Treasury Operations Senior Associate

The Treasury Operations, Senior Associate located in Boston will play a critical role in supporting the trade execution, settlement, and treasury functions supporting the firm’s clients and multi-asset pooled vehicles through the completion of investment execution. This position involves managing complex trade and cash flow activities across a wide range of asset classes and investment strategies, ensuring seamless operational efficiency, and maintaining strong oversight of liquidity and cash management. As key stakeholders of investment execution, Trade Operations and Treasury team members are expected to have a high degree of attention to detail and understanding our execution policies and procedures.

The candidate will be an integral member of the global Client Operations Team, with broad scope for progression into multiple specialist functions within the team. The role has a wide-ranging responsibility and involves working with the Operations and Investment teams across all offices. The candidate should be hardworking and must be able to interact with 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 and Analysis:

• Prepare daily, weekly, and monthly trade and cash reports for internal and external stakeholders.
• Generate performance attribution reports and analyze cash flow trends.
• Provide insights to improve trade execution, liquidity management, and operational efficiency.
• Maintain up-to-date records of trade and cash activity for reporting and analysis

Investment Execution

• Grasp 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)
• Prepare complete and accurate investment documentation for client and pooled vehicle execution (e.g. hedge fund subscription and redemption documents, brokerage applications)
• Act as authorized trader in the execution of public markets (e.g. ETFs) and mutual fund transactions
• 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

Treasury and Cash Management

• Manage daily cash flow and liquidity across multiple portfolios and currencies.
• Execute cash movements, wire transfers, and funding activities in alignment with portfolio strategies and cash needs.
• Monitor and forecast liquidity needs to support portfolio rebalancing and capital calls.
• Ensure accurate reconciliation of cash balances and activity across all custodian accounts.
• Support the implementation and enhancement of treasury management systems and tools.
• Manage cash inflows and outflows related to capital calls, redemptions, and distributions.
• Coordinate funding for private market investments, ensuring appropriate capital reserves.
• Work closely with investment teams to manage liquidity for both strategic and tactical asset allocation decisions.
• Track capital activity and provide reporting to portfolio managers and senior management

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 excellent communication and relationship management skills and have proficiency with financial systems (e.g., Bloomberg, Power BI).

• 4 years of experience in trade operations, treasury, or investment operations (preferably in an OCIO, asset management, or institutional environment)
• Bachelor’s degree in finance, Economics, Accounting, or a related field
• High degree of attention to detail and experience inputting and reviewing large sets of data and documents
• Experience with complex portfolio structures and multi-currency environments
• Knowledge of regulatory requirements related to trading and cash management
• Articulate self-starter with strong analytical and organizational skills
• Bloomberg experience both in general and execution specifically
• Experience with custodian portals of all kinds
• 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
• Team player who is willing to do whatever it takes to contribute to the success of the business
• Comfortable receiving and providing feedback from/to direct manager and Partners

Benefits

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: Treasury Operations, Senior Associate. Further information about Partners Capital is available on our website www.partners-cap.com.

For all California residents, please click here to view the Partners Capital California Applicant Privacy Notice