Cash and Asset Treasury Manager

Wise; London; On-site; GBP 100,000 - 130,000; Full time

Job summary

A global technology company, Wise, is seeking a Treasury Manager to lead its Cash & Asset Management function in London. This pivotal role involves managing significant customer cash, developing investment strategies, and ensuring compliance with safeguarding regulations, all while contributing to Wise's mission of providing low-cost financial services. The successful candidate will have strong relationship-building skills and experience in risk management.

Benefits

Competitive salary and benefits

Flexible working arrangements

Opportunities for travel

Leadership growth opportunities

Qualifications

• Experience managing a material asset pool (hundreds of millions).
• Ability to communicate complex financial concepts to stakeholders.
• Experience working within CASS or Safeguarding frameworks.

Responsibilities

• Oversee management of £15b of customer funds while minimising risk.
• Develop and execute investment strategies aligned with regulatory requirements.
• Collaborate with teams to ensure adherence to regulatory frameworks.

Skills

Relationship building

Risk management

Agile execution

Job description

Company Description

Wise is a global technology company, building the best way to move and manage the world's money.
Min fees. Max ease. Full speed.

Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.

As part of our team, you will be helping us create an entirely new network for the world's money.
For everyone, everywhere.

More about our mission and what we offer.

Job Description

WE'RE A GLOBAL TECH COMPANY WITH A BIG MISSION AND A STARTUP HEART.

Wise plc launched in 2011 under its original name TransferWise. Fast forward to 2025 - we are 6000+ Wisers across 17 countries and 117 nationalities. We are one of the world's fastest growing, profitable technology companies and the largest tech company by market capitalisation to ever list in London.

We disrupted an industry and created a new way to move money across borders. Today, 16 million people and businesses use Wise. We process over £12 billion in cross-border transactions every month, savingcustomers over £1.5 billion a year. We are continuing to grow at pace and to redefine the international money space.

Since our founding, Wise has worked to make cross-border payments better for people with international lives, from expats, to small businesses trying to compete on a global scale, to students studying abroad, to customers sending money home to their families, to vacationers, to countless others. We have stayed true to our mission - making cross-border payments instant, convenient, transparent, and eventually free.

"We live in a unique time, where people like you and me can take on the huge problems of the world - and fix them."

Kristo Käärmann, co-founder

Job Description

We're looking for an experienced Treasury Manager to join our Cash & Asset Management function sitting within our Treasury squad in London.

We are at the heart of ensuring that both customer funds are efficiently managed to support Wise's mission of delivering low-cost, high-speed financial services. You'll be actively managing more than £15bn of customer cash, while supporting product teams to optimise across speed, cost, and customer convenience while maintaining and growing banking relationships with our key partners.

In this role you will directly lead a team of 2 and play a pivotal part in shaping the financial future of Wise, driving yield enhancement while managing risk and complying with Safeguarding regulations.

Here's how you'll contribute to Wise's mission:

• Oversee the management of £15b+ of customer funds within global safeguarding rules, optimising returns while maintaining adequate liquidity, minimising risk to capital and managing P&L stability.
• Develop and execute investment strategies aligned with local regulatory requirements and within Wise's risk appetite.
• Conduct regular market analysis to identify opportunities and mitigate risks
• Collaborate with Risk, Compliance, and Finance teams to ensure adherence to regulatory frameworks.
• Presenting on performance and risk at the monthly Market Risk Committee and escalating noteworthy items to the Assets and Liabilities Committee (ALCO).
• Own the relationships with our banks and counterparties, ensuring we are negotiating on price while enhancing opportunities for future initiatives.
• Be part of the team rolling out to new jurisdictions, ensuring Treasury can manage funds efficiently and in line with local regulations.
• Manage a team of 2 to ensure delivery on requirements pertaining to partner due diligence and account setup with new partners.
• Work with analysts to build and deliver reporting on all Cash & Asset Management activities, reporting on performance to various stakeholders.

This role will give you the opportunity to:

• Choose your path to impact - we believe people are most empowered when they can act autonomously. So rather than telling you what to do, you'll work with your team to create a vision of your own. Of course, you can always gather feedback from smart, curious people across Wise but you'll have the freedom to make your own calls
• Be part of a rapidly growing team, in an expanding business, giving opportunities to expand the role as you grow
• Be flexible in how you work, we understand everyone needs a little something different so we'll do our best to make it happen
• You'll have the opportunity to travel and work with our teams globally, as well as meet various partners and organisations when needed
• Grow as a leader - with our rapid growth, this role will need to be a source of markets expertise across our business

Qualifications & Experience

Must haves:

• Experience managing a material (hundreds of millions) asset pool
• An experienced professional relationship builder with banks and counterparties
• Experience working within CASS or Safeguarding frameworks
• A leader that has experience managing a small team
• Ability to easily communicate complex ideas (or explain financial instruments) to a range of stakeholders
• Experience producing "what-if" analyses for HQLA investments and have a strong understanding of key risk indicators like duration, credit spread, ratings, CDS pricing, size of market, etc.
• You are comfortable documenting processes, policies and investment mandates
• Ability to work in an agile, autonomous environment, balancing high-level strategy with hands-on execution when needed.

Qualifications

Additional Information

£100k-£130k

For everyone, everywhere. We're people building money without borders - without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.

We're proud to have a truly international team, and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.

If you want to find out more about what it's like to work at Wise visit Wise.Jobs.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.

• A competitive salary, and benefits to support your mental, physical, financial, and social wellbeing
• A competitive salary, and benefits to support your mental, physical, financial, and social wellbeing