Treasury Operations Assistant Vice President - Insurance Payment Operations

KKR

$120K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree required with 7+ years in Treasury or Financial Operations.
  • Familiarity with treasury systems like Kyriba or other banking platforms.
  • Strong proficiency in Microsoft Excel and Visio.
  • Experience with SOX compliance for financial controls is highly valued.
  • Prior knowledge of Tableau is advantageous.
  • Background in the insurance industry is a plus.
  • Demonstrated analytical and problem-solving skills effective in high-pressure environments.

Responsibilities

  • Manage and develop payment controls for daily processing.
  • Approve internal fundings and external payments to third parties.
  • Expand connectivity between Treasury Management System (TMS) and banking partners.
  • Oversee capabilities of third-party servicers in banking operations.
  • Develop centralized processes for reporting initiatives, including ad hoc requests.
  • Participate in company-wide projects to improve processes and infrastructure.
  • Prepare and present reports to Senior Management and external parties.

Benefits

  • Eligibility for discretionary bonuses based on performance.
  • Opportunities for professional development and skills enhancement.
  • Engagement in company-wide initiatives that enhance career experience.
Full Job Description
POSITION OVERVIEW

The Assistant Vice President will support a wide range of Treasury Operations functions for the insurance business. The successful candidate must manage responsibilities in a fast-paced environment for multiple legal entities while supporting initiatives to enhance the existing functions to meet the rapidly changing needs of the business.
• Manage and develop payment controls for daily processing and straight through processing.
• Approve internal fundings and external payments to third parties
• Expand connectivity between TMS and banking partners
• Oversee third party servicers banking capabilities
• Develop and maintain centralized processes to handle reporting initiatives including ad hoc requests
• Participate in company-wide initiatives/projects to improve processes and infrastructure including workflow automation, liquidity reporting, and variance analysis
• Prepare and present materials to Senior Management and external counterparties

QUALIFICATIONS
• Undergraduate degree required with a minimum of 7 years work experience in a Treasury or Financial Operations Role
• Knowledge of treasury systems (i.e. Kyriba or other banking platforms) is required
• Proficiency with Microsoft Excel and Visio
• Proactively addresses issues that may impact outcome of initiatives
• Prior experience implementing financial controls in compliance with SOX a strong plus
• Prior experience with Tableau a strong plus
• Prior experience in insurance industry a strong plus
• Strong analytical and problem solving skills
• Ability to multi-task and manage multiple responsibilities
• Ability to identify, communicate, and resolve key issues
• Positive attitude even when faced with difficult obstacles, issues or challenges
• Excellent communication and interpersonal skills
• Commercial mind set with an entrepreneurial spirit

This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range

$120,000-$160,000 USD

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