Evolution Credit Partners, headquartered in Boston, Massachusetts, manages approximately $3.5 billion across a range of synergistic credit strategies. Evolution's credit platform provides bespoke financing solutions across the credit spectrum.
Role Description:
The Treasury Manager will play a critical role in the success of Evolution Credit Partners by overseeing and optimizing the Firm’s cash and liquidity position to support daily operations and growth initiatives. This person will be responsible for providing valuable input and oversight to the Firm’s cash flow forecasts and financial models for each of the funds it manages, contributing to accurate financial planning and decision-making. As a Treasury Manager, this person will be tasked with managing third-party relationships with banking partners and will be directly responsible for the management / reporting for credit facilities across the Firm and ensuring that internal and external reporting obligations are met with accuracy and timeliness.
This individual will be responsible for managing the cash management and liquidity across all fund investment activities. The Treasury Manager will work closely with the Investment, Middle Office, Finance, Legal, and Compliance teams to develop and maintain efficient processes that support the Firm’s growth and investment strategies.
This position requires a proactive, hands-on leader with deep experience in credit investments, leverage / bank facilities management, fund operations, and technology-driven process improvement. In summary, this person will have ownership and/or oversight of the various components of the daily cash and liquidity activities essential to the operations of the Firm.
The role will entail the following:
- Operational Oversight: Lead and manage all operational functions related to cash movements, cash projections, credit facility management and internal and external reporting associated with these areas.
- Liquidity and Cash Management: Work closely with the Finance team and Middle Office to ensure optimal liquidity, oversee cash movement, treasury functions, credit facility management, and collateral management; ensure timely cash movement for distributions, capital calls, borrowings and repayments.
- Credit Facility Management: monitor and optimize borrowing base availability; coordinate with lenders for drawdowns, payments, amendments.
- Process Improvement: Develop automated credit facility reporting and covenant testing workflows and reports.
- Cash Forecasting: Provide valuable input and oversight to the Firm's and affiliate fund cash flow forecasts and financial models, contributing to accurate financial planning and decision-making.
- Trade Management: Analyze various financing options to determine optimal funding strategy across various liquidity sources.
- Investment Funding Support: Secure and allocate cash for investments, provide ongoing status updates for transactions, and proactively work with banks and other financial institutions to confirm funding related to transaction settlement.
- Reporting: Assist with and improve daily / weekly / monthly reporting processes and models for internal stakeholders, auditors, and other third parties. Develop and measure KPIs. This includes aiding in the provision of important financial data to other investment team, Middle Office and Finance team members with respect to each credit facility and pipeline item.
- Process Optimization: Identify and implement improvements to operational workflows, reducing inefficiencies and mitigating risks.
- Risk and Compliance: Ensure adherence to covenant requirements and reporting deadlines; implement controls to cash and treasury functions to mitigate operational and financial risks.
- Governance: Participate on or report into the Firm’s Liability and/or Risk committees.
- Service Provider Oversight: Help to manage relationships with relationship banks, outsourced workforce partners, and other external vendors and service partners to ensure optimal service and cost efficiency.
Skills, Experience and Education:
- 5+ years of experience in Treasury-related operations within an investment manager or bank lender finance group, with a strong background in private credit, direct lending, or alternative investments.
- Understanding of liquidity management, debt capital markets and bank facilities.
- Proficiency in investment management systems and data analytics tools.
- Proven ability to lead teams and projects, balancing strategic oversight with hands-on execution.
- Strong analytical, problem-solving, and communication skills with a process-improvement mindset.
