Manager, Collateral Management

Role Overview

• 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.
• Maintain a flexible approach to responsibilities, priorities, and problem solving when managing time and resources.
• 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.

Requirements

• 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.
• 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.
• Complete understanding of standby letters of credit as collateral instruments.
• Experience in dashboard and leadership-level presentations.

Benefits

• Multiple medical plans plus dental, vision and prescription drug coverage
• 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 Off
• Basic Life and AD&D Insurance
• 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.