Treasury Associate

HarbourVest Partners, LLC

$85K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in credit operations or related field
  • Solid understanding of credit facility structuring and operations
  • Proficient in Excel with experience in pivot tables and CSV uploads
  • Familiar with compliance requirements and covenant monitoring
  • Strong communication skills for teamwork and external collaboration
  • Demonstrated analytical and problem-solving abilities
  • Experience with Treasury Management systems like FIS Integrity or Kyriba.

Responsibilities

  • Coordinate and support financing transactions across HarbourVest funds
  • Prepare and execute credit facility obligations on time
  • Maintain updated records of credit facility terms within the Treasury Workstation
  • Review and track bank charges, initiating updates as required
  • Collaborate with cross-functional teams on credit arrangements
  • Help coordinate quarterly covenant compliance with Accounting
  • Participate in projects aimed at enhancing automation in credit operations
  • Contribute to improving internal controls related to credit operations.

Benefits

  • Hybrid work arrangement with remote workdays
  • Participation in a discretionary annual bonus program
  • Access to long-term reward programs
  • Comprehensive total rewards package including retirement and health benefits
  • Paid time off and wellness programs.
Full Job Description
Job Description Summary

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.

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