Treasury Associate
- Progress Residential PM Holdings, LLC
- Thousand Oaks, CA
- 4mo ago
- Full-Time
- On-site
Why Anchor Loans?
Anchor Loans is one of several operating companies owned by Pretium Partners (+$60B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint.
Anchor Loans, established in 1998, is the nation’s leading private, direct lender to experienced residential real estate investors and builders, and the first to surpass $10 billion in total fundings. Renowned for expediting financing for developers and investors, we specialize in bridge loans, ground-up construction, and single-family rental solutions for non-owner-occupied projects. Headquartered in beautiful Thousand Oaks, California, Anchor Loans currently lends in 48 states and is expanding into new markets and service lines to better serve our current and future borrowers.
As a Treasury Associate, you will play a critical role in managing the company’s liquidity, ensuring the timely execution of financial operations, and compliance with internal controls. You will be responsible for coordinating and executing initial fundings of new loans, draws, and fund accounting across multiple entities and banking platforms, as well as supporting the generation and delivery of loan portfolio reports to investors.
Essential Duties & Responsibilities
Manage cash flow & liquidity
Monitor & ensure accurate financial transactions
Prepare financial reports
Fund loans. This involves setting up wires in the bank pursuant to wire instructions and recording the transaction in the accounting software
Prepare monthly cash remittance reports
Process daily draws including submitting wire transfers & recording transactions in the accounting software
Process investor and servicer remittances
Process high volume bank transactions
Resolve inquiries and issues with banks and investors; resolving operational issues as they arise
Prepare daily data tapes to investors
Reconcile bank accounts
Desired Skills & Qualifications
Understanding of simple daily interest calculations
Previous loan payment/mortgage collection experience is a plus
Strong Excel and Microsoft Office skills
Strong problem solving, research and analytical skills
Ability to work individually and collaboratively
Ability to adapt in a changing environment
Requirements
Business, Finance or Accounting degree
Effective organizational and time management skills
Acute attention to detail
Experience with accounting software
Aptitude for problem solving
Work Environment:
This is an in-office position reporting to Anchor’s Thousand Oaks, CA office full-time.
Compensation:
The base pay range for this position is $25 - $28 an hour, plus annual discretionary bonus based on performance of the individual and company.
What We Offer:
The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:
Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance
Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits
Highly competitive performance bonus
401(k) retirement program with employer match
Tuition reimbursement toward professional development
Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons
Onsite gym (Thousand Oaks only)
12 Paid Holidays
Diversity matters to our organization, and we are proud to be an equal opportunity employer. All qualified candidates are welcome and will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, natural origin, disability, age, veteran status, or any other protected characteristic.