Vice President, Treasury Operations

Adams Street Partners • Chicago, IL

2d • $100,000 - $150,000

About The Position

Adams Street Partners (“Adams Street”) is a global private markets investment manager that has $65 billion in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the eighth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2025.
Employees operate as a single global team, integrating the expertise of the firm’s investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.
The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.
Adams Street has offices in Abu Dhabi, Austin, Beijing, Boston, Chicago, Hong Kong, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto.
Overview
As a senior member of the PE Operations Team, the Vice President, Treasury Operations will play a key role in overseeing and executing critical treasury and fund transaction activities. This individual will serve as a subject matter expert in wire processing, cash movements, and treasury operations, with responsibility for reviewing and approving transactions, enhancing controls, and driving process efficiencies across the platform.
This role is differentiated by a higher level of ownership, risk oversight, and project leadership, including mentoring junior team members and contributing to strategic operational initiatives.

Requirements

• Undergraduate degree required
• 7+ years of relevant experience in treasury operations, cash management, or financial operations within financial services
• Experience with the Private Equity and/or Private Credit asset class
• Demonstrated experience with wire processing, approvals, and banking platforms, including both domestic and international payments
• Experience operating in a control-focused environment with strong risk awareness
• Strong communication skills with the ability to engage effectively across teams and seniority levels
• Ability to clearly articulate issues, risks, and recommendations
• High degree of ownership and accountability, with the ability to operate independently and make informed decisions
• Proven ability to lead initiatives and drive process improvements
• Strong analytical and problem-solving skills, particularly in complex or ambiguous situations
• Detail-oriented with a focus on accuracy, controls, and continuous improvement
• Collaborative team player
• Thrive in a fast-paced, dynamic environment and can prioritize workflow throughout the day managing changing deadlines
• Advanced Excel skills required; experience with automation tools, data analysis, or AI-related technologies is a strong plus
• Deep familiarity with treasury management systems, banking portals, and wire workflows

Responsibilities

• Review and approve cash wire and FX transactions (domestic and international), ensuring accuracy, completeness, and adherence to internal controls and security protocols
• Act as a subject matter expert in treasury operations, including wire setup, payment workflows, and banking relationships
• Oversee and enhance wire-related controls and procedures, proactively identifying and mitigating operational risks
• Partner with internal teams (Investment Accounting, Client Operations, Technology) to resolve complex cash and transaction issues
• Lead and contribute to cross-functional projects focused on process improvement, scalability, and operational efficiency
• Identify opportunities for automation and emerging technology (including AI-driven solutions) to streamline workflows and reduce manual effort
• Interface with custodian banks, administrators, and external partners to resolve escalated issues and improve processes
• Oversee cash activity and support the resolution of complex reconciliation breaks
• Ensure adherence to all internal controls, audit requirements, and compliance standards
• Develop a deep understanding of Adams Street’s investment strategies and operational infrastructure to support ongoing enhancements
• Review and approve entries for both investment and investor transactions

Benefits

• We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance.
• Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption.
• Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees