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Mid level
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$90k–$110k/yr
Mid level
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Principal Data Science Engineer - Financial Crimes
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Washington Township, New Jersey, United States · On-site
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$120k–$205k/yr
Full-time
bachelor degree, professional certificate
Medical Plans, Dental Insurance, Vision Insurance, Prescription Drug Coverage, 401k With Matching, Paid Time Off
Posted 44d ago
~40 hrs/week
Responsibilities
Oversee global cash management operations to ensure adequate funding, liquidity, and fraud prevention across the organization. Lead a team of professionals to manage day-to-day operational activity, cash forecasting, and payment disbursement processes.
Requirements
Requires a bachelor's degree in Business, Accounting, or Finance with over 8 years of experience in a large Global Corporate Treasury setting. Proficiency in MS Excel and a Certified Treasury Professional (CTP) designation are highly desired.
Full job description
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
JOB SUMMARY
The Treasury Director supports the Vice President of Global Treasury Operations and drives cash management operations. This individual will lead a team of Treasury Cash Management professionals and be responsible for liaising across Corporate Finance, Accounts Payable, Arch Investment Management and business unit leadership for optimal service, control and efficiency.
This role will sit in one of the above listed offices, with two days in the office, three days remote.
Global Treasury, as a shared service, provides Treasury expertise and leadership to group initiatives. This individual will attract, retain, guide, and empower a team that will manage much of the day-to-day operational activity of cash management, cash forecasting and related processes.
This role is in-office/hybrid. At times, timing demands could be significant and travel may be occasionally required.
Essential RESPONSIBILITIES and ACCOUNTABILITIES
Oversee global cash management operations to ensure adequate funding for ongoing business operations, working capital fluctuations and strategic opportunities while practicing fraud prevention strategies and controls to mitigate risk of financial loss
Oversee payment disbursement processes to ensure timely, accurate, and controlled execution of payments, including appropriate approvals, funding validation, and compliance with internal controls and bank requirements
Maintain short-term cash flow forecasts
Ensure that the companies and their subsidiaries have adequate liquidity at all times to meet operating needs while minimizing operating cash balances
Identify, recommend, and implement best practice processes and procedures to centralize and integrate cash management for maximum security and efficiency while always maintaining fraud prevention strategies and controls to mitigate risk of financial loss
Develop and maintain metrics focused on operating cash levels and activity relating to Treasury initiatives
Develop and deliver clear, insightful presentations tailored for diverse audiences, including internal teams, external partners and senior management, to support informed decision-making and strategic alignment
Maintain a robust system of internal controls, policies, and procedures to ensure strong Treasury controls with responsibility to SOX, Internal Audit and external auditors
Supports all projects related to Treasury - providing analytical, research and planning support.
Work with business units on strategic initiatives related to receipts, disbursements, foreign currency, and bank service needs. Provide robust evaluation and articulate the pros/cons of available solutions and emerging trends.
Knowledge & Skills
Specific knowledge and expertise in payments including modern developments and international formats
Strong control orientation and focus on fraud prevention
Ability to collaborate and influence colleagues across complex organizations, within a shared services environment
Expertise in treasury operations, cash management, payroll services and investment concepts, practices and methods
Strong analytical, problem solving, decision-making, strategic thinking, and planning skills
High level of accuracy, attention to detail, and ability to work on multiple objectives at one time
Detailed understanding of capital planning, corporate finance, forecasting, investment concepts, practices and methods
Provide strong leadership and the ability to attract and retain strong performing individuals, setting a career path for direct reports in multiple locations
Ability to articulate strategies through strong communication and presentation skills
Candidate should be collaborative and unafraid to challenge status quo
Education & Experience
Required experience would typically be acquired through a BA/BS in Business, Accounting or Finance and 8+ years in a large Global Corporate Treasury Operations setting
Certified Treasury Professional (CTP) highly desirable
Prior experience in the insurance industry and knowledge of international clearing mechanisms, ERP systems, Treasury Management Systems and payment strategies preferable
Advanced proficiency with MS Office, especially Excel.
#LI-AT1
#LI-hybrid
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
For Raleigh: $120,000 - $160,000/year
For Greater NYC: $154,500 - $205,000/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.
We provide a wide range of property, casualty and specialty insurance for corporations, professional firms and financial institutions across the United States and Canada.
Our insurance group in North America consists of Arch Insurance Company, Arch Specialty Insurance Company and Arch Excess & Surplus Insurance Company. Arch Insurance Group's executive offices are located in New York City, with regional offices located in New York City (Northeast Region), Atlanta (Southeast Region), Chicago (Central Region) and San Francisco (Western Region), as well as other offices throughout the U.S. to support our business. Arch Insurance Company also operates a branch office in Toronto, Canada.
ACGL is a Bermuda public limited liability company that provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
Offices: 210 Hudson St, Jersey City, New Jersey, US
How much do Finance & Accounting jobs in New Jersey pay?
Based on 2979 listings with disclosed salaries, most finance & accounting jobs in New Jersey pay between $72k–$200k per year. Individual offers vary with seniority, company size, and specialization.
How many Finance & Accounting jobs are open in New Jersey right now?
There are currently 4,522 open finance & accounting positions in New Jersey listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in New Jersey?
Companies currently hiring include JPMorganChase, Bank of America, TD, PNC, Provident Bank, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Finance & Accounting jobs in New Jersey?
Yes — 1823 of the 4522 open finance & accounting positions offer remote or hybrid work (417 remote, 1406 hybrid).
How do I apply for Finance & Accounting jobs in New Jersey?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.