Senior Associate, Treasury

Job Description

Job Description

Salary : COMPANY OVERVIEW

Cercano Management LLC (Cercano) is a newly formed SEC-registered investment manager focused on ultra-high net worth clients and the entities associated with those clients, such as a family foundation. Cercano is based in Bellevue, WA, with offices in Minneapolis, MN, and Singapore. Cercano invests globally for its clients, commonly operating as the family office Chief Investment Officer. The team has extensive experience in direct investing in all stages of venture capital, private equity, private credit, and public equities on a global basis.

Cercano offers services for all aspects of a clients assets or family office. The team also has experience working with clients who have significant investments in non-financial assets on a global scale, such as fine art, professional sports teams, entertainment properties, intellectual property, commercial real estate, farmland, and personal residential estates.

POSITION MISSION

This position will play a key role in supporting the treasury team helping to manage liquidity, cash investments, banking relationships, and forecasting. The Senior Associate, Treasury will need to have a strong client focus to ensure safety and security of the clients assets at all times. This position will play a key role in ensuring all liquidity needs for the clients are met as well as generating returns on cash. This will require a high level of analytical capabilities to create forecasts and communicate with senior leadership. The person will need to have a complete portfolio mindset to ensure all investment teams have the information needed on liquidity to effectively manage their investments.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Cash Management

• Experience with a Treasury Management System.
• Ideal candidate will have prior experience with Hazeltree Treasury Management system, but experience with other systems such as Kyriba, G Treasury, or Reval is sufficient.
• Collaborate and communicate across investment, middle office, tax, technology, reporting, and fund accounting teams to process private asset deal transactions. Candidate will lead the Treasury process to ensure proper liquidity is in the correct entities and accounts, wire instructions have been verified and setup correctly, the capital call process has been completed, and the beneficiary has received the funds. Candidate will proactively ensure all steps are completed and present to management finalized liquidity plans and have cash movements set up to ensure proper settlement and timing.
• Partner with public equity portfolio managers and middle office to effectively position cash to meet daily trading needs.
• Ideal candidate will have prior experience managing futures and ISDA collateral margin and provide portfolio management teams recommendations on maintaining proper collateral and margin to support trading positions.

Foreign Exchange Management

Cash Reporting & Forecasting

Global Banking Relationships

Strategic Initiatives

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, experience, skill, and / or ability

Required

Experience | Education | Certifications

BASE SALARY : $135,080 - $170,320 on annual basis

SALARY DETAILS :

Pay will be based on multiple factors, including, and not limited to location, relevant experience / level and skillset while balancing internal equity. Our discretionary bonus program is in addition to the base compensation range listed above. Cercano is committed to fair, unbiased compensation along with competitive benefits in all locations in which we operate.

TOTAL REWARDS :

Cercano offers a comprehensive benefits package including medical, dental and vision insurance, Health Savings Account with generous annual employer contribution, Flexible Spending Accounts for health and dependent care, vacation and sick time off, paid holidays, paid parental leave, and the opportunity to participate in a 401(k) plan with a generous employer match of 50% of your own contributions up to the standard annual IRS limit, company paid life insurance, and a Health and Wellness Benefit. Employees are also eligible for reimbursement for approved professional development activities.

Cercano is an equal opportunity employer. Every qualified applicant will be considered for employment. We do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, marital status, sex, disability, political ideology, or veteran status, or other protected class.