Jan 25, 2024

Treasury Associate

$125,000 - $150,000 yearly
  • Wall Street Careers
  • New York, NY, USA
Full time Operations | Middle Office Treasury

Job Description

Company: Credit Asset Manager with over $50B of AUM. (high-yield bonds, leveraged loans, private lending, distressed investments, structured products)

Responsibilities:

  • The treasury team manages CCM’s liquidity and oversees all capital activity needed to manage day-to-day firm operations
  • Manage debit and credit balances across prime brokers (PBs) and custodian(s) daily, with a focus on minimizing financing costs, laddering out term funding, and working with Portfolio Finance on optimizing positions
  • Manage the bank file connectivity via SWIFT and FTP
  • Monitor domestic cash positions to ensure sufficient liquidity for expenditures
  • Help implement best practice treasury policies and procedures
  • Primarily focused on cash & collateral management, including the calculation of USD and non-USD cash balances and projections
  • Liaise with the Capital team and prepare for upcoming subscriptions and redemptions
  • Lead strategic Treasury team projects and initiatives relating to data collection, the buildout of analytical tools, and work process automation
  • Execution of investment and operational cash expenditures
  • Cash activity booking and reconciliation as well as diversification of cash reserves
  • Administer domestic and international bank relationships, accounts, and analyses
  • Liaise with senior management, domestic and international offices, outside counsel, third-party administrators, and auditors
  • Ad-hoc account and fund maintenance
Requirements:
  • 2-5+ years of buy-side treasury operations, cash management with exposure to high yield, bank debt, structured products, derivatives
  • General financial market knowledge and experience, specifically the money markets and PB/repo funding
  • Exceptional process management skills and strong attention to detail
  • Knowledge of Excel, macros, pivot tables, Bloomberg
  • Bachelor’s degree 

Firm Description

Alternative Investments, Collateralized Loan Obligation (CLO), Credit Fund, Direct Lending, Hedge Fund

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