Treasury Analyst
About INTERACTIVE BROKERS!
This is a hybrid role (three days in the office/two days remote).
Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push boundaries to offer our clients the best trading platform with the most sophisticated features at the lowest cost. Software development is the lifeblood of our firm, and it shows in our stellar brokerage platform. Interactive Brokers is regularly recognized as a leader in the financial services industry.
What will be your responsibilities within IBKR:
Interactive Brokers Group (IBG) seeks a Treasury Analyst to join its Corporate Treasury team. The successful candidate is dynamic, intelligent, analytical, organized, precise, able to multitask, can prioritize tasks under the pressure of completing assignments within time constraints, and can quickly adapt to a fast-paced environment. Under the direction of the Treasury Director, this position will support daily treasury functions and periodic analyses such as:
- Prepare daily cash forecast to ensure sufficient liquidity for daily and future financial obligations.
- Analyze a liquidity situation, identify how to optimize liquidity, and assess and mitigate the firm's liquidity risks.
- Generate daily wire transfers to cover settlement obligations, consolidate cash and cover account deficits.
- Establish daily cash position and determine the optimal placement and investment of cash based on interest rates and regulatory limitations.
- Establish the best use of assets (treasuries, cash, equities) to meet clearinghouse margin and clearing fund requirements.
- Reconcile cash and securities activity and research discrepancy.
- Prepare bank loan letters as needed.
- Prepare consolidated liquidity and investment reports for management.
- Analyze monthly interest PnL, identify discrepancies in actual interest earned vs. expected, and ensure proper placement of funds to achieve optimal interest earned.
- Research and suggest investment opportunities within the firm's general investment guidelines
- Identify and design improvements to treasury systems and operational processes.
These duties may be ongoing or ad hoc and other responsibilities may be assigned as needed.
Which skills are required:
The ideal candidate should possess a broad knowledge of cash and liquidity management in a corporate treasury environment.
- Bachelor's degree in Finance, Economics or Mathematics, minimum GPA of 3.5
- 0-3 years of corporate treasury experience
- Strong problem-solving and analytical skills
- Excellent written and oral communication skills
- High attention to detail
- Strong organizational skills
- Strong time-management skills
- High degree of comfort and fluency with computers and technology
- High degree of proficiency in the use of Microsoft Excel and Word and the use of these tools to present data clearly and concisely
To be successful in this position, you will have the following:
- Self-motivated and able to handle tasks with minimal supervision.
- Superb analytical and problem-solving skills.
- Excellent collaboration and communication (Verbal and written) skills.
- Outstanding organizational and time management skills.
Company Benefits & Perks
- Competitive salary, annual performance-based bonus and stock grant
- Retirement plan 401(k) with a competitive company match
- Excellent health and welfare benefits, including medical, dental, and vision benefits
- Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
- Paid time off and a generous parental leave policy
- Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
- Corporate events, including team outings, dinners, volunteer activities and company sports teams
- Education reimbursement and learning opportunities
- Modern offices with multi-monitor setups