Safeguarding & Treasury Manager

Yapily Ltd; Greater London; On-site; GBP 110,000 - 160,000; Full time

Benefits offered by this job

25 days holiday a year

Hybrid working

Private Medical Insurance

Company Pension Scheme

Parental leave

Learning & Personal Development budget

Cycle To Work Scheme

Employee referrals £1000

Monthly social budget

Dog-friendly offices

Nomad Working

Job summary

Yapily Ltd. is seeking an experienced Safeguarding & Treasury Manager to own EMI safeguarding compliance and optimise treasury across the Group.

You will protect customer funds, satisfy regulators, and enhance partnerships with financial partners to unlock yield on operating funds. Expertise in EMI safeguarding (UK) and CASS/EMR/PSR is essential, with a track record of building automated processes and AI-enhanced controls in a fintech environment.

Qualifications

• Significant EMI safeguarding experience with hands-on ownership of reconciliations and incident reporting/management.
• Strong preference for UK EMI experience and familiarity with CASS requirements.
• Deep knowledge of operational requirements for safeguarding funds; able to apply rules without external counsel for day-to-day matters.
• Proven ability to build, own and maintain reconciliation reports independently; design break resolution workflows.
• Experience with wind-down planning, audits, and working with custodian banks.
• Experience in treasury management within fintech/payments; regulated capital and liquidity management; yield optimisation.

Responsibilities

• Perform daily safeguarding reconciliations; ensure funds match safeguarding records and resolve breaks within timeframes.
• Prepare regulatory safeguarding reports to FCA.
• Prepare internal reports to VP of Finance, Safeguarding Committee and Board; improve governance and processes.
• Manage day-to-day relationship with custodian banks; monitor credit limits and escalate issues.
• Own and test Safeguarding Wind-Down Plan; keep it operational.
• Coordinate annual safeguarding external audit; respond to auditors and remediate findings.
• Manage liquidity and capital positions; identify yield-generating strategies for operating funds.
• Diversify placement of customer funds across custodian arrangements and define treasury policy.
• Monitor counterparty credit quality; build treasury dashboard for liquidity, yield, FX risk.
• Report to VP of Finance; cross-functionally partner with EMI support, risk, IT, and wider Finance.

Skills

EMI safeguarding

Regulatory compliance

Treasury management

Multi-currency cash flows

AI tooling automation

Excel/Google Sheets

SQL/Python

BigQuery/Looker

Education

Professional accounting qualification (ACA/ACCA/CIMA/ACT)

Tools

BigQuery/Looker

SQL

Python

Excel

Job description

Who are Yapily

We’re standing at the forefront of a transformative era for financial services...and we act like it. We're curious, hard-working innovators who want to challenge the norm and build what's next.

Why we exist, and where we’re headed:

Our Mission: Redefining how the world interacts with value.

Our Vision: A world without financial friction

Our Purpose: To empower everyone to access and move value.

At Yapily, we’re building a powerful, scalable, and secure open banking infrastructure that redefines how the world interacts with value.

Our open banking platform powers leading companies, such as Adyen, Intuit QuickBooks, and Google. By delivering payment initiation, bank data access, and pre-built products, we enable businesses to innovate fast and push the boundaries of financial technology.

As an early pioneer of open banking, we’re actively shaping the future of this industry with unrivalled expertise and a relentless focus on innovation.

As we expand our regulated entity footprint and product offering, by initiating our UK and Irish/EU Electronic Money Institution (EMI) operations, we are building out the safeguarding and treasury function to meet our regulatory obligations and optimise our commercial obligations.

What we’re looking for

Yapily is seeking an experienced, detail-oriented Safeguarding & Treasury Manager to own end-to-end EMI safeguarding compliance and to optimise the treasury management across the Group. This is a critical hire that bridges regulatory rigour and financial value creation: you will protect customer funds, satisfy the regulators, and simultaneously optimise our partnerships with our financial partners and unlock yield on the company’s operating funds.

You will be a subject matter expert in EMI safeguarding from prior similar roles in EMIs, preferably in the UK. You have detailed operational knowledge of the regulatory requirements in the UK (CASS) and in Ireland/EU (EMR, PSR). You have designed, operationalised and right sized processes to ensure regulatory compliance and treasury optimisation. You lead with a collaborative and fun “can do” mindset. You are solutions focused, designing and operating automated / AI‑enhanced processes.

Responsibilities

EMI Safeguarding

• Perform daily safeguarding reconciliations, ensuring that relevant funds held by Yapily match the safeguarding record and identifying and resolving breaks within required timeframes.
• Prepare all regulatory safeguarding reports to FCA.
• Prepare all internal reporting (to VP of Finance, Safeguarding Committee and the Board); continuously improving our internal governance and processes.
• Manage the day‑to‑day relationship with the custodian banks, including reconciliation queries, credit limit monitoring and escalation of material issues.
• Own, maintain and annually test the Safeguarding Wind‑Down Plan, ensuring it remains operational.
• Serve as the primary internal owner for the annual safeguarding external audit, coordinating evidence requests, responding to auditor queries and remediating findings.

Treasury Optimisation

• Manage the liquidity and capital positions of all group entities, in line with regulatory requirements and optimisation strategies.
• Identify, evaluate and implement yield‑generating strategies for the Group’s operating funds, including money market funds, short‑dated instruments and bank deposit structures.
• Diversify the placement of customer and relevant funds across eligible custodian arrangements in line with regulatory requirements and internal risk appetite.
• Define and document treasury policy, including investment mandates and concentration limits.
• Monitor counterparty credit quality and flag deterioration to senior stakeholders.
• Build and maintain a treasury dashboard, tracking liquidity, yield, counterparty exposure and FX risk.

You will report to the VP of Finance of Yapily.

This role works cross‑functionally, partnering closely with the EMI support and operations, risk, and technology teams, in addition to the wider Finance function.

This list above is not exhaustive, and there may be other tasks that we ask you to be involved in from time to time. Above all, you are flexible and want to add value wherever you can. You understand that in a start‑up, priorities change and we all need to be adaptable. Not only will you be comfortable when asked to input and lead in other areas, but you’ll be comfortable being a self‑starter and instigating changes yourself.

For your new role

You bring the following:

Expertise and skills:

• Regarding Safeguarding: significant relevant experience within an Electronic Money Institution, with direct, hands‑on ownership of safeguarding reconciliations and incident reporting / management.
• Strong preference for candidates with such EMI experience in UK, so you’re familiar with the new CASS requirements.
• Deep, demonstrable knowledge of the operational requirements for safeguarding relevant funds; able to apply the rules without reliance on external counsel for day‑to‑day matters.
• Proven ability to build, own and maintain reconciliation reports independently, including designing break resolution workflows.
• Practical knowledge of resolution/wind‑down planning, managing audits and working directly with custodian banks.
• Regarding Treasury Management: Proven experience in treasury management within a fintech or payments business, including regulated capital and liquidity management, yield optimisation and money market instruments.
• Exposure to multi‑entity treasury structures, having managed treasury operations for both subsidiaries and parent level.
• Expertise in managing multi‑currency cash flows, optimising FX risk mitigation strategies, and overseeing cross‑border funding to support Yapily's expansion in Europe and beyond.
• Advanced financial modelling skills to build robust, scalable cash flow forecasting models that can adapt to a fast‑moving, high‑growth scale‑up environment.
• Technical/analytical skills:
• Professional accounting qualification (ACA, ACCA, CIMA, ACT or equivalent) is a strong advantage but not a requirement.
• Strong analytical skills with high proficiency in Excel / Google Sheets, and experience using ledgers and data/BI tools (Big Query/Looker, SQL, Python). Familiarity with optimising treasury management systems (TSMs) that leverage API‑driven infrastructure for real‑time monitoring.
• Ability and genuine appetite to build on AI tooling to automate reconciliation, reporting and monitoring workflows; this is an active expectation of the role, not a future consideration.

Qualities:

• You understand the importance of attention to detail and ensuring quality outputs. Everything you produce is of high quality.
• You have a can‑do approach. You think on your feet. Switching up tasks and juggling multiple priorities comes naturally to you.
• You understand that your stakeholders will have different strengths. You’re happy to learn from them and to share your expertise.
• You’re commercially minded – you understand how regulatory compliance and effective treasury management can positively impact our products, services and wider business.
• You think outside of the box and are pragmatic. You will bring in and iterate on the experience, skills and knowledge of best practice that you have seen elsewhere. You are always looking for better and cost effective ways to do things.
• You enjoy solving problems. You don’t get flustered easily. You’re comfortable managing your time and can be counted on to skilfully handle issues.
• You are driven and curious. You ask questions and you strive to understand.

Benefits

• 25 days holiday a year (plus bank holidays) in the UK
• We also offer an additional holiday day after 1 year’s service, up to the value of 5 days
• We’re serious about work/life balance and operate hybrid working, giving you the flexibility to work from home, working from our amazing office space or work abroad for up to 30 days per year ‘Nomad Working’
• Comprehensive Private Medical Insurance
• Company Pension Scheme
• Enhanced Paternity and Maternity leave
• £200 annual Learning and Personal Development budget
• Cycle To Work Scheme
• Employee Referral Scheme which offers £1,000 per employee referral
• Monthly social budget
• Daily snacks provided in the office
• Dog friendly offices