Treasury Specialist

Performs treasury, cash management, forecasting, and payment functions. Performs required daily customer reserve computations, including required deposits into and withdrawals from the special reserve account.

This is a great opportunity to join Vanguard’s Broker-Dealer Treasury team in a highly visible, critical role supporting the firm’s daily liquidity, funding, and regulatory obligations that protect client assets and enable seamless client and firm money movement. In this role, you’ll apply your expertise in cash management, forecasting, broker‑dealer operations, and regulatory calculations (Customer Reserve, Net Capital) while partnering closely with internal stakeholders and external depositories to ensure accuracy, timeliness, and operational excellence.

• Forecasts daily VMC liquidity. Determines liquidity needs and executes borrowings from optimal liquidity sources.
• Supports critical client and firm settlement activities:
  • Funding accounts to support incoming and outgoing client money movement transactions.
  • Initiates Wires and ACH payments to support client and firm operational needs.
  • Ensuring all depository (DTCC/NSCC/FICC/Fed) payments are made timely and accurately.
• Prepares daily Customer Reserve calculations in accordance with regulatory requirements.
• Prepares and performs required daily deposits into and withdrawals from the Customer Reserve bank accounts to properly protect customer assets.
• Manages NSCC, FICC, and OCC margin requirements and intraday calls.
• Prepares Daily Net Capital calculation in accordance with industry regulations.
• Other functions to support firm and client incoming and outgoing money movement activities.
• Maintains policies and procedures. Identifies opportunities for improvement and makes recommendations for process improvements and efficiencies.
• Participate in special projects and perform other duties as assigned.

• Minimum of three year’s related work experience. Experience in accounting or financial reporting preferred.
• Undergraduate degree or equivalent combination of training and experience. Finance or Accounting degree preferred. Certified Treasury Professional (CTP), Certified Public Account (CPA ) or equivalent certification preferred.
• Detailed knowledge of broker dealer operations, accounting, and relevant regulations preferred.
  
  Experience with cash management software packages, or other Treasury Management Systems preferred.

Vanguard is not offering visa sponsorship for this position.