Treasury Manager

Overview

This role is fully remote.

The organization operates in the sports industry, enhancing the experience for sports fans through products in fantasy sports, sports betting, and prediction markets. This position supports treasury operations within a regulated financial environment tied to sports-related financial services.

Responsibilities

• Prepare and manage daily customer fund segregation and secured amount calculations under regulatory requirements
• Monitor bank concentration limits and assess counterparty credit conditions
• Support regulatory reporting, audits, and examinations related to treasury and cash management
• Collaborate with Accounting, Compliance, and Operations to maintain accurate and compliant treasury processes
• Manage daily cash positions, including withdrawals, margin requirements, and regulatory minimums
• Initiate and approve wire transfers following strict internal controls
• Support margin funding for exchanges and clearinghouses
• Monitor liquidity and maintain records of cash, collateral, and bank balances
• Develop cash forecasting in partnership with Finance
• Build and maintain banking and payment provider relationships
• Lead negotiations on banking, payment provider, and credit facility terms
• Develop strategies for managing excess cash within regulatory constraints
• Contribute to treasury policy, controls, and authorization framework development
• Evaluate treasury technology and identify improvements for systems and automation
• Partner with Product, Engineering, and Accounting teams on liquidity planning and treasury reporting

Requirements

• Significant experience managing treasury operations in regulated financial institutions such as FCMs, broker-dealers, clearing firms, or banks
• Familiarity with FCM, DCM, and DCO operations and market-maker business aspects
• Knowledge of customer protection or reserve calculations; experience with CFTC segregation or SEC Rule 15c3-3
• Strong skills in cash management, wire controls, and bank reconciliation
• Experience negotiating banking and credit facility agreements
• Exceptional attention to detail and understanding of regulatory financial risks
• Ability to operate independently in a high-pressure, deadline-driven environment
• Understanding of segregation of duties and organizational reporting structures
• Effective collaboration skills across multiple departments and organizational levels
• General knowledge of sports betting, fantasy sports, and prediction markets
• Bachelor’s degree in Finance, Accounting, or related field

Preferred Qualifications

• Not specified

Compensation & Benefits

• Target starting base salary range: $128,000 to $160,000, plus target equity
• Final compensation will be determined based on relevant experience, skills, interview performance, and market factors.

Benefits & perks:

• Medical insurance
• Dental insurance
• 401(k) plan

Location

Fully remote