Lead Manager - Treasury Operations

Location NC, United States
Experience level Experienced Hire
Job details sector Finance, Control and Strategy
Apply before Date not available

AXA Charlotte, NC Office Address: 8501 IBM Drive; Charlotte, NC


Reporting to the Senior Director of Treasury Operations, the Treasury Operations Lead Manager will supervise the Offshore Staff and be responsible for developing and implementing Vendor Management, Bank Analysis, and Project Management Strategy recommendations related to the Treasury Operations Function.  Primary objective is to assess, monitor, plan and manage the efficient utilization of Banking Partner Relationships in a manner consistent with the objectives of the Company. This includes Treasury Management (cash), Custody/Trust, and Money Market Fund utilization relating to the Treasury Operations Function. This role also Manages all operational aspects of the AXA Equitable Political Action Committee reporting to the PAC Assistant Treasurer.


Key Activities:
• Business Partner Management:
o Manage the Banking Relationship Committee - Meet periodically with the BRC to review Treasury Ops KPIs, monitor SLA compliance, discuss status of key business initiatives requiring Treasury Ops support, resolve performance issues and share industry insights regarding emerging banking capabilities that can be leveraged by business areas.  Ensure formal agendas are published for all meetings and minutes are published which summarize key points discussed and action items.
o Establish periodic check-ins with Head of Treasury Accounting and Treasury Corporate Finance to ensure alignment regarding key initiatives requiring Treasury Ops support; clarify of Roles and Responsibilities (R&Rs) and expectations for Treasury Ops from fellow Treasury areas.
o Partner with the AML team leadership and the newly formed Fraud Hub to aid in identification of fraudulent activity and resolution of fraud investigations.  Leverage bank relationships to share industry best practices on fraud prevention with the newly formed Fraud Awareness and Prevention Committee.

• Vendor Management – Banking Partners and Software Providers:
o Meet periodically with all key banking partners to review KPIs, monitor SLA compliance, resolve performance issues and understand emerging capabilities.  Ensure formal agendas are published for all meetings and minutes are published which summarize key points discussed and action items.
o Partner with SCM to identify frequency of conducting formal risk assessment process and ensure risk assessments are completed timely with issues identified and tracked for remediation.
o Monitor contract renewals and partner with SCM and Corporate Finance to conduct RFPs and/or renewal efforts to ensure contracts are negotiated in a timely manner with optimal cost savings achieved.
o Conduct regular benchmark studies of banks and their services and partner with business line clients to understand their cash management needs and ensure we are fully optimizing banking services.

• Daily review and approve the bank fee payment activities performed by offshore staff including:
o Management of bank fee payment process
o Reconciliation of bank fee balances and review posted activity for accuracy
o Approve bank fee payments
o Approve monthly accruals of unpaid bank fees
o Perform Offshore Staff responsibilities as needed to provide coverage and insure that related policies, procedures and job-aids reflect current processes and follow organizational control
o Advise on control improvements relating to operational efficiency

• Bank Fee Optimization
o Partner with Corporate Finance head and business line owners to maintain the annual budget for bank fees (December) and ensure Purchase Orders are paid timely, with monthly review of bank fee spend (actuals vs budget) to identify key cost drivers and opportunities to reduce bank fees.
o Quantify savings efforts on the Treasury Operations financial KPI dashboard and provide quarterly updates the CF Head and Corporate Finance lead.
• Statutory Reporting
o Manage Reporting of statutory deposits process
o Liaison with AXA Legal, State Regulators, and Repository institutions to support the placement and holding of required statutory deposits.
o Coordinate and ensure all internal and external reporting requirements are met: including but not limited to interest accrual and settlement, filing deposit and withdrawal state forms, etc.
o Perform Offshore Staff responsibilities as needed to provide coverage and insure that related policies, procedures and job-aids reflect current processes and follow organizational control
o Advise on control improvements relating to operational efficiency

• Manage and ensure all bank contract documentation, including authorized signers for
each bank and AXA entity, is maintained and updated on a regular basis

• Manage the activities and performance of the Offshore resources.  Provide training on systems and processes as needed.  Provide coaching, performance feedback and evaluation on an ongoing formal and informal basis.


• Bachelor's or Master's degree in Finance, Accounting, Economics, or Business
• 8+ progressive experience and responsibility in a Corporate Treasury role
• Financial services industry experience is a plus
• CTP designation strongly preferred
• 2+ years' experience managing/supervising subordinates, preferably in a treasury department environment
• Experience with liquidity management in a corporate environment including investment and borrowing activities
• Strong analytical and communication skills
• Ability to prioritize, manage multiple projects, and execute in a fast-paced and dynamic environment
• Detail oriented with a demonstrated ability for accuracy
• Knowledge of commonly-used finance concepts, practices, and procedures
• Operating experience with online bank platforms and ERP systems
• Familiarity with Treasury Management Systems a plus
• Familiarity with SWIFT a plus
• Advanced skills in Excel and Power Point, intermediate skills in all other Microsoft Office Suite applications


About AXA
We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
 
As an employer AXA is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA US has been recognized and certified as a great place to work by the Great Place to Work Institute.
 
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA. Almost 40% of our open jobs are filled with current employees.

NOTE: AXA participates in the E-Verify program.
 
In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.
 
AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.



Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.
 
In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
 
As an employer AXA is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA US has been recognized and certified as a great place to work by the Great Place to Work Institute.
 
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA.  Almost 40% of our open jobs are filled with current employees.


NOTE: AXA participates in the E-Verify program.

In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.

AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

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