The Treasury Associate - Strategy and Operations will assist with firm-wide capital and liquidity management operations at Hudson River Trading (HRT). The role will involve cross-team collaboration with a variety of HRTers to manage firmwide capital planning/forecasting, FX exposure and hedging, and counterparty risks as well as coordinating treasury operational movements to ensure adequate funding throughout the business. To be successful in this role, you must have an interest in financial technology, capital markets, FX risk management, and process improvement, coupled with the critical thinking skills necessary to optimize the daily operations of capital management/treasury functions.

Responsibilities

• Monitor the firm’s capital and collateral used for trading purposes daily, including the calculation of USD and non-USD cash balances and projections
• Interact with Business Development, Financial Strategy, Operations, and Middle Office teams to optimize capital efficiency
• Assist with team projects and initiatives related to data collection, the buildout of analytical tools, and work process improvement and automation
• Support the rollout of new initiatives in cash and capital management, cash forecasting, and reporting areas within the Treasury Department
• Interact with external financial institutions, including FX banking partners
• Collaborate on system implementation projects to improve automation
• Identify analytical needs and process improvements
• Facilitate other ad hoc requests
• Verify, analyze, and (if necessary) dispute all margin calls and recalls prepared by the team
• Manage debit and credit balances across prime brokers (PBs) and custodians on a daily basis, with a focus on minimizing financing costs, laddering out term funding, and working with FinStrat to optimize positions
• Manage foreign currency risk for a dynamic, multi-program (cash flow hedging, balance sheet hedging, net investment hedging, etc.) FX hedge portfolio
• Identify currency exposures and develop appropriate hedge strategies
• Analyze hedging performance and investigate gaps/anomalies/discrepancies
• Provide coverage of cash and capital management, including global bank administration, daily cash operations (corporate and trading-related), and risk management (FX) responsibilities for the Treasury Operations team

Qualifications

• Bachelor’s degree in finance, accounting, or a related field required
• 4+ years of experience in a similar role
• Series 99 certification is encouraged prior to starting with the firm
• Familiarity with bank account-related documentation
• Exceptional analytical, organizational, and communication skills
• Working knowledge of SQL, Python, and VBA
• Attention to detail is a must
• Ability to handle multiple priorities in a time-sensitive and dynamic environment