Treasury Manager

Position overview

As the Treasury Manager at Xapo Bank, you will be a pivotal member of our Treasury team responsible for overseeing and optimising our cash and banking processes. Your expertise in liquidity management and cash management will play a crucial role in maintaining the financial health of our organisation. If you are a detail-oriented finance professional with a passion for maximising cash efficiency, we invite you to join our team.

Responsibilities

• Liquidity Management: Monitor daily cash positions, optimise cash balances, and invest surplus funds to maximise returns while maintaining liquidity. Minimise idle cash and reduce borrowing costs.
• Leading the cash execution for the Treasury and Investment related flows.
• Risk Management: Identify and mitigate cash-related risks, including currency exchange rate fluctuations and interest rate risk. Develop risk management strategies to protect company finances. Manage various Financial Limits within the agreed Group Risk Appetite
• Bank Relationship Management: Support relationships with financial institutions, negotiate banking terms and fees, and stay informed about banking services that can benefit the company.
• Supporting the delivery of various Treasury Regulatory Requirements for the Bank (e.g. ICAAP, ILAAP)
• Treasury Reporting: Owning and developing Treasury Management Information capturing the daily cash positions along with key treasury P&L. Supporting other regular MI requests for senior committees such as the Risk Management Committee and others.
• Cash Management Policies: Develop and enforce Cash Management policies and procedures to safeguard company assets and maintain compliance with internal controls and regulations.
• Ad Hoc Projects: Participate in special projects related to Cash Management and Treasury.

Skills needed

• Must have at least 5-10 years experience in a fintech or equivalent environment.
• CFA or CIMA or similar qualification.
• Must have Crypto experience .
• Ability to build spreadsheets and monitoring tools and reports from scratch.
• Financial Expertise: Strong understanding of financial principles, cash management, and treasury operations.
• Cash and Crypto Execution: Understanding of banking and crypto rails along with expertise in transaction execution on both Fiat and Crypto side
• Analytical Skills: Excellent quantitative and analytical abilities to interpret financial data and make data-driven decisions.
• Liquidity Management: Experience in optimising liquidity, managing working capital, and investing surplus funds.
• Bank Relationship Management: Ability to build and maintain positive relationships with banks and financial institutions.
• Financial Analysis: Skilled in conducting financial analysis and providing strategic insights.
• Risk Management: Knowledge of cash-related risks and experience in developing risk mitigation strategies.
• Communication: Strong verbal and written communication skills to report and present financial information effectively.
• Attention to Detail: A high level of attention to detail and accuracy in financial calculations and reporting.

Other requirements

• A dedicated workspace.
• A reliable internet connection with the fastest speed possible in your area.
• Alignment with Our Values and the Xapo Values-Driven Leadership principles.