Treasury Director
Posted
Description
Treasury Director
Become a Part of the NPT Team
National Philanthropic Trust is the leading partner for donor-advised giving, providing donors, family offices, foundations, and financial service institutions with the solutions and expertise needed to transform philanthropic intention into action.
National Philanthropic Trust is the leading partner for donor-advised giving, providing donors, family offices, foundations, and financial service institutions with the solutions and expertise needed to transform philanthropic intention into action.
Since its founding in 1996, NPT has raised more than $92 billion in charitable contributions and currently manages more than $65 billion in charitable assets. As the largest independent sponsor of donor-advised funds (DAFs), NPT ranks among the largest grant-making institutions in the United States. It has made more than one million grants, totaling over $44.7 billion, to nonprofit organizations worldwide.
NPT has a proud history of innovation and an inclusive, supportive, and collaborative culture. NPT now employs more than 235 full-time professionals across 18 states in the U.S. and more than 10 team members in the United Kingdom. Approximately 170 are based in the Greater Philadelphia area. Team members are valued, celebrated, and afforded opportunities to bring their entrepreneurial spirit and talents to inspire and enable philanthropy.
What You'll Do
National Philanthropic Trust (NPT) seeks an experienced Treasury Director to provide strategic and operational leadership for the organization's Treasury function. The Treasury Director will be responsible for safeguarding organizational assets, establishing a best-in-class treasury control environment, overseeing liquidity and cash management strategies, managing banking and payment relationships, and leading Treasury operations in support of NPT's continued growth.
The Treasury Director will lead all aspects of Treasury, including cash forecasting, liquidity management, payment operations, banking relationships, fraud prevention, treasury technology, payment controls, and organizational treasury strategy (including participating in NPT’s transformation project and related initiatives). The position will serve as the primary Treasury subject matter expert and advisor to Finance leadership, while building a scalable Treasury organization capable of supporting increasing transaction volumes, operational complexity, and future organizational needs.
This role requires a seasoned treasury professional with demonstrated experience managing high-value payment operations, leading banking relationships, implementing treasury controls, mitigating fraud risk, and developing treasury personnel in a complex financial services, nonprofit, banking, or investment environment.
The Treasury Director will work closely with Finance, Operations, Grants Administration, Investment Accounting, Compliance, Legal, Technology, and executive leadership to ensure Treasury is positioned as a strategic business partner and effective risk management function.
Compensation: $125,000 – $145,000 annual salary, plus 21% annual discretionary bonus.
Hybrid Work Schedule: This position follows a hybrid work schedule and requires onsite presence in our Conshohocken, PA office every Tuesday, Wednesday, and Thursday, with the flexibility to work remotely on Mondays and Fridays.
Key Responsibilities
Treasury Leadership & Strategy
- Lead the strategic direction of NPT's Treasury function.
- Develop and execute treasury strategies that support organizational growth, liquidity management, operational scalability, and risk mitigation.
- Establish Treasury objectives, policies, procedures, and performance standards.
- Build and maintain a best-practice treasury operating model.
- Advise senior leadership regarding treasury risk, liquidity management, banking strategy, and payment operations.
- Identify opportunities to improve treasury efficiency through automation, technology, and process enhancements.
- Participate in NPT’s Transformation Project as it relates to the disbursement lifecycle
Liquidity Management & Cash Forecasting
- Oversee daily liquidity management and enterprise cash positioning activities.
- Direct short-term and long-term cash forecasting processes.
- Develop strategies to ensure sufficient liquidity exists to support operational requirements, grantmaking activities, and investment needs.
- Partner with Investment Accounting and Finance leadership to coordinate liquidity planning and funding requirements.
- Evaluate cash management structures and recommend optimization opportunities.
Payment Operations & Treasury Execution
- Provide executive oversight over all treasury payment activities, including:
- Domestic and international wire transfers
- ACH transactions
- EFT payment platforms
- PayPal and other electronic payment channels
- Internal transfers
- Check disbursements
- Ensure payment operations are executed accurately, timely, and in accordance with established approval authorities.
- Establish performance metrics and service standards for treasury operations.
Treasury Risk Management & Fraud Prevention
- Serve as the Treasury owner for payment fraud prevention and treasury risk management.
- Design and maintain a comprehensive treasury control framework covering:
- Wire fraud prevention
- Business email compromise protection
- Cyber-enabled payment risks
- Account takeover prevention
- Segregation of duties
- User access governance
- Banking platform controls
- Oversee wire verification procedures and callback protocols.
- Direct Treasury's response to fraud events, payment incidents, and control exceptions.
- Regularly assess emerging treasury risks and recommend mitigating controls.
Banking & Financial Institution Relationship Management
- Serve as NPT's primary relationship manager with Bank of America and other banking partners.
- Lead bank relationship strategy, treasury service evaluations, contract negotiations, service reviews, and fee management.
- Evaluate banking technologies, products, and treasury solutions.
- Manage bank account structures, service implementations, and treasury platform enhancements.
- Maintain strong relationships with external banking and payment partners.
Treasury Technology & Transformation
- Lead treasury-related technology initiatives and system implementations.
- Partner with Finance and Technology teams on treasury-related projects, including:
- Treasury Management Systems (TMS)
- ERP integrations
- Banking platform implementations
- Automation initiatives
- Payment workflow enhancements
- Support organizational transformation initiatives requiring treasury expertise.
- Ensure treasury processes are scalable and aligned with future-state operating models.
Organizational Leadership & Team Development
- Provide leadership, coaching, and professional development to Treasury personnel.
- Build a high-performing Treasury organization focused on accountability, controls, customer service, and continuous improvement.
- Establish succession planning and cross-training practices to ensure business continuity.
- Create career development opportunities for Treasury staff.
- Foster a strong culture of controls, risk awareness, and operational excellence.
Cross-Functional Leadership
- Partner closely with:
- Grants Administration
- Investment Accounting
- Corporate Accounting
- Operations
- Technology
- Compliance
- Legal
- Executive Leadership
- Act as Treasury's representative on organizational initiatives and strategic projects.
- Provide treasury insights, reporting, and recommendations to senior leadership teams.
What You Bring
Required Experience
- Bachelor’s degree in accounting, Finance, Treasury, Business Administration, or related field.
- Minimum 10 years of progressive treasury experience.
- Minimum 5 years of treasury leadership or management experience.
- Demonstrated experience leading treasury functions in a complex financial environment.
- Significant experience overseeing high-volume and high-value wire operations.
- Experience managing liquidity, cash forecasting, and banking relationships.
- Proven success implementing treasury controls and fraud prevention programs.
- Experience leading treasury technology initiatives and operational transformations.
Preferred Qualifications
- Certified Treasury Professional (CTP).
- MBA or advanced finance-related degree.
- Experience in nonprofit, financial services, asset management, donor-advised fund, wealth management, trust, or banking environments.
- Experience managing Treasury Management Systems and banking platforms.
- Experience supporting large-scale operational or technology transformation initiatives.
Executive Competencies
- Strategic Thinking
- Treasury Leadership
- Risk Management
- Change Leadership
- Banking Relationship Management
- Financial Acumen
- Executive Communication
- Decision Making
- Team Development
- Process Improvement
- Organizational Agility
Why This Role Matters at NPT
The Treasury Director will provide strategic leadership over a critical function responsible for safeguarding billions of dollars of donor and organizational assets, managing liquidity, supporting grantmaking operations, overseeing banking and payment relationships, preventing fraud, and ensuring Treasury has the infrastructure, controls, talent, and technology necessary to support NPT's future growth.
Physical Requirements:
- Prolonged periods of sitting at a desk and working on a computer.