Treasury Lead for Fund Cash & Debt (Hybrid)

Monroe-Capital-LLC; Chicago (IL); Hybrid; USD 85,000 - 150,000; Full time

Job summary

Monroe Capital LLC in Chicago seeks an experienced treasury professional to lead day-to-day cash management for its fund vehicles and related entities. The role focuses on ensuring timely funding for investments and operations, developing efficiencies, and collaborating across Deal Teams, Fund Finance, and Accounting.

The ideal candidate has hands-on experience with subscription lines and securitized debt facilities, manages multiple banking relationships, and can work in a hybrid office setting

Qualifications

• 5+ years of treasury experience, including fund specific treasury management.
• Experience managing multiple banking relationships and familiarity with subscription lines and securitized debt facilities.
• Ability to multi-task, balancing many responsibilities simultaneously.
• Strong written and verbal communication skills.

Responsibilities

• Directly manage the day-to-day cash needs of the firm’s fund vehicles to ensure the firm is efficient with client monies while ensuring funding is available timely to fund new investments and fund ongoing operations
• Manage or oversee junior staff regarding treasury communications with Deal Teams, Fund Finance, Fund Compliance, Allocations, Accounting and various other teams and develop strong relationships which improve transparency and ensure successful communication of treasury needs
• Work closely with the various teams with respect to Treasury’s role in supporting and managing the multiple funding sources for our fund vehicles including bank credit facilities, securitizations and investor capital
• Close and book new fund debt facilities within Wall Street Office (WSO) and update WSO for amendments and restructures to existing facilities. Review relevant draft legal documents and provide value added operational comments
• Review and/or prepare borrowing and paydown requests for fund debt facilities as outlined in each facility document and provide timely communication of these requests to the agents on the debt facilities
• Maintain WSO for all debt facility transactions, reconcile outstanding positions and interest with the debt facility agents and coordinate the payment of principal and interest on the facilities
• Manage foreign currency hedging transactions and reconcile transactions and outstanding forward contracts with hedge counterparties
• Coordinate with new account openings with custodian banks
• Communicate treasury activities effectively with internal and external stakeholders
• Respond to internal and external inquiries regarding cash and debt balances, interest, fees and expenses and respond to ad-hoc requests and audit inquiries
• Review and understand the changing needs of the business and implications of future growth and proactively identify and effect the changes this will require on Treasury with respect to people, process and technology
• Special projects upon request

Skills

Treasury management

Fund finance

Cash flow forecasting

Bank relationships

Communication

Team leadership

MS Office

Education

Bachelor’s Degree in Finance or Accounting

Tools

Wall Street Office (WSO)

Job description

Monroe Capital LLC in Chicago seeks an experienced treasury professional to lead day-to-day cash management for its fund vehicles and related entities. The role focuses on ensuring timely funding for investments and operations, developing efficiencies, and collaborating across Deal Teams, Fund Finance, and Accounting.

The ideal candidate has hands-on experience with subscription lines and securitized debt facilities, manages multiple banking relationships, and can work in a hybrid office setting