About Wealth Enhancement Group
Wealth Enhancement Group is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 55,000 households from our over 100 offices - and growing - nationwide.
Since 1997, Wealth Enhancement Group has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.
We have an excellent opportunity for a Director of Treasury and Financial Risk Management. This individual will lead the functional efforts of treasury and Financial Risk Management for Wealth Enhancement.
The targeted salary range is $185-$195K; this role is also eligible for a corporate bonus and equity.
We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.
Primary Job Functions
Treasury Management:
Oversee cash forecasting and cash flow analysis to support capital allocation and strategic decision-making.
Manage relationships with financial institutions, including banks, lenders, internal counterparts and credit teams at private equity partners.
Collaborate with M&A team on key cash flow items related to deal economics
Develop and implement treasury strategies and policies to optimize cash flow, liquidity, and working capital.
Monitor daily cash positions and execute cash management strategies to meet the company’s financial needs.
Oversee Earnout processes and communications partnering with key partners including advisor services and compliance.
Financial Risk Management:
Identify, assess, and mitigate financial risks, including interest rate risk, market risk, liquidity risk and business risks (flows, demographics).
Develop and implement financial risk management policies and procedures.
Maintain a comprehensive understanding of capital markets and economic trends to inform risk management strategies.
Collaborate with cross-functional teams to ensure alignment with the company’s risk appetite.
Team Leadership:
Build and lead a high-performing treasury and risk management team.
Provide mentorship, guidance, and training to team members.
Foster a culture of continuous improvement and risk awareness within the department.
Compliance and Reporting:
Ensure compliance with debt covenant compliance requirements and reporting
Support regulatory reporting for registered entities
Prepare regular reports for senior management and board of directors on treasury and risk management activities, including cash flow, liquidity, solvency, hedging, risk exposure and performance metrics.
Education/Qualifications
Requires a 4-years degree in finance, accounting or related field
10+ year track record of driving results in a growth environment
Must be able to communicate and manage relationships sr. leadership across all departments
Demonstrated skills in coaching and mentoring team members
Exhibit solid thought leadership and problem-solving capabilities
Must actively pursue opportunities to increase visibility and value delivered throughout organization
Excellent command of Microsoft Excel, Word, PowerPoint, etc. with an aptitude to learn new software
IND123
#LI-REMOTE
#LI-JV1
Comprehensive Benefits Offerings
Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:
Training and professional development
Medical and dental coverage
401k – with match and profit sharing
Health care spending and savings accounts
Dependent care spending account
Vision coverage
Wellness programs and resources
Life insurance – employer paid
Short-term and long-term disability – employer paid
Paid Time Off
10 paid holidays each year
Paid parental leave
Tuition reimbursement
Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700
Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.
Click the following link to view Federal and E-Verify posters: Link
OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.
