Treasury & Capital Manager

DV Trading; Chicago (IL); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

HSA, FSA, and Dependent Care Options

Employer Paid Group Term Life and AD&D

Voluntary LTD, Life & AD&D insurance

Flexible Vacation policy

Retirement plan with employer match

Job summary

DV Trading, based in Chicago, seeks an experienced Treasury & Capital Manager to oversee daily liquidity, cash management, funding, and capital management across multiple entities. You will work with senior finance, trading desks, banks, and brokers to ensure efficient deployment of cash and capital.

The ideal candidate has strong treasury experience, excellent Excel skills, and a track record of managing multi-entity liquidity in fast-paced trading environments.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Approximately 2-5 years of relevant treasury or liquidity-management experience.
• Experience managing cash across multiple legal entities and banking relationships.
• Strong understanding of liquidity management, collateral, margin, funding, and capital allocation.
• Advanced Excel skills including formulas, pivot tables, data analysis, and large-data reconciliation.
• Strong analytical skills and high attention to detail.
• Ability to manage time-sensitive cash movements and competing priorities.
• Excellent communication and relationship-management skills.
• Experience at a proprietary trading firm, hedge fund, broker-dealer, investment bank, or financial institution.
• Experience with regulated broker-dealer capital and liquidity requirements.

Responsibilities

• Oversee daily liquidity across broker-dealers and trading entities.
• Monitor bank, clearing broker, and prime broker balances, cash, margin, and collateral.
• Prepare daily cash-position and liquidity reports for senior management.
• Develop and maintain short- and medium-term cash forecasts.
• Coordinate funding and cash movements between banks and entities.
• Strengthen relationships with banks, brokers, and other counterparties.
• Review financing costs, credit facilities, and treasury terms.
• Identify opportunities to improve yield and reduce costs.
• Coordinate intercompany funding and capital contributions.
• Support onboarding and maintenance of banking and brokerage relationships.
• Develop Excel-based models for cash visibility and forecasting.

Skills

Excel advanced

Treasury management

Cash forecasting

Banking relationships

Financial analysis

Intercompany funding

Attention to detail

Communication

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Treasury management systems

Banking platforms

Financial-data tools

Job description

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview:
We are seeking an experienced Treasury & Capital Manager to oversee the firm’s daily liquidity, cash management, funding, and capital-management activities. This individual will work closely with senior finance leadership, trading desks, clearing brokers, banking partners, and other internal stakeholders to ensure that cash and capital are deployed efficiently across the organization. The ideal candidate will have strong treasury or financial-services experience, excellent Excel skills, and the ability to manage multiple entities, banking relationships, and brokerage accounts in a fast‑paced trading environment.

• Manage daily cash and liquidity across the firm’s broker-dealers and other trading entities.
• Monitor bank, clearing broker, and prime broker balances, including cash, margin, collateral, and available liquidity.
• Prepare daily cash-position and liquidity reports for senior management.
• Develop and maintain short- and medium-term cash forecasts.
• Coordinate funding and cash movements between banks, brokers, and affiliated entities.
• Monitor capital levels and liquidity requirements across regulated and nonregulated entities.
• Help ensure that regulated entities maintain appropriate capital and liquidity buffers.
• Manage and strengthen relationships with banks, clearing brokers, prime brokers, and other financial counterparties.
• Review interest rates, financing costs, credit facilities, deposit arrangements, and other treasury terms.
• Identify opportunities to improve yield on excess cash and reduce borrowing, financing, and banking costs.
• Coordinate capital contributions, distributions, and intercompany funding.
• Support the negotiation, onboarding, and maintenance of banking and brokerage relationships.
• Establish and maintain appropriate controls over cash movements, wire transfers, account access, and treasury processes.
• Develop Excel-based models and reporting tools to improve cash visibility, forecasting, and capital allocation.
• Partner with Accounting, Tax, Legal, Compliance, Operations, and Trading teams on treasury-related matters.
• Support management with liquidity stress testing, scenario analysis, and strategic capital planning.

Requirements:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Approximately 2-5 years of relevant experience in treasury, liquidity management, banking, brokerage, or financial services.
• Experience managing cash across multiple legal entities, bank accounts, or brokerage relationships.
• Strong understanding of liquidity management, collateral, margin, funding, and capital allocation.
• Advanced Excel skills, including complex formulas, pivot tables, data analysis, financial modeling, and large-data reconciliation.
• Strong analytical skills and exceptional attention to detail.
• Ability to manage time-sensitive cash movements and competing priorities.
• Excellent communication and relationship-management skills.
• Demonstrated ability to build scalable processes and implement effective financial controls.
• Experience at a proprietary trading firm, hedge fund, broker-dealer, investment bank, or other financial institution.
• Experience with regulated broker-dealer capital and liquidity requirements.
• Familiarity with prime brokerage, clearing, securities financing, futures, or derivatives.
• Experience working across international entities and multiple currencies.
• Familiarity with treasury-management systems, banking platforms, and financial-data tools.
• CFA, CTP, CPA, or other relevant professional designation is a plus.
• Discretionary bonus eligibility
• Medical, dental, and vision insurance
• HSA, FSA, and Dependent Care Options
• Employer Paid Group Term Life and AD&D insurance
• Voluntary LTD, Life & AD&D insurance
• Flexible Vacation policy
• Retirement plan with employer match

Base Salary Range

$100,000 - $130,000 USD