Treasury Senior Analyst- Private Wealth

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that's marked by low turnover and high energy, you'll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office.

Join HarbourVest Partners LLC as a Treasury Senior Analyst - Private Wealth and become a part of a world-class team dedicated to operational excellence and innovative solutions. If you have a passion for finance and a desire to work in a collaborative, high-energy environment, this is the opportunity for you!

The ideal candidate is someone who is:

• Is experienced with fast-paced and complex activities, taking the initiative to make informed challenging operational decisions
• Resilient, intellectually curious, analytically driven, and process-focused in service of operational excellence
• Maintaining a balanced approach while taking on high levels of responsibility and working closely with collaborators, customers, partners, and external parties, demonstrating executive presence when engaging with Treasury and cross-functional product teams.
• Collaborates with Treasury and internal teams for cash management, credit facility transactions, and foreign exchange to meet Fund commitments.

What you will do:

Investment and Capital Operations:

• Follow centralized Treasury processes for implementing investment activities and monitoring fund and platform liquidity
• Assist with oversight of LP capital call and distribution processes outsourced to third-party fund administrators (TPAs) regarding cash movements and reconciliations
• Plan and coordinate capital operations execution between the broader Client Operations organization (e.g., Client Service and Investment Accounting) and multiple TPAs

Core Treasury Operations:

• Improve Private Wealth operations by integrating Treasury, engaging in company projects, and updating procedural documentation
• Manage cash for each Private Wealth fund by converting into upstream/downstream cash movements between entities within a structure and tracking future obligations
• Coordinate with Investment Accounting and TPA for cash flows from/to ring-fenced subscription/redemption accounts into operating accounts
• Coordinate with Capital Markets, Investment Accounting, and EIO on FX hedging activities for the funds
• Complete and plan for short-term liquidity investments in line with investment policy or regulations using short-term cash investment products or outsourced SMA mandates with independent Asset Manager
• Collaborate with the Treasury Credit Operations team on debt compliance and covenant reporting to lenders and essential collaborators
• Manage day-to-day cash movements, payment instructions, foreign exchange spot and hedging coordination, and other responsibilities as required

What you bring:

• Understanding or capacity to quickly comprehend open-ended investment vehicle operations in the US and internationally
• Dependable and accountable with timely and effective communication skills
• Proven ability to learn new systems and processes and develop projects and analytical frameworks and models to optimize outcomes
• Strong motivation with a dedication to constant growth and development
• Demonstrated experience improving complex and highly coordinated operations
• Experience working directly with financial counterparties and third-party administrators to identify and implement services and efficiencies
• Track record proposing and implementing improved processes and detailing desktop procedures
• Experience with private equity, financial analysis, or operations
• Excellent written and verbal communication skills, with the ability to communicate effectively with all levels of management both internally and externally

Education Preferred:

• Bachelor's degree required

Experience:

• 2-4 years' experience, preferably in an investment management firm
• Prior role in a Treasury, Operations or Finance organization

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