Archdiocese of Chicago

Human Resources
:: Employment and Service Opportunities

Opportunities at Archbishop Quigley Center / Cardinal Meyer Center / Other Pastoral Center Departments

Posted 9/8/2019

Job Title:

Treasury & Banking Manager

Department:

Finance

Location:

Archbishop Quigley Center
835 N. Rush St.
Chicago, IL 60611-2030

Hours:

Full time

Description:

The Archdiocese of Chicago is the third largest diocese in the United States and serves more than 2.2 million Catholics in The Archdiocese, pastored by Cardinal Blase J. Cupich, has more than 15,000 employees across its ministries, including Catholic Charities, the region’s largest nonprofit social service agency. The Archdiocese also has one of the country’s largest seminaries. The Archdiocese’s elementary and secondary schools comprise one of the largest U.S. private school systems.

Position Overview

  • Manage AOC’s internal bank, ArchBank, operations and related team, overseeing its liquidity
  • Manage Treasury operations including cash management, bank relationships and day-to-day operations. 
  • Manage appropriate short/medium-term cash forecasting and liquidity management. 
  • Develop and implement initiatives to streamline, automate, and properly control the banking and ArchBank functions.
  • Lead and develop the banking team.  Implement processes to set and achieve individual/team goals, as well as assess performance of team members. 

 

Job Responsibilities:

  • Manage Arch Bank operations, ensuring ongoing stability and solvency of the internal bank. Manage Archdiocesan cash balances and related needs. 
  • Coordinate with the Parish Operations department to develop and monitor parish credit ratings, administer loans and deposits to/from parishes and schools and follow up with parishes as necessary.
  • Oversee day-to-day treasury operations, including treasury solutions and vendors.  Ensure liquidity is available in a timely manner to meet all payment obligations and continually evaluate cash flow efficiency and usage. 
  • Monitor and manage liquidity.  Coordinate with operations and other Finance teams to ensure timely and accurate cash forecasting and liquidity management, over short and medium time horizons. 
  • Contribute to and support ongoing vision/strategy, design, implementation of the treasury and banking transformation, to streamline, automate, and properly control these functions.   Implement policies and SOPs (standard operating procedures).  Enable Treasury/Investment/Banking operations through continuous evaluation of services and technologies. 
  • Provide tactical banking and treasury operations support, controls and/or shared services for the other Archdiocesan offices and parishes/schools, as needed, to ensure effective and efficient operations and proper internal controls.  
  • Ensure adequate financial controls over all banking and Arch Bank operations
  • Support debt covenant compliance and reporting requirements for bondholders and lending banks.
  • Support AoC Accounting & Reporting function in reconciliations, internal controls, audit processes, etc.
  • Lead and develop the banking team.  Implement processes to set and achieve individual/team goals, assess performance of team members, and develop employees.  Align the goals of the Treasury team to the Treasury needs of the Archdiocese.

 

Requirements:

  • 8+ years of experience in treasury operations, including Manager positions in a mid to large size organization.
  • Excellent cash management operational technical knowledge and an advance understanding of treasury management systems and banking services and systems.
  • Strong working knowledge of commercial banking operations and lending practices.
  • Undergraduate degree in Finance/Accounting, advanced degrees in accounting, finance or business desired.
  • Experience managing treasury operations in not-for-profit organizations is preferred. 
  • Experience in shared service operations, end-to-end process, internal controls, and external audit are preferred. 
  • Strong interpersonal skills-ability to lead meetings with bankers, Finance and non-Finance members, building confidence and trust.  
  • Strong leadership and initiative-taking ability to assume independence and suggest opportunities for continual improvement.
  • Strategic thinking and ability to synthesize data and information into key messages, implications and recommended actions.
  • Experience supporting and leading transformational changes for operations and organizations.  Comfortable with dynamic/transforming environment.
  • Ability to set priorities in a complex environment and manage resources to meet priority goals and objectives.
  • Record of cross-functional consensus-building and coordination across functions.  
  • Strong people leader and record of building strong teams. 
  • Strong detail orientation and willingness to engage in detail as necessary, without sacrificing the overall perspective.
  • Major financial systems experience:  Microsoft Office suite; bank systems, Jack Henry or comparable; Lawson G/L or comparable, Hyperion/OneStream;
  • Demonstrated high integrity and ethics in all operations and responsibilities.

 

Affinity for mission-driven, not-for-profit organizations and a commitment to serving the Catholic Church in the Chicago area. 

 

The Archdiocese of Chicago is in the midst of exciting changes as we renew our local Church. With a variety of opportunities to contribute your professional talents and experience, we invite you to consider any of our current openings at archchicago.org/careers. We offer competitive salary and benefit packages, as well as opportunities for professional and personal growth and development.

 

If you are interested in being considered for this opening, please visit the list of open positions on AppliTrack. Please complete a letter of interest, a profile, or submit your resume.

Thank you for your interest in the Archdiocese of Chicago.

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