Treasury Associate

Cerberus Capital Management LP; New York (NY); On-site; USD 115,000 - 125,000; Full time

Job summary

Cerberus Capital Management is recruiting an Associate to join our Treasury team in New York. The role focuses on liquidity management, cash positioning, and financing optimization, with opportunities to lead data initiatives and automation projects within a global platform. The candidate should have 3–5 years in treasury, strong Excel skills, and familiarity with TMS like Kyriba. A competitive salary and bonus accompany robust benefits.

Qualifications

• 3–5 years in treasury roles within broker-dealer or hedge funds.
• Knowledge of money markets and PB/repo funding.
• Experience with Excel, macros, pivot tables; Bloomberg advantageous.
• Familiarity with Treasury Management Systems (TMS) like Kyriba is a plus.
• Bachelor’s degree from a top-tier institution.

Responsibilities

• Manage debit and credit balances across prime brokers daily to minimize financing costs.
• Oversee bank connectivity via SWIFT and FTP.
• Monitor cash positions and implement treasury policies.
• Lead data collection projects and build analytical tools for treasury.
• Administer domestic and international bank relationships and accounts.
• Coordinate with senior management and auditors.

Skills

Treasury management

Cash flow optimization

Excel

Bloomberg

Attention to detail

Process improvement

Education

Bachelor’s degree

Tools

TMS/Kyriba

Job description

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $71 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.

Job Purpose:

Cerberus Capital Management (CCM) is recruiting an Associate to join our Treasury team. Our Treasury team manages CCM’s liquidity and oversees all capital activity needed to manage day-to-day firm operations.

• Manage debit and credit balances across prime brokers (PBs) and custodian(s) on a daily basis, with a focus on minimizing financing costs, laddering out term funding, and working with Portfolio Finance on optimizing positions
• Manage the bank file connectivity via SWIFT and FTP
• Monitor domestic cash positions to ensure sufficient liquidity for expenditures. Help implement best practice treasury policies and procedures
• Primarily focused on cash & collateral management, including the calculation of USD and non-USD cash balances and projections
• Liaise with Capital team and prepare for upcoming subscriptions and redemptions
• Lead strategic Treasury team projects and initiatives relating to data collection, the buildout of analytical tools, and work process automation
• Execution of investment and operational cash expenditures
• Cash activity booking and reconciliation as well as diversification of cash reserves
• Administer domestic and international bank relationships, accounts, and analyses
• Liaise with senior management, domestic and international offices, outside counsel, third-party administrators, and auditors
• Ad-hoc account and fund maintenance

Key Requirements:

• Bachelor’s degree from a top tier institution
• 3 to 5 years of experience with a broker-dealer or a hedge fund/alternative asset manager in a treasury role
• General financial market knowledge and experience, specifically the money markets and PB/repo funding
• Knowledge about TMS/Kyriba (Treasury Management Systems) a plus
• Plus if have traded or invested cash in the money markets
• Exceptional process management skills and strong attention to detail
• Knowledge of Excel, macros, pivot tables, Bloomberg

The base salary for this position is expected to be between $115,000.00 and $125,000.00. The base salary offered to the chosen candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by the Company in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus [which is often a meaningful portion of the compensation package,] and a robust benefits package.