At a Glance
- Tasks: Own COGS P&L, partner with teams to improve margins and drive efficiencies.
- Company: Join Trustly, a leader in Open Banking Payments, transforming the payment experience.
- Benefits: 25 days holiday, team outings, parental leave support, and wellbeing perks.
- Other info: Dynamic environment with opportunities for ownership and impactful change.
- Why this job: Shape the future of payments while collaborating with top minds in FinTech.
- Qualifications: 5+ years in finance, strong analytical skills, and stakeholder management experience.
The predicted salary is between 60750 - 74250 £ per year.
At Trustly, we're building a smarter, faster and more secure financial future by revolutionising the world of payments. As a global leader in Open Banking Payments, we are establishing Pay by Bank as the new standard at checkout, providing unparalleled freedom, speed and ease to millions of consumers and merchants worldwide.
This is an opportunity for an experienced finance business partner to join our Commercial Finance team, based in our London office. You will own the COGS profit and loss line (bank fees and hosting costs) and the unit economics across the cost base, partnering closely with Banking, Infrastructure and Engineering to control and improve margins. You will lead monthly performance commentary and the annual planning process for the cost base, working closely with Accounting and the wider business.
Key Responsibilities:
- COGS & Unit Economics: Own the COGS P&L line end to end (bank fees and hosting costs) and the unit economics across the cost base, including cost per transaction, feeding into merchant pricing models and investment cases.
- Banking Partnerships: Partner with the VP Banking Relationships on banking partnerships, driving down banking costs and identifying bank routing efficiencies, including modelling the aggregator versus direct integration breakeven.
- Cloud Economics: Partner with the VP Infrastructure on cloud cost analysis, ensuring infrastructure spend scales efficiently with usage.
- Engineering Partnership: Partner with the VP Engineering on capacity allocation and capitalised development project decisions, day to day rather than at a distance.
- Performance Commentary: Own monthly performance commentary on COGS, working with Accounting to confirm reported numbers are accurate and with the business to understand what is driving the trajectory.
- Annual Planning: Lead the annual planning process for the cost base, including banking negotiation support, bank routing efficiencies and cloud or hosting optimisation as key initiatives, then support the business through the year to track performance against plan and course correct.
- Investment Decision Support: Build business cases for high impact initiatives, which could include new products, regulatory permission changes in key markets, particularly in Europe, and support new product development with ad hoc financial analysis.
Qualifications:
- 5+ years of experience in FP&A, commercial finance or a similar finance business partnering role;
- Strong stakeholder management experience, comfortable partnering with finance and non-finance teams, including engineering, banking and infrastructure partners;
- Strong analytical capability, with experience building financial models and business cases;
- Proficiency in Excel or Google Sheets for modelling and analysis;
- Experience improving processes and ways of working, including bringing automation into finance reporting or planning, is a plus.
At Trustly, you will have the chance to solve meaningful challenges alongside some of the brightest minds in FinTech. Together, we are shaping the future of payments in an environment that celebrates curiosity, collaboration and innovation. Our team is as diverse as the global footprint we serve. At Trustly, we foster a workplace where everyone feels they belong, a place where teamwork thrives, ideas flourish and we never forget to have fun along the way. We are proud and committed to being an Equal Opportunity Employer and believe an open and inclusive environment enables people to do their best work.
Our Fantastic Benefits:
- 25 days of holiday to support a healthy work-life balance;
- Monthly team outing allowance to enjoy social events with your colleagues;
- Parental leave top up, additional support for new parents;
- Daily breakfast and on-site perks to make your workday smoother;
- Wellbeing support, our health allowance covers gym memberships, massages and much more to help you feel your best;
- PLUS additional benefits designed to enhance your work-life experience!
Join a dynamic environment where you can take ownership, drive change and continuously embrace new challenges. We're looking for dedicated and highly motivated individuals who thrive in a fast-paced environment and enjoy collaborating across different areas of the organisation.
Senior Finance Business Partner employer: Risk Hub
Risk Hub is an attractive employer due to its commitment to professional development and a collaborative work culture. Employees have the opportunity to engage in innovative projects that significantly impact the financial services industry. The company's focus on risk management ensures a stable and dynamic work environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Finance Business Partner
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Risk Hub. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Finance Business Partner
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Risk Hub.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Risk Hub's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Risk Hub
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Risk Hub.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Risk Hub will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Risk Hub employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
