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JOB SUMMARY

Assist in the global banking administration function, as well as the administration of related banking and treasury systems for Arch Capital Group, supporting the Treasury function and all goals and objectives of the team. 

Promote consistency of process across a range of Treasury responsibilities throughout the group while seeking opportunities for improvement and to support all business units and corporate functions.  Provide Treasury expertise to group initiatives and drive enterprise value through contribution to various projects, participating in review and challenge of objectives and outcomes.  Liaise with contacts, both with business units and corporate teams to collaborate on any matters related to bank administration.

Candidate must be willing and able to adapt to changing business demands, while managing a range of objectives and to work with a diverse global group of internal partners.

Essential RESPONSIBILITIES and ACCOUNTABILITIES

1.     Liaise with banks for daily operational needs.

2.     Maintain and administer the Treasury Management System and all electronic banking portals, ensuring the internally maintained master database is up to date.

3.     Cultivate and maintain relationships with third party service providers (operating banks, custodian banks) and other Treasury related functional areas across Arch.

4.     Perform bank administration activities such as account opening/closing, portal user creation/entitlements, settlement instruction validation, bank fee analysis, banking service evaluation and other Treasury activities as needed.

5.     Analyze monthly bank account analysis to identify unnecessary fees and services, while optimizing ECR, sweeps and interest.

6.     Support the implementation of innovative cash management and fraud prevention strategies, products, technologies, initiatives and controls.

7.     Support all project related activity for Treasury - providing analytical, research and planning support.

8.     Support the ownership of governance initiatives and provide regular reporting to identify areas of non-compliance or potential violation and remedy accordingly.

Knowledge & Skills

1.     Action oriented and self-motivated to bring tasks to conclusion, on time, through a combination of collaboration and independent contribution.

2.     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 any one time.

3.     Ability to take initiative, challenge the status quo and develop thoughtful solutions to business requirements across the organization.

4.     Strong business acumen and ability to see the big picture.

5.     Excellent communication (written/verbal), interpersonal, and presentation skills to effectively interface with and influence internal/external contacts.

6.     Advanced proficiency with MS Office, especially Excel.

Education & Experience

Required experience would typically be acquired through a BA in Finance or related fields and 0-2 years Treasury or Finance related experience. CTP prefered but not required.

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.