Senior Treasury Manager, Private Fund

Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take. 

Realty Income’s employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement.  

Realty Income is committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day. 

Position Overview:

The Senior Treasury Manager, Private Fund, plays a key role in building and executing the treasury function for our private fund business. This role develops fund-specific policies, procedures, and infrastructure to support the fund’s legal cash flow structure and transforms cash forecasting, capital deployment, and investor transactions. The Senior Treasury Manager partners with internal teams, including investor relations, tax, fund accounting, and IT to design and implement treasury operations that align with compliance requirements and evolving business needs. 

Key Responsibilities:

Treasury Operations & Strategy

• Lead the design of the treasury infrastructure for the private fund business, including execution of cash flow structures and investor payment methodologies.
• Manage fund liquidity, ensuring efficient capital deployment, forecasting, and optimization of fund cash flows.
• Oversee electronic payment processing for all domestic and international private fund accounts, addressing investor wire instructions and multi-currency transactions.
• Ensure compliance with regulatory requirements, including AIFMD, FATCA, and KYC/AML, in setting up and managing investor payments.
• Oversee the wire batch posting process to ensure ERP-to-bank reconciliation and automation of cash processes.
• Partner with IT to enhance Yardi’s treasury capabilities and integrate with banking platforms.
• Lead the setup and ongoing management of subscription lines of credit and other fund-level financing initiatives.

Accounting & Compliance

• Ensure that private fund treasury-related journal entries for various banking transactions contain the necessary support.
• Develop and implement treasury policies, procedures, and controls to ensure regulatory and investor reporting accuracy.
• Collaborate with legal, tax, fund accounting, internal audit, and compliance teams to navigate fund structure complexities and reporting obligations.
• Provide direction to internal/external auditors related to treasury activities/audits.

Stakeholder & Cross-Functional Collaboration

• Serve as a key treasury liaison with investors, fund accounting, tax, legal, and IT teams to align treasury functions with fund operations.
• Work closely with the Real Estate Investment Management (RIM) team to ensure treasury processes align with fund investment strategies.
• Educate internal teams on treasury best practices and fund-specific treasury considerations.

Process Improvement & System Implementation

• Lead initiatives to automate, scale, and enhance treasury operations for the private fund business.
• Drive system improvements, including the implementation of ERP system enhancements and integration with banking platforms. 

Qualifications: 

• A qualified candidate is typically expected to have 8+ years of treasury experience, including 2+ years in private fund treasury.
• Experience with fund structures, capital calls, investor distributions, and subscription lines.
• Strong knowledge of AIFMD, FATCA, KYC/AML, and fund compliance requirements.
• Strategic thinker who can develop treasury operations for a new fund business.
• Ability to design, implement, and manage treasury processes, policies, and procedures from scratch.