Job No. 159983
- Job Title:
- Deputy Treasurer
- Employer:
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University of Michigan-Ann Arbor
- Location:
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Ann Arbor , MI
- Posting Date:
- 30-Oct-2026
- Description:
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Job Summary
The University of Michigan seeks a strategic financial leader for the position of Deputy Treasurer. Reporting directly to and closely supporting the Assistant Vice President & Treasurer (AVP & Treasurer), this role will serve as an essential member of the Finance leadership team. Your work will support the AVP & Treasurer in advancing key initiatives and fostering collaboration with the Vice President for Finance (VPF), Executive Vice President and Chief Financial Officer (EVPCFO), and other key finance stakeholders across the university.
The Deputy Treasurer will assist the AVP & Treasurer in leading a staff of approximately 25 employees across the Treasury team, which consists of Treasury Services, Capital Markets, Human Subject Incentive Program (HSIP), Merchant Services and Program Specialist teams. The Deputy may also assist with duties for two other departments under the Treasurer's Office: Insurance Claims and Administration (ICA) and Institutional Financial Planning and Analysis (IFPA), in addition to special project duties as assigned.
Key activities for this role include overseeing the university's capital structure, operating liquidity management, investment of short-term working capital, payments to research participants, credit card payment processes and compliance, banking services and banking relationships. Successful candidates for the Deputy Treasurer's role will also possess strong leadership, project management and emotional intelligence skills, including the ability to:
Demonstrate strategic planning skills and data-driven decision-making that guide continuous process improvement initiatives that enhance efficiency, transparency, risk mitigation and service delivery across the enterprise
Use emotional intelligence and exceptional interpersonal skills to navigate sensitive situations, build trust, and maintain effective relationships with senior leaders and diverse stakeholders
Focus on outstanding communication skills for all internal and external stakeholders, including a focus on leading day-to-day operations with transparency and honesty
Exemplify and promote workplace balance and flexibility by meeting key deliverables while also maintaining balance outside of working hours
Practice the principles of positive leadership: managing results for positive performance via high-quality connections, regularly connecting the work of Finance to the mission of the institution while promoting teamwork and collaboration across the entire Business and Finance team
Foster the use of new technologies to improve existing processes, gain operational efficiencies, and modernize treasury operations
Maintain exceptional discretion in handling sensitive and confidential information
Responsibilities*
With the goal of supporting the university's academic, research, and healthcare missions, key responsibilities will include overseeing and/or assisting the team with the following key treasury operations:
Banking Services
Oversight of cash forecasting activities and collaboration with Business and Finance colleagues to optimize the management of the university's cash and short-term investment portfolio
Management of strategic banking relationships, while providing expertise in banking services, including cash management, treasury services, etc
Depository services, including remote deposit capture, deposit stations on the Ann Arbor campus, lock boxes and incoming wire transfers
Disbursement services, including vendor check writing, wire transfers, ACH payments and international foreign exchange payments
Compliance with all regulations relating to domestic and international banking accounts
Capital Markets
Maintain strategic relationships with commercial and investment banks for debt and financing needs
Investment and operational management of the university's Central Bank, including its sizable short-term working capital investments
Manage the university's debt portfolio, including payments for debt service and related derivative instruments, commercial paper and lines of credit
Prepare and deliver presentations for the Board of Regents and rating agencies
Oversight of the university's relationship with bond rating agencies
HSIP and Merchant Services
Managing the HSIP program, which provides university-wide support for payments to research study participants and compliance with related regulations
Managing the secure acceptance of credit card payments by merchants across the university's entire enterprise
- Contact information:
- University of Michigan-Ann Arbor
- Ann Arbor, MI 48109
- United States
- Employer's Website:
-
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