Treasury Manager

This role sits at the intersection of a high-growth sports company and regulated financial markets, with direct responsibility for treasury operations within a registered Futures Commission Merchant (FCM). You'll manage real capital movement, liquidity and regulatory safeguards in an environment where accuracy, judgment and urgency matter every day.

Working closely with cross functional teams, you'll run the daily customer protection computations and cash management that underpin our regulatory standing, while contributing to how treasury strategy, governance and banking relationships develop as the business scales. It suits someone comfortable being both operator and builder, who does their best work where the process is still taking shape.

Prepare and own the daily customer fund segregation and secured amount calculations under CFTC regulations, and strengthen the controls supporting them

Monitor monthly settlement bank concentration limits and counterparty credit condition — ratings, outlook, capital and liquidity indicators — across all depositories holding customer funds

Support regulatory reporting, audits and examinations covering treasury and cash management

Work with Accounting, Compliance and Operations to keep treasury processes accurate, timely and compliant

Manage daily cash positioning against customer withdrawals, exchange margin requirements and regulatory minimums

Initiate, review and release wire transfers under strict internal controls and approval workflows

Support exchange and clearinghouse margin funding, including initial and variation margin

Monitor liquidity, maintain accurate records of cash, collateral and bank balances, and build forecasting in partnership with Finance

Build and maintain banking and payment provider relationships that meet corporate and product team needs

Take a lead role in negotiating banking, payment provider and credit facility terms, partnering closely with the Product team and Finance leadership

Help develop our approach to excess cash and yield within regulatory and policy constraints

Contribute to the development of treasury policy, controls and authorization frameworks as the function matures

Evaluate treasury technology needs and identify opportunities to improve systems, controls and automation

Partner with Product and Engineering, where liquidity planning ties directly to product mechanics, and with Accounting on treasury reporting and reconciliation

You have significant treasury, cash management or regulatory operations experience in a regulated financial institution — FCM, broker-dealer, clearing firm or bank — including operating a treasury function, not only supporting one

You have genuine prior exposure to FCM, DCM and DCO operations and to the market-maker side of a business

You are familiar with customer protection or reserve-style calculations; CFTC segregation or SEC Rule 15c3-3 experience is highly transferable

You have a strong command of cash management, wire controls and bank reconciliation

You have negotiated banking and credit facility terms, and are comfortable leading commercial discussions alongside senior stakeholders

You possess exceptional attention to detail; you understand that an error in a calculation or a wire transfer has significant financial and regulatory consequences

You are comfortable in a high-pressure, daily-deadline-driven environment where process and precedent are still developing

You are independent and understand the importance of segregation of duties, reporting directly into the finance vertical and remaining separate from the trading desk

You partner well across Accounting, Finance, Compliance, Product and Engineering, and with people at all levels

You have a general understanding of the sports betting, fantasy sports and prediction markets industry

You hold a Bachelor's degree in Finance, Accounting, or a related field

Direct experience preparing daily segregation or secured amount computations

Experience performing bank counterparty credit analysis or maintaining depository concentration limits

Familiarity with CFTC Regulations §1.20–1.32

Experience with regulatory reporting portals (e.g., NFA WinJammer or FINRA FOCUS systems)

CTP (Certified Treasury Professional) designation

Experience evaluating or implementing treasury management systems

Experience contributing to treasury policy and governance in a public-company environment

Background in a high-growth or lean finance team

Our target starting base salary range for this position is between $128,000 and $160,000, plus target equity. Final compensation will be determined based on a variety of factors including relevant experience, skills and expertise, interview performance, and other market considerations.

Unlimited PTO for full-time employees (we're extremely flexible with the exception of the first few weeks before and into the NFL season)

16 weeks of fully paid parental leave

Home office stipend

A virtual-first culture, but we come together a few times per year in person for offsites, trainings, hackathons, and more

Slack reactions for every occasion

401k with up to 5% employer match

Company paid health, dental, vision plan options for employees and dependents, FSA, and more

Opportunity to celebrate your favorite sports teams through local meetups and company-sponsored events

Claude and ChatGPT enterprise accounts

#LI-REMOTE

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