2027 Treasury Summer Intern

GCM Grosvenor; Chicago (IL); On-site; USD 65,000 - 70,000; Full time

Job summary

GCM Grosvenor is seeking a Treasury Intern to support cash and liquidity management, hedging activities, and counterparty risk oversight. You will assist in cash forecasting, fx handling, credit facilities, and banking relationships while gaining exposure to investment operations in a fast-paced asset management environment.

The role emphasizes Excel proficiency, strong communication, and the ability to work cross-functionally in a Chicago-based setting.

Qualifications

• The candidate is pursuing an undergraduate degree in Accounting or Finance with a strong GPA.
• Preference for exposure in asset management, especially alt investments.
• Proficiency in MS Excel, Word, SharePoint and familiarity with ledger/portfolio tools.
• Demonstrated interest in accounting and finance and ability to work in fast-paced settings.
• Strong writing, listening, and communication skills with attention to detail.

Responsibilities

• Liquidity management of the GCM Grosvenor managed funds including cash forecasting and reporting.
• Participation in FX exposure forecasting, pre-trade prep, and settlement activities.
• Assistance in establishing and supporting credit facilities.
• Banking relationships management including account opening and maintenance.
• Support for securities and derivatives trading activity.
• Assist in counterparty risk management and reporting to CFO.
• Support policies to reduce operational risk and improve efficiency.
• Liaise with external banks, administrators, and trading counterparties.
• Participate in cross-department projects and client service activities.

Skills

Excel

Word

SharePoint

Portfolio software

Financial analysis

Education

Pursuing undergrad in Accounting/Finance

Tools

General ledger software

Portfolio software

Job description

As a member of the Treasury team within Grosvenor’s Finance Department, the Intern will have exposure to conducting investment operations-related responsibilities pertaining to cash and liquidity management, portfolio hedging and counterparty risk management, as well as ensuring that the decisions of the appropriate governing bodies and committees are implemented appropriately.

RESPONSIBILITIES

The intern will be involved in the following activities:

• Responsible for liquidity management of the GCM Grosvenor managed funds. This includes cash forecasting, payment processing, FX exposure management, liquidity management reporting, temporary investments, etc.
• Participate in FX exposure management through forecasting, pre-trade preparation, and settlement of foreign exchange transactions.
• Assist in the establishment and ongoing support of credit facilities.
• Assist in the management of banking relationships including bank account opening and ongoing maintenance.
• Support securities and derivatives trading activity.
• Participate in the management of counterparty risk by diversifying exposures to various counterparties, monitoring the financial health of counterparties, including credit ratings and CDS premiums, reviewing quarterly and annual financial reports and presenting trends to the CFO.
• Implement, and execute policies and procedures to reduce operational risk and gain efficiencies.
• Liaise between the firm and its external vendors including banks, administrators, and trading counterparties.
• Participate in cross-department working groups and special projects as required.
• Provide the highest level of client service to Grosvenor’s clients and internal stakeholders.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

The ideal candidate should possess:

• Pursuing an undergraduate degree in Accounting, Finance, or other relevant major with a superior grade point average
• A prior focus in the asset management segment of the financial services industry is preferable, and particularly in the alternative investment sub-segment.
• Must have strong PC experience and be highly proficient in MS Excel, MS Word and SharePoint. Experience with general ledger and portfolio software is desirable.
• Demonstrated interest in and knowledge of accounting and finance.
• Capacity to work well in a fast paced, changing environment with a high level of flexibility.
• Excellent writing and listening skills with a proven ability to disseminate information effectively and articulate your thoughts in a clear and concise manner to both clients and co-workers.
• Proven ability to take control and manage tasks independently to closure.Attention to detail and concern for quality and accuracy of final product (and ability to balance that concern with deadlines).
• High degree of integrity and the ability to recognize the requirements of confidentiality.
• Demonstrated self-starter, continuous learner and independent thinker who is able to work collaboratively with others.
• Well organized and must have the ability to manage multiple tasks simultaneously in a cross functional team environment.
• Commitment to excellent client service.
• Outstanding decision making and problem-solving skills.
• Curiosity about AI and a willingness to use AI-enabled tools, such as Claude and ChatGPT, to improve productivity, problem-solving, and day-to-day workflows.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.

Intern positions are classified as short-term roles and therefore are not eligible for company-sponsored benefits, including health insurance, paid time off, or the 401(k) plan.

This position is not eligible for employer visa sponsorship now or in the future (including, but not limited to, H-1B, TN, or other employment-based visas). Applicants must be currently authorized to work in the United States without the need for employer sponsorship now or in the future. Applicants requiring future sponsorship for continued work authorization (for example, following F-1 OPT/CPT, or J-1 status) are not eligible.

Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.

CHICAGO ANNUAL PAY RANGE

$65,000 - $70,000 USD

ABOUT THE FIRM

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $97 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.

The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com .

EQUAL OPPORTUNITY EMPLOYER M/F/D/V