Treasury Operations Associate

Selby Jennings - New York, NY

Full-time - Mid Level

New York, NY

251-500 employees

Administrative and Support Services

About the position

The Treasury Operations Associate role at a fast-growing Broker Dealer company involves managing treasury operations to maximize returns while ensuring compliance with regulatory and risk management guidelines. The position requires leadership skills to mentor the Treasury Operations team and collaboration with the Data team to forecast growth and optimize asset allocations. The role is crucial for overseeing daily cash movements and conducting reconciliations within the brokered sweep program.

Responsibilities

• Strategically manage treasury operations to maximize returns while adhering to regulatory and risk management guidelines.
• Lead, mentor, and support the Treasury Operations team, promoting their professional development.
• Collaborate with the Data team to forecast growth, determine optimal asset allocations, and report key business metrics related to the sweep program.
• Monitor and report on key performance indicators (KPIs) within Treasury Operations.
• Oversee the daily movement of client funds within the brokered sweep program and across various products and entities.
• Conduct daily cash reconciliations for the brokered sweep program, using a proprietary algorithm for optimal distribution across bank partners.

Requirements

• Active FINRA licenses, with a preference for candidates holding the SIE and Series 99.
• Knowledge of SEC/FINRA Broker Dealer regulations (e.g., 15c3-1 Net Capital rules, 15c3-3 Customer Reserve rules) is a plus.