AVP, Corporate Cash Management

Job Description

At Pacific Life, we're investing in bright, driven leaders who want to make an impact. Here, you'll be supported in your career growth while helping us provide financial security and peace of mind to our policyholders, partners, and communities.

We're seeking an experienced AVP, Treasury Operations to lead enterprise cash management, liquidity, banking, and payment operations across a complex, regulated organization. This role offers broad exposure, senior level partnership, and the opportunity to modernize and strengthen Treasury operations that are critical to our business.

As AVP, Treasury Operations, you'll lead the endtoend cash lifecycle-balancing precision, control, and agility-while developing a high performing Treasury team.

Key responsibilities include:

• Lead daily cash positioning, concentration, and liquidity management across operating, claims, and investment accounts.
• Oversee 30-day cash forecasts; ensure variance analyses and actionable insights.
• Optimize working capital (collections, disbursements, premium cash flows) and coordinate intercompany funding strategies.
• Manage the borrowing facilities to support daily cash funding needs.

• Own bank relationship program (fee benchmarking, service optimization, credit facilities coordination in partnership with Corporate Finance).
• Manage global bank connectivity (SWIFT, APIs, hosttohost), payment rails (ACH, RTP, wires), and account governance (KYC, signers, mandates).
• Drive payment factory/POBO structures where appropriate; reduce exceptions and improve straight through processing (STP).

• Lead short-term borrowing strategy: execute on our $1 billion Commercial Paper program & execute loans on our $3 billion FHLB lending program.
• Advance our two $500mm Repurchase Programs to raise cash for daily operations.
• Establish policy aligned deployment of surplus cash (MMFs, time deposits, shortduration instruments) in partnership with Investments; ensure compliance with limits and counter party guidelines.
• Monitor yield, duration, and counter party exposure; provide executive reporting on liquidity thresholds and return on cash.

• Maintain SOX/ICFRcompliant treasury processes (segregation of duties, user access recertification, dual approvals, system controls).
• Partner with ISO (Information Security Office) to strengthen cyber resilience for payments and banking channels; lead incident response within Treasury scope.
• Ensure adherence to regulatory requirements and internal policies; remediate audit findings.

• Drive automation and process improvements to enhance cash management, liquidity forecasting, and payment workflows.
• Implement tools for real-time reporting, dashboards, and analytics to support decision making.
• Collaborate with Treasury Systems to enhance TMS capabilities (bank statements, cash positioning, forecast models, payment approval workflows) and integrate with the enterprise ERP.
• Build self service dashboards for executives (cash, forecast accuracy, bank fees, investment returns); standardize data lineage.

To perform this position successfully, an individual must be able to perform each required duty satisfactorily. The requirements listed below are representative of the skill, and/or ability required.

• 10+ years of experience in a Corporate Treasury department for a multi-divisional Fortune 500 company; 5 years leading teams. Insurance, financial services, or other regulated industries plus.
• Knowledge in calculating a company's daily cash position, short-term borrowing and investing, electronic payment methods and various alternatives for collecting and disbursing cash
• Understanding of short-term investments, borrowing facilities, counter party risk, and policy governance
• Ability to comprehend and review monthly Account Analysis and knowledge of ICFR and regulatory requirements

• Bachelor's Degree in Finance, Accounting, Economics, or related financial fields are required
• The Certified Treasury Professional (CTP)…