Executive Director, Treasury and Debt Management

About the role

Join a world-class academic healthcare system, UChicago Medicine, as the Executive Director, Treasury and Debt Management. The role combines strategic financial stewardship and hands-on operational leadership, focusing on executing financing transactions, managing debt compliance, supporting cash management, and facilitating stakeholder communications.

Responsibilities

• Manage debt issuances, banking transactions, and leasing facilities
• Track financial markets to assess cost of capital, manage risk, and identify potential cost savings opportunities
• Evaluate capital needs, financing options, and develop comprehensive financing plans
• Review legal documents to understand the terms and conditions associated with the System’s debt and derivative obligations, including reporting requirements and financial covenants
• Oversee timely coordination and processing of all debt-related payments
• Lead post-issuance compliance activities for tax-exempt bonds and related reporting
• Oversee banking relationships, credit lines, and corporate credit card program
• Direct cash management policies and procedures to safeguard and optimize System’s funds and monitor liquidity, cash forecasts, and execute cash optimization strategies
• Collaborate with stakeholders to enhance cash flow analytics, support cash flow forecasting, liquidity monitoring, and policy implementation
• Engage with bankers, advisors, trustees, custodians to ensure accuracy and timeliness of information as well as delivery of high-quality services
• Establish and track key financial performance indicators, preparing dashboards and executive reports for leadership and external stakeholders
• Support treasury risk management by monitoring credit profiles, interest rate risks, and compliance with debt agreements
• Lead special projects, including preparation of ad-hoc reports, financial analyses, and other related duties as assigned
• Develop and implement solutions to streamline treasury processes, enhance controls, and mitigate operational risks, including workflow redesign, automation, and new technology adoption
• Lead efforts to explore, recommend and implement industry-standard technology solutions, including AI and advanced analytics, to support continuous process improvement and innovation in treasury operations

Qualifications

• Bachelor’s degree required in business, finance, or related field; MBA or Master’s degree in finance or healthcare preferred
• Certified Treasury Professional (CTP) certification preferred
• Minimum of ten years of progressive experience in treasury and progressive experience in financing transactions and cash management, with demonstrated leadership responsibility
• Familiarity with GAAP financial statements and understanding or interest in AI applications to enhance treasury processes and analytics
• Expert knowledge of credit markets, tax-exempt and taxable debt structures, derivatives and other key financing concepts
• Deep understanding of tax-exempt debt compliance, including post-issuance procedures, private use compliance, arbitrage rebate calculations and reporting
• Hands-on experience with banking and cash management best practices, and in-depth knowledge of financial statements and cash flow analysis, with the ability to assess impacts on financial reporting
• Strong quantitative, modeling, analytical, and problem-solving skills, with the ability to identify issues and effectively resolve them as well as advanced proficiency in financial modeling and data visualization tools
• Excellent verbal and written communication skills with the ability to convey complex information clearly and impactfully with internal and external partners
• Adept at interpreting and editing legal and financing agreements
• Skilled at managing multiple projects with competing timelines through organized process flows and passion for advancement of the organization’s mission

Skills

• Collaborative and detail-oriented treasury leader
• Eager to take on diverse tasks within a small, close-knit team
• Strong technical expertise in debt administration, treasury operations, and compliance
• Excellent project management and stakeholder engagement skills
• Expertise in AI and emerging technologies to enhance and optimize treasury processes

Benefits

The organization offers a comprehensive benefits package, including:

• Medical and dental coverage
• Patient assistance programs
• Flexible spending accounts
• Retirement savings plans
• Employee assistance programs
• Continuing education and professional development opportunities

Pay

The pay range for this position is [Insert Range Here]. The actual offer will vary based on candidate qualifications and experience.

Schedule

The schedule for this role is [Insert Schedule Here].