Manager, Treasury

The Treasury Manager role is an integral part of the Treasury team, responsible for leading capital deployment, liquidity management, and facility execution. While primary ownership will focus on Pagaya’s Auto asset class, the role will also gain exposure to Personal Loans (PL) and Point-of-Sale (POS) . This position manages liquidity, funding operations, and allocations across the firm’s full ecosystem of investment vehicles—including Asset-Backed Securitizations (ABS), Forward Flow agreements, credit facilities, and Investment Funds.

The Treasury Manager will lead capital allocations, support the closing of new credit facilities and forward flow deals and own liquidity strategy. The candidate should be comfortable making decisions, voicing strategic opinions, and managing time-sensitive objectives in a fast-paced, high-growth environment.

This position involves extensive cross-functional collaboration with Capital Markets, Reporting, Strategic Finance, Legal, and external partners, offering high visibility and direct exposure to senior and executive leadership. The role represents a strong opportunity to take end-to-end ownership of a primary asset class and grow alongside a rapidly expanding financial technology company.

• Deal Closing & Execution: Partner with Capital Markets, Legal, and Finance to support the operational setup and closing of new credit facilities, ABS transactions, and forward flow deals within the Auto asset class.
• Capital Allocation & Deployment: Manage day-to-day capital deployment and funding flows across Investment Funds, ABS trusts, and forward flow programs to optimize liquidity, leverage, and collateral allocations. 
• Concentration Limits & Eligibility: Monitor and enforce portfolio concentration limits, asset eligibility criteria, and borrowing base covenants across all credit facilities, ABS trusts, and fund vehicles prior to and following capital deployment.
• Facility Management: Oversee ongoing credit facility operations, including borrowing base calculations, draw requests, paydowns, compliance reporting, and indenture covenant tracking.

• Liquidity & Cash Positioning: Direct daily liquidity positioning, short- and long-term cash forecasting, and capital planning across investment funds and SPVs.
• Forecasting Models: Develop and refine predictive cash flow and liquidity models; analyze variance drivers and report actionable insights to leadership.

• Large Dataset Reconciliations: Perform daily and monthly reconciliations of complex cash flows, purchase price adjustments, servicing feeds, and funding files, leveraging advanced data tools to process large-scale transaction datasets.
• External Ecosystem Management: Interface with key external stakeholders—including servicers, originators, custodians, trustees, and lenders—to oversee settlement workflows.
• Process Scaling: Enhance internal controls, build robust operating procedures, and design automated workflows to scale treasury infrastructure as portfolio volume grows.

• 4+ years of experience in Treasury or Structured Finance experience with direct exposure to ABS, CLOs or RMBS.
• Data & Technical Capabilities:
  • Proven experience analyzing and reconciling large datasets.
  • SQL proficiency is required.
  • Advanced Excel capabilities (financial modeling, dynamic data manipulation).
  • Python experience is preferred.

• Document Proficiency: Ability to read, interpret, and operationalize credit agreements, trust indentures, and transaction documents.
• Education: Bachelor’s degree in Finance, Economics, Accounting, or a related quantitative field.

Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs with our head quarters located in NYC and Tel Aviv. 

We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.

• Continuously Learn- We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
• Debate and Commit- We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
• Dream Big and Act- We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
• Advance Inclusion- We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
• Be Accountable Together- We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.

We believe health, happiness, and productivity go hand-in-hand. That's why we're continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life.