Treasury Operations Lead

We're looking for a highly proactive, enthusiastic and driven Treasury Ops Lead to work within our Financial control team, helping us to build a world-class finance function. This role would be well suited to someone experienced in leading Treasury back office teams within a banking environment. You'll help scale Monzo in a controlled way, optimise our financial control processes with the help of technology, and report to the overall squad lead of the Treasury Operations and Product Control teams. You'll play a key role by…

• Leading our Treasury Operations team on a daily basis.
• Working closely with Treasury Product Control and Treasury front office teams as we continue to maintain and build out our Treasury function.
• Establishing best practice processes and controls for Treasury operations, which are scalable in line with our growth plans.
• Developing new and maintaining existing internal controls that protect our financial data, enhance robustness of treasury settlement processes and support a clean balance sheet substantiation for Treasury accounts from a back office perspective.
• Working closely with 2LoD and 3LoD on enhancing and driving visible improvements within the internal control landscape.
• Overseeing daily transaction processes for all Treasury products from a back office perspective, including new deal confirmations and settlements.
• Ensuring all Treasury transactions are validated and processed, including confirmations, payments, receipts, and foreign exchange deals.
• Overseeing the trade lifecycle management for all treasury transactions and following up with custodians and counterparties to ensure settlements complete as contractually agreed.
• Managing daily margin call confirmations and cash settlements across swaps, REPO and FX derivatives, as per agreements with counterparties.
• Maintaining and updating static data within the TMS accurately and efficiently.
• Generating regular and ad-hoc reports on cash forecasting positions, transaction volumes, and other relevant metrics, including bank reconciliations to key stakeholders.
• Supporting year-end processes by working with external auditors and the Financial Reporting squad.
• Reviewing new Treasury products, assessing and documenting the impact on back office settlement processes to achieve optimal outcomes.
• Preparing monthly management and ad-hoc reports with meaningful analysis of movements.
• Resolving inquiries and supporting the Finance team with forecasting, valuations, bank transfers and new system implementations.
• Working with engineers and data teams to automate production elements of the role, allowing focus on high-value activities.
• Learning SQL skills to run reports and propose solutions that make processes efficient and scalable.
  You have experience in leading treasury back office teams (preferably in a banking environment).
• You have a track record in motivating and developing people.
• You're fascinated by the banking and regulatory landscape, with a good understanding of key internal financial controls.
• You're a self-starter who can tackle what needs doing, whether it's making a bank transfer or pulling together reports for investors.
• You're able to translate complex information into simple language for diverse audiences.
• You're interested in using data (SQL skills would be a bonus).
• You're thriving in a dynamic and evolving environment.
  This role can be based in our London office, but we're open to distributed working within the UK with occasional London meetings.
• Flexible working hours and trust to work the right hours for you and your team.
• £1,000 learning budget each year for books, training courses and conferences.
• Support for remote work setup, including Macbooks and additional home-working assistance if fully remote.
• Plus lots more. Read our full list of benefits.