This is a Fully Remote Job
About Our Client:
The organization operates within the sports industry, focusing on enhancing the experience for sports fans. Established in 2020, it has quickly grown by developing products in fantasy sports, sports betting, and prediction markets, all integrated into a single user-friendly application. This company addresses the challenge of creating engaging, seamless sports-related platforms and has achieved significant growth in this competitive space.
About the Opportunity:
The TREASURY MANAGER role is critical in managing treasury operations within a regulated financial environment tied to sports-related financial services. This position ensures proper handling of capital movement, liquidity, and regulatory compliance, directly supporting the organization's financial integrity and regulatory standing. The manager influences treasury strategy, governance, and banking relationships, contributing to the scalability and financial operations of the company.
Responsibilities:
Prepare and manage daily customer fund segregation and secured amount calculations under regulatory requirements
Monitor bank concentration limits and assess counterparty credit conditions
Support regulatory reporting, audits, and examinations related to treasury and cash management
Collaborate with Accounting, Compliance, and Operations to maintain accurate and compliant treasury processes
Manage daily cash positions considering withdrawals, margin requirements, and regulatory minimums
Initiate and approve wire transfers following strict internal controls
Support margin funding for exchanges and clearinghouses
Monitor liquidity and maintain records of cash, collateral, and bank balances
Develop cash forecasting in partnership with Finance
Build and maintain banking and payment provider relationships
Lead negotiations on banking, payment provider, and credit facility terms
Develop strategies for managing excess cash within regulatory constraints
Contribute to treasury policy, controls, and authorization framework development
Evaluate treasury technology and identify improvements for systems and automation
Partner with Product, Engineering, and Accounting teams on liquidity planning and treasury reporting
Requirements:
Significant experience managing treasury operations in regulated financial institutions such as FCMs, broker-dealers, clearing firms, or banks
Familiarity with FCM, DCM, and DCO operations and market-maker business aspects
Knowledge of customer protection or reserve calculations; experience with CFTC segregation or SEC Rule 15c3-3
Strong skills in cash management, wire controls, and bank reconciliation
Experience negotiating banking and credit facility agreements
Exceptional attention to detail and understanding of regulatory financial risks
Ability to operate independently in a high-pressure, deadline-driven environment
Understanding of segregation of duties and organizational reporting structures
Effective collaboration skills across multiple departments and organizational levels
General knowledge of sports betting, fantasy sports, and prediction markets
Bachelor's degree in Finance, Accounting, or related field
Pay Range and Compensation Package:
The target starting base salary range for this position is between $128,000 and $160,000, plus target equity. Final compensation will be determined based on relevant experience, skills, interview performance, and market factors.
Benefits & Perks:
Medical insurance
Dental insurance
401(k) plan
Equal Opportunity Statement:
Our client is an equal opportunity employer. They celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, or national origin.
Note:
TalentHop is a recruitment partner of this role. Please note that all employment decisions, including candidate assessment, interviews, hiring, compensation, and employment terms, are made exclusively by the hiring employer.