Overview
Job purpose:
The Head of Cash & Collateral Optimization will work with Treasury on the strategy and execution to improve how StoneX deploys cash, collateral, and balance sheet capacity across SFI. This role is focused on maximizing liquidity efficiency, reducing trapped capital, and ensuring collateral is allocated in the most economically and operationally effective way. This is a highly cross-functional role partnering with Treasury, Risk, Finance, Operations, Securities Finance, and Business Leaders to build a scalable, data-driven optimization framework that supports growth without linear balance sheet expansion.
Responsibilities
Key Responsibilities
Strategy & Optimization
- Define and lead firmwide strategy for cash utilization, collateral allocation, and balance sheet efficiency
- Identify and reduce trapped liquidity, excess residual interest, and inefficient collateral usage
- Build decision frameworks for cash vs. securities posting based on economics, liquidity value, and constraints
- Drive collateral optimization initiatives (allocation, substitution, upgrades, and funding efficiency)
Liquidity, Funding & Forecasting
- Improve visibility into firmwide liquidity, intraday funding, and forward cash requirements
- Develop forecasting models for margin, reserve, and collateral demand under base and stress scenarios
- Partner with Treasury and Risk to manage peak funding needs and collateral volatility
- Support reinvestment and funding allocation decisions with a focus on return vs. liquidity tradeoffs
Collateral Governance & Operating Model
- Establish clear ownership, governance, and escalation processes for collateral and funding decisions
- Centralize transparency into collateral pools, availability, and usage across entities and products
- Strengthen controls, documentation, and auditability of collateral and liquidity processes
- Ensure alignment with regulatory requirements
Cross-Functional Execution
- Translate optimization opportunities into actionable initiatives across business lines and support functions
- Partner with Technology and Data teams to enhance automation, reporting, and analytics
- Drive initiatives around netting, pooling, allocation sequencing, and internal liquidity utilization
- Build scalable processes that support growth across products, jurisdictions, and counterparties
Leadership & Communication
- Act as a senior integrator across Treasury, Risk, Finance, and the front office
- Present clear, data-driven recommendations to leadership
- Establish operating cadence and accountability for delivery against optimization targets
Qualifications
- 10–15+ years in treasury, liquidity management, collateral management, securities finance, clearing, or prime services
- Deep understanding of margin, collateral, reserve mechanics, and funding markets
- Strong knowledge of post-trade workflows (settlement, margin, financing, collateral movement)
- Proven ability to drive cross-functional initiatives and influence senior stakeholders
- Experience building analytics-driven decision frameworks
- Comfortable operating in a regulated, control-heavy environment
- Highly analytical, detail-oriented, and execution-focused
Success Metrics
- Reduction in trapped liquidity and excess residual balances
- Improved efficiency of cash and collateral deployment
- Increased visibility and predictability of funding and collateral needs
- Measurable economic benefit from optimization initiatives
- Establishment of a durable governance and operating framework
Qualifications
To land this role you will need:
- 10–15+ years in treasury, liquidity management, collateral management, securities finance, clearing, or prime services
- Deep understanding of margin, collateral, reserve mechanics, and funding markets
- Strong knowledge of post-trade workflows (settlement, margin, financing, collateral movement)
- Proven ability to drive cross-functional initiatives and influence senior stakeholders
- Experience building analytics-driven decision frameworks
- Comfortable operating in a regulated, control-heavy environment
- Highly analytical, detail-oriented, and execution-focused
- Must be authorized to work in the US for any employer.
Success Metrics
- Reduction in trapped liquidity and excess residual balances
- Improved efficiency of cash and collateral deployment
- Increased visibility and predictability of funding and collateral needs
- Measurable economic benefit from optimization initiatives
- Establishment of a durable governance and operating framework
Physical requirements/Working conditions:
- Climate controlled office environment
- Minimal physical requirements other than occasional light lifting of boxed materials
- Dynamic, time-sensitive environment
- Travel as required
Class: Full-time, exempt
Hiring Salary Range $200,000-$300,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.) Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.
Permanent, full-time,#LI-SD1
