcomes for those we serve. ​

We believe no one achieves a financially secure future by accident—great things happen when people take action.​

Products and services offered through wholly owned affiliates of Corebridge Financial.

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