Job Description
Global investment management firm is an experienced VP of Treasury to join the Global Treasury Operations team within Investment Operations at their Los Angles headquarters. This is an exciting opportunity to join a newly created group! The candidate will be responsible for daily liquidity management and cash forecasting as well as the future development of the Treasury workflows and technology. The successful candidate will be a self-starter, process-oriented, and extremely flexible with an ability to define, design, create and improve treasury functions.
*Hybrid 3 days/week onsite*
*$250K - $310K total comp (base + annual bonus)*
Responsibilities include:
Liquidity Forecasting and Stakeholder Management
- Prepare liquidity forecasts for Accounting and Financial Planning and Analysis Teams by managing all inputs and reconciliations (starting cash balances, asset borrowings and repayments, capital activity, upcoming deployment pipeline and trade settlements)
- Standardize liquidity reporting to both internal and external stakeholders.
- Answer inquiries regarding cash availability and liquidity needs.
- Create and maintain KPI’s to facilitate continuous improvement for both external parties and internal stakeholder
Bank Account Management
- Sourcing and opening bank accounts, including all required currency accounts, and managing sweep options on excess cash.
- Sourcing new banking relationships and vetting them with both internal and external stakeholders
- Building and strengthening existing banking relationships while ensuring Ares has the right support model at the banks.
Cash Operations and Wires
- Support activities for overnight monitoring of inputs to the cash management function (investment pipeline, currency balances, unsettled trading activity, etc.).
- Track non-investment related cash movements (contributions/withdrawals, fees, etc.).
- Design and maintain controls to ensure all cash transactions were accurately recorded; work with banks to resolve and clear all cash account exceptions as needed.
- Monitor inbound/outbound data feeds between Treasury Management System and various systems and build controls to ensure data accuracy.
- Help investigate cash breaks
- Sourcing settled and traded cash balances and transactions to provide central visibility, oversight, and data integrity. Implement controls to ensure data sourced is accurate and timely.
- All cash and wire movements are centralized for processing, tracking and audit purposes, including collateral management, delayed draw funding's, deal closing, and expense payments. Ensure all centralized data flows properly into the liquidity reports.
- Build and maintain portfolio level credit facility data, servicing, all associated cash flow management, and reconciliations, including all systematized borrowing base modeling, testing, calculation, and maintenance.
Qualifications
Education:
- Bachelor’s degree in Finance or other business related discipline
Experience Required:
- Minimum of 10 years of experience in top tier, global capital markets or investment management firms with experience in Treasury Operations, Cash Management, and/or Accounting
- Prior experience with an Alternative Asset, Fixed Income, Leveraged Loan preferred.
- Strong knowledge of liquidity forecasting and cash modeling
- Experience with Hazeltree, Everest, Wall Street Office, Geneva, and/or IVP data management platforms preferred.
- Experienced with a diverse set of investment vehicles such as Institutional Separate Accounts, SMA/Limited Partnerships, Open-End Mutual Funds, Closed-End Funds and UCITs, CLOs, and complex fund structures.
- Intermediate-level technical skills a bonus (VBA, SQL, Excel, Power BI, etc.)
- Understanding of basic accounting theories
- Knowledge of complex fund structures a plus
- Experience working with financial intermediaries like investment banks, leverage providers, broker/dealers and Prime Brokers a must.
- Experience building and implementing workflows, inclusive of monitoring controls for ongoing due diligence.
General Requirements:
- Ability to successfully manage multiple complexes, time sensitive priorities and competing demands with multiple stakeholders by leveraging a hands-on approach.
- Strong time management and prioritization skills; ability to work under tight deadlines in a fast-paced environment.
- A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative, and fast-paced environment, proactive in nature, and a proven ability to resolve issues with minimal supervision.
- Proven outstanding communication (written and verbal), presentation, documentation, and interpersonal skills.
- Ability to successfully manage multiple priorities and competing demands.
- Good judgment in terms of escalating issues vs. solving problems independently.
- A solutions-oriented, self-starter and ability to see the big picture.
- Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment.
- Dependable, great attitude, highly motivated and a team player
- Strong sense of ownership and accountability; demonstrates sound judgment and decision-making.
- An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes.
Job Tags
Flexible hours, Night shift, 3 days per week,