
Manager, Collateral Management
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: Raleigh • New York • North Carolina • United 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