The Team: 

The Corporate Treasury (“Treasury”) team at Upstart plays an important and strategic role in overseeing  corporate cash, liquidity, debt and risk management strategies while managing the fund flow of borrowers, financial institutions and institutional investors. Treasury is structured into the following teams: Capital Markets, Investor Services and Treasury.  

Upstart has experienced growth in part because we take a clear-eyed, analytical approach to everything we do. The right candidate will excel at organizing both ideas and people as well as problem solving. You will have a bias toward action and innate ability to break down complex problems by defining requirements and removing blockers. 

Upstart is seeking a highly motivated and results-driven Treasury Lead.  Reporting to the Senior Director of Treasury,  The Treasury Lead  will play an important role in balance sheet forecasting and management, capital structure optimization, risk management and long-term financial and liquidity planning and execution. 

How you’ll make an impact

• Oversee and manage corporate cash and liquidity, including cash forecasting,  planning to support short-term and long-term corporate objectives
• Collaborate closely with FP&A to maintain detailed financial models to support forecasting and scenario analyses
• Manage the cash management processes including the daily cash reconciliation, month-end/quarter-end reporting/reconciliation with the Accounting team
• Administer financial arrangements including letters of credit issuance and amendments, credit facilities, covenants and compliance certificates
• Formulate and execute capital market activities to enhance shareholder value and strategic Treasury objectives including bank and rating agency presentations, deal analysis for refinancing and funding requirements. Analyze, structure and execute financing initiatives to optimize capital structure and costs of funds
• Generate monthly and quarterly reporting to fulfill internal and external audit requirements, maintain treasury presentation materials and key metrics reporting for senior management
• Work closely with finance leadership to manage investment portfolio  risk and cash funding requirements with opportunities for additional yield
• Ensure governance/controls in place for successful execution of financial reporting for Treasury activities and financial transactions including compliance with Sarbanes-Oxley Act (SOX) requirements

Minimum Qualifications 

• 5+ years of experience in banking, finance, accounting  and/or corporate finance including experience in cash management and financial modeling, developing and executing capital market transactions and strategies
• Strong financial modeling skills with quantitative background to support data-informed decision making
• Understanding of financial industry, capital markets and regulatory landscape 
• Bachelor’s or Master’s/MBA degree in Finance, Economics, Accounting, or a related field.  CFA a plus

Preferred Qualifications

• Mission-driven,  intellectually curious, goal driven and a bias to action
• Strategic thinker with strong tactical skills, must have the ability to identify and prioritize opportunities in ambiguous contexts, develop detailed solutions that align with the company’s goals and execute iteratively
• Self-motivated individual who can multitask in a fast paced environment and demonstrated abilities in prioritizing and working on  multiple projects with minimal direction
• Collaborative, team player, can-do  attitude with the ability to effectively deliver results in cross-functional projects

Position location This role is available in the following locations: San Mateo, CA

Time zone requirements The team operates on the West coast time zones.

Travel requirements As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.

What you’ll love: 

• Competitive Compensation (base + bonus & equity)
• Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart 
• 401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
• Employee Stock Purchase Plan (ESPP)
• Life and disability insurance
• Generous holiday, vacation, sick and safety leave  
• Supportive parental, family care, and military leave programs
• Annual wellness, technology & ergonomic reimbursement programs
• Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
• Catered lunches + snacks & drinks when working in offices

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