Role in brief
Xapo Bank is seeking a Treasury Manager to oversee cash and banking operations in a fully remote capacity. This role focuses on optimizing liquidity, managing financial risks, and developing treasury policies. Candidates with 5-10 years of fintech experience, a CFA or CIMA qualification, and crypto industry background should apply to help manage the bank's financial health.
About the role
This role involves comprehensive management of Xapo Bank's treasury functions, with a primary focus on liquidity and cash. The Treasury Manager will monitor daily cash positions, ensure optimal cash balances, and strategically invest surplus funds to enhance returns while maintaining necessary liquidity. A key aspect of the work is identifying and mitigating cash-related risks, requiring the development and implementation of robust risk management strategies.
The position also includes managing relationships with financial institutions, which involves supporting existing partnerships and negotiating banking terms. The Treasury Manager will be responsible for creating and maintaining treasury reporting, specifically developing Management Information Systems to track daily cash positions. This role is central to establishing and enforcing cash management policies that safeguard the company's assets.
Success in this role means effectively optimizing the bank's cash flow and financial stability. This includes maximizing returns on investments, minimizing financial risks, and ensuring compliance with internal policies. The Treasury Manager will also contribute to special projects related to cash management and treasury, indicating a need for adaptability and project involvement beyond daily operations.
The salary for this position ranges from $98,000 to $162,000 USD.
Skills that matter here
- Liquidity Management: This skill is central to monitoring daily cash, optimizing balances, and investing surplus funds.
- Cash Management: This skill is applied in developing and enforcing policies to protect company assets and in general oversight of banking processes.
- Financial Expertise: This underpins the ability to understand financial principles and manage the bank's treasury operations effectively.
- Cash and Crypto Execution: This skill is essential for performing transactions and managing assets within both traditional and crypto financial systems.
- Analytical Skills: These skills are used for identifying risks, developing strategies, and building monitoring tools and spreadsheets.
- Bank Relationship Management: This skill is used to support and negotiate terms with financial institutions.
Who this role suits
- A candidate with 5-10 years of experience in a fintech environment.
- Someone holding a CFA or CIMA qualification.
- An individual with prior experience working within the crypto space.
- A person who can build financial spreadsheets and monitoring tools independently.
From the employer
- Liquidity Management: Monitor daily cash positions, optimise cash balances, and invest surplus funds to maximise returns while maintaining liquidity.
- Risk Management: Identify and mitigate cash-related risks, develop risk management strategies.
- Bank Relationship Management: Support relationships with financial institutions and negotiate banking terms.
- Treasury Reporting: Own and develop Treasury Management Information capturing daily cash positions.
- Cash Management Policies: Develop and enforce policies to safeguard company assets.
- Ad Hoc Projects: Participate in special projects related to Cash Management and Treasury.
- Experience: 5-10 years in a fintech or equivalent environment.
- Qualifications: CFA or CIMA or similar qualification.
- Crypto Experience: Must have experience in the crypto space.
- Skills: Ability to build spreadsheets and monitoring tools, strong understanding of financial principles, analytical skills, communication skills, attention to detail.
- Work Remotely: 100% remote position, work from anywhere.
- Work-Life Balance: Flexible work schedule and PTO plan.
- Learning and Development: Yearly budget for individual learning and development goals.
Questions about this role
What is the company's remote work policy?
This is a 100% remote position, allowing the successful candidate to work from anywhere in the world.
What level of seniority is this role?
This position is for a middle-seniority professional.
What qualifications are required for this role?
Candidates must have 5-10 years of experience in a fintech or equivalent environment, a CFA or CIMA qualification, and experience in the crypto space.