Head of Treasury Operations

Position Description

The Head of Treasury Operations will be responsible for overseeing the execution, settlement, and reconciliation of complex trade and treasury activities within the OCIO environment. This strategic role involves driving operational excellence, managing risk, and optimizing liquidity and cash flow across diverse investment strategies. This role will work closely with the CIO team, custodians, brokers, and internal teams to develop and implement best practices, enhance operational efficiency, and ensure compliance with internal policies and external regulations.

The ideal candidate will provide thought leadership, mentor junior team members, and play a key role in shaping the overall operational framework for treasury operations function. The candidate should be hardworking and must be able to lead colleagues and third parties, prioritizing and completing multiple tasks and meeting key investment deadlines.

The company has a ‘small business’ atmosphere and attitude. The successful candidate should be ready for wide-ranging responsibilities in multiple areas and will be expected to be flexible and willing to do whatever it takes to contribute to the firm’s continued success.

Reporting Monitoring

• Oversee the preparation and delivery of trade and treasury reports to senior management.
• Develop key performance indicators (KPIs) to measure trade execution quality and liquidity performance.
• Provide insights and recommendations to optimize capital allocation and funding decisions.
• Ensure timely and accurate financial reporting for trade and treasury activities.

Investment Execution

• Have a detailed understanding of alternative investment products, with specific attention paid to the terms of the funds (e.g. fee classes, minimums, fund notice periods, gates, lock up periods)
• Oversee investment documentation for client and pooled vehicle execution (e.g. hedge fund subscription and redemption documents, brokerage applications)
• Perform detailed reviews of execution instructions and investment documentation
• Ensure all transactions are recorded and tracked accurately using in-house systems
• Ensure settlement and failed trades are monitored daily

Risk Management and Compliance:

• Ensure all trade and treasury activities are executed in compliance with internal controls and external regulations.
• Identify operational risks and develop mitigation strategies.
• Monitor counterparty exposure and ensure adherence to limits and guidelines.
• Prepare and support internal and external audits related to trade and treasury operations.
• Develop and enforce procedures to minimize operational risks and trade errors.

Treasury and Cash Management

• Oversee daily cash management across multiple portfolios and currencies.
• Manage cash forecasting, funding, and liquidity needs to support portfolio strategies.
• Execute and monitor foreign exchange (FX) transactions and hedging programs.
• Manage cash positioning and funding requirements for capital calls, redemptions, and distributions.
• Ensure timely and accurate execution of cash movements and wire transfers.
• Optimize cash utilization and minimize idle cash positions.
• Collaborate with portfolio managers to structure liquidity solutions based on portfolio mandates.

Team Leadership and Development:

• Act as a leader for the Treasury Operations teams.
• Mentor and train junior team members, fostering a culture of excellence and accountability.
• Provide leadership in cross-functional initiatives and strategic projects.
• Develop talent and succession planning strategies for the trade and treasury teams.
• Promote a high-performance culture focused on continuous improvement and innovation

Qualifications / Attributes

The ideal candidate will have strong understanding of financial instruments, including public and private markets. Expertise in trade lifecycle management and cash flow process with strong attention to detail, problem-solving skills, and ability to multi-task in a fast-paced environment. The candidate should have a deep knowledge of treasury and liquidity management strategies, strong leadership and management skills and excellent and effective communication and stakeholder management skills.

• Bachelor’s degree in Finance, Economics, Accounting, or related field
• 10 years of experience in trade operations, treasury, or investment operations
• Experience in managing complex, multi-asset portfolios in a global environment
• Strong understanding of derivatives, FX, and private market structures
• Knowledge of regulatory requirements (e.g., MiFID, EMIR, Dodd-Frank)
• Professional certifications (e.g., CFA, CTP, or FRM) strongly preferred
• Ability to multi-task and prioritize daily workloads while working efficiently and accurately
• High degree of integrity and professionalism with strong interpersonal and communication skills
• Highly proficient in technology and tools: Microsoft Excel, PowerBI, other data query tools

Benefits

Partners Capital is committed to being a great place to work. We are focused both on wellbeing and professional growth. You can expect professional development and career progression opportunities, competitive compensation, exceptional benefits, and a flexible “results-focused” working model. Our benefits package includes medical, dental, and vision insurance, short and long-term disability insurance, life insurance, flexible spending accounts, commuter benefits, paid time off and a 401(k) plan with employer matching. The Firm also supports global philanthropy via a charity program and volunteer day. In addition, we champion a variety of wellness and social events.

Contact Details

Please send your CV to NorthAmericaRecruiting@partners-cap.com with the subject: Head of Treasury Operations. Further information about Partners Capital is available on our website www.partners-cap.com.

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