MONTICELLOAM, LLC · 17 hours ago
Treasury Analyst or Associate
NYC Metro Area
Full-time
Onsite
Entry, Mid Level
$85K/yr - $120K/yr
1+ years expMonticelloAM, LLC is a real estate and asset-based lender providing comprehensive capital solutions for various real estate assets. They are seeking a Treasury Analyst/Associate to manage bank accounts, support loan closings, and oversee payment management while collaborating with internal and external stakeholders.
FinanceFinancial ServicesHealth Care
Responsibilities
Establish and maintain new bank accounts across corporate, borrower, investor, reserve, and working capital entities
Coordinate with internal stakeholders and banking partners to complete KYC and onboarding documentation including any account control agreements such as DACAs, DAISAs, or cash management accounts. Ensure control agreements have been adequately implemented by the bank post agreement execution
Ensure accounts have been added to Monticello’s treasury management platform, Kyriba ensuring reporting and payments processing are available
Ensure the account is setup to earn the agreed upon rate of interest and any bank fees are determined and approved by Monticello leadership
Once an account is no longer needed / in use, ensure any control agreements are terminated and the account is closed as required
Support the treasury component of loan closings, including account setup, wiring instructions, settlement statement review, and funding coordination
Partner with asset management, loan operations, and legal to ensure proper documentation for controlled accounts and funding flows
Oversee execution of post-closing cash movements related to borrower, investor, and reserve accounts
Work closely with Underwriters and the MAM Closing team leading up and on the day of a closing to fund new loans
Work with internal stakeholders and Monticello’s Fund Administrators to coordinate payment setup, approval, and release across recurring and ad hoc corporate, investor, borrower and reserve entity accounts, including remittance to external stakeholders such as participants, warehouse lenders, and investors
Ensure all accounts payable submissions are approved and remitted for payment timely, confirming vendors have been approved by firm management with any payables detailed fully completed
Execute recommended daily sweeps, adhering to strict cut-off times for corporate and fund level activities
Review and monitor bank fees billed to various accounts
Manage and maintain banking relationships with multiple financial institutions through the use and ownership of the Kyriba
Ensure the complete and accurate population of accounts are reporting effectively and any payments challenges are quickly assessed and resolved to completion
Assist with user administration and payment workflows
Manage bank portal access where required
Partner with internal stakeholders to optimize data flow between Kyriba and other systems
Help to design, create and manage bank reporting dashboards prepared daily, weekly, monthly, ad hoc, providing visibility into liquidity, balances, cash forecasting and transactions across banks, borrowers, investor, and corporate entities
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or a related field
1–5 years of experience in treasury, corporate finance, banking, or cash management
Familiarity with Kyriba or similar treasury workstations/ERP systems required
Strong understanding of banking operations, KYC processes, and control agreements
Excellent analytical, organizational, and problem-solving skills
Proficiency in Excel, PowerPoint, and financial data tools
Strong oral and written communication skills with the ability to collaborate across multiple internal and external stakeholders
Detail-oriented and proactive with a desire to learn and grow within the commercial real estate finance industry
Benefits
Discretionary bonus based on employee work performance reviewed during the annual review process
Company
MONTICELLOAM, LLC
MONTICELLOAM, LLC is a specialized multifamily and seniors housing lending platform with expertise in providing bridge loans and managing credit risk.
51-200 employees
H1B Sponsorship
MONTICELLOAM, LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
2022 (1)
Funding
Current Stage
Growth StageLeadership Team
Gregory McManus
Chief Operating Officer
Jessica Koonz Dulgerian, CPA
Chief Accounting Officer
Recent News
2024-06-01
Company data provided by crunchbase