Director Investments Treasury and Capital Planning

Overview

Operating within the core values and operating principles of the organization, responsible for directing the Investment of the Company portfolio, Investment Accounting, Treasury management and portions of the Company reconciliation process. In addition, responsible for capital planning for the organization in order to meet regulatory and rating agency requirements, as well as ensuring proper cash flows associated with required capital contributions.

Oversees the management of the Investment Portfolio as requested by the CFO. Assists in developing and monitoring the investment and cash management strategies for AAA Life Alliance. Acts as a primary liaison between the investment and treasury department and managers/officers for investment and cash management analysis. Conducts research activities as needed on investment and treasury issues. Conducts reconciliation of general ledger accounts as needed.

Ensures modifications are incorporated into the financial process. Monitors and supports effective capital management for the entities of the AAA Life Alliance and works with rating agencies as required to ensure adequate capitalization. This position is responsible for planning and assisting in projects and to ensure the overall success of those projects. This person must be able to effectively interact with all levels of management as well as counterparts in other departments.

• Primary liaison between the Company and its Investment Managers and its Bank Representatives.

• Working with the Treasury team, optimizes banking relationships to minimize cost and maximize short-term investment income on cash held. Ensures operating cash is available as needed.

• Directs analysis of the Investment Portfolio and Investment Income. Advises management of investment income trends and variances to budget or previous reporting periods.

• Directs or conducts research activities to determine the accounting and reporting implications of changes in corporate operations on Investment Accounting, Reconciliations, or Treasury processing.

• Reviews and ensures the accuracy of audit procedures utilized by staff members in preparing reports for internal and external auditors.

• Monitors and reports status of monthly reconciliation’s process to the Controller.

• Researches, recommends, and implements changes to the company Investment Systems to comply with Statutory and GAAP Accounting requirements.

• Analyzes market and portfolio investment yields for development of ongoing product crediting rates.

• Prepares materials for presentation to the Internal Investment Committee, Interest Rate Setting Committee, and assists the Asset-Liability Risk Committee.

• Reviews and verifies the preparation of the monthly, quarterly, and annual financial statements. Oversees the monthly close, including thorough analysis of cash and investment holdings using balances and transactions.

• Responsible for the selection, hiring, management, development and training of all direct reports. Provide coaching and guidance to staff to work toward agreed upon objectives. Develops and maintains job documentation and procedures.

• Responsible for maintaining compliance with all laws and regulations that govern the business processes in the department, as well as compliance with the Code of Ethical Market Conduct.

• Reviews and verifies various spreadsheets including accruals, investment expenses, trend analysis, daily cash balances, investment holdings, etc.

• Develops and maintains productive relationships with project sponsors, other business unit associates, and senior management.

• Develops and maintains complex financial models to analyze investment performance and project investment performance under various scenarios.

• Conducts and/or oversees appropriate research to suggest investment in new assets classes or withdrawal from existing asset classes.

• Works with outside investment advisory consultants to optimize portfolio performance regarding yield and capital efficiency, in addition to monitoring total return.

• Works with the company’s valuation actuaries to ensure proper asset/liability matching and adequate liquidity for investment, treasury and operating…