American Equity Careers
American Equity Careers
Job Details

Requisition Number 17-0053
Post Date 7/20/2017
Title Cash Management Analyst - Investments Department
City West Des Moines
State IA
Description GENERAL PURPOSE OF THE JOB:

Responsible for daily cash management investment functions including investment of cash balances, account positioning, counterparty collateral movement, and preparation of cash projections. The role is expected to interface with key constituencies including corporate treasury and asset administration functions as well as external brokers/bankers and custodians.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Execute short term cash liquidity requirements relative to AEL Investment Policy Statement(s) balancing funds availability, protection of principal and best available return across:
o Institutional Money Market Funds
o Commercial Paper
o Commercial Bank Deposits, and;
o Other approved short term instruments.
• Execute periodic repurchase agreement activity pursuant to cash liquidity requirements.
• Position cash liquidity to ensure correct account locations in support of settlement activity.
• Execute and monitor counterparty collateral postings/returns pursuant to ISDA and CSA agreements.
• Manage investment positions pursuant to exposure limit and diversification requirements.
• Incumbent will provide daily cash projections in support of Daily Cash Sheet preparation including:
o Estimation of future cash receipts (Product Sales, Principal & Interest payments, and expected bond calls)
o Future asset funding requirements (investment activity)
o Corporate treasury net cash requirements (tax payments, holding company transactions, reinsurance payments, etc)
o Miscellaneous cash activities as they arise.
• Relationship management of brokers, bankers and custodian cash products.
• Serve as interface between corporate treasury and asset administration functions.
• Selecting appropriate short-term investment vehicles including the monitoring and research of new and existing trends impacting prudent cash management.
• Active participant involved in development and execution of disaster recovery plans necessary to maintain insurance company business continuity under all possible scenarios.
• Performs special projects/other duties as assigned.

SUPERVISORY RESPONSIBILITIES:

None required for this position.

EDUCATION AND/OR EXPERIENCE:

Bachelor’s degree (B.A.) from four-year college or university; and three or more years of related experience and/or training.

LANGUAGE SKILLS:

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, and governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups.
• Ability to respond to common inquiries in a complete and timely manner.

MATHEMATICAL SKILLS:

• Ability to apply advanced mathematical concepts.
• Ability to apply mathematical applications to tasks.
• Ability to work with mathematical concepts and apply to practical solutions.

REASONING ABILITY:

• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:

CFA designation is preferred, or expectation incumbent will work toward designation.

OTHER NECESSARY SKILLS AND ABILITIES:

• Ability to maintain company attendance, punctuality and dependability standards as stated in the company handbook.
• Ability to work overtime as required.
• Ability to work cooperatively and successfully with co-employees, customers, and other outside third parties.
• Ability to successfully handle pressure and meet deadlines in a fast-paced work environment.

MENTAL DEMANDS:

• Position requires math and accounting skills as well as reasoning, language and communication skills.

• Requires completing many tasks daily that are under specific deadlines with no exceptions.

• Position requires frequent communication with internal and external constituents to determine the specific cash positions of the company.

• Requires maintenance of relationships with brokers, custodians, and banking organizations. Likewise, the position requires interaction with coworkers including accounting staff, auditors and senior investment personnel.

ADDITIONAL INFORMATION:

• Sound reasoning ability and problem solving skills are very important to this position, including analytical capabilities.
• A positive, can-do attitude is important as there are occasional tasks requiring completion that are not necessarily part of the position’s mainstream responsibilities.
• Position requires solid quantitative skills.
• Analytical and substantial spreadsheet aptitudes are important to success in this role.

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American Equity Contact Information

Mailing Address
P.O. Box 71216
Des Moines, IA 50325

Office Address
6000 Westown Parkway
West Des Moines, IA 50266

Main Office Number: (515) 221-0002
Toll Free Number: (888) 221-1234
Email: info@american-equity.com