What are the responsibilities and job description for the Vice President, Fund Treasury | Los Angeles, CA, USA position at Oaktree Capital Management, L.P.?
Our Company
Oaktree is a leader among global investment managers specializing in alternative investments, with $205 billion in assets under management as of December 31, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1200 employees and offices in 23 cities worldwide.
We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.
Responsibilities
The Vice President will lead the day-to-day Fund Treasury operations including payment processing, capital activity, bank account management, bank portal user administration and bank relationship management for Oaktree's funds and managed accounts. In addition, the individual will take a lead role with projects, transformation, and technology implementations. This person will also collaborate with internal teams and the firm's financial institutions on various initiatives to increase automation, improve processes, identify, and evaluate technology-based solutions, and establish straight-through-processing.
Responsibilities include :
- Develop, implement and maintain necessary governance documentation including policies and procedures, controls, and process flows over treasury activities
- Oversight of bank accounts and managing interest bearing options for excess cash inclusive of sweep accounts
- Assist and support a future Treasury Management System (TMS) implementation
- Oversight of future TMS upgrades and / or maintenance with internal teams while managing impact to daily operations
- Support and manage system integrations between internal and external systems while monitoring data flows for accuracy
- Assist approval related tasks which can include : payments, payment templates, bank account requests and account data validation across various platforms
- Rollout and train users on system, features and / or enhancements which have impact on existing processes
- Provide leadership and guidance to Treasury team fostering an environment that encourages employee participation, teamwork and communication
- Partner and collaborate with multiple stakeholders across Treasury, Compliance, Finance, Technology, Legal and Risk to achieve organizational goals
- Lead transformation projects including technology-enabled initiatives while clearly presenting ROI and efficiencies
- Assist in internal audit, risk management and compliance reviews working as a subject matter expert to address action items to strengthen our controls and mitigate risk
- Strengthen bank relationships with regular reviews across financial institutions including investment banks, prime brokers and custodians to improve Oaktree's banking structure and cash management
- Develop Bank Fee Analysis across banking relationships
- Identify and communicate critical roadblocks, prioritization, resource allocation, and key decision making
- Develop KPIs and metrics, analyzing trends and introduce reporting to key stakeholders
- Performing various other tasks and projects as required
Qualifications
Personal Attributes
Education
Bachelor's degree in Business, Finance, Accounting or related field
Base Salary Range
165,000 - $200,000
In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and / or qualifications, industry knowledge and expertise, as well as prior training and education.#J-18808-Ljbffr
Salary : $165,000 - $200,000
