Treasury Operations Lead

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Overview

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.

Qualifications and attributes

• 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 thrive in a dynamic and evolving environment.

Not ticking every box? That’s totally okay! We’re committed to diversity and encouraging applications even if you don’t meet every requirement yet.

What’s In It For You

• 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.

Application process

• Recruiter Conversation
• Initial interview with the Hiring Manager
• Two-stage formal interview loop (role-specific and behavioural)

This process should take around 3 weeks. You’ll hear from us throughout the process. If you have questions, contact We’ll accommodate requests related to disability, neurodiversity, or other needs.

Equal opportunities

Diversity and inclusion are a priority. We’re an equal opportunity employer and consider applicants regardless of age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran status, or disability status. If you have a preferred name, please use it to apply.

Locations and status

Islington, London and Cardiff areas; role posted as live. Islington/London area roles may appear with varying posting times.

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