Vice President, Treasurer

Summary/Function:
The Vice President, Treasurer will provide stewardship of the Company’s financial assets and lead an integrated enterprise approach to cash, liquidity, capital, funding, investments, collateral, and treasury risk. Working in conjunction with the Chief Financial Officer, this leader will develop and manage treasury strategies, operations, policies, controls, budgets, and reporting.

The incumbent will serve as a principal treasury advisor to management and a key point of contact with banks, rating agencies, insurance brokers, and other financial counterparties. This leader will partner closely with Finance, trading teams, Risk, Compliance, Operations, Legal, Tax, and Technology to maintain corporate liquidity and financial stability.

Qualifications:
•    Bachelor’s degree in accounting, finance, business, management, economics, or a related field is required; an MBA or other advanced degree is preferred.
•    10+ years of proven experience as a Treasurer or in a relevant senior financial role, preferably within a broker-dealer, capital-markets, wealth-management, investment-management, trust, or banking environment.
•    Thorough knowledge of financial legislation, regulation, practices, internal controls, and risk management.
•    Knowledge of broker-dealer net capital and reserve requirements, money markets, investment management, financing techniques, accounting, finance, and tax.
•    Demonstrated experience with cash and liquidity management, capital planning, funding, investments, collateral, banking relationships, forecasting, and stress testing.
•    Excellent leadership, judgment, communication, interpersonal, organizational, and decision-making capabilities.
•    Willingness and ability to satisfy applicable registration requirements, including passing the Securities Industry Essentials (SIE), Series 99, and Series 27 examinations, if required for the role.
•    Proficiency with Microsoft Office, Bloomberg, and financial-management software.

Duties:

Cash, Liquidity and Funding
•    Manage the Company’s daily cash movement, cash positioning, and short-term liquidity requirements.
•    Forecast cash-flow positions, borrowing requirements, and funds available for investment across the enterprise and relevant legal entities.
•    Ensure sufficient funds are available to meet operating, clearing, settlement, regulatory capital, and strategic investment requirements.
•    Advise management on the liquidity implications of short- and long-range plans, capital investments, new products, acquisitions, and other strategic initiatives.
•    Evaluate and execute funding alternatives, credit facilities, secured and unsecured financing, and contingency funding strategies consistent with approved risk parameters.

Capital and Balance-Sheet Management
•    Provide overall leadership for capital management and help develop financial policies relating to capital structure, working capital, treasury operations, and risk management.
•    Partner with Finance, Risk, Compliance, and business leaders to forecast capital needs and monitor capital adequacy across the parent company and regulated entities.
•    Maintain working knowledge of broker-dealer net capital and reserve calculation requirements and incorporate those requirements into planning and decision support.
•    Identify opportunities to improve capital efficiency and balance-sheet returns while preserving appropriate liquidity and regulatory buffers.
•    Provide advice on corporate finance matters, legal-entity funding, intercompany liquidity, and allocation of financial resources.

Trading, Investments, Collateral and Market Risk
•    Work closely with trading teams to understand their businesses, counterparties, cash usage, collateral needs, and balance-sheet requirements.
•    Create and maintain dashboards to monitor and stress test trading activity, liquidity consumption, concentration, and counterparty exposure.
•    Oversee investment of corporate cash and excess liquidity in accordance with approved policies, liquidity needs, counterparty limits, and risk appetite.
•    Monitor interest-rate, duration, concentration, counterparty, and liquidity risks arising from treasury activities and recommend appropriate mitigants.
•    Apply sound knowledge of money markets, investment management, and financing techniques to treasury decisions.

Banking and External Relationships
•    Maintain and strengthen relationships with banks, lenders, custodians, clearing organizations, rating agencies, insurance brokers, and other treasury counterparties.
•    Lead negotiations involving banking services, credit terms, fees, collateral arrangements, and treasury products.
•    Oversee bank-account governance, authorized signers, service administration, account rationalization, fraud-prevention controls, and counterparty review.

Policies, Regulatory Compliance and Controls
•    Develop and maintain policies and procedures that provide an appropriate level of control over treasury activities, cash movements, investments, borrowing, collateral, and bank administration.
•    Implement and support compliance with relevant laws, regulations, financial policies, and internal authorities.
•    Partner with Finance, Risk, and Compliance on capital and liquidity reporting, regulatory examinations, audits, recovery planning, and related submissions.
•    Stay current on financial legislation, regulation, and industry practices and translate relevant developments into practical recommendations.

Planning, Reporting and Technology
•    Prepare treasury budgets, monitor expenditures, and report significant variances and emerging requirements.
•    Produce timely reports on the Company’s current financial position, liquidity outlook, capital capacity, borrowing needs, investment balances, and forecast scenarios.
•    Develop executive dashboards and management information that support clear, timely decisions.
•    Improve forecast accuracy, data quality, controls, banking connectivity, treasury technology, and workflow automation.
•    Use Microsoft Office, Bloomberg, and financial-management applications effectively in treasury analysis and operations.

Leadership and Partnership
•    Advise the Chief Financial Officer and senior leaders on liquidity, capital, funding, balance-sheet capacity, and related risks.
•    Establish clear treasury governance, authorities, performance measures, operating routines, documentation, escalation protocols, and cross-training.
•    Communicate complex treasury matters in concise, decision-oriented terms to management, governance committees, and the Board, as requested.
•    Participate in audits, examinations, special projects, and investigations, and perform other responsibilities assigned by the Chief Financial Officer.

What we offer:
Competitive salary plus excellent benefits and perks including, but not limited to: 
•    Medical, dental and vision
•    Company 401(k)and ESOP contribution
•    Generous sick, vacation, and maternity/parental leave
•    Paid holidays
•    Professional development opportunities
•    Tuition reimbursement ($15,000 lifetime cap)
•    Discounted personal insurance including home, auto and recreational vehicles
•    Davidson Day of Giving – Our tradition of positively impacting communities in which we live and work!

The potential starting base salary range for this role is $142,000-$195,000. The compensation offered will be determined on a case-by-case basis considering a variety of factors including, but not limited to, the skills, relevant work experience, and geographic location of each specific candidate.