About this opportunity
HUB International lists this Treasury Manager opportunity in chicago, Illinois. Review the employer’s description below for duties, qualifications and application requirements.
Job description
At HUB International , we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.
HUB is one of the largest global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and more than 19,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.
Position Summary
The Treasury Manager is responsible for overseeing and executing daily Treasury operations across North America, managing banking relationships across 500+ accounts, ensuring SOX compliance, and driving cash flow optimization initiatives. This role serves as a key member of the Treasury team, acting as backup to the Director of Treasury and providing leadership on internal controls, bank administration, and strategic cash management. The ideal candidate will bring a strong foundation in corporate treasury operations combined with the ability to manage complex, high-volume processes in a fast-paced, acquisition-driven environment.
Primary Functions and Responsibilities
Daily Treasury Operations
Manage and oversee daily Treasury activities across North America including daily cash positioning and cash forecasting, wire transfer entry and approvals, disbursement management, and HUB Travel Card issuance and maintenance
Monitor and analyze HUB’s daily cash position to ensure adequate liquidity, cover cash commitments, and coordinate/optimize short-term borrowing or investments
Prepare and review daily and monthly reports on global cash position, investment position, card activity, and other key Treasury metrics
Manage debt schedules, daily borrowing, and pay-downs as needed
Coordinate with other departments to prepare and update Treasury’s cash forecast and borrowing projections
Support FX competitive bidding, trading, and manage settlements of FX trades
SOX Compliance & Internal Controls
Maintain SOX-compliant controls and perform required reviews of bank signers, user online entitlements, and other control activities as needed
Serve as primary liaison between Treasury and PwC/SOX/Internal Audit teams
Coordinate quarterly SOX testing, ensuring timely preparation and delivery of supporting documentation
Recommend and implement solutions to strengthen operational controls and incorporate best practices
Bank Account Administration & Documentation
Oversee documentation and record-keeping for 500+ bank accounts across 70+ banking relationships
Support updates of signers and ownership on acquired accounts; complete legal entity changes, signer updates, and amalgamations as needed
Assist in maintaining the HUB Station account database
Regularly monitor bank fees and analysis statements to ensure competitive pricing
Serve as primary contact point for banks on cash management reporting and other Treasury-related issues
Cash Flow Optimization
Drive migration of spend to credit card programs (e.g., P‑Card spend to BOA‑identified vendors) to increase cash flow and rebate income
Maximize visibility to acquired accounts and minimize cash held outside of primary banking relationships
Support client and carrier receivable acceleration by evaluating and providing options for faster client payments (e.g., improved online portal, Zelle, Venmo, etc.)
Backup to Director of Treasury
Assist with treasury policy development and implementation
Provide support on executive reporting and ad‑hoc analysis requests
Serve as backup on daily cash positioning and liquidity management across multiple jurisdictions and business units
Assist with cash forecasting and strategic liquidity planning
Lead and support Treasury special projects; continuously identify operational efficiencies and savings opportunities
M&A Support & Special Projects
Support Treasury responsibilities related to mergers and acquisitions, including validation of funds transfers, entry of funds transfer data in bank systems, follow‑up on settlement confirmations, ordering credit cards, opening new accounts, and setting up banking services for new offices and other integration‑related activities
Team Supervision & Staff Development
Directly supervise and manage two Treasury team members, providing day‑to‑day guidance, task prioritization, and workload management
Conduct regular one‑on‑one meetings, annual performance reviews, and goal‑setting sessions for direct reports
Mentor and develop staff by identifying skill gaps, providing constructive feedback, and supporting professional growth opportunities including CTP certification and cross‑training
Establish clear expectations for accuracy, timeliness, and quality of work output, particularly in high‑volume processing environments
Serve as an escalation point for team questions on banking operations, wire transfers, account administration, and Treasury processes
Foster a collaborative team environment and promote knowledge sharing to ensure operational continuity and reduce key‑person risk
Requirements
Education & Experience
Bachelor’s degree in Accounting, Finance, or related field required
5–10 years of progressive Treasury experience, with demonstrated management or leadership responsibilities
Experience managing banking relationships and bank account administration at scale
Insurance or financial services industry experience strongly preferred
Technical Skills
Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, financial modeling); proficiency in Word, Outlook and Claude
Strong working knowledge of commercial bank online systems (CashPro experience strongly preferred)
Experience with SOX compliance requirements and internal control frameworks
Strong data analysis and problem‑solving abilities with a focus on process improvement
Excellent communication skills, both written and verbal, with the ability to interact professionally with senior management and external banking partners
High attention to detail and accuracy in a high‑volume, fast‑paced environment
Ability to manage multiple priorities and meet deadlines independently
Strong organizational and project management skills
Collaborative leadership style with the ability to mentor and develop team members
Preferred Qualifications
Certified Treasury Professional (CTP) designation strongly preferred
Experience supporting IPO readiness and/or public company Treasury operations
Familiarity with multi‑jurisdictional cash management (U.S. and Canada)
Experience with FX trading and settlement processes
JOIN OUR TEAM
Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.
Disclosure required under applicable law in California, Colorado, Illinois, Maryland, Minnesota, New York, New Jersey, and Washington states: The expected salary range for this position is $95,000‑$125,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid‑time‑off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.
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Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.