Associate, Treasury Operations

Location: Greater London

Firm Overview:

Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate out performance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit  .

Job Description

Summary:

Investment Operations at Cambridge Associates is responsible for the execution and administration of client portfolios. Within this function, the Treasury Team oversees cash and security management, trade execution, and the management of trading accounts across a range of CA-managed portfolios.

This role offers exposure to both traditional and alternative asset classes.

The Treasury Operations Associate supports the daily transaction management of CA-managed portfolios invested in hedge funds, private equity, and mutual funds. The role requires frequent collaboration with internal operations and investment teams, as well as external service providers such as custodians, banks, and investment managers. Strong attention to detail, accuracy, and time management are essential for success in this position.

Job Description:

Trade Execution and Lifecycle Management :
Prepare and execute nominee trade instructions through custodian banks and brokers, and complete fund subscription and redemption documentation across a range of asset classes in accordance with internal procedures and controls. Types of investments include ETFs, long-only strategies, hedge funds, and private investments. Monitor trades throughout the full transaction lifecycle, working closely with custodians, service providers, and fund administrators to ensure timely execution and the prompt resolution of any issues.

Wire Execution :
Prepare and process cash wires for private investment capital calls, alternative asset subscriptions, manager and service provider invoices, client withdrawals, and foreign exchange transactions. Track all wire activity to ensure completion within internal and external deadlines.

Cash Reconciliation :
Perform daily reconciliation of cash accounts against custodian bank records. Identify, investigate, and resolve reconciliation breaks, and escalate transaction issues as needed.

AML/KYC and Risk Management :
Support AML/KYC requirements as necessary for subscription and redemption activity in partnership with the Client Information Management Team. Identify operational and client risks, adapt processes as needed, and implement proactive solutions to improve controls and reduce risk.

Investment Operations Knowledge :
Build and maintain a strong understanding of investment products, structures, and asset classes, including the operational complexities associated with each.

Technology and Operational Excellence :
Develop expertise in the systems and applications that support CA’s trading and treasury processes. Use internal tools and resources effectively to improve efficiency and deliver high-quality work with consistent attention to detail.

Collaboration and Stakeholder Engagement :
Work closely with other internal teams to monitor client transactions and improve cross-functional processes. Build strong working relationships with internal and external stakeholders through clear and professional…