Director of Treasury Operations

Description

Director of Treasury Operations The Opportunity:

The Director of Treasury Operations is a key leadership role responsible for overseeing all aspects of treasury and banking operations for HealthEZ. This role ensures the secure, compliant, and efficient movement of funds across a complex network of client trust accounts and claims disbursement channels. The ideal candidate will bring deep expertise in treasury systems, banking relationships, and healthcare-specific fund management.

What you will do: Treasury Operations & Process Optimization

• Direct all treasury operations including cash positioning, wire transfers, ACH processing, and check issuance.
• Develop and enforce treasury policies, procedures, and internal controls to ensure accuracy, security, and compliance.
• Lead treasury automation initiatives, including implementation and optimization of treasury management systems (TMS) and bank connectivity platforms.
• Ensure timely and accurate reconciliation of all treasury transactions and bank accounts.
  
  

Client Fund Oversight

• Ensure proper segregation, tracking, and reporting of client funds in accordance with fiduciary responsibilities and regulatory standards.
• Collaborate with Claims, Employer Services, and Risk Management teams to ensure timely and accurate disbursements and reporting.
• Support client audits and provide treasury-related insights during client onboarding and renewals.
  
  

Risk Management & Compliance

• Identify and mitigate financial risks including fraud, liquidity shortfalls, and regulatory non-compliance.
• Ensure compliance with ERISA, HIPAA, and other applicable regulations.
• Lead treasury-related components of internal and external audits, including SOC 1/2 and financial statement audits.
  
  

Banking Strategy & Relationship Management

• Lead the strategic management of all banking relationships, including negotiation of services, fees, and credit facilities.
• Design and maintain a scalable banking infrastructure to support high-volume claims disbursements and client fund segregation.
• Oversee the onboarding and maintenance of all bank accounts, ensuring alignment with client contracts, ERISA, and HIPAA requirements.
• Implement and manage fraud prevention tools (e.g., Positive Pay, ACH blocks, dual controls) across all accounts.
  
  

Cash & Liquidity Management

• Manage daily cash flow across multiple entities and client trust accounts, ensuring adequate liquidity for claims and administrative operations.
• Develop and maintain short- and long-term cash forecasting models to support strategic planning and risk mitigation.
• Optimize idle cash through investment strategies aligned with client agreements and regulatory constraints.
  
  

Qualifications

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field (MBA, CPA, or CTP preferred).
• 10+ years of progressive experience in treasury or corporate finance, with at least 5 years in a leadership role.
• Experience in the healthcare or insurance industry, preferably with a TPA or payer organization.
• Strong understanding of ERISA, HIPAA, and fiduciary responsibilities related to client fund management.
• Proven ability to lead treasury transformation initiatives and manage cross-functional teams.
  
  

Preferred Skills

• Experience managing high-volume, multi-entity disbursement environments.
• Familiarity with healthcare payment systems (e.g., EFT, virtual cards, check issuance).
• Strong analytical, communication, and project management skills.
  
  

What we expect from you:

• Bachelor’s degree in Information Systems, Healthcare Administration, or a related field.
• 5+ years of experience in EDI within the healthcare or health insurance industry, including 2+ years in a leadership role.
• Strong knowledge of HIPAA-compliant EDI transaction sets (e.g., 837, 835, 270/271, 276/277).
• Experience with EDI platforms such as Optum, TriZetto, Edifecs, or similar.
• Familiarity with clearinghouses and payer/provider data exchange protocols.
• Excellent problem-solving, communication, and leadership skills.
  
  

Preferred:

• Experience working in a TPA or managed care organization.
• Knowledge of CMS regulations and state-specific Medicaid/Medicare requirements.
• Familiarity with healthcare data formats (e.g., HL7, NCPDP).
• Experience with SQL, XML, or scripting for data analysis and troubleshooting.
  
  

We make healthcare EZ!

Additional Opportunity Details:

Target Base Compensation Range for this role is $130,000-$160,000*

• Factors that may be used to determine your actual salary include your job specific skills, education, training, job location, number of years of experience related to this role and comparison to other employees already in this role.
  
  

Employee benefits are part of the competitive total rewards package that HealthEZ provides to you. Our comprehensive benefits program includes health benefits, retirement plan (401k), paid time away, paid leaves (including paid parental leave) and more.

HealthEZ recognizes its responsibilities under federal, state, and local laws requiring non-discriminatory employment practices. All employment decisions, practices and procedures will be carried out without regard to race, color, creed, religion, sex (including pregnancy), sexual orientation, national origin or ancestry, age, marital status, disability, family status, status with regard to public assistance, or any other characteristic protected under applicable local, state, and federal laws.

HealthEZ is proud to be an equal opportunity employer.