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Senior Director, Assistant Treasurer

Oscar Health

Oscar Health

Accounting & Finance, Sales & Business Development
Remote
Posted on Tuesday, June 18, 2024

Hi, we're Oscar. We're hiring a Senior Director, Assistant Treasurer to join our FP&A team.

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

About the role

The Senior Director, Treasury, leads the development and execution of Oscar’s treasury strategy and policies including the management of the corporate investment portfolio and treasury operations. This role is a key leadership role within the Finance and Treasury organizations and has exposure to senior leaders across the organization. The Senior Director, Treasury is responsible for the management and development of a team of Treasury professionals, ensuring the right talent is in the right places to execute against the global Treasury strategy.

You will report to the Vice President, FP&A.

Work Location:

Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.

If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.

You must reside in one of the following states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote

Pay Transparency:

The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $192,000 - $252,000 per year. The base pay for this role in all other locations is: $172,800 - $226,800 per year. You are also eligible for employee benefits, participation in Oscar’s unlimited vacation program, company equity grants and annual performance bonuses.

Responsibilities

  • Lead the development and execution of the Treasury strategic plan - including managing debt / equity targets and liquidity profile - aligned with company’s overall strategy and goals
  • Manage the corporate investment portfolio, set the investment strategy in accordance with corporate investment policy, and partner with 3rd party asset managers to execute investment strategy
  • Lead treasury operations, identifying ways to improve operational efficiency while implementing plans to increase treasury effectiveness
  • Partner with the Balance Sheet management team to develop longer term capital and liquidity strategy, ensure monitoring and reporting of key treasury metrics
  • Manage relationships with external banking partners and serve as point of contact for both commercial and investment banks
  • Manage all debt covenant reporting
  • Coach, support, and lead the professional development of your direct reports facilitate a culture of continuous improvement
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Qualifications

  • Bachelor’s degree in Finance, Accounting, Economics, or equivalent work experience
  • 12+ years experience in treasury or investment banking
  • 7+ years of experience distilling complex ideas and financial models into clear messages
  • 5+ years of experience developing strategy and influencing senior leaders

Bonus Points

  • Prior experience in insurance, healthcare or financial services industry
  • MBA or similar advanced degree
  • Strong analytical, problem-solving, and critical thinking skills to drive actionable results
  • Ability to work effectively and efficiently in fast-paced and dynamic environment
  • Excellent leadership, teamwork, and communication skills
  • Active Certified Treasury Professional (CTP) credential

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here.

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team (accommodations@hioscar.com) to make the need for an accommodation known.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Notice to Job Applicants.