Director Of Treasury

London, United Kingdom

Job Description

As Director of Treasury, in our Treasury & Payment Operations team, you will be responsible for the smooth day-to-day operation of the global multi-currency payment network, for the Payment Rails platform.

Payment Rails is a B2B SaaS payouts platform for the on-demand economy. We are helping modern businesses and platforms pay their on-demand workers and suppliers all around the world, whether it be freelancers, photographers, drivers, hosts, artists, influencers, developers, musicians, or one of the 500 Million (and growing fast!) people working as an independent contractor (aka freelancing). We help businesses not just pay these workers globally, but also automate all the other financial operations (finops) tasks like collecting and validating bank info, completion of tax forms, AML screening, handling FX conversions to 135+ currencies, reconciling to your accounting/ERP system, and many other tasks which saves our customers a heap of time and money.
How you'll be making a difference:

  • Smooth 24/7 running of the global payment and treasury network
    • Ensuring payment delivery SLAs are consistently achieved and improved upon;
    • Reported payment exceptions (returns, fails, undelivered) are correctly resolved within SLA;
    • All payment routes and partners are monitored continuously for operational status;
  • Liquidity management and forecasting
    • Perform daily forecasting of payment and FX volumes expected to be processed by all partners globally;
    • Prepare and execute the daily movement of treasury funds and the execution of FX conversions;
  • FX management
    • Manage FX execution flow with partners
    • Confirm credit of funds at the partners, and book and confirm executed deals;
    • Monitor partner FX cost to assure adherence to agreements;
    • Monitor conversions / trades, manage currencies exposure and monitor funding at partner;
    • Perform bank transfers to banks or liquidity providers for settlement.
  • Reconciliations and settlement
    • Assist the Finance / Accounting team with monthly reconciliation with partners.
    • Ensure that commissions to partners are settled in a timely manner.
  • Automation
    • Partner with the Engineering and Product team on the automation of treasury flows and cash management.
    • Continuously working to speed up payment delivery and minimize exceptions (returns, fails, undelivered)
  • Bank relationship management
    • Support our bank account and partner strategy, with the VP of Payment Network;
    • Be an important point of contact with bank partners for day-to-day operational matters.
  • Risk management
    • Help to measure and mitigate the company's financial and risks.
  • Processes & regulation
    • Develop and implement treasury policies, procedures, and controls;
    • Ensure regulatory compliance in our processes
Requirements Experience:
  • 5+ years of corporate treasury experience, ideally in the financial services, payments, FX, fintech, or a related sector;
  • Strong understanding of wire and payment processing, cash/liquidity management in a multi-currency treasury environment;
  • Working knowledge of foreign exchange markets, including cross-currency rates, trading concepts (no trading experience required), fundamental FX margin mathematics;
  • Exposure to the concepts of safeguarding, forecasting, and reconciliation;
  • Experience in a high growth start-up environment;
  • Led a small team before.
  • The ability to work with and synthesize large financial data sets;
  • An inclination to solve problems systematically via automation;
  • A clear willingness to “roll up their sleeves” and dive into the details;
  • Comfortable working with software engineers, product managers, and finance team members;
  • Demonstrable experience of making commercial decisions;
  • Self-motivated individual, contributor with excellent presentation and communication skills;
  • Strong team player, enthusiastic, dynamic personality with comfort in a complex multinational work environment;
  • Able to work independently under tight deadlines and constraint;
  • Detail-oriented, independent and analytical with good problem solving skills;
  • Strong communication, organisational and time management skills.
  • University degree in business administration, commerce, accounting or a related field is preferred;
  • Advanced user or Microsoft Office, especially Excel;
  • Experience using a business intelligence tool, such as Tableau, Looker, an asset;
  • Fluency in English.
  • Join an amazing team of diverse people working together on a common mission.
  • 4 weeks paid vacation per year + public holidays
  • ESOP Stock Options: participate in our collective success
  • Central modern office, close to public transport (Liverpool Street Station)
  • Company provided use of Apple MacBook Pro and Mac gear

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Job Detail

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    Full Time
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  • Job Location
    London, United Kingdom
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