Member of Finance, Treasury Operations Lead

At Anchorage Digital, a groundbreaking digital asset platform tailored for institutional crypto participation is being constructed. Anchorage Digital facilitates institutional engagement in digital assets through a range of services including custody, staking, trading, governance, settlement, and robust security infrastructure. It is the home of the only federally chartered crypto bank in the U.S., Anchorage Digital Bank N.A, and extends services globally through offerings in Singapore, Porto, and beyond.

Funding from prominent institutions like Andreessen Horowitz, Goldman Sachs, and Visa has fueled Anchorage Digital's exponential growth, with a valuation exceeding $3 billion in its Series D round. Established in 2017 in San Francisco, the company has expanded with offices across several locations. This unique opportunity entails spearheading the establishment of a world-class Treasury Operations function at a leading company within the rapidly evolving digital asset domain.

As the Treasury Operations Lead at Anchorage Digital, the role necessitates architectural design of the company's Treasury infrastructure, processes, and controls. Responsibilities include predominant management of cash flow, digital assets, and liquidity, alongside crafting, executing, and expanding Treasury Operations to accommodate the organization's expansion. Seeking a meticulous professional with a profound grasp of treasury management principles, this role offers a chance to significantly impact the company's financial trajectory.

Empowering and nurturing a culture of continuous improvement and strategic innovation within the company underpins this position. Success entails building a business that is agile, resilient, and adept at navigating the complexities of the crypto market while achieving strategic objectives. Leading the corporate treasury function for dynamic and high-growth areas at Anchorage Digital, visibility and influence across the organization are substantial.

Technical Skills:

• Expertise in overseeing daily cash management processes encompassing funding, forecasting, and variance analysis.
• Proficient in initiating and endorsing wire transfers and token transfers.
• Capability to analyze fund flows to optimize operations, considering costs, liquidity risk, and working capital.
• Management of liquidity and funding requirements for cryptocurrency trading operations ensuring ample cash reserves for margin requirements.
• Conduct cost of capital analysis per business unit and offer timely settlement of intercompany fees.
• Proficiency in reporting on cash and crypto positions, liquidity stress test results, and exceptions identified.

Complexity and Impact of Work:

• Oversee daily liquidity necessities like trading, vendor payments, corporate expenses, and regulatory capital requirements.
• Contribute to policy design, implementation, and monitoring of corporate bank wire and vault access.
• Ensure sufficient funding levels across all corporate bank accounts.
• Aid in corporate asset portfolio optimization and capital planning analysis.
• Undertake liquidity stress testing.
• Spearhead treasury management system design and deployment.
• Devising metrics to track treasury function and shape futuristic priorities.
• Manage corporate fund investments as per company policy and objectives.
• Proactively identify and tackle potential issues impacting corporate treasury operations.

Organizational Knowledge:

• Grasp regulatory landscape related to digital assets and traditional finance and its implications for Treasury Operations.
• Foster proactive collaboration with internal teams to streamline treasury functions.
• Display understanding of daily reporting necessities concerning cash and crypto positions, liquidity stress tests, and exceptions reported.

Communication and Influence

• Effectively communicate treasury data, financial performances, associated risk assessments, and key initiatives to various stakeholders.
• Manage relationships with banking partners and financial service providers in addressing operational requests.
• Collaborate with cross-functional teams to ensure compliance of all new bank account setups and service agreements with internal finance policies.

Candidate Qualifications

• Possess 6+ years of Treasury Operations experience.
• Demonstrate strong problem-solving skills and an inclination for detailed examination of complex problems for scalable solutions.
• Experience in establishing processes and utilizing systems to scale Treasury Operations.
• Excellent communication skills to foster cross-functional relationships.
• Exhibit fast-learning capability, exceptional attention to detail, and proficient multitasking aptitude.
• Navigate a fast-paced environment adeptly, accommodating shifting requirements and tight deadlines.

Bonus Point Qualifications

• Enjoyment of the soundtrack of Hamilton for emotional inspiration—drawn to the tale of founding a groundbreaking financial system.