Hi, we're Oscar. We're hiring a Treasury Manager to join our Strategic Finance.

Oscar is the first health insurance company built around a full stack technology platform & a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselvesone that behaves like a doctor in the family.

About the role:

The Treasury Manager is an individual contributor responsible for managing Oscar Health's important treasury operations & daily liquidity. You will provide critical daily execution of cash management activities, optimizes cash usage across subsidiaries, & guides operational efficiencies in banking & treasury systems.

The Manager will be a critical partner to the Treasury organization, driving the execution of cash management strategies in a capital-intensive insurance environment. You have a deep, operational understanding of Treasury practices.

You will report into the Senior Director, Assistant Treasurer.

Work Location: This is a remote position, open to candidates who reside in: Hartford, CT. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. #LI-Remote

Pay Transparency: The base pay for this role is: $108,000 - $141,750 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program & annual performance bonuses.

Responsibilities:

• Liquidity Management & Optimization: Recommend & monitor minimum cash balances required at subsidiaries, based on forecasts from the Capital Planning team, to ensure safety & liquidity while optimizing excess cash for investment. Guide the efficient use of cash across the Parent & Subsidiaries.
• Cash Flow Reporting & Forecasting: Responsible for updating actual cash flows for each subsidiary & synchronizing with the Capital Planning team to ensure forecasted outflows are current. Updated cash forecasts & variances to the broader finance team.
• Reconciliation & Performance Analysis: Reconcile actual cash balances reported from Accounting with Treasury forecasts to true-up balances. Describe actual versus forecast variances, & update Net Investment Income (NII) actuals related to cash & short-term holdings.
• Operational Oversight & Execution: Build all critical treasury operations & daily banking activities. This includes ensuring accurate daily funds settlement, bank account maintenance, processing signatory updates, & the administration of bank portal systems (e.g., CashPro, JPM Access, WF Vantage).
• Risk & Fee Analysis: Measure banking service fees paid to financial institutions. Analyze counterparty risk exposures related to cash & bank balances.
• Operational Efficiency & Projects: Assist with project management, process improvement programs (e.g., RFPs, accounts/services rationalization), & implementing technology to enhance cash management & reporting functions.
• Audit & Compliance Support: Provide comprehensive operational support for all internal & external audits, SOX compliance controls, & state regulatory examinations, ensuring all processes are documented.
• Banking Relations: Serve as an important operational interface with external banking partners to resolve daily issues, manage service levels, & support routine operational tasks.
• Record Management & Governance: Responsible for managing all official records & documentation for Treasury Operations (e.g., debt indentures, banking agreements, fee invoices) within the shared file structure. Manage the Treasury Calendar of Events to track critical due dates for reports, payments, compliance filings, & renewals.

Requirements:

• Experience: 5+ years of progressive, hands-on experience in Corporate Treasury, Cash Management, or Treasury Operations within the financial services or insurance industry.
• Functional Expertise: 3+ years directly managing corporate liquidity, daily cash positioning, & detailed cash flow reporting/forecasting processes.
• Operational Systems: Operational experience using major online bank portals (e.g., CashPro, JPM Access, WF Vantage) & managing daily fund movements & settlements.
• Communication & Theory: Strong communication & presentation skills with the ability to articulate financial concepts. Must understand core Treasury Operations & cash management principle
• Education: Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field.

Bonus points:

• Prior experience in Treasury Operations within an insurance or healthcare company.
• MBA and/or CTP certification is preferred. CFA designation is a plus
• Experience with ERP systems (e.g., Workday) & investment accounting/reporting systems (e.g., Clearwater) for data extraction & analysis; proficiency with Google Suite (Sheets, Docs, Drive) for collaboration & record management is a plus.