What are the responsibilities and job description for the Professional Treasury Officer position at Swiss Re?
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.
Position summary:
- Manages, monitors and reports daily cash management account balances, investment and operational transactions and coordinates short-term investment transactions. Ensures adequate liquidity availability, cash concentration and account fundings. Prepares cash flow projections and liquidity reports. Maintains Treasury Workstation.
Essential Responsibilities –
- Performs daily cash management functions including retrieval of bank information related to funds transfer, investment security/operational transactions, derivative and FX trades along with cash balances.
- Produce, analyze and maintain daily cash reports for cash availability and forecasting that identifies and tracks sources and uses of funds within investment and operating accounts.
- Determine and coordinate the investment of daily surplus cash.
- Process, verify and execute funding transfers to facilitate cash concentration, account fundings and adequate liquidity.
- Coordinate daily journal entries/interfaces with cash operations.
- Resolve all cash related issues in a timely manner
- Gather and interpret cash flow and other financial data
- Manage the opening/closing of bank accounts, maintaining all related documentation and approvals.
- Work with Director to coordinate the integration of new business blocks and company acquisitions into Treasury.
- Develop and maintain proficient understanding of Quantum.
Ancillary Responsibilities -
- Assists in the development of bank relationships
- When required, works as an intermediatry between the business and the clearing bank
- Books internal foreign exchange trades as needed
- Involved in project work, rfp's, and other adhoc analytical work .
- Maintain an understanding of bank custody safekeeping / treasury management systems
- Manages short term investments in trust and escrow accounts
Requirements - .
- Bachelor's Degree in Accounting, Finance or Business Administration
- One to three years experience in corporate treasury / cash management
- Certified Treasury Professional (CTP) designation
- Skilled with MS Office
- Knowledge of bank treasury and treasury workstation systems
- Organisation, time management, analytical, communication and decision making skills
- Position has latitude to make final decisions within a frame work of treasury policies
- Supervison is as needed for unique situations that occur
- Impact of errors would result in lost investment opportunity or overdraft charges
- 7am start time
- Workload is front loaded in work day