Treasury Associate

About the role

The Associate supports debt management activities across HarbourVest funds and is responsible for coordinating day-to-day credit operations. This role partners closely with internal collaborators and counterparties from the banking sector outside the organization to ensure accurate, timely, and well-controlled execution of treasury activities.

Responsibilities

• Maintain accurate records of credit facility agreements and ensure Treasury Workstation data and static data entries are updated in a timely and accurate manner.
• Update quarterly fee allocations for umbrella funds and coordinate with the Accounting team to support related cash movements.
• Review bank charges and track required updates and follow-up actions.
• Partner with Cash Operations, Capital Markets, and Accounting teams to support the management of credit arrangements.
• Support quarterly covenant compliance processes in partnership with the Accounting team.
• Contribute to projects that enhance automation, improve controls, and streamline credit operations workflows.
• Perform additional responsibilities and special projects, as assigned.

Cash Operations Management

• Process intercompany and management fees as part of the rotation and collaborate with Corporate Accounting to ensure timely payment execution.
• Input static data into Treasury Workstation as part of the rotation for new business units, bank accounts, counterparties, FX/MMKT exposures, and other items to support the Infrastructure pillar.

Static Data Management

• Process intercompany and management fees as part of the rotation and collaborate with Corporate Accounting to ensure timely payment execution.
• Input static data into Treasury Workstation as part of the rotation for new business units, bank accounts, counterparties, FX/MMKT exposures, and other items to support the Infrastructure pillar.

Support Continuous Improvement Initiatives

• Support continuous improvement initiatives focused on strengthening credit operations processes, controls, and efficiency.

Qualifications

• Solid understanding of credit facilities, treasury operations, and related financial processes.
• Hightly diligent with a strong dedication to accuracy and quality.
• Strong organizational and time-management skills, along with proficiency in managing competing priorities and meeting deadlines.
• Demonstrated analytical and problem-solving skills with the ability to identify issues and recommend practical solutions.
• Excellent written and verbal communication skills, capable of working effectively across internal teams and external banking partners.
• Collaborative and proactive standout colleague possessing a robust client service orientation.
• Understanding of compliance requirements, covenant monitoring, and processes dedicated to maintaining oversight related to credit facilities.
• Experience with banking portals and treasury management systems such as FIS Integrity or Kyriba is preferred.
• Advanced Excel skills, including experience with pivot tables and CSV uploads, are preferred.

Skills

• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Proficiency in managing competing priorities and meeting deadlines.
• Understanding of compliance requirements, covenant monitoring, and processes dedicated to maintaining oversight related to credit facilities.
• Experience with banking portals and treasury management systems such as FIS Integrity or Kyriba.
• Advanced Excel skills, including experience with pivot tables and CSV uploads.

Benefits

Base Salary Range: $85,000.00 - $90,000.00
This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements.
This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance.
In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs.

Pay

This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance.

Schedule

The position is a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.