Senior Treasury Manager

We are looking for a Senior Treasury Manager to build and run Finom's treasury function.

Finom safeguards a significant book of customer funds across its regulated entities. Net interest income on that book is a meaningful revenue line, and it will grow. Today the function is up and running: the money is placed, the investment policy is in place, and a large part of the book sits with an external asset manager. What we are building now is the machinery around it - an evidenced limit framework, look-through into what our managers actually hold, automated investment accounting, and a reconciled NII number we can defend to an auditor and a regulator.

That is the job. You will take part in building it, and you will run it while it is being built.

This is a hands-on role at the intersection of regulation, liquidity, and commercial impact - not a back-office position. It suits someone who has done this before in a regulated environment and wants to do it again without four layers of committee above them.

What you'll own

Liquidity and funding

• Daily liquidity positioning and float management across entities and accounts
• Intraday funding of payment channels; nostro and correspondent account management
• Collateral and minimum-balance obligations across card schemes, T2, and credit providers
• Contingency funding - the playbook for the day we need €20m by tomorrow morning
• A daily treasury balance sheet - net liquidity and net capital available - that reconciles

Safeguarding and portfolio

• Portfolio management of safeguarded client funds: term deposits, MMFs, short-dated debt, held directly and via external managers
• Safeguarding adequacy: shortfall detection, top-up execution, same-currency discipline
• Instrument eligibility screening under CRR risk-weight, maturity and WAL constraints, and UCITS/MMF rules
• Independent, evidenced validation that externally managed allocations sit inside mandate - position-level look-through, daily monitoring of concentration, maturity, WAL and credit quality, breach escalation
• NII forecasting, attribution, and reconciled performance reporting; treasury inputs into the financial model and company forecast

Governance and controls

• Ownership of the investment policy, limit framework, and eligible-instrument register
• Treasury governance: decision pack, agenda, decision log, and delegated-authority register
• Pre-deal checks and post-trade evidencing, designed so that the first line executes and the second line challenges
• Covenant tracking across credit facilities
• Regulator, external audit, and second-line engagement on treasury and safeguarding matters

Systems and data

• Selection and implementation of investment accounting and treasury tooling - a Clearwater/Advent-class implementation is already in flight and will be yours
• Custodian, asset-manager and bank data feeds; API connectivity where it exists and pragmatic alternatives where it doesn't
• Replacing manual spreadsheet processes with something that survives your holiday

Commercial

• Bank, custodian, broker and asset-manager relationships: onboarding, commercial terms, mandate setting, service review
• Challenging our managers on allocation, transparency and fees - and changing them if the answers are weak

What good looks like in the first 12 months

• Investment policy and limit framework live, with treasury governance running on a documented decision log
• Daily, evidenced mandate compliance across the full book - we can answer "are we inside the boundaries?" in minutes, not weeks
• Investment accounting platform implemented; monthly close on the portfolio no longer manual
• An NII number that is reconciled, attributed, and forecastable
• A contingency liquidity playbook that has been tested rather than written

Who you are

• 5+ years in treasury, ALM, fixed income, or portfolio management at a regulated financial institution, EMI/PI, or asset manager
• Direct experience with client money or safeguarding under PSD2 / EMD - core to this role, not adjacent to it
• Experience building or materially rebuilding a treasury function, not only operating inside an established one
• Strong command of bond math, yield and duration, MMF mechanics, and credit and concentration risk at instrument level
• Track record of automating manual treasury processes and implementing treasury or investment accounting systems
• Comfortable working with position-level data directly - you can interrogate a portfolio file rather than wait for a report
• Experience with regulators, external audit, and external asset managers (mandate setting, IMA terms, performance challenge)
• Sound judgement under time pressure in a lean environment with real accountability and limited cover
• Strong Excel skills
• Fluent English

Nice to have

• Familiarity with IFRS 9 or Dutch GAAP (RJ 290) financial instrument accounting
• SQL or Python
• Experience in a firm transitioning toward a banking licence
• Experience using AI tools (e.g. LLMs, copilots) to accelerate analytical and reporting workflows