Treasury Manager

Treasury Manager

This role is responsible for the cash and banking activities of the firm. This includes managing the cash management structure, and serving as the face of the firm to existing and prospective banks, and other financial institutions, for all prospective services. The Treasury Manager is responsible for developing and promoting a vision of a more efficient and technology-driven global cash system to support the firm's growth. This includes expanding the capabilities of the treasury management system, and integrating them into other areas of Finance to improve reporting and forecasting. This role also manages all aspects of the firm's insurance program, and assumes the lead in the annual renewal process for each of the program's constituent liability, property, and cyber policies.

The Treasury Manager is responsible for overseeing a broad range of the Firm's global treasury functions including but not limited to :

Cash Management

• Continually update the annual US cash projection with inputs from the firm's banks and multiple internal financial sources
• When cash flow is negative, use this projection to determine a daily borrowing position; borrow only an optimal amount by considering loan types that balance lowest rate with maximum payment flexibility
• Negotiate overnight investment rates with Credit bankers when cash flow is positive; execute daily investments; recommend time deposits if cash flow is sufficiently strong
• Work with other analysts to refine an alternate US cash forecast tied to the overall plan
• Expand the US-only projection to include international cash flow forecasts
• Continually monitor all international cash accounts
• Ensure all international offices are funded optimally with only minimal incremental borrowing
• Repatriate excess foreign currency cash to the US; exchange for dollars to reduce interest expense or increase interest income
• Ensure the firm's banking platforms are functioning satisfactorily at all times so that dozens of users can perform their jobs; resolve platform issues with a bank's customer support team as needed
• Serve as the primary user and administrator of the treasury management system and all banking platforms; modify components, resolve technical issues, and ensure users always have unimpeded access.
• Expand use of current treasury management system by creating useful reports and ensuring all payments are processed via the platform.
• When a platform transition between banks is contemplated, analyze competing options and recommend a solution; manage the subsequent transition.
• Prioritize opening new bank accounts when needed for new or existing offices.

Banking Relations

Revolving Credit Maintenance

Interest Expense

Foreign Bank Account Reporting

Foreign Exchange

Insurance Management

Other Responsibilities

Performs other work-related duties as assigned

Education, Experience and Skills Required

Compensation and Total Rewards Package

Ropes & Gray is proud to offer a comprehensive Total Rewards package to our business support team members. The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture. The anticipated pay range for this role is listed below and represents our good faith and reasonable estimate of the starting salary range at the time of posting. In addition, this role is eligible for a discretionary bonus based on performance. The actual offered rate for this position will be determined based on job-related, non-discriminatory factors, including qualifications and experience, geographic location, education, external market data and consideration of internal equity.

Working Conditions

This position requires hybrid on-site presence as an essential function of the role. Consistent and predictable on-site presence is required for ongoing business continuity, professional development and effective collaboration with colleagues and management.