Senior Treasury Associate

DraftKingsBoston, MA
3d

About The Position

At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It’s transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We’re not waiting for the future to arrive. We’re shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together. The Crown Is Yours As a Senior Treasury Associate, you’ll support the daily cash, margin, and treasury operations that protect customer funds and power DraftKings’ CFTC and National Futures Association regulated business. In this role, you’ll manage key controls including customer funds segregation calculations, reconciliations, and payments while ensuring regulatory accuracy and audit-ready execution as the business scales.

Requirements

  • Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
  • 3+ years of experience in treasury, regulatory finance, or cash management, preferably within a regulated financial institution such as an FCM, broker-dealer, clearing firm, or bank.
  • Experience preparing customer funds segregation calculations and SIDR reporting.
  • Familiarity with CFTC regulations and National Futures Association requirements.
  • Strong experience with reconciliations, cash positioning, and payment processing in time-sensitive environments .
  • Ability to investigate discrepancies and resolve issues in deadline-driven environments.
  • Experience working within strong internal control frameworks and regulatory oversight environments.
  • High attention to detail, strong analytical skills, and a solutions-oriented mindset.

Nice To Haves

  • Familiarity with treasury systems, banking platforms, or enterprise resource planning systems is a plus.

Responsibilities

  • Execute daily treasury operations supporting Futures Commission Merchant activities in compliance with CFTC and National Futures Association requirements.
  • Prepare and review customer funds segregation and secured amount calculations, and support daily Segregated Investment Detail Report (SIDR) and related regulatory reporting.
  • Perform reconciliations across bank, custodial, and clearing accounts, validating collateral, restricted cash, and margin balances while investigating discrepancies and driving timely resolution.
  • Manage daily cash positioning and payment activity, including wires, customer withdrawals, and margin funding with exchanges and clearinghouses.
  • Maintain strong treasury controls and documentation, including segregation of duties, evidence retention, and audit-ready workpapers.
  • Partner with Compliance, Accounting, Risk, and Operations teams to support regulatory reporting, examinations, and treasury process and control improvements.
  • Contribute to automation initiatives by validating outputs, monitoring exceptions, and strengthening operational control integrity.
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