Director, Treasury Operations: Cash & Settlement Expert

Madison-Davis, LLC; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Madison-Davis, LLC, a leading financial institution, seeks a Director, Treasury Operations to oversee daily operations across a multi‑product treasury environment. You will ensure timely processing, settlement, reconciliation, and control of treasury transactions in money markets, securities, derivatives, FX, and repos.

You will collaborate with Front Office, Operations, Technology, and external banking partners to maintain accurate cash positions, resolve trade and settlement issues, and

Qualifications

• 5+ years of experience in treasury operations or related financial services.
• Experience supporting treasury products such as securities, money markets, repos, derivatives, FX, or futures and options.
• Experience with trade processing, settlement, reconciliation, and cash management.
• Strong understanding of P&L, position, pricing, and cash reconciliation.
• Experience with trading, treasury, custody, or settlement platforms.

Responsibilities

• Oversee daily treasury operations across money market, securities, derivatives, FX, and repo products.
• Reconcile daily P&L, positions, pricing, and cash activity between trading and operational systems.
• Verify and confirm trades and monitor settlements, fails, and outstanding transactions.
• Maintain accurate daily cash positions and coordinate funding transfers as needed.
• Monitor nostro, custody, transit, and control accounts and resolve discrepancies.
• Process and reconcile variation margin, collateral, and margin calls.
• Monitor FX, bond, repo, futures, and options positions and P&L.
• Process treasury-related payments, journal entries, trade assignments, and adjustments.
• Coordinate with Front Office to investigate and resolve trade, valuation, and settlement discrepancies.
• Maintain operational controls, procedures, reporting, statistics, and supporting documentation.
• Prepare treasury and pledged asset reports for internal stakeholders.
• Identify opportunities to improve treasury processes, controls, and operational efficiency.

Skills

Advanced Excel

Attention to detail

Communication skills

Time management

Problem solving

Education

Bachelor's degree in Finance, Accounting, or Business

Tools

Trading platforms

Excel reporting tools

Job description

Madison-Davis, LLC, a leading financial institution, seeks a Director, Treasury Operations to oversee daily operations across a multi‑product treasury environment. You will ensure timely processing, settlement, reconciliation, and control of treasury transactions in money markets, securities, derivatives, FX, and repos.

You will collaborate with Front Office, Operations, Technology, and external banking partners to maintain accurate cash positions, resolve trade and settlement issues, and