Job Summary

This key position within CNA’s Investments & Treasury division will be responsible for the capital markets, investment operations, and credit functions.  This includes but is not limited to cash forecasting and reporting, strategy and execution of $1.2 billion of short term investments, liability management, debt capital deployment and covenant compliance, trade settlement and corporate actions, and assessment of credit risk.  This role will interact with our investment managers, banking partners, senior finance leaders, and others throughout the organization as well as lead a team of approximately eight individuals. This position may assume the lead role on certain projects and Investments & Treasury division-wide initiatives. 

Essential Duties & Responsibilities

1. Along with the Assistant Treasurer, set the strategic direction of the Treasury group.  Interact with and collaboratively lead others across the organization and externally to address business issues and meet organizational objectives.
2. Lead a team of approximately eight individuals.  This includes setting priorities consistent with company vision and strategy, providing direction on initiatives, performance reviews and talent development of the team.
3. Execute on the strategy of CNA’s global short term investment portfolio of approximately $1.2 billion.  This includes researching and recommending opportunities to improve yield and liquidity management.
4. Partner with Cash Operations and other internal business units to ensure daily funding needs are met.
5. Identify and support optimal process and technology solutions to make the trade settlement, corporate action, and statutory deposit processes as efficient as possible with appropriate controls.
6. Provide inputs to the financial statements related to capital activities including dividends, debt and downstream implications of monthly investment portfolio pricing.  Also responsible for debt compliance monitoring and quarterly Credit Facility covenant communications.
7. Maintain policies and procedures and participate in SOX compliance reviews and affirmations.
8. Provide credit analysis and recommendations on collateral requirements to Underwriting and other areas of the organization in order to inform sound business decisions and reduce overall risk.

Reporting Relationship

Assistant Vice President Treasury, Assistant Treasurer 

Skills, Knowledge & Abilities

1. Leadership skills.  Ability to embrace and drive change and to develop others to perform at a high level.
2. Strong understanding of financial markets and investment vehicles with a specialized understanding of the short term money markets.
3. Strong analytical and strategic problem solving skills with the ability to effectively resolve complex situations and issues.
4. Strong organizational skills and the ability to manage multiple initiatives effectively while fostering a continuous improvement atmosphere.
5. Excellent interpersonal, verbal, written, and presentation skills with the ability to effectively set strategy and context, and manage execution.  This includes clearly communicating technical subject matter to both technical and non-technical audiences.
6. Strong knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.  Bloomberg application skills a plus.

 Education & Experience

1.     Bachelor's Degree, preferably in finance, economics, accounting, or equivalent.

2.     Typically a minimum six years of related financial analysis, cash management or capital markets experience.

3.     CTP, MBA, and/or CFA designations a plus