Senior Manager, Treasury and Financial Assurance

I. Job Summary
Assists in managing WMs $9 billion financial assurance program which consists of surety bonds letters of credit corporate guarantees insurance policies bank guarantees and escrow/trust agreements. Manages and performs advanced analyses and assists in high level recommendations on a variety of treasury and financial assurance activities including cash and investment management; financial assurance portfolio structure and cost; managing the Companys captive insurance subsidiaries and financing activities such as bond transactions share repurchases and leasing. This position will actively participate in special ad hoc and crossfunctional projects and collaborate with both internal customers and external service providers in order to carry out a broad scope of responsibilities within the Treasury and Risk Management department.

II. Essential Duties and Responsibilities
To perform this job successfully an individual must be able to perform each essential duty satisfactorily. Other minor duties may be assigned.

• Actively manages and reviews the incoming financial assurance requests to ensure that customers needs are met on a timely and effective basis. Requires a working understanding of the various financial instruments that are customarily used as well as an understanding of the credit ratings and bond limits of the companys surety providers. Regularly direct placement of new instruments amongst various banks and surety companies with a focus on risk mitigation and relationship management. Must be prepared for a fastpaced environment with significant focus on providing excellent customer service to the Companys business units.
• Is a key point of contact with third parties used to support WMs financial assurance needs including surety brokers banks surety companies and maintain positive working relationships with each counterparty providing professional and timely feedback in all interactions.
• Ensures that WM has adequate credit capacity and flexibility in secured financial assurance mechanisms to support changes in regulations and business needs. When required support the arrangement and administration of lines of credit with appropriate banks and other financial services organizations to support liquidity and financial assurance needs.
• Responsible for monitoring and assessing the cost of the financial assurance portfolio which includes reviewing the summary analyses of costs and accounting reports to ensure expense recognition is appropriate.
• Assist in the evaluation of the companys financing activities including lease versus buy analysis bond financings and bank facilities.
• Manage coordinate and collaborate with a cross functional team on the review execution recording and reporting of leases.
• Review debt instrument information and wire payments within treasury management system.
• Participates in meetings with external providers to discuss current state of the WM programs as well as new product or offerings.
• Review month and quarterend reports reconciliations and PBC schedules to support Accounting/Audit reporting requirements.
• Assist in the planning and execution of the Companys share repurchase strategies.
• Manage daily operations of captive insurance companies and lead the review of monthly quarterly and annual financial activity. Participate in monitoring and managing of the captive investments portfolio.
• Use professional judgment and accounting/finance experience to assess the companys overall financial position (computation of key financial ratios benchmarking and stress testing) which will contribute to the compilation of financial presentations to management the Board of Directors senior management or the credit rating agencies as well as quarterly compliance reporting.
• Crosstrain with all functional Treasury groups and provide analytical support to the Treasury and Risk Management department on ad hoc/special projects.

III. Supervisory Responsibilities
The highest level of supervisory skills required in this job is the management of managerial employees. This includes:

• Direct supervision of 2 fulltime employees.
• Indirect supervision of 1 fulltime employee.

IV. Qualifications
The requirements listed below are representative of the qualifications necessary to perform the job.

A. Education and Experience

• Education: Bachelors degree (accredited) in Accounting Finance Business Administration or similar area of study or in lieu of degree High School Diploma or G.E.D. (accredited) and 4 years of relevant work experience.
• Masters degree in Accounting Finance or Business Administration highly preferred.
• Experience: Ten years of relevant work experience (in addition to education requirement).

B. Certificates Licenses Registrations or Other Requirements

• None required.

C. Other Knowledge Skills or Abilities Required

• Must be authorized to work in the US.
• Must be local to the Houston area; no relocations for this role.

V. Work Environment
Listed below are key points regarding environmental demands and work environment of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. This job primarily operates in a professional office environment and routinely requires the use of standard office equipment such as computers phones etc.

Normal setting for this job is: office setting/hybrid.

Benefits
At WM each eligible employee receives a competitive total compensation package including Medical Dental Vision Life Insurance and Short Term Disability. As well as a Stock Purchase Plan Company match on 401K and more! Our employees also receive Paid Vacation Holidays and Personal Days. Please note that benefits may vary by site.

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