Cash Management Director determines corporate cash requirements and oversees short-term cash assets or liabilities. Develops corporate investment strategy while maintaining liquidity. Being a Cash Management Director typically manages the organization's bank accounts, including the oversight of staff responsible for account reconciliation, transfer of funds, or purchase or sale of foreign currencies. May require a bachelor's degree. Additionally, Cash Management Director typically reports to a top management. The Cash Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Cash Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
About Cresset
Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning and other services through Cresset Asset Management, an SEC registered Investment Advisor, which has surpassed $40 billion in assets under management. Cresset Partners, our private investing group, offers clients direct access to real estate, private equity, and other investment opportunities. Since Cresset’s inception in 2017, the firm has grown to over 450 team members in more than twenty offices throughout the United States.
Cresset is seeking an Associate Director, Cash Management Specialist for Ultra High Net Worth/High Net Worth (UHNW/HNW) Clients. This role is to oversee the intricate financial affairs of our affluent clientele, ensuring optimal liquidity management, risk mitigation, and tailored financial solutions. You'll navigate sophisticated financial landscapes, providing strategic guidance to preserve and grow client wealth while maintaining the highest levels of discretion and professionalism. Join our team and help our UHNW/HNW clients optimize their cash management strategies and achieve their financial goals with confidence and peace of mind.
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What We Offer
Cresset offers a competitive compensation package including a discretionary bonus program and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.
Equal Employment Opportunity
It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.