Cash & Collateral Analyst
Posted on 5/11/2023
Chicago, IL, USA
Experience Level
  • 2+ years of experience in cash/collateral/liquidity management; previous experience working in financial markets preferred
  • Bachelor's degree in Finance or Accounting preferred
  • SWIFT and Foreign currency transaction experience
  • Intermediate knowledge of various trading/financing instruments and life-cycle events preferred
  • Working knowledge of general ledger systems and strong Excel skills
  • Comfortable working in a dynamic growing trading environment
  • Ability to work collaboratively in a team environment and communicate directly with all levels within the organization
  • Organizational skills and ability to meet tight deadlines
  • Strong business acumen and excellent analytical and problem-solving skills
  • Excellent written and verbal communication skills are critical
  • Process funds transfers and manage incoming and outgoing cash effectively on a daily basis in multiple currencies and across multiple entities
  • Monitor firm-wide wire and cash activity to maintain sufficient cash balances
  • Liaise with banks to open new accounts, close retired accounts, respond to KYC requests, and address any account issues and queries
  • Issue and receive all firm margin calls; validate and reconcile all margin calls liaising with other teams as necessary
  • Report daily on the firm's global liquid assets and collaborate with Treasury team members to invest excess cash
  • Project cash/margin requirements and liquidity position through analysis and financial reports
  • Maintain accuracy in financial transactions and reports; ensure security and confidentiality of financial records
  • Prepare ad-hoc reports on cash/liquidity positions and cash usage for senior management

1,001-5,000 employees

Proprietary trading firm
Company Overview
DRW's mission is to build revolutionary finance. The company is doing this by building a system that applies modeling, technology and quantitative research to identify opportunities in the global financial markets.
  • Daily catered breakfast & lunch
  • Massages
  • Social events
  • Gym subsidy
  • Flexible work arrangements
  • Monthly tastings
  • Game room
  • On-site yoga classes and meditation
  • Employee led affinity groups
  • Mentor/mentee outings
  • Trivia nights
  • Educational opportunities
  • DRW-sponsored sports teams
  • Poker tournament
  • Private mother's suite
Company Core Values
  • Integrity - In order to collaborate thoughtfully and build strong relationships, we value transparency and hold ourselves and our people accountable.
  • Critical thought - We like solving problems and discussing technical and research topics. We question what we think we know.
  • Learning - Continual growth and exploration, both formally and in our day-to-day interactions, helps build our skills individually and as a team.
  • Challenge consensus - We achieve the highest standard of success by challenging our decision making every day. Our formula? Strong opinions, loosely held.
  • Preparation - Always be prepared for the expected and the unexpected. We adapt as the markets evolve, and in-depth research helps us do that.
  • Respect - Our work environment is diverse, and that diversity makes us stronger. We collaborate thoughtfully, and hold each other in high regard.
  • Sense of urgency - In a fast-paced industry, we adapt and are always ready to act. Priorities shift, objectives evolve and we move quickly to adjust.