Member of Finance, Treasury Operations Associate
At Anchorage Digital, we are developing the most advanced digital asset platform for institutions to engage in the realm of cryptocurrencies.
Anchorage Digital is a well-established crypto platform that allows institutions to participate in digital assets by offering custody, staking, trading, governance, settlement, and leading security infrastructure services. Anchorage Digital Bank N.A. is the sole federally chartered crypto bank in the U.S., with additional services available through Anchorage Digital Singapore and Porto by Anchorage Digital.
The company has garnered support from prominent institutions like Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a Series D valuation exceeding $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has expanded with offices in New York, Porto, Singapore, and Sioux Falls.
This is a rare chance to contribute to establishing a world-class Treasury Operations function within a prominent company in the fast-moving digital asset industry. As the Treasury Operations Associate at Anchorage Digital, you will handle treasury activities related to cash and digital asset management, wire payments, and liquidity management. Your role will involve aiding in the creation of treasury policies, procedures, and controls, as well as supporting treasury-related projects to aid the company's growth.
This position demands a meticulously detailed individual familiar with treasury management principles and presents an opportunity to significantly impact the company's financial achievements. In this role, you are entrusted with fostering a culture of continuous improvement and strategic innovation to contribute to the organization's success.
Your responsibility will be to oversee the corporate treasury function for dynamic and high-growth areas at Anchorage Digital, offering significant visibility across the organization.
Technical Skills:
- Proficiency in managing daily cash management processes
- Experience in initiating and approving wire transfers and token transfers
- Ability to analyze and optimize fund flows considering costs and liquidity risk
- Manage liquidity for cryptocurrency trading operations ensuring sufficient cash reserves
- Calculate the cost of capital for business units
- Experience with reporting on cash and crypto positions, fund access, exceptions, incidents, and liquidity stress test results
Complexity and Impact of Work:
- Manage daily liquidity requirements supporting various financial needs
- Design and enforce corporate bank wire and vault access policies and controls
- Maintain adequate funding levels in company bank accounts
- Assist in optimizing the corporate asset portfolio
- Contribute to capital planning and balance sheet strategy
- Perform liquidity stress testing
- Identify and resolve potential issues affecting corporate treasury operations
Organizational Knowledge:
- Understand the regulatory landscape affecting Treasury Operations
- Collaborate within internal teams to facilitate smooth execution of treasury functions
- Comprehend daily reporting requirements related to cash and crypto positions, fund access, exceptions, incidents, and liquidity stress test results
Communication and Influence:
- Effectively communicate treasury information to stakeholders
- Manage relationships with internal partners addressing operational requests
- Collaborate with cross-functional teams to ensure compliance with finance policies for bank accounts and service agreements
Your profile may be suitable for this role if you possess:
- 3-5 years of Treasury Operations experience
- Keen attention to detail
- Strong problem-solving skills in analyzing complex problems
- Ability to thrive in a fast-paced environment with changing requirements
While not mandatory, additional favorable qualities include:
- Appreciation for themes like the soundtrack of Hamilton, focusing on financial innovation
About Anchorage Digital:
The team at Anchorage Digital, known as the Anchorage Village, combines expertise in platform security, financial services, and distributed ledger technology to provide crucial infrastructure enabling institutions to safely engage in the evolving digital asset ecosystem. Consisting of more than 300 diverse members united in the mission of shaping the future of finance, Anchorage Digital fosters inclusivity and a supportive environment for all individuals to do their best work.
