Treasury Operations Associate

Hanover Park

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: Not Disclosed
Posted on: 3 days ago
Vacancies: 1 Vacancy

Department:

Operations

Job Summary

About Hanover Park

Were building the AI-native ERP that will define private markets infrastructure. This isnt an AI wrapper slapped onto legacy software we built a proprietary general ledger accounting system from the ground up designed specifically for complex investment firms. As the system of record weve earned the trust to bundle fund administration with tools that were previously fragmented: investor portals AI-powered portfolio management KPI collection and more.

With AI context is king. And Hanover Park has all the context on our customers.

In under a year weve scaled to over $15 billion in assets under administration serving investment firms and LPs that include top-5 banks and major endowments. Were backed by Emergence Capital (first investor in Salesforce and Zoom) Susa Ventures (first investor in Robinhood and Flexport) and Lux Capital.

Stripe for payments. Ramp for expenses. Hanover Park for investments.

About the role

Capital calls distributions and wire transfers are zero-error-tolerance workflows. Youll be the financial control layer for some of the most sophisticated investment firms in the country and youll do it at a company thats actively automating the most painful parts of your isnt a role where you inherit a legacy playbook and execute it indefinitely. Youll help document streamline and eventually automate the treasury processes that keep our clients capital moving accurately and on time. Youll work closely with our fund accounting and engineering teams to make sure the operational infrastructure keeps pace with our growth.

What youll work on

  • Process and own the full range of money movement workflows capital calls distributions investment wires bill payments intercompany payables/reimbursements and management fee payments ensuring that they are processed accurately and on time

  • Serve as the operational control layer catching errors before they reach the client

  • Reconcile cash positions daily and maintain current accurate records

  • Partner with engineering to document and systematize treasury processes

  • Identify and surface automation opportunities to reduce manual intervention

  • Support fund accounting leadership on client escalations when needed

  • Own treasury approval workflows helping migrate approvals out of ad hoc channels and into structured auditable processes within the platform

What were looking for

Must-haves

  • Hands-on experience processing wire transfers and capital call/distribution workflows

  • Extreme attention to detail you catch errors before anyone else does

  • Ability to work quickly under deadline pressure without sacrificing accuracy

Nice-to-haves

  • Experience at a fund administrator PE/VC back office or bank treasury team

  • Familiarity with fund accounting platforms

  • Understanding of management fee and waterfall structures

This is not the role for you if:

  • Youre comfortable letting errors slide until someone else catches them

  • Youve only worked in highly manual paper-based processes and have no interest in automation

  • Attention to detail isnt something people would use to describe you

Why join now

Youll help design the future of fund treasury ops not just execute a legacy workflow. At Hanover Park the most tedious parts of your job are exactly what were building AI to eliminate. That means your time goes toward higher-judgment work and your impact compounds as the platform scales.

The stakes are real. Errors have consequences for clients and their LPs. If that kind of accountability motivates rather than intimidates you we should talk.

Equal opportunity employment

Hanover Park is an equal opportunity employer. We do not discriminate on the basis of race color religion sex sexual orientation gender identity or expression national origin age disability veteran status genetic information or any other characteristic protected under applicable federal state or local law.

We are committed to building a team that reflects a diversity of backgrounds perspectives and skills. All qualified applicants will receive consideration for employment without regard to any protected characteristic.

If you require a reasonable accommodation during the application or interview process please contact us at

Hanover Park is headquartered in the Gramercy Area in New York City. This role is on-site 5 days per week.


Required Experience:

IC

About Hanover ParkWere building the AI-native ERP that will define private markets infrastructure. This isnt an AI wrapper slapped onto legacy software we built a proprietary general ledger accounting system from the ground up designed specifically for complex investment firms. As the system of rec...
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