At a Glance
- Tasks: Manage treasury operations, cash flow forecasting, and execute FX trades for innovative investment funds.
- Company: Join Pantheon, a leader in private markets investing with a collaborative culture.
- Benefits: Competitive salary, diverse team, and opportunities for professional growth.
- Other info: Exciting career growth potential in a supportive and inclusive workplace.
- Why this job: Be part of a dynamic team solving complex financial challenges in a fast-paced environment.
- Qualifications: Strong treasury experience and proficiency in Treasury Management Systems required.
The predicted salary is between 50000 - 70000 £ per year.
Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for an innovative approach to investing in secondaries, co-investments, and primary fund investments, as well as capital formation across commingled funds, evergreen vehicles and customized solutions. Our specialist investment capabilities span multiple strategies across private equity, infrastructure and real assets, and private credit. Through our collaborative and committed culture, we find new ways to solve complex problems together and deliver innovative investment opportunities across private markets. Pantheon currently manages approximately $82.3 billion in AUM across all its strategies, serving more than 750 institutional and 638 private wealth clients worldwide.
The Treasury Associate sits in our Fund Finance team and helps run treasury operations across Pantheon’s commingled funds, separately managed accounts, and special purpose vehicles. You will oversee cash flow forecasting, sign off on capital calls, distributions and credit facility activity, manage our external outsource provider, and execute FX and money-market trades. You will partner closely with deal teams, finance, legal, compliance, investor relations, banks, lenders and fund administrators — and contribute to scaling the platform as cash and debt under management grow. You will operate the firm’s Treasury Management System (Hazeltree).
Key Responsibilities- Liquidity and cash management
- Oversee cash flow forecasting for Pantheon’s funds across all strategies, partnering with the investment, finance and investor relations teams.
- Sign off on investor capital calls and distributions.
- Monitor liquidity across all accounts to make sure we can meet new investments, calls, distributions, fees and expenses.
- Run treasury operations for legacy and wind-down funds, including quarterly distribution processing.
- Support processes relating to the liquidation of public stock positions.
- Subscription and NAV credit facilities
- Manage the external outsource provider responsible for tracking facility data, producing borrowing base and covenant calculations, and shadow interest calculations.
- Sign off on credit facility drawdowns, repayments, rollovers and compliance reporting.
- Track facility limits, key covenant dates and documentation. Escalate breaches or approaching thresholds promptly.
- Coordinate with internal teams and lenders on facility renewals and notices.
- FX and cash investment
- Review and execute FX trades to support liquidity and FX exposure decisions.
- Review and execute money-market fund trades and term deposits to support liquidity decisions.
- Run the firm’s cash yield programme in line with approved investment guidelines to enhance yield.
- Payments, systems and team oversight
- Act as signatory for sensitive new deal wires and other urgent payments.
- Support oversight of the Treasury team’s day-to-day activities — liquidity, FX execution, deal settlement, facility management and tackling investor queries.
- Support the Treasury Management System upgrade project and other systemisation initiatives.
- Lead the build-out of processes to support growth in cash and debt under management and assess further outsourcing to external providers.
- Keep fund mapping, account hierarchies and static data in Hazeltree complete and current. Reconcile TMS records against custodian and bank data; resolve breaks quickly.
- Controls, compliance and stakeholder partnering
- Ensure compliance with relevant laws, regulations and Pantheon policy. Report compliance risks promptly and maintain high standards of conduct.
- Be a primary point of contact for internal stakeholders (investment, risk, fund finance, legal, compliance, investor relations) and external partners (banks, auditors, outsource providers, fund administrators).
- Strong treasury experience in private equity, private credit, infrastructure or a hedge fund is essential.
- Hands‑on experience with a Treasury Management System. Hazeltree strongly preferred.
- Detailed knowledge of subscription credit facilities and NAV financing, including drawdown mechanics, borrowing base and covenant monitoring.
- Comfortable executing FX spot and forward trades and money‑market fund transactions in a fund context.
- Strong grasp of payment controls and segregation of duties.
- High Excel proficiency and office applications.
- Track record of working accurately under deadline pressure in a high‑volume environment.
- ACT Certificate in Treasury (CertT) or equivalent qualification (CFA).
- Experience managing small Treasury Teams.
- Exposure to TMS implementation or treasury transformation projects.
- Familiarity with fund lifecycle management.
- Familiarity with SWIFT messaging standards and custodian reporting platforms.
- Working proficiency in Python/SQL/Cala or other programming languages.
- Meticulous, with strong ownership of operational accuracy.
- A proactive communicator who manages stakeholder expectations.
- A collaborator comfortable working across investment, finance, legal and compliance teams.
- Curious about how to make things better, identifying inefficiencies and contributing ideas to fix them.
- High professional standards. Aligned to our values and our risk culture.
This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job‑related duties as reasonably requested by your manager.
Pantheon is an Equal Opportunities employer, we are committed to building a diverse and inclusive workforce so if you're excited about this role but your past experience doesn't perfectly align we'd still encourage you to apply.
Associate, Treasury London, Greater London, England, United Kingdom employer: Pantheon
Pantheon is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, Pantheon provides opportunities for professional development and encourages a culture of inclusivity and diversity. Employees benefit from competitive compensation, comprehensive benefits, and the chance to work with leading experts in private markets investing, making it a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Associate, Treasury London, Greater London, England, United Kingdom
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We think you need these skills to ace Associate, Treasury London, Greater London, England, United Kingdom
Some tips for your application 🫡
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How to prepare for a job interview at Pantheon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Pantheon.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Pantheon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
