Director of Treasury

About the Team

OpenAI Finance is responsible for ensuring the organization is set up for success in pursuit of its mission.

The Treasury team drives the strategic management of our financial resources, playing a pivotal role in supporting our growth, innovation, and operational efficiency.

About the Role

As a Director of Treasury, you will play a pivotal role in overseeing daily treasury operations and driving strategic initiatives. This is a high-impact role responsible for managing our global cash position, scaling our investment and FX risk management programs, and will be instrumental in enhancing Treasury infrastructure through enterprise Treasury Management Systems Treasury Management System (TMS) capabilities.

This role is based in San Francisco, CA. We use a hybrid work model of 3 days in the office per week and offer relocation assistance to new employees.

In this role, you will:

• Lead daily treasury operations including cash positioning, forecasting, and bank account administration across multiple entities.

• Ensure effective liquidity management and optimize working capital usage.

• Monitor and report on short-term investment positions, flows, and cash balances.

• Design and maintain fixed-income SMA (Separately Managed Account) investment frameworks that balance yield, liquidity, and risk.

• Develop and execute FX hedging strategies to manage global currency exposure.

• Oversee implementation and continuous optimization of TMS modules, with emphasis on cash forecasting and automation.

• Serve as a key partner to Strategic Finance, Accounting, and Legal to support capital structure decisions and intercompany funding strategies.

You might thrive in this role if you have:

• 10+ years of progressive treasury experience in areas such as cash management, investment management, FX risk management, and capital markets.

• Demonstrated success leading Treasury functions in high-growth, fast-paced environments.

• Significant experience managing multi-billion-dollar cash and investment portfolios.

• Expertise in developing FX hedging strategies and navigating global banking infrastructure.

• Proven track record of building Treasury frameworks from the ground up, including investment policy design, counterparty risk frameworks, and liquidity planning.

• Familiarity with tools such as Excel, PowerPoint, Bloomberg, FXall, Clearwater Analytics, and enterprise TMS solutions.

• Experience collaborating cross-functionally with senior leadership and external financial partners.

About OpenAI

OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. We push the boundaries of the capabilities of AI systems and seek to safely deploy them to the world through our products. AI is an extremely powerful tool that must be created with safety and human needs at its core, and to achieve our mission, we must encompass and value the many different perspectives, voices, and experiences that form the full spectrum of humanity.

We are an equal opportunity employer and do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, veteran status, disability or any other legally protected status.

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For US Based Candidates: Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records.

We are committed to providing reasonable accommodations to applicants with disabilities, and requests can be made via this link.

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At OpenAI, we believe artificial intelligence has the potential to help people solve immense global challenges, and we want the upside of AI to be widely shared. Join us in shaping the future of technology.

Compensation Range: $295K