Treasury Operations Associate

About Anchorage Digital

Anchorage Digital is building the world’s most advanced digital asset platform for institutions to participate in crypto. It provides custody, staking, trading, governance, settlement, and leading security infrastructure for digital assets. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., the company also operates through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings. Funded by major institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, Anchorage Digital’s Series D valuation exceeds $3 billion. Founded in 2017 in San Francisco, California, the company has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com.

The Opportunity: Treasury Operations Associate

This is a rare opportunity to join a world-class Treasury Operations function building from the ground up at Anchorage Digital, a leading company in the rapidly growing digital asset space. As the Treasury Operations Associate, you will perform treasury activities related to cash and digital asset management, wire payments, and liquidity management. You will contribute to the development of treasury policies, procedures, and controls, and participate in treasury-related projects to support the company’s growth.

This role requires a detail-oriented individual with experience in treasury management principles and offers the chance to make a lasting impact on the company's financial success. People make this organization, and in this role, it is your mission to cultivate and contribute to a culture of continuous improvement and strategic innovation. A healthy outcome is a business that is both agile and resilient, capable of navigating the complexities of the crypto market while achieving its strategic goals. You will manage and influence the corporate treasury function for dynamic and high-growth areas at Anchorage Digital, with significant visibility across the organization.

Technical Skills & Responsibilities

• Proficiency in managing daily cash management processes, including funding, cash positioning, forecasting, and variance analysis.
• Experience with initiating and approving wire transfers and token transfers.
• Ability to analyze and optimize fund flows, considering costs, working capital, liquidity risk, and other constraints.
• Manage the liquidity and funding requirements for cryptocurrency trading operations, including strategies to ensure sufficient cash reserves are available to meet margin requirements and conducting liquidity risk assessments.
• Calculate the cost of capital for each business unit, providing data to FP&A to incorporate in business line P&L's, and ensuring timely settlement of intercompany fees.
• Experience with reporting on cash and crypto positions, access to funds, exceptions and incidents, and liquidity stress test results.

Complexity and Impact of Work

• Manage daily liquidity requirements, including areas such as trading, vendor payments, other corporate expenses, and regulatory capital requirements for various legal entities.
• Support the design, maintenance, and monitoring of corporate bank wire and vault access policies and controls.
• Maintaining adequate funding levels across all company bank accounts.
• Assist in the optimization of the corporate asset portfolio.
• Contribute to capital planning analysis and corporate balance sheet strategy.
• Conduct liquidity stress testing.
• Proactively identify, analyze, and resolve potential issues impacting corporate treasury, including operational risks, liquidity constraints, and process inefficiencies.

Organizational Knowledge Required

• Understand the regulatory landscape related to digital assets and traditional finance, and how it impacts Treasury Operations.
• Proactively collaborate with internal teams (e.g., Trading, Finance, and Operations) to ensure seamless execution of treasury functions.
• Understand the daily reporting requirements related to, but not limited to cash position, crypto positions, access to funds, exceptions and incidents, and liquidity stress test results.

Communication and Influence

• Clearly communicate treasury information, including financial performance, risk assessments, and key initiatives, to stakeholders across the organization.
• Manage relationships with internal partners and address ongoing operational requests.
• Proactively engage with cross-functional teams to ensure all new bank account setups and service agreements comply with internal finance policies.

Qualifications

• 3-5 years of Treasury Operations experience.
• High level of attention to detail, with awareness of risks and controls.
• Strong problem-solving skills and enjoy diving into details of complex problems.
• Fast learner, with exceptional attention to detail, and ability to multi-task.
• Ability to navigate a fast-paced environment with tight deadlines and flexibility with changing requirements.

Bonus Points

• An emotional connection to the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)

Working at Anchorage Digital

The Anchorage Village team brings together bright minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in the evolving digital asset ecosystem. As a diverse team of more than 600 members, they are united in one common goal: building the future of finance. Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, valuing and celebrating differences. The company is an Equal Opportunity Employer, considering qualified applicants regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital refers to services offered through Anchorage Digital Bank National Association, Anchorage Lending CA, LLC, or Anchorage Digital Singapore Pte Ltd. Privacy is important; see their privacy policy notices for details. AI tools may support parts of the hiring process but do not replace human judgment.

Key skills/competency

• Treasury Management
• Cash Management
• Digital Asset Operations
• Liquidity Management
• Wire Transfers
• Financial Reporting
• Risk Management
• Regulatory Compliance
• Financial Analysis
• Stakeholder Communication