[Remote] Treasury Analyst, Regulatory Operations (FCM)

Note: The job is a remote job and is open to candidates in USA. Underdog is a fast-growing sports company focused on enhancing the sports experience for fans. The Treasury Analyst role involves managing treasury operations within a registered Futures Commission Merchant, ensuring compliance with regulations and supporting product growth through effective cash management and liquidity monitoring.

Responsibilities

• Execute and monitor daily customer fund segregation and secured amount calculations in compliance with CFTC regulations
• Manage daily cash positioning to meet customer withdrawal requests, exchange margin requirements, and regulatory minimums
• Initiate, review, and release wire transfers with strict adherence to internal controls and approval workflows
• Support exchange and clearinghouse margin funding, including variation and initial margin movements
• Monitor liquidity and identify potential shortfalls or excesses, escalating issues as needed
• Maintain accurate records of cash movements, collateral, and bank balances across multiple accounts
• Support regulatory reporting, audits, and examinations related to treasury and cash management activities
• Collaborate with Accounting, Compliance, and Operations to ensure accurate, timely, and compliant treasury processes

Skills

• 2–4+ years of experience in treasury, cash management, regulatory operations, or financial operations within a regulated financial institution (FCM, broker-dealer, clearing firm, bank, etc.)
• Familiar with customer protection or reserve-style calculations (CFTC segregation or SEC Rule 15c3-3 experience highly transferable)
• Strong understanding of cash management processes, wire controls, and bank reconciliation
• Exceptional attention to detail; understand that an error in a calculation or a wire transfer has significant financial and regulatory consequences
• Comfortable in a high-pressure, daily-deadline-driven environment
• Hold a Bachelor's degree in Finance, Accounting, or a related field
• Independent and understand the importance of segregation of duties, reporting directly into the finance vertical and remaining separate from the trading desk
• Direct experience preparing daily segregation or secured amount computations
• Experience with regulatory reporting portals (e.g., NFA WinJammer or FINRA FOCUS systems)
• Familiarity with CFTC Regulations
• CTP (Certified Treasury Professional) designation
• Experience working with exchanges, clearinghouses, or margin funding

Benefits

• Unlimited PTO for full-time employees (we're extremely flexible with the exception of the first few weeks before & into the NFL season)
• 16 weeks of fully paid parental leave
• Home office stipend
• A connected virtual-first culture with a highly engaged distributed workforce
• 5% 401k match, FSA, company paid health, dental, vision plan options for employees and dependents
• We're a remote-first company and value in-person connection. That said, we expect everyone to gather 2-3 times per year for team and company offsites, trainings, and more.

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