Job Description

#### **About You**

With an eye for details, you know the importance of triple checking your work
to ensure accuracy and believe that is the minimum standard. You are
thoughtful about risk, learn quickly from your mistakes and are commercially
minded and motivated to ensure operations support business objectives. Digging
into the details is exciting and you are constantly looking for ways to make
established processes more streamlined and efficient. As a team lead, you are
excited to wear multiple hats and are always willing to roll up your sleeves
and lend a helping hand. Knowing that collaboration is key, you work closely
with like-minded individuals to solve problems and contribute to team
objectives.

#### **Principal Responsibilities**

* Manage Flourish’s treasury strategy to optimize yield within defined risk and regulatory parameters
* Manage, mentor, and develop the existing Treasury Operations team
* Partner with the Data team to forecast growth, explore optimal allocations, and report on key business metrics related to the sweep program
* Track and report on Treasury Operations KPIs to the Flourish executive team
* Facilitate daily cash movement of customer funds within the brokered sweep program as well as movement of funds between Flourish products and entities
* Perform daily cash reconciliation of customer cash within the brokered sweep program
* Run proprietary algorithm to derive the most optimal distribution of customer funds among brokered sweep program bank partners
* Be an expert on the details of our proprietary algorithm and sweep program
* Process monthly interest settlement and reconciliation at program banks
* Build, maintain, and evolve Treasury Operations processes to streamline core tasks, improve efficiency, and reduce mistakes
* Drive onboarding of new banks into the cash sweep program, or any other strategic partners for new product initiatives
* Develop strategic relationships with program banks’ operations leadership
* Provide audit support and adhere to operational controls and regulatory requirements
* Partner with Finance to complete all necessary monthly regulatory reporting
* Aid in ongoing bank and partner risk monitoring
* Stay abreast of key trends in the banking and payments space to propose new initiatives to enhance our offerings

#### **Qualifications**

* 7+ years experience in operations and/or treasury focused function from fintech startup, asset manager, or large bank
* Bachelor’s degree in related field
* FINRA Licenses - you must have at least two of the below licenses active and willing to get the other within the first 60 days of joining. Preference will be given to fully licensed candidates.
* SIE
* Series 99
* Series 27
* Familiarity with various USD payment rails and infrastructure (i.e. Fedwire, SWIFT, CHIPS, ACH, FedNow, etc.) preferred
* Familiarity with SEC/FINRA Broker Dealer regulations such as 15c3-1 Net Capital rules and 15c3-3 Customer Reserve rules a plus
* Experience working with various cash and/or fixed income products a plus
* Proven track record and keen eye for process improvement and streamlining procedures
* Reliable, eager, ambitious, self-starter, strong attention to detail a must
* Team player who is driven to solve problems and meet deliverables
* Previous management experience preferred

At Flourish, we focus on ensuring fair, equitable pay by providing competitive
salaries, along with bonus and incentive opportunities and benefits for all
employees.

Base Salary Range: $93,100 - $144,900 plus bonus

Skills: