Member of Finance, Treasury Operations Associate
Anchorage Digital
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United States
Posted 6+ months ago
At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto.
Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings.
The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
This is a rare opportunity to join a world-class Treasury Operations function building from the ground up at a leading company in the rapidly growing digital asset space. As the Treasury Operations Associate at Anchorage Digital, you will perform treasury activities related to cash and digital asset management, wire payments, and liquidity management. You will contribute to the development of treasury policies, procedures, and controls. You will also participate in treasury-related projects to support the company’s growth.
This role requires a detail-oriented individual with a experience treasury management principles and offers the chance to make a lasting impact on the company's financial success. People make this organization, and in this role, it is your mission to cultivate and contribute to a culture of continuous improvement and strategic innovation.
A healthy outcome is a business that is both agile and resilient, capable of navigating the complexities of the crypto market while achieving its strategic goals. You will manage and influence the corporate treasury function for dynamic and high-growth areas at Anchorage Digital, with significant visibility across the organization.
Technical Skills:
- Proficiency in managing daily cash management processes, including funding, cash positioning, forecasting, and variance analysis.
- Experience with initiating and approving wire transfers and token transfers.
- Ability to analyze and optimize fund flows, considering costs, working capital, liquidity risk, and other constraints.
- Manage the liquidity and funding requirements for cryptocurrency trading operations, including strategies to ensure sufficient cash reserves are available to meet margin requirements and conducting liquidity risk assessments.
- Calculate the cost of capital for each business unit, providing data to FP&A to incorporate in business line P&L's, and ensuring timely settlement of intercompany fees
- Experience with reporting on cash and crypto positions, access to funds, exceptions and incidents, and liquidity stress test results.
Complexity and Impact of Work:
- Manage daily liquidity requirements, including areas such as trading, vendor payments, other corporate expenses, and regulatory capital requirements for various legal entities.
- Support the design, maintenance, and monitoring of corporate bank wire and vault access policies and controls.
- Maintaining adequate funding levels across all company bank accounts.
- Assist in the optimization of the corporate asset portfolio.
- Contribute to capital planning analysis and corporate balance sheet strategy.
- Conduct liquidity stress testing.
- Proactively identify, analyze, and resolve potential issues impacting corporate treasury, including operational risks, liquidity constraints, and process inefficiencies.
Organizational Knowledge:
- Understand the regulatory landscape related to digital assets and traditional finance, and how it impacts Treasury Operations.
- Proactively collaborate with internal teams (e.g., Trading, Finance, and Operations) to ensure seamless execution of treasury functions.
- Understand the daily reporting requirements related to, but not limited to cash position, crypto positions, access to funds, exceptions and incidents, and liquidity stress test results.
Communication and Influence:
- Clearly communicate treasury information, including financial performance, risk assessments, and key initiatives, to stakeholders across the organization.
- Manage relationships with internal partners and address ongoing operational requests.
- Proactively engage with cross-functional teams to ensure all new bank account setups and service agreements comply with internal finance policies.
You may be a fit for this role if you have:
- 3-5 years of Treasury Operations experience
- High level of attention to detail, with awareness of risks and controls
- Strong problem-solving skills and enjoy diving into details of complex problems
- Fast learner, with exceptional attention to detail, and ability to multi-task
- Ability to navigate a fast-paced environment with tight deadlines and flexibility with changing requirements
Although not a requirement, bonus points if:
- You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)
About Anchorage Digital: Who we are
The Anchorage Village, what we call our team, brings together the brightest minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in the evolving digital asset ecosystem. As a diverse team of more than 600 members, we are united in one common goal: building the future of finance by providing the foundation upon which value moves safely in the new global economy.
Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, and we are intentional about making sure people feel respected, supported, and connected at work—regardless of who you are or where you come from. We value and celebrate our differences and we believe being open about who we are allows us to do the best work of our lives.
Anchorage Digital is an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital considers qualified applicants regardless of criminal histories, consistent with other legal requirements. “Anchorage Digital” refers to services that are offered either through Anchorage Digital Bank National Association, an OCC-chartered national trust bank, or Anchorage Lending CA, LLC a finance lender licensed by the California Department of Financial Protection and Innovation, License No. 60DBO-11976, or Anchorage Digital Singapore Pte Ltd, a Singapore private limited company, all wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation.
Protecting your privacy rights is important to Anchorage Digital, and we work to maintain the trust and confidence of our clients when handling personal or financial information. Please see our privacy policy notices here.