Reinsurance Group of America
VP & Assistant Treasurer
Reinsurance Group of America, Chesterfield, Missouri, United States, 63005
You desire impactful work.
Youre
RGA ready RGA is a purpose-driven organization working to solve todays challenges through innovation and collaboration. A Fortune 500 Company and listed among its
Worlds Most Admired Companies , were the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all. NOTE: RGA has retained the services of Russell Reynolds to help identify the best talent for this executive position. If you feel qualified for and interested in the position, please: Apply to this job posting.
Expect updates from RGA or Russell Reynolds
SUMMARY This position: Leads, manages, and directs RGA's global treasury functions including liquidity management, forecasting, treasury operations, bank relationship management, and foreign currency risk management and operations.
Plays a lead role in establishing and utilizing world-wide credit facilities, oversees the investment of operational cash and assists in the prudent management of derivatives within RGA.
Is accountable to ensure department alignment and coordination with all other areas of the company to achieve corporate business strategies and vision.
PRINCIPLE DUTIES Oversees all aspects of RGAs domestic treasury operations, balancing efficiency, security, control and cost. Implements new value-adding treasury products and services and discontinues services no longer needed or of low value. Controls the opening and closing of trust, custody, and operating bank accounts. Optimizes RGAs international banking structure and oversees international treasury operations. Develops and implements global treasury management best practices. Establishes and maintains global banking relationships and implements banking products and services to meet operational needs. Serves as RGAs subject matter expert on international treasury matters.
Oversees RGAs foreign currency risk management strategy and infrastructure. Identifies, assesses and monitors the companys foreign currency exposures. Develops effective F/X hedging strategies, presents to senior management then executes strategies. Will assume Chair of RGAs F/X Risk Management Committee.
Ensures the efficient and effective deployment of RGAs cash worldwide. Forecasts cash requirements for all Treasury -controlled bank accounts. Leads in the negotiation and establishment of RGAs world-wide credit facilities and manages the utilization thereof. Analyzes alternative financing sources and makes recommendations as appropriate. Works closely with Global Treasurer to negotiate and execute on new capital markets issuances. Manages the Companys Federal Home Loan Bank relationship.
Serves on various RGA risk committees and as an Officer with subject matter expertise tasked with the prudent management and governance of RGA legal entities.
Leads projects, including planning the scope, developing schedules, monitoring costs/budgets, allocating resources, delegating tasks and performing project work. Ensures project goals and deliverables are met. Designs, oversees, implements and communicates treasury policies, procedures, controls and Sarbanes Oxley compliance.
Leads and manages work area activities including, but not limited to, team/department workflow, establishing and monitoring quality goals, reviewing work completed by direct reports, ensuring quality treasury/cash management practices and communication to associates and management.
Performs management duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives clear guidance on associate development.
Works with other functional areas in RGA to achieve efficient and effective treasury and cash management practices and procedures, and responds to requests from other functional areas on various Treasury matters.
Collaborates with other members of the Finance leadership team to develop goals/plans/budgets that align with division and company objectives and then manages to those expectations.
EXPERIENCE QUALIFICATIONS 10+ years domestic treasury experience, with 3-5 years international treasury experience is required
7+ years of team leadership experience is required
Treasury workstation and Bloomberg experience is preferred
Insurance or reinsurance experience is preferred
EDUCATION & LICENSINGQUALIFICATIONS Bachelors Degree in Arts/Sciences (BA/BS) in Finance, Economics, Accounting, or related Business discipline is required
Masters degree in Arts/Sciences (MA/MS) in business is preferred
CTP or CCM certification is preferred
Progress towards FLMI is preferred
SKILLS REQUIREMENTS Expert knowledge of domestic and international treasury and banking concepts, products and services.
Expert knowledge of cash management practices and cash forecasting techniques, including direct and indirect cash forecasting methods.
Highly advanced knowledge of currency risk management and risk mitigation tools including knowledge of currency derivatives, and accounting for currency exposures and derivatives.
Highly advanced knowledge of international currency markets, global economics and the foreign currency regulatory environment.
Highly advanced knowledge of global securities settlement processes including private securities and global debt capital markets, including short-term investments and short-term credit markets.
Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
Highly advanced ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies.
Highly advanced skills in translating business needs and problems into viable and accepted solutions.
Highly advanced people leadership skills, demonstrating an ability to lead, mentor and develop associates at varying degrees of proficiency at embracing change.
Highly advanced skills in managing multiple tasks and projects simultaneously, including the ability to delegate key areas of responsibility.
Highly advanced skills in implementing change, ensuring understanding, participation and ownership within your team and adjacent partnerships.
Advanced knowledge of collateral principles, strategies, collateral structures, and collateral risks.
Advanced ability to investigate, analyze and solve complex problems/issues.
Advanced persuasion skills when working with internal and external partners to resolve issues/problems.
Proficient at designing, negotiating and establishing complex collateral arrangements.
What you can expect from RGA: Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
Join the bright and creative minds of RGA, and experience vast, endless career potential.
Compensation Range: $209,700.00 - $312,600.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits. RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws. #J-18808-Ljbffr
Youre
RGA ready RGA is a purpose-driven organization working to solve todays challenges through innovation and collaboration. A Fortune 500 Company and listed among its
Worlds Most Admired Companies , were the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all. NOTE: RGA has retained the services of Russell Reynolds to help identify the best talent for this executive position. If you feel qualified for and interested in the position, please: Apply to this job posting.
Expect updates from RGA or Russell Reynolds
SUMMARY This position: Leads, manages, and directs RGA's global treasury functions including liquidity management, forecasting, treasury operations, bank relationship management, and foreign currency risk management and operations.
Plays a lead role in establishing and utilizing world-wide credit facilities, oversees the investment of operational cash and assists in the prudent management of derivatives within RGA.
Is accountable to ensure department alignment and coordination with all other areas of the company to achieve corporate business strategies and vision.
PRINCIPLE DUTIES Oversees all aspects of RGAs domestic treasury operations, balancing efficiency, security, control and cost. Implements new value-adding treasury products and services and discontinues services no longer needed or of low value. Controls the opening and closing of trust, custody, and operating bank accounts. Optimizes RGAs international banking structure and oversees international treasury operations. Develops and implements global treasury management best practices. Establishes and maintains global banking relationships and implements banking products and services to meet operational needs. Serves as RGAs subject matter expert on international treasury matters.
Oversees RGAs foreign currency risk management strategy and infrastructure. Identifies, assesses and monitors the companys foreign currency exposures. Develops effective F/X hedging strategies, presents to senior management then executes strategies. Will assume Chair of RGAs F/X Risk Management Committee.
Ensures the efficient and effective deployment of RGAs cash worldwide. Forecasts cash requirements for all Treasury -controlled bank accounts. Leads in the negotiation and establishment of RGAs world-wide credit facilities and manages the utilization thereof. Analyzes alternative financing sources and makes recommendations as appropriate. Works closely with Global Treasurer to negotiate and execute on new capital markets issuances. Manages the Companys Federal Home Loan Bank relationship.
Serves on various RGA risk committees and as an Officer with subject matter expertise tasked with the prudent management and governance of RGA legal entities.
Leads projects, including planning the scope, developing schedules, monitoring costs/budgets, allocating resources, delegating tasks and performing project work. Ensures project goals and deliverables are met. Designs, oversees, implements and communicates treasury policies, procedures, controls and Sarbanes Oxley compliance.
Leads and manages work area activities including, but not limited to, team/department workflow, establishing and monitoring quality goals, reviewing work completed by direct reports, ensuring quality treasury/cash management practices and communication to associates and management.
Performs management duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives clear guidance on associate development.
Works with other functional areas in RGA to achieve efficient and effective treasury and cash management practices and procedures, and responds to requests from other functional areas on various Treasury matters.
Collaborates with other members of the Finance leadership team to develop goals/plans/budgets that align with division and company objectives and then manages to those expectations.
EXPERIENCE QUALIFICATIONS 10+ years domestic treasury experience, with 3-5 years international treasury experience is required
7+ years of team leadership experience is required
Treasury workstation and Bloomberg experience is preferred
Insurance or reinsurance experience is preferred
EDUCATION & LICENSINGQUALIFICATIONS Bachelors Degree in Arts/Sciences (BA/BS) in Finance, Economics, Accounting, or related Business discipline is required
Masters degree in Arts/Sciences (MA/MS) in business is preferred
CTP or CCM certification is preferred
Progress towards FLMI is preferred
SKILLS REQUIREMENTS Expert knowledge of domestic and international treasury and banking concepts, products and services.
Expert knowledge of cash management practices and cash forecasting techniques, including direct and indirect cash forecasting methods.
Highly advanced knowledge of currency risk management and risk mitigation tools including knowledge of currency derivatives, and accounting for currency exposures and derivatives.
Highly advanced knowledge of international currency markets, global economics and the foreign currency regulatory environment.
Highly advanced knowledge of global securities settlement processes including private securities and global debt capital markets, including short-term investments and short-term credit markets.
Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
Highly advanced ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies.
Highly advanced skills in translating business needs and problems into viable and accepted solutions.
Highly advanced people leadership skills, demonstrating an ability to lead, mentor and develop associates at varying degrees of proficiency at embracing change.
Highly advanced skills in managing multiple tasks and projects simultaneously, including the ability to delegate key areas of responsibility.
Highly advanced skills in implementing change, ensuring understanding, participation and ownership within your team and adjacent partnerships.
Advanced knowledge of collateral principles, strategies, collateral structures, and collateral risks.
Advanced ability to investigate, analyze and solve complex problems/issues.
Advanced persuasion skills when working with internal and external partners to resolve issues/problems.
Proficient at designing, negotiating and establishing complex collateral arrangements.
What you can expect from RGA: Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
Join the bright and creative minds of RGA, and experience vast, endless career potential.
Compensation Range: $209,700.00 - $312,600.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits. RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws. #J-18808-Ljbffr