Treasury Specialist

Responsibilities

• Forecasts daily VMC liquidity. Determines liquidity needs and executes borrowings from optimal liquidity sources.
• Supports critical client and firm settlement activities by:
  • Funding accounts to support incoming and outgoing client money movement transactions.
  • Initiating 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.
• 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.
• Participates in special projects and performs other duties as assigned.

• Minimum of three years 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 Accountant (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.