Treasury Associate

Responsibilities

• Monitor fund liquidity and identify buying power inefficiencies across PBs, FCMs, and bilateral counterparties.
• Build out a more robust reporting system that captures timely and accurate broker margin figures.
• Improve prime broker and vendor data to report daily margin excess to senior members of the team.
• Identify highly margined positions at PBs and work toward getting improvements from counterparties directly or potentially moving positions away.
• Collaborate with Macro Operations to request trade recaps to answer questions on the accuracy of certain bilateral margin figures and work with counterparties to improve accuracy.
• Interact with Prime Brokers (PBs) to run "what if" scenarios on portfolios across our PBs to ensure maximum buying power and discover certain PB strengths in particular asset classes.
• Assist with analytics around certain trading strategies to ensure we are utilizing the best PBs for maximum efficiency.
• Work with our vendors on the replication of more complex margin rule sets so we may enhance the current working capital reporting and attribution to Portfolio Managers.
• Ensure our margin/risk vendors are accurately reporting margin data and interact with other members of the Treasury team to streamline the working capital reporting.
• Review daily margin call wires set up by our vendor to ensure accuracy and make sure they are fully approved to satisfy bilateral margin calls.
• Be involved in cash optimization across leverage providers to mitigate financing costs.
• Work with internal teams to enhance the reporting of key Treasury data to management.
• Assist in the bank account opening process with new and existing providers and work internally to ensure they are set up properly.

Requirements

• 4+ years of experience working in a Treasury or related group.
• Prior experience with different types of prime broker margin rule sets.
• Experience in the margin treatment of multiple asset classes.
• Knowledge of cash/wire movements.
• Strong written and verbal communication skills.
• Strong Excel skills required; SQL, Python, and VBA are a plus.