Cash Analyst
DRW is a diversified, technology-led principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in markets around the world. As the markets have evolved over the past 25 years, so has DRW – growing to include real estate, cryptocurrencies, venture capital and several industry acquisitions. With more than 800 employees at our Chicago headquarters and six global offices, we work together to solve interesting problems and capture opportunities. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you will meet.
Our employees work hard to solve interesting problems, and their results are rewarded. We value continuous learning—from our outcomes, from the environment and from each other. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you’ll meet.
As a Cash Analyst on our Accounting and Finance team, you’ll be part of a small, driven team responsible for managing a variety of cash management functions across a diverse set of businesses. This is a unique opportunity for someone who is interested in building on their financial and organizational skills in a fast-paced and rapidly growing trading environment.
What you’ll do in this role:
- Process funds transfers and manage incoming and outgoing cash effectively on a daily basis in multiple currencies and across multiple entities
- Issue and receive all firm margin calls; work with other departments to verify the accuracy of the margin calls
- Administer banks’ online cash management portals
- Report daily on the firm’s global liquid assets and collaborate with internal Treasury team to invest excess cash
- Liaise with banks to open new accounts, close retired accounts, and address any account issues and queries
- Predict cash requirements and cash position through analysis and financial reports
- Maintain accuracy in financial transactions and reports; ensure security and confidentiality of financial records
- Prepare ad-hoc reports on cash positions and cash usage for senior management
What we’re looking for:
- 2+ years of experience in cash management; previous experience working in financial markets preferred
- Foreign currency transaction experience
- Working knowledge of general ledger systems and strong Excel skills
- Bachelor’s degree in Finance or Accounting preferred
- Must be comfortable working in a fast-paced, very dynamic environment and have the ability to work collaboratively in a team environment
- Strong organizational skills; must work diligently to meet tight deadlines
- Proven ability to effectively communicate at all levels within the organization
- Strong business acumen and excellent analytical and problem-solving skills
- Excellent written and verbal communication skills are critical