Head of Treasury

Pantheon; City Of London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading investment firm in London is seeking a Head of Treasury to provide strategic leadership for managing liquidity and capital activities. The ideal candidate will have significant treasury experience in private markets, overseeing cash flow management and ensuring compliance with regulations. This role involves collaboration with various teams to support investment activities and meet investor expectations. You will contribute to a high-performance culture with a strong emphasis on innovation and operational excellence.

Qualifications

• Extensive leadership experience within a treasury or financial management role.
• Proven track record of driving strategic initiatives and leading high-performing teams.
• Deep understanding of private market asset classes and Treasury products.

Responsibilities

• Lead cash flow forecasting models across funds and entities.
• Oversee capital call scheduling across fund vehicles.
• Manage relationships with banks and fund administrators.
• Ensure compliance with AIFMD and SEC regulations.
• Support Investor Relations with due diligence queries.

Skills

Leadership experience

Strategic initiative drive

Communication skills

Analytical capabilities

Attention to detail

Tools

MS Office (Excel)

Job description

Overview

Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments, from primary fund commitments to co-investments and secondary purchases, across private equity, real assets and private credit. We have partnered with more than 650 clients, including institutional investors and private wealth advisers, with approximately $65bn in discretionary assets under management (as of December 31, 2023). Leveraging our specialized experience and global team across Europe, the Americas and Asia, we invest with purpose and lead with expertise to build secure financial futures.

Purpose of Position: The Head of Treasury will provide strategic leadership and direction to the Treasury function, ensuring alignment with the firm's goals. This senior role manages the platform's liquidity, capital calls and distributions, currency exposures, lending and short-term cash management. The ideal candidate will bring deep Treasury experience within private markets, strong analytical capabilities, and a proactive approach to supporting investment activity and investor expectations. This role involves driving innovation, fostering a high-performance culture, and ensuring the Treasury team supports the firm's growth and investment activities.

Reporting to: Head of Fund Finance

Responsibilities

• Liquidity, Cash Flow Management and Deal Funding
  • Lead the development and execution of cash flow forecasting models across funds and entities.
  • Ensure optimal liquidity to meet capital calls, fund investments, fee payments, GP commitments, and distributions.
  • Manage short-term cash investments to maximize yield within defined risk parameters.
  • Ensure timely funding of new deals.
• Capital Call & Distribution Management
  • Oversee capital call scheduling and coordination across multiple fund vehicles, working with Fund Finance and external service providers.
  • Monitor and manage fund-level and investor-level distribution processes.
  • Manage subscription line facilities or other treasury solutions to bridge cash flow timing.
  • Implement hedging strategies to mitigate currency risk, alongside Portfolio Management.
  • Collaborate with Risk and Compliance to ensure treasury operations meet regulatory standards.
• Banking & Counterparty Management
  • Establish and maintain relationships with banks, fund administrators and similar providers.
  • Ensure service providers deliver services in line with agreed SLAs.
  • Negotiate banking terms, FX services, credit facilities, and custody arrangements, when required.
• Controls, Compliance & Reporting
  • Implement and maintain robust controls over cash management, payment processes, and bank account access.
  • Ensure compliance with AIFMD, SEC, and other regulatory frameworks.
  • Produce regular treasury dashboards and ad hoc reports for senior management, investors, and auditors.
• Investor Support & Internal Collaboration
  • Support Investor Relations and Fundraising teams in responding to LP due diligence queries.
  • Work with Fund Finance, Portfolio Management, Legal, and Operations on capital activity and treasury planning.
  • Contribute to firm-wide initiatives, including system implementations and process automation.
  • Support liquidation of public stock positions received as distributions in kind.

Knowledge & Experience

• Extensive leadership experience within a treasury or financial management role.
• Proven track record of driving strategic initiatives and leading high-performing teams.
• Deep understanding of private market asset classes and Treasury products (FX, debt facilities, MMFs).
• Experience with complex lending structures and credit facilities.
• Experience in continuous operational change and process development.
• Excellent communication skills, both written and verbal, with experience dealing with a global client base.
• Proficiency in MS Office, particularly Excel.
• Strong ability to manage own workload and prioritize delivery.
• Exceptional attention to detail.

This job description is not exhaustive; you may be required to perform other duties as reasonably requested by your manager.

Pantheon is an Equal Opportunities employer, we are committed to building a diverse and inclusive workforce. If your past experience doesn\'t perfectly align, we still encourage you to apply.