Senior Treasury Manager

at  Hayfin Capital Management

Hayfin Capital Management
Founded in 2009, Hayfin Capital Management ("Hayfin") is a leading alternative asset management firm with c. €31 billion in assets under management. Hayfin focuses on delivering attractive risk-adjusted returns for its investors across its private debt, liquid credit and private equity solutions businesses.
Hayfin has a diverse international team of over 200 experienced industry professionals with offices globally, including headquarters in London and offices in Dubai, Frankfurt, Luxembourg, Madrid, Milan, Munich, New York, Paris, Stockholm, San Diego, Singapore, and Tokyo.
Role Overview
Due to a period of growth and with the anticipated increase in product offerings and fund structures, further support is required to ensure the growth can be managed effectively. The Senior Treasury Manager will participate in transformational work and projects to build out the Hayfin operations platform.
The successful candidate will be a self-starter, process-oriented, and flexible, able to define, design, create, and improve treasury functions. They must adapt quickly, be organised, have a strong sense of client service, and meet multiple tight deadlines. Experience in liquidity management in alternative investment management is essential along with FX, debt and hands on TMS experience.

Responsibilities:

• Cash and Liquidity Management: Manage daily cashflow forecasting requirements. Develop, build and maintain a best-in-class liquidity and funding management framework. Ensure data capture, control, measurement, reporting, and forecasting of liquidity related to (investment pipeline, capital activity, currency balances, unsettled trading activity, etc.).
• Debt Facilities: Operate debt liquidity financing facilities arranged by the Asset Finance Team, as per documentation. (ABL, Sub-Line, NAV). Evaluate borrowing capacity and optimal debt usage for upcoming investments. Ensure debt covenant compliance and forecast challenges.
• Hedging: Monitor and evaluate fund level FX exposures, execute asset level FX hedging for new investments. Structure and recommend FX strategies to maximize fund performance.
• Deal Pipeline: Engaging with the Private Credit deal teams and trading desk to manage allocations and pipeline deal flow based on liquidity. Standardize liquidity reporting to both internal and external stakeholders.Answer inquiries regarding cash availability and liquidity needs
• Payments: Handling payment processing and approvals.
• Ad hoc Queries: Responding to internal or external stakeholders’ queries/requests.
• Vendor Management: Managing relationships with third-party service providers and overseeing their performance based on SLAs. Includes parties performing some regulatory reporting.
• Data Governance: Ensuring the integrity and quality of data processed, including establishing processes, procedures, and controls.
• Risk and Control focused: Prioritizing risk management and control measures to mitigate potential issues or exposures.
• TMS Implementation: Participating in new treasury management system implementation and other ad hoc project work.

ESSENTIAL:

• Liquidity: Strong knowledge of liquidity forecasting and cash modeling in private credit/Private equity
• Financial Markets Knowledge: Prior experience with an Alternative Asset, Fixed Income, Leveraged Loan business or treasury consultancy required. Experience working with financial intermediaries and fund administrators a plus
• Treasury qualifications: Professional qualifications: Diploma in treasury management (DipTM, ACCA/CIMA.
• Data Visualization Tools: Be comfortable with using tools like Power Bi and Qlik; useful for monitoring e.g.: identifying and managing FX exposures.
• Systems/Applications: Expert in Excel, PowerPoint, Treasury Management System (TMS) Kyriba/FIS) preferred, Wall Street Office, Geneva, and/or IVP data management platforms preferred.
• Financial Analysis: Analyzing liquidity needs and cash flows; model out / simulate liquidity scenarios.
• Technical Proficiency: Technical skills a bonus (VBA, SQL, Advanced Power BI, etc.)
• Fund Structures: Experienced with a diverse set of investment vehicles such as SMA/Limited Partnerships, Open-End HYSL (Bonds/Loans), Co-Mingled Closed-End Funds and UCITs, CLOs, and complex fund structures.
• Delivery Focused: Effective management of all deliverables; daily, weekly, monthly and quarterly deadlines.
• Communication and Relationship Building: Effective communication skills; Establishing and maintaining strong relationships internally and externally; Proactively building strong relationships across all layers of the business.
• Continuous Improvement and Change Management: Ability to challenge the status quo; Desire for continuous improvement; Change mindset and proactive in seeking improvement opportunities.
• Teamwork and Collaboration: Must be a team player; Collaboration with internal and external teams; Supporting team training and integration.
• Management and Leadership: Ability to prioritize and delegate effectively; Ability to function independently in a complex environment; Ability to adapt to both volume and complexity.
• Project Management: Project focus including process reviews, automation, and efficiency projects; Oversight and management of teams for project implementation.
• Problem Solving and Decision Making: Problem-solving oriented; Strong decision-making skills aligned with business direction and strategy.
• Data Governance, Risk Management and Compliance: Ensuring adherence to processes and controls; Logging and mitigatingoperational incidents. Ensuring accuracy and standardization of data.
• Minimum Education: Bachelor’s degree in finance (e.g., business, accounting, economics) and/or STEM subject.
• Minimum Years of Experience: Minimum of 5 years of experience in top tier, global capital markets or investment management firms with experience in Treasury Operations, Cash Management, and/or Accounting.
• Treasury Management System: Participation in implementing and/or using a treasury management system (Kyriba/FIS Integrity)

• Cash and Liquidity Management: Manage daily cashflow forecasting requirements. Develop, build and maintain a best-in-class liquidity and funding management framework. Ensure data capture, control, measurement, reporting, and forecasting of liquidity related to (investment pipeline, capital activity, currency balances, unsettled trading activity, etc.).
• Debt Facilities: Operate debt liquidity financing facilities arranged by the Asset Finance Team, as per documentation. (ABL, Sub-Line, NAV). Evaluate borrowing capacity and optimal debt usage for upcoming investments. Ensure debt covenant compliance and forecast challenges.
• Hedging: Monitor and evaluate fund level FX exposures, execute asset level FX hedging for new investments. Structure and recommend FX strategies to maximize fund performance.
• Deal Pipeline: Engaging with the Private Credit deal teams and trading desk to manage allocations and pipeline deal flow based on liquidity. Standardize liquidity reporting to both internal and external stakeholders.Answer inquiries regarding cash availability and liquidity needs
• Payments: Handling payment processing and approvals.
• Ad hoc Queries: Responding to internal or external stakeholders’ queries/requests.
• Vendor Management: Managing relationships with third-party service providers and overseeing their performance based on SLAs. Includes parties performing some regulatory reporting.
• Data Governance: Ensuring the integrity and quality of data processed, including establishing processes, procedures, and controls.
• Risk and Control focused: Prioritizing risk management and control measures to mitigate potential issues or exposures.
• TMS Implementation: Participating in new treasury management system implementation and other ad hoc project work