Arch Capital Group Ltd.

Manager, Collateral Management

Arch Capital Group Ltd.

full-time

Posted on:

Location Type: Hybrid

Location: RaleighNew YorkNorth CarolinaUnited States

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Salary

💰 $95,700 - $129,141 per year

About the role

  • Support system enhancements and monitor project releases, including user training, regular reporting, and administration of an enterprise-wide system.
  • Implement best practice procedures to coordinate and integrate collateral management for maximum efficiency.
  • Collate and report metrics to demonstrate progress toward group goals.
  • Collaborate with Arch Investment Management to efficiently manage posted collateral, state deposit obligations, and intercompany transactions.
  • Support relationships with third party contacts (trustees, banks, state departments, reinsurers).
  • Perform functions relating to the organization, retention, and safeguarding of original documentation.
  • Maintain and organize records and company databases.
  • Provide support for collateral matters across functional teams and business units.
  • Maintain a flexible approach to responsibilities, priorities, and problem solving when managing time and resources.
  • Execute measures to ensure compliance with contractual and regulatory mandates regarding trust collateral, letters of credit, and state deposits.
  • Assess, implement, and monitor controls for collateral management including SOX and auditor walkthroughs.
  • Identify and resolve issues relating to Insurance and Reinsurance Trust, Letter of Credit, and Surety Bond collateral.

Requirements

  • 5-10 years collateral management or related experience
  • Prior experience with collateral management practices, including trust account management, legal agreement reviews, investment, and standby letter of credit knowledge is beneficial
  • Analytical, problem solving, and planning skills
  • High level of accuracy and attention to detail
  • Ability to take initiative, collaborate, and provide business support
  • Ability to see the big picture and identify opportunities to increase efficiency
  • Excellent written and verbal communication, interpersonal, and presentation skills, utilized to effectively interface with and influence internal and external contacts
  • Proficient with MS Office.
  • Advanced Microsoft Excel, Power BI, and PowerPoint skills.
  • Skills in various Treasury and/or Collateral management systems are a plus, including integration of automation tools.
  • Complete understanding of standby letters of credit as collateral instruments.
  • Experience in dashboard and leadership-level presentations.
Benefits
  • Multiple medical plans plus dental, vision and prescription drug coverage
  • Competitive 401k with generous matching
  • PTO beginning at 20 days per year
  • Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off
  • Basic Life and AD&D Insurance
  • Short and Long-Term Disability
  • Paid Parental Leave of up to 10 weeks
  • Student Loan Assistance and Tuition Reimbursement
  • Backup Child and Elder Care
  • And more.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
collateral managementtrust account managementlegal agreement reviewsinvestment knowledgestandby letter of credit knowledgeanalytical skillsproblem solvingplanning skillsaccuracyattention to detail
Soft Skills
initiativecollaborationbusiness supportbig picture thinkingefficiency improvementwritten communicationverbal communicationinterpersonal skillspresentation skillsinfluencing skills