Treasury Associate
Strategy and Operations
Posted on 2/14/2023
Hudson River Trading

501-1,000 employees

Multi-asset class quantitative trading firm
Quantitative Finance
Company Overview
Hudson River Trading's mission is to bring a scientific and technological approach to financial trading.
Chicago, IL, USA
Experience Level
Desired Skills
Operations & Logistics
Finance & Banking
  • 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
  • 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