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Treasury Associate

Grosvenor Capital Management | Chicago, IL

Job Summary

$27 billion AUM hedge fund company. Maintain cash forecasting analyses for alternative investment funds. Undergraduate degree in accounting, finance, or other relevant major with a superior grade point average. 2+ years business experience in the financial industry or in public accounting.

Details

As a member of the Treasury team within Grosvenor’s Finance Department, the Associate will have a primary focus on conducting investment operations-related responsibilities pertaining to cash and liquidity management, portfolio hedging and counterpart risk management, as well as ensuring that the decisions of the appropriate governing bodies and committees are implemented appropriately.

Position Responsibilities:

The role will be involved in the following critical activities:

  • Maintain cash forecasting analyses for alternative investment funds, including offshore and domestic domiciled limited partnerships and corporations.
  • Actively manage all the investment funds’ cash activity and the liquidity and settlement for underlying fund investments.
  • Assist in the management of foreign currency trading and exposure by forecasting, trading, and settling foreign currency forwards. Preserve compliance with ISDA agreements.
  • Assist in the establishment of credit facilities. Test and report on covenants.
  • Assist in the management of banking relationships and maintenance of liquidity lines of credit, including monthly compliance reporting.
  • Participate in the management of counterparty risk by diversifying exposures to various counterparties, monitoring the financial health of counterparties, including credit ratings and CDS premiums, reviewing quarterly and annual financial reports and presenting trends to the CFO.
  • Implement, and execute policies and procedures to reduce operational risk and improve efficiencies.
  • Initiate payment authorizations, wire blotters and confirmation schedules.
  • Liaise between the firm and its external vendors including banks, administrators, and trading counterparties.
  • Participate in cross-department working groups and special projects as required.
  • Provide the highest level of client service to Grosvenor’s clients and internal stakeholders.
  • Routinely handle confidential information and apply strict confidentiality and sensitivity in the dissemination of information.

Desired Skills and Experience

The individual in this position should have experience working in the financial industry. The ideal experience and critical competencies for the role include the following:

  • Undergraduate degree in Accounting, Finance, or other relevant major with a superior grade point average.
  • 2 to 3 years business experience in the financial industry or in public accounting. A prior focus in the asset management segment of the financial services industry is preferable, and particularly in the alternative investment segment.
  • Working knowledge in the following areas:
  • Cash and Liquidity Management.
  • Cash Management and Execution.
  • Cash Forecasting and Settlement.
  • Lending Facilities Management.
  • Portfolio Hedges.
  • Calculate foreign currency exposure and the impact of offsetting risk by utilizing forward foreign currency contracts.
  • Counterparty Risk Management.
  • Monitor various counterparties.
  • Background in foreign currency funds and valuation a plus.
  • Must have strong PC experience and be highly proficient in MS Excel, MS Word.
  • Experience with general ledger and portfolio software is desirable.
  • Demonstrated interest in and knowledge of accounting and finance.
  • Capacity to work well in a fast paced, changing environment with a high level of flexibility.
  • Excellent writing and listening skills with a proven ability to disseminate information effectively and articulate your thoughts in a clear and concise manner to both clients and staff through written correspondence, presentations and/or meetings.
  • Proven ability to take control and manage tasks independently to closure.
  • Attention to detail and concern for quality and accuracy of final product (and ability to balance that concern with deadlines).
  • High degree of integrity and the ability to recognize the requirements of confidentiality.
  • Demonstrated self-starter, continuous learner and independent thinker who is able to work collaboratively with others.
  • Well organized and must have the ability to manage multiple tasks simultaneously in a cross functional team environment.
  • Commitment to excellent client service.
  • Outstanding decision making and problem solving skills.

In terms of cultural fit, the successful candidate will be self-motivated and be energized by working amongst a group of thoughtful, smart, fast-paced and successful colleagues. He or she will enjoy being a part of an organization focused on excellence and will be a naturally collaborative individual who enjoys interacting with individuals at all levels. Additionally, he/she will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.

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  • Job Reference #: 97680115
  • Min Education: BA/BS
  • Min Experience: 2 years

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