Director of Treasury & Risk

Job Description

Job Description

GENERAL STATEMENT OF JOB DUTIES

The Director of Treasury & Risk provides strategic oversight and direction for setting and achieving GoTriangle's operational goals surrounding cash management, investments, debt instruments, risk management, and insurance programs. This position provides finance business partner consultation for department leaders across the organization and leads a team responsible for financial analysis, ensuring the effective use of funds, and optimizing liquidity and financial flexibility. The Director of Treasury & Risk is responsible for guiding debt issuance and debt management strategies, ensuring that GoTriangle has the financial capacity to support its operational and capital objectives while minimizing financial risk. This role provides critical support to the CFO in strategic decision-making, Supervising the finance analyst role, managing financial risks, and ensuring compliance with financial regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Collaborate with the CFO to provide insight into the finance strategy for the organization.
• Manage the agency's treasury function, including cash flow forecasting, banking, investment activities, and ensuring adequate liquidity for operations and projects and compliance with agency fund balance policies.
• Guide the structuring and execution of debt issuances, including developing debt issuance strategies, working with external advisors, and preparing financing documents to ensure optimal terms and cost-effective financing.
• Manage the Risk Management area and insurance programs to identify and address risks, collaborate with the legal team on active matters, evaluate and analyze data trends and recommend strategies to reduce and minimize claims costs.
• Manage Workers Compensation program to identify and mitigate injury root causes, coordinate with safety to improve practices and recommend strategies to efficiently monitor and evaluate cases to ensure minimal employee downtime and associated costs.
• Monitor the agency's debt portfolio, including debt service obligations, refinancing opportunities, and compliance with financial covenants and regulatory requirements.
• Provide strategic financial advice to the CFO and senior leadership regarding capital structure optimization, debt management, and investment activities.
• Further the use of financial and personnel analytical tools, where the analyses and metrics are essential to assessing overall organizational performance.
• Monitor and manage financial risk exposure, including interest rate, credit, and operational risks.
• Provide and review financial reports regularly including monthly profit / loss, balance sheet and cash flow statements; interpret and present financial results monthly and notifies the CFO of any financial concerns in order to minimize financial risk.
• Collaborate with GoTriangle departments to develop financial strategies and support major initiatives.
• Present financial and investment recommendations to senior leadership, Audit and Finance Committee, Board of Trustees, and other stakeholders.
• Develop, implement, and update financial policies, procedures, and internal controls to ensure fiscal accountability, transparency, and compliance with all federal, state, and agency requirements.
• Interview, hire and develop subordinate personnel; evaluate performance of employees; provide feedback, coach, discipline, and discharge employees, as appropriate.
• Stay current on best practices and regulatory changes impacting risk management, treasury management, and public transit funding.
• Support external audits by preparing and providing required documentation related to risk and treasury activities.
• Other duties as assigned.

MINIMUM QUALIFICATIONS AND REQUIREMENTS

An equivalent combination of related education and experience may be substituted for the above stated minimums excluding High School Diploma, GED, Licenses, or Certifications.

Working Conditions :

Works in an office environment where there is minimum exposure to dust, noise, or extreme temperatures. May be moderately exposed to unpleasant working conditions to include dust, noise, temperature, weather, petroleum products, and chemicals while visiting operating facilities, during which the incumbent should observe all policies and procedures, safety precautions and regulations, and use all protective clothing and devices provided.

Physical Requirements :

Sedentary Work : Exerting up to 10 pounds of force occasionally and / or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Walking and standing are required only occasionally.

EEO Statement :

GoTriangle is an equal opportunity employer. We are committed to providing equal opportunity and will not discriminate in terms and conditions of employment and employment practices. Decisions are made without regard to race, color, national origin, age, disability, pregnancy, genetic information, gender, sexual orientation, gender identity, marital status, creed, religion, protected veteran and military status or other applicable legally protected characteristics.

Accommodations :

GoTriangle is firmly committed to a policy of nondiscrimination in employment and to a program of achieving total equality of opportunity for all applicants. If you require reasonable accommodation because of a disability for any part of the application or hiring process, please contact 919-485-7448. Please indicate the specific assistance needed.