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Rotunda in Winter

About Office of the Treasurer

Mission and Vision

We focus on forging strong relationships, managing capital, and mitigating risk with the goal of enabling the University’s aspirations, minimizing financial distraction, and providing peace of mind to our customers.

Values

  • Trust - Show character and competence, respecting the time and expertise of all
  • Humility - Act in the University's interest first
  • Service - Understand our customers, overcome boundaries and forge partnerships
UVA Campus

TREASURY MANAGEMENT

Services

  • Debt Management - Issue short and long term debt, manage external financial relationships, and maintain the University’s debt ratings
  • Cash Management - Ensure adequate University liquidity, forecast short term and long term cash flows, and manage bank accounts and funds transfers
  • Internal Banking - Offer debt financing options and internal loans to units, offer short term investment alternatives to units, and assist departments in complying with University policies regarding cash deficits, cash handling, and safeguarding University assets.
Lambeth Stadium

PROPERTY & LIABILITY RISK MANAGEMENT

Services

  • Risk Financing - Maintain numerous insurance and self-insurance programs to protect the University and the University community against property and liability losses on Grounds and worldwide
  • Claims Management - Manage all property and liability claims that occur on University Grounds or arise from University operations worldwide—includes subrogation against third parties causing damage to University property
  • Loss Prevention - Provide risk management advice to the University community on all aspects of property and liability exposures, and provide advice on University contracts and agreements with respect to insurance, indemnification, liability limitations, and loss control.
Darden Campus

ENTERPRISE RISK MANAGEMENT (ERM)

Services

  • Key Risk Management - Identify and mitigate Academic Division and Health System enterprise level risks that could jeopardize or enable the University’s ability to meet its overarching strategic and operational objectives
  • Mitigation Confidence - Inform executive management and BOV leadership of the level of confidence related to mitigation of key risks at the University
  • Risk Communications - Facilitate risk management discussions and activities at University-wide and department levels
  • Higher Education Networks - Represent UVA in various networks of higher education ERM interactions.
Cabell Hall Library

UNIVERSITY-RELATED FOUNDATION RELATIONS

Services

  • Collaborative Solutions - Strategically partner with foundations on key University community  efforts (e.g. Gift Processing Transition, UVAF real estate financing)
  • Liaison for Foundations - Provide a point of contact to help foundations navigate University interactions and systems
  • Foundation Administrators Network (FAN) - Bring together foundation administrators to share key University information and facilitate business best practices across the 26 foundations
  • Administrative and Policy Oversight - Serve as the President’s designee for general administrative oversight of University-related foundation relationships and facilitate policy compliance

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Welcome

The Office of the Treasurer is the steward of the University’s financial resources, practicing sound financial management in support of academic, scientific and faculty excellence. Reporting directly to the Executive Vice President and Chief Operating Officer, the Treasurer’s office ensures the sustainability of the University’s mission and goals by:

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