Treasury Associate job at HarbourVest Partners in Boston, MA

Title: Treasury Associate Location: Boston United States Job Description: time type Full time R2389

Job Description

Summary For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking. In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences. We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm. HarbourVest is an equal opportunity employer. This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed. HarbourVest has experienced significant growth in its private equity solutions, currently managing $22.6 billion in credit facilities across 79 credit agreements and supporting over 173 borrowing entities. As we continue to expand, we are seeking a highly motivated and expert professional to join our global Treasury Credit Operations Team to support the effective administration of our growing credit portfolio! The Associate will play a key role within the Treasury function, supporting the execution and oversight of debt management activities for HarbourVest Funds. This individual will be responsible for coordinating all aspects of credit operations, working closely with internal collaborators and external banking partners to ensure accurate and timely execution. A successful applicant will possess strong analytical and organizational skills, outstanding attention to detail, and the ability to thrive in a fast-paced, dynamic environment. The ideal candidate is someone who is: Strong understanding of the structuring of credit facilities and credit operations. Thorough to complete assignments and deliver results with a high degree of accuracy. Strong organizational skills accompanied by capacity to plan workloads, coordinate with internal and external collaborators, and consistently meet deadlines. Excellent analytical and problem-solving abilities. Strong communication skills, both written and verbal, for collaborating with internal teams and external banking partners globally. Collaborative team player with a proactive approach to supporting team goals and delivering customer facing requests. Knowledge of compliance requirements and covenant monitoring related to credit facilities. Familiarity with banking portals and Treasury Management systems (FIS Integrity, Kyriba) or similar. Proficiency in Excel, including experience using pivot tables, and creating CSV uploads, is highly desirable. What you will do: Coordinate and support financing transactions across HarbourVest funds, including borrowings, repayments, renewals and amendments. Prepare and ensure timely execution of credit facility obligations, including interest and principal payments, unused fees, and other debt related charges. Maintain accurate and up-to-date records of credit facility terms, drawdowns, and repayment schedules within the Treasury Workstation (TWS); and review bank provided borrowing support for accuracy. Review bank charges, initiating and tracking updates as necessary. Collaborate cross functionally with cash operations, capital markets, and accounting teams to support and manage credit arrangements. Assist in coordinating quarterly covenant compliance with the Accounting Team. Participate in project teams to further enhance automation and streamline credit operations for increased efficiency. Other ad hoc tasks as needed. Contribute to the continuous improvement of operational processes and internal controls related to Credit operations. Education Preferred Bachelor of Arts (B.A) or equivalent experience Bachelor of Science (B.S) or equivalent experience Experience 3-5 Years (Associate level) #LI-Hybrid Base Salary Range: $85,000.00 - $90,000.00 This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries. Apply tot his job Apply To this Job