FLSA Status: Exempt Months Per Year: 12 Hours Per Week: 37.5
Position Description POSITION SUMMARY: The Director of Treasury & Risk Management is responsible for overseeing all Treasury functions of the University, including Treasury operations, Endowment (OCIO model), Insurance, Debt, Credit and Risk management. Additionally, this position will participate in several Committees where her/his expertise will be required. This position reports directly to the CFO and Vice President for Finance and Business Affairs and has the Controller, Budget Director, Procurement Director, Facilities AVP and Executive Coordinator as peers.
ESSENTIAL JOB FUNCTIONS: Treasury The Director of Treasury & Risk Management has primary responsibility for Treasury operations for the University including investments and cash management. This includes the maintenance of a Short-Term Investment Policy, cash flow projections and collaboration with the Controller's Office to ensure liquidity to meet the University's financial commitments. This position serves as the primary contact for the University with banks and investment providers, with the overall responsibility to establish and maintain a cost-effective banking relationship in order to ensure that the University's cash assets are protected. This position also oversees credit card system implementations and credit card security, partnering with Information Technology Services and the Controller's Office. This position will review and make decisions regarding technology solutions for Treasury.
Endowment The Director of Treasury and Risk Management manages the endowment and restricted gift funds. This position supports the Board of Trustee's Investment Committee, working closely with the University's OCIO to provide recommendations on the portfolio construction, driving adherence to investment policy guidelines, asset allocation, spending policy, risk management, monthly performance reporting and striving to exceed performance benchmarks. This position serves as the primary contact for and oversees the contract with the University's OCIO.
Insurance This position will be the primary contact for the insurance broker on all issues relating to the insurance portfolio at the University. This includes completing all required applications on an annual basis in collaboration with the Office of University Counsel, reviewing the premiums for the policies with the broker, working closely with the Office of University Counsel to ensure that insurable risk coverages correspond to risk levels and the university-wide risk management system and working with the applicable insurance provider in processing major loss claims.
Debt The Director of Treasury & Risk Management is responsible for the University's debt portfolio, including - post issuance compliance requirements and evaluating the market to identify opportunities to refinance existing debt. This position will be the primary contact for the university for WHEFA (Washington Higher Education Facilities Authority), bond counsel and underwriters. This position will collaborate with the Office of University Counsel in post-issuance bond compliance and in seeking legal advice from bond counsel.
Credit The Director of Treasury & Risk Management is responsible for managing the University's bond rating with Standard & Poors. This includes staying informed on the most current S & P rating process and Higher Education Outlook, compiling and providing the requested information and coordinating the rating call on an annual basis.
Committees In addition to the Investment Committee, the Director of Treasury & Risk Management is an active member and provides investment expertise to the Socially Responsible Investment Advisory Working Group and the Retirement Plan Investment Committee.
Enterprise Risk Management (ERM) This position will also provide direct support to the Office of University's Counsel in building and supporting the Enterprise Risk Management Working Group to implement and champion a risk management system that actively identifies and assesses risks and opportunities in order to maintain university risk at an acceptable level as determined by its leadership, and by influencing strategic direction and decision making as it relates to informed risk taking.
Audit The Director of Treasury will support the Controller's Office providing oversight and investment information to the University's external auditor in preparing the fiscal year-end audited financial statements and endowment-related footnote support. This position will collaborate closely with the Controller to ensure that controls designed to mitigate risks are effective.
Qualifications MINIMUM QUALIFICATIONS: • Bachelor's degree in accounting or business and at least ten years of progressively responsible financial management experience. • Certified Treasury Professional designation. • Non-profit Treasury experience. • Relevant risk management experience • Excellent analytical and project management skills • Excellent writing and communication skills. • Must be able to prioritize and organize activities and accomplish multiple tasks in a fast-paced work environment. • All candidates must show a demonstrated commitment to diversity and the university's mission vision and values. • Team player and strong collaboration and interpersonal skills. • High level proficiency using Microsoft Office. • This position requires a criminal history background check.
PREFERRED QUALIFICATIONS: • Higher education experience. • Master's in Business Administration with a concentration in finance or accounting. • Strong presentation skills with the ability to present financial information in a meaningful and appropriate format for a wide variety of audiences.
Benefits at a Glance Consistent with its fundamental Jesuits value, Seattle University offers a wide range of benefits designed to care for the whole person. Choose from three different medical plans, a dental and vision insurance programs. You may also take advantage of 100% tuition remission benefits for the employee and dependents, a subsidized transportation benefit, a wellness program with an onsite fitness facility, and a wide variety of campus events. Enjoy a generous holiday schedule, including a paid Christmas break closure, vacation and paid sick leave, and paid community service leave. For more information explore the Benefits website at: https://www.seattleu.edu/hr/benefits/
Application Instructions Applicants are also strongly encouraged to attach an electronic cover letter and resume when applying. Persons who need assistance with the recruitment process may contact the Office of Human Resources at: 206-296-5870. Job postings are open until filled, unless otherwise specified.