HR306: Group Treasury Manager | Bermuda

Our client, an established international legacy and run-off specialist, is seeking a Group Treasury Manager to join their team in Bermuda.

Reporting directly to the Group Treasurer, the successful candidate will play a central role in managing enterprise cash and liquidity operations. This includes overseeing daily liquidity positions, driving multi-entity cash forecasting, and managing complex liquidity structures to support organizational KPIs and overarching capital management strategies.

Responsibilities:

• Corporate Cash & Liquidity Management, including forecasting cash movements and monitoring daily cash positions
• Manage the company’s global notional cash pool in line with mandated objectives and KPIs. Ensure that the group maintains the appropriate levels of cash in the cash pool and in local operating bank accounts at all times
• Identifying excess cash available for investment or debt repayment
• Acts as an expert advisor on banking issues for the business units and other corporate functional areas
• Manages, maintains and administers operating bank relationships
• Manage bank account opening process
• Recommend and implement improvements to current cash management processes
• Performs/reviews banking transactions as required and assists with resolving errors
• Manages Treasury payments and ad hoc cash investment transactions and tracks and resolves payment exceptions
• Gathers, interprets and prepares cash flow projections for Bermuda and US entities
• Resolves FX currency issues in terms of settlement of delivery
• Maintain the Treasury Management System and trains staff on those system activities
• Ensures compliance with internal controls, FBAR, FATCA, anti-money laundering regulations, and other rules governing cash transactions and banking
• Interfaces with Finance for bank general ledger upload, journal entry differences and treasury related troubleshooting
• Monthly bank reconciliation review and signoff
• Understands and manages appropriate procedures and processes around month-end and quarter-close activity related to cash management and liquidity reporting
• Provides financial analysis to Group Treasurer and executive management
• Creates models involving cash flow to identify cost savings on bank fees and maximize profit through interest income
• Assists with M&A Activity for Group Treasury
• Assist with maintaining various collateral trusts and other collateral arrangements (including secured and unsecured letter of credit) to ensure appropriate levels of collateral provided to counterparties and identify impacts on liquidity
• Works with other jurisdictions to streamline cash processes
• Ad hoc projects

• Bachelor's degree in finance or accounting required
• CTP and CPA preferred, but not required
• 5+ years of relevant treasury or corporate finance experience including bank account management, payment processing, forecasting, cash flow analysis in the insurance or reinsurance industry
• Strong knowledge of MS Office including Excel, Word and PowerPoint
• Knowledge and application of AI tools such as CoPilot and Claude, would be an advantage
• Knowledge of treasury software packages including banking portals and Treasury Management Systems is preferred
• Understanding of BMA regulations would be a strong advantage
• Understanding of US GAAP and accounting software SUN, would be an advantage

• To apply, attach your résumé or include a link to your LinkedIn profile
• If you don't provide one of the above, we can't progress your application

For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.

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