Senior Associate - Treasury & Capital Markets

About The Role

Cash Management & Liquidity

• Manage daily cash positioning and short- to long-term cash flow forecasting across private credit and performing credit funds.
• Ensure sufficient liquidity for trade settlements, margin requirements, and operational needs.
• Prepare and distribute liquidity reports to the investment team, highlighting funding needs, constraints, and forward-looking cash dynamics.
• Build and maintain Power BI dashboards and reporting to track liquidity, funding requirements, and portfolio-level cash dynamics.

Fund Finance & Leverage Facilities

• Maintain and monitor leverage, subscription, and fund finance facilities, including borrowing base calculations and covenant compliance.
• Run and review borrowing base reports, ensuring accuracy and timely reporting to lenders.
• Support the creation, upsizing, and ongoing management of facilities as LPs close and fund structures evolve.
• Maintain strong relationships with relationship banks and fund finance providers.

Fx Hedging & Risk Management

• Oversee subscription-level and asset-level FX hedging programs to protect funds against currency exposure.
• Execute and rebalance FX hedges on a regular (weekly) basis in line with portfolio changes and capital activity.
• Produce hedge attribution for the FX book, ensuring fund accounting teams can accurately attribute P&L across strategies, funds, and individual deals.

Systems, Controls & Process Improvement

• Deliver and maintain treasury systems, including leading the implementation of a Treasury Management System (TMS), such as Kyriba.
• Enhance treasury controls, reporting, and operational processes to support a growing and increasingly complex platform.
• Develop and enhance reporting capabilities using Power BI and other analytics tools to improve visibility and decision-making.

Stakeholder Collaboration & Leadership

• Work closely with fund accounting, administrators, custodians, and internal finance teams to ensure timely processing of subscriptions, redemptions, and related hedging actions.
• Act as a key point of escalation for treasury-related issues across funds and strategies.
• Deputize for the Treasury Director when required, including assuming full treasury responsibility during periods of absence.

Required

• 5–8+ years of experience in treasury, fund finance, or capital markets within asset management, private credit, or alternative investments.
• Strong experience with cash management, liquidity forecasting, and leverage facilities.
• Practical knowledge of FX hedging and exposure management, with understanding of hedge attribution and P&L mechanics.
• Experience working with fund accounting teams and third-party administrators.
• Proven ability to manage multiple stakeholders and operate with a high degree of autonomy.
• Strong Power BI and data visualisation capability, with experience building dashboards and reporting for treasury or investment teams.