Senior Associate, Treasury

Purpose of Position

The Treasury team’s primary responsibilities include cash flow forecasting and advising as to the most efficient use of this cash; monitoring and operation of credit facilities with banking counterparties; and executing FX trades. The successful applicant will be required to support these processes by reviewing reports and overseeing work prepared by junior colleagues to support investor calls and distributions. This will involve oversight of all funds and working with Pantheon’s investment teams to understand the pipeline of upcoming investment activity. The applicant will also be required to support processes which provide and improve liquidity and FX exposure reporting, as well as supporting the implementation of a Treasury Management System.

Key Responsibilities

• Oversight of cash flow forecasting for Pantheon’s funds across all strategies, and sign-off on investor capital calls and distributions.
• Monitoring liquidity levels across all accounts to enable all cash requirements to be met (new investments, calls, distributions, fees & expenses, etc.).
• Managing external outsource provider responsible for tracking credit facility data, producing borrowing base and covenants calculations and shadow interest calculations.
• Sign-off on credit facility drawdowns, repayments, and compliance reporting.
• Lead in building out processes to support growth in cash and debt under management and assess further outsourcing to external providers.
• Support the Treasury Management System implementation project and other systemisation initiatives.
• Execute amendments to fund credit facility agreements and other commercial documentation as required.
• Signatory for sensitive new deal wires and other urgent payments.
• Review and execute FX trades to support liquidity and FX exposure decision making.
• Review and execute Money-market fund trades and deposits to support liquidity decision making.
• Support in the oversight of the day-to-day activities of the Treasury team including liquidity levels, FX execution, deal settlement, facility management and FX exposure monitoring.
• Support processes relating to the liquidation of public stock positions.
• Ensure compliance with relevant laws, regulations, and Pantheon policy (including reporting compliance risks and maintaining appropriate standards of conduct.

Knowledge & Experience Required 

• Supervisory or management experience within a treasury or operational team is preferred.
• Experience across private market asset classes and Treasury products (FX, debt facilities, MMFs).
• Experience operating credit facilities and complex lending structures.
• Demonstrable experience of continuous operational change and process development is required, including project planning, implementation, and delivery.
• Good communication skills, both written and verbal. Prior experience dealing with a global client base is preferred.
• Good working knowledge of MS Office, particularly Excel. VBA knowledge would be beneficial.
• Ability to manage own workload and prioritise delivery.
• Ability to oversee daily deliverables of the team.
• Excellent attention to detail.

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