GCM Grosvenor is a global alternative asset management solutions provider, and they are seeking a Treasury Summer Intern to join their Finance Department. The intern will be involved in liquidity management, FX exposure management, and assist in managing banking relationships and counterparty risk.
Responsibilities
Responsible for liquidity management of the GCM Grosvenor managed funds. This includes cash forecasting, payment processing, FX exposure management, liquidity management reporting, temporary investments, etc.
Participate in FX exposure management through forecasting, pre-trade preparation, and settlement of foreign exchange transactions.
Assist in the establishment and ongoing support of credit facilities.
Assist in the management of banking relationships including bank account opening and ongoing maintenance.
Support securities and derivatives trading activity.
Participate in the management of counterparty risk by diversifying exposures to various counterparties, monitoring the financial health of counterparties, including credit ratings and CDS premiums, reviewing quarterly and annual financial reports and presenting trends to the CFO.
Implement, and execute policies and procedures to reduce operational risk and gain efficiencies.
Liaise between the firm and its external vendors including banks, administrators, and trading counterparties.
Participate in cross-department working groups and special projects as required.
Provide the highest level of client service to Grosvenor’s clients and internal stakeholders.
Qualification
Required
Pursuing an undergraduate degree in Accounting, Finance, or other relevant major with a superior grade point average
A prior focus in the asset management segment of the financial services industry is preferable, and particularly in the alternative investment sub-segment
Must have strong PC experience and be highly proficient in MS Excel, MS Word and SharePoint
Experience with general ledger and portfolio software is desirable
Demonstrated interest in and knowledge of accounting and finance
Capacity to work well in a fast paced, changing environment with a high level of flexibility
Excellent writing and listening skills with a proven ability to disseminate information effectively and articulate your thoughts in a clear and concise manner to both clients and co-workers
Proven ability to take control and manage tasks independently to closure
Attention to detail and concern for quality and accuracy of final product (and ability to balance that concern with deadlines)
High degree of integrity and the ability to recognize the requirements of confidentiality
Demonstrated self-starter, continuous learner and independent thinker who is able to work collaboratively with others
Well organized and must have the ability to manage multiple tasks simultaneously in a cross functional team environment
Commitment to excellent client service
Outstanding decision making and problem-solving skills
Preferred
Comprehensive healthcare coverage (including medical, dental, vision and life insurance)
Flexible spending accounts
Employer sponsored retirement plan
Paid time off
Parental leave
Short-term and long-term disability
Other care/wellness programs
GCM Grosvenor is an investment management firm that specializes in hedge funds, private equity, real estate, and infrastructure investments.
