Manager, Collateral Management
Arch Capital Group Ltd. · Raleigh-Durham-Chapel Hill Area · 3 wk ago
HybridFinance$96k–$129k/yrFull-time
Job Responsibilities
- Support system enhancements and monitor project releases, including user training, regular reporting, and administration of an enterprise-wide system.
- Implement best practice procedures to coordinate and integrate collateral management for maximum efficiency.
- Collate and report metrics to demonstrate progress toward group goals.
- Collaborate with Arch Investment Management to efficiently manage posted collateral, state deposit obligations, and intercompany transactions.
- Support relationships with third party contacts (trustees, banks, state departments, reinsurers).
- Perform functions relating to the organization, retention, and safeguarding of original documentation.
- Maintain and organize records and company databases.
- Provide support for collateral matters across functional teams and business units.
- Execute measures to ensure compliance with contractual and regulatory mandates regarding trust collateral, letters of credit, and state deposits.
- Assess, implement, and monitor controls for collateral management including SOX and auditor walkthroughs.
- Identify and resolve issues relating to Insurance and Reinsurance Trust, Letter of Credit, and Surety Bond collateral.
Required Skills/Experience
- 5-10 years collateral management or related experience.
- Prior experience with collateral management practices, including trust account management, legal agreement reviews, investment, and standby letter of credit knowledge is beneficial.
- Analytical, problem solving, and planning skills.
- High level of accuracy and attention to detail.
- Ability to take initiative, collaborate, and provide business support.
- Ability to see the big picture and identify opportunities to increase efficiency.
- Excellent written and verbal communication, interpersonal, and presentation skills, utilized to effectively interface with and influence internal and external contacts.
- Proficient with MS Office.
Desired Skills/Experience
- Advanced Microsoft Excel, Power BI, and PowerPoint skills.
- Skills in various Treasury and/or Collateral management systems are a plus, including integration of automation tools.
- Achieved or are working toward a professional qualification in treasury or broader finance field is highly desirable.