State of Colorado: This information is provided per the Colorado Equal Pay Act. The pay range for this position in Colorado is $99,205-147,740 per year. Base pay varies depending on job-related knowledge, skills, experience and market location.
Internal Number: US07859
Position Overview
RGA’s culture stresses high performance and collaboration, and the company hires the smartest people in the industry. And, the smart people they hire are not just number crunchers. RGA values creativity and curiosity. RGA also values humility, and its employees work together without ego to bring value to RGA while revolutionizing the life and health insurance space.
The Director, Global Treasury provides support for the Treasury function through analytical, quantitative and research support for the Department, and leads initiatives to improve the utilization of cash and collateral resources. This position plays a key role in the department’s risk management initiatives helping to formulate the strategic objectives, and develop the tools and capabilities needed to support the objectives.
Responsibilities
Collaborates with Treasury and Structured Finance to develop the strategies, objectives, infrastructure, and processes to improve the efficient use of cash resources. Assists in establishing new securities lending and repo/reverse repurchase agreement arrangements.
Works with senior Treasury management in the execution of capital market transactions including debt financing, credit facilities, share repurchases, and other opportunistic strategies aimed at optimizing RGA’s capital structure. Provides support as needed.
Provides quantitative support for capital management, risk management and derivative activities on a monthly and quarterly basis. Works with Treasury Operations staff on reporting and payment requirements.
Works with Treasury team members in managing Treasury’s derivatives strategies. Responsible for quarterly derivatives contingent liquidity assessment. Knowledgeable of FX and interest rate derivatives and has a thorough understanding of FX spot and derivative trading (mechanics, mathematics, trading strategies, accounting, valuation, etc.).Identifies and proposes currency risk management strategies to protect RGA’s financial assets.
Provides support for Treasury’s letters of credit program, including budgeting, reporting, amendments and payment. Assists the Vice President, Capital Management in negotiating and establishing new letter of credit facilities.
Works with other RGA departments on financing and retrocessions and helps execute solutions for cash, collateral, and other needs.
Works with Treasury Operations staff to develop and implement effective and efficient cash management strategies and techniques while mitigating operational risks. Oversees Treasury’s derivative cash collateral pool, multi-lateral netting center operations including data protection, training and central bank operational compliance.
Impacts the results of the Treasury organization. Provides guidance in developing Treasury department goals and participates in efforts to recruit and retain staff. Tracks and maintains Global Treasury efficiency metrics.
Provides oversight and support for RGA’s Funding Desk initiatives.
Leads and supports projects related to Treasury operations.
Requirements
Education and Experience
Required:
8+ years’ experience in treasury or cash management, with a minimum 3-years’ experience in risk management activities, experience with FX and interest rate derivatives
Preferred:
Master’s degree in business discipline
Certified Treasury Professional (CTP) designation
Experience with PeopleSoft or other accounting software applications
Progress towards FLMI
Skills and Abilities
Required:
Experienced in risk management principles and tools, including advanced knowledge of derivatives, derivatives valuation, and accounting principles related to derivatives
Intermediate understanding of global capital markets including forms of debt issuance, lending arrangements, equity offering, derivatives and other capital markets products and structures.
Advanced Excel and Intermediate Word skills, familiarity with Tableau, pivot tables
Highly capable of managing multiple tasks and projects and/or teams simultaneously
Strong oral and written communication and organization skills
Strong ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
Knowledge of treasury operations, liquidity management and cash forecasting techniques
Skilled at identifying, analyzing and improving complex business processes by applying treasury expertise and business acumen
Takes initiative and is accountable
Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
Ability to work well with all levels of management and to work independently
Ability to work well within a team and participate in department projects and balance detail with departmental objectives
Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting and product development. Our mission is to enhance our clients’ prosperity by supporting their financial and risk management capabilities.