At a Glance
- Tasks: Lead Cardaq's treasury function, ensuring liquidity and cash visibility across international operations.
- Company: Join a dynamic fintech company focused on innovative payment solutions.
- Benefits: Flexible part-time role with competitive compensation and strategic influence.
- Other info: Opportunity to work independently while contributing to international expansion and automation.
- Why this job: Shape the future of treasury in a growing global company and drive impactful financial decisions.
- Qualifications: Proven treasury experience and strong analytical skills required.
The predicted salary is between 90000 - 110000 £ per year.
The Head of Treasury will take ownership of Cardaq’s treasury framework and ensure that the Group maintains appropriate liquidity, cash visibility, banking infrastructure and financial controls across its international operations.
Key Responsibilities
- Lead and oversee Cardaq’s treasury function across the Group.
- Maintain clear daily visibility of cash positions, liquidity and funding requirements across entities, currencies and banking partners.
- Develop and maintain short-, medium- and long-term cash-flow and liquidity forecasts.
- Ensure sufficient liquidity is maintained to meet operational, settlement and financial obligations.
- Oversee multi-currency cash management, including GBP, EUR, USD and other currencies as the Group expands.
- Manage and optimise FX exposures, conversion requirements and associated costs.
- Develop treasury policies, procedures, limits and appropriate internal controls.
- Provide regular treasury reporting and recommendations to the CEO, Head of Finance and senior management.
Banking & Financial Institutions
- Manage treasury relationships with Cardaq’s banks, payment institutions and other financial partners.
- Oversee bank account structures and ensure they remain appropriate for the Group’s operational requirements.
- Support the establishment of new banking and treasury relationships as Cardaq enters additional jurisdictions.
- Review banking, FX and transaction fees and identify opportunities for commercial optimisation.
- Coordinate with banking partners on liquidity, payment execution, account structures and operational requirements.
- Maintain appropriate controls around payment initiation, approvals and access to treasury systems.
Payments & Settlement
- Oversee merchant settlement funding requirements.
- Manage card-scheme and processing-related cash movements.
- Supervise settlement accounts and reconciliation processes.
- Address timing differences between incoming and outgoing settlement flows.
- Handle merchant reserves and other payment-related liquidity requirements.
- Manage cross-border payment flows.
- Oversee funding requirements arising from refunds, chargebacks and other payment obligations.
- Ensure operational liquidity across payment and banking partners.
The objective is to ensure Cardaq can meet its financial and settlement obligations accurately, efficiently and on time.
Liquidity & Financial Risk
- Establish appropriate liquidity thresholds and early-warning indicators.
- Identify potential liquidity concentrations and dependencies on individual banks, currencies or counterparties.
- Monitor FX, counterparty, concentration and settlement risk from a treasury perspective.
- Conduct liquidity stress testing and scenario analysis.
- Develop contingency funding and liquidity arrangements where appropriate.
- Escalate material treasury or liquidity risks promptly to senior management.
- Support Finance and Risk with treasury-related elements of the Group’s wider risk-management framework.
Treasury Controls & Governance
- Maintain strong segregation of duties and approval controls for treasury activities.
- Establish appropriate payment authorisation and treasury approval matrices.
- Ensure accurate reconciliation between treasury records, bank accounts and financial systems.
- Support internal and external audits relating to treasury and cash management.
- Maintain appropriate documentation and evidence supporting treasury decisions and transactions.
- Work closely with Finance, Risk, Compliance and Operations to ensure treasury processes meet applicable regulatory and governance expectations.
Strategic Responsibilities
- Act as a strategic adviser to senior management on treasury matters.
- Support international expansion and establishment of new entities.
- Assist in the selection of banking and payment partners.
- Evaluate new currencies and settlement arrangements.
- Contribute to new payment products and commercial propositions.
- Advise on treasury technology and automation.
- Support group cash-management structures.
- Assist in capital and liquidity planning.
- Evaluate treasury costs and financial efficiency.
Treasury Development & Automation
A particularly important part of the role will be helping Cardaq move towards a more automated, data-driven treasury environment. The Head of Treasury should identify opportunities to improve:
- Cash visibility
- Forecasting
- Reconciliation
- Payment approvals
- FX management
- Liquidity monitoring
- Management reporting
The objective is not simply to operate the existing treasury function, but to help build a scalable treasury infrastructure capable of supporting Cardaq’s international growth.
Part-Time Structure
As this is a senior part-time position, we are looking for someone capable of operating independently and prioritising effectively. The role is therefore particularly suited to an experienced treasury professional who can provide executive-level expertise and oversight without requiring a traditional full-time position. The successful candidate will be expected to remain sufficiently available for critical treasury decisions, banking matters and liquidity issues when required.
Head Of Treasury employer: Cardaq
At Cardaq, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture in the heart of London. Our commitment to employee growth is evident through tailored development programmes and opportunities for advancement, ensuring that our team members thrive both personally and professionally. With a focus on innovation and collaboration, we offer a unique environment where your contributions directly impact our international expansion and financial strategy.
StudySmarter Expert Advice🤫
We think this is how you could land Head Of Treasury
✨Connect with Campus Reps
If you're looking for part-time work in banking, try to connect with your university's career services and campus representatives from banks. They often host recruitment events or provide exclusive job listings, which can give you a leg up in the application process.
✨Get Involved in Financial Societies
Join finance or investment clubs at your university. These societies not only provide fantastic networking opportunities but also often collaborate with financial institutions for internships or part-time roles, making it easier for us to land those positions.
✨Use LinkedIn for Hidden Gems
Keep an eye on LinkedIn for part-time opportunities at banks, specifically targeting roles like customer service or administrative support. Companies like Cardaq often post openings there first, so be on the lookout and don’t forget to engage with their content!
✨Showcase Your Skills Directly
When applying for a part-time role, consider creating a simple portfolio that highlights your finance-related skills or projects. Whether it's a personal finance blog, a financial analysis you've done, or any relevant coursework, having this ready can impress hiring managers at Cardaq.
We think you need these skills to ace Head Of Treasury
Some tips for your application 🫡
Show Off Your Numbers Game:In the banking and financial services world, it's all about numbers. Highlight any relevant coursework, grades, or certifications, like AAT or CFA, on your CV. If you can point to specific projects or tasks where you managed finances or analysed data, that's a big plus!
Tailor Your Cover Letter to Us:When writing your cover letter, don’t just reiterate your CV. Tell us why you want to work at Cardaq and how this part-time role fits into your career goals. Map your skills and experiences directly to the job spec, and don’t forget to weave in any technical skills you have, like experience with financial software!
Marry Experience with Availability:Since this is part-time, it’s super important to state your availability clearly in your application. Highlight any previous work experience, even if it's not directly in finance, that shows your reliability and ability to juggle various commitments. Flexibility can be a real asset!
Keep It Professional Yet Personal:While you want to keep a professional tone, don’t be afraid to inject a bit of your personality into your application. Especially for a part-time role, we’re looking for someone who's not just skilled but also a good fit for the team at Cardaq. A little light-heartedness can go a long way!
How to prepare for a job interview at Cardaq
✨Brush Up on Your Numbers
For a role in banking and financial services, you’ll likely encounter numerical tests that gauge your analytical skills. So, let’s whip out those maths skills! Practise mental arithmetic and get comfy with basic financial concepts; this'll really help you shine during the assessment stages.
✨Know Your Financial Products
Knowing your stuff about the various financial products and services is crucial. Be prepared to discuss topics like loans, mortgages, investment funds, and credit options. Having a finger on the pulse of current market trends and economic events can also give you an edge—the interviewers will appreciate your insight!
✨Flexibility and Commitment are Key
Since you're aiming for a part-time position, emphasise your flexibility and willingness to commit your time effectively. Highlight your ability to balance studies or other commitments while delivering results at work. This kind of attitude can set you apart from the competition.
✨Showcase Your Portfolio of Experience
Even though it’s a part-time role, companies want to see your motivation and past experience. Bring examples of relevant projects or roles, including internships or coursework that demonstrate your understanding and passion for banking and finance. The more tangible your examples, the more convincing you’ll be!
