Assistant Vice President - Treasury

at  Xapo Bank

WORK FROM ANYWHERE, IMPACT EVERYWHERE

Diversity is at the heart of who we are at Xapo Bank. We’re a fully distributed team of over 140 Xapiens that work remotely from 40+ countries around the world.
Our beginning: A world that enjoys economic freedom and wealth protection, no matter where you live or who is running your country. This is the dream that drove Wences Casares, our Founder and Chairman, to quietly transform the world of banking.
To achieve that, we search the world for the best people for the job. We work hard, think globally, and inspire each other to learn and grow. We are committed to changing the way things are done.

POSITION OVERVIEW

As Assistant Vice President - Treasury at Xapo Bank, you will be a pivotal member of our Treasury team responsible for overseeing and optimising our cash and banking processes. Your expertise in liquidity management and cash management will play a crucial role in maintaining the financial health of our organisation. If you are a detail-oriented finance professional with a passion for maximising cash efficiency, we invite you to join our team.

MUST HAVE AT LEAST 5-10 YEARS EXPERIENCE IN A FINTECH OR EQUIVALENT ENVIRONMENT.

• CFA or CIMA or similar qualification.
• Must have Crypto experience.
• Ability to build spreadsheets and monitoring tools and reports from scratch.
• Financial Expertise: Strong understanding of financial principles, cash management, and treasury operations.
• Cash and Crypto Execution - Understanding of banking and crypto rails along with expertise in transaction execution on both Fiat and Crypto side
• Analytical Skills: Excellent quantitative and analytical abilities to interpret financial data and make data-driven decisions.
• Liquidity Management: Experience in optimising liquidity, managing working capital, and investing surplus funds.
• Bank Relationship Management: Ability to build and maintain positive relationships with banks and financial institutions.
• Financial Analysis: Skilled in conducting financial analysis and providing strategic insights.
• Risk Management: Knowledge of cash-related risks and experience in developing risk mitigation strategies.
• Communication: Strong verbal and written communication skills to report and present financial information effectively.
• Attention to Detail: A high level of attention to detail and accuracy in financial calculations and reporting.
• A self-starter

OTHER REQUIREMENTS:

• A dedicated workspace.
• A reliable internet connection with the fastest speed possible in your area.
• Devices and other essential equipment that meet minimal technical specifications.
• Alignment with Our Values and the Xapo Values-Driven Leadership principles.

RESPONSIBILITIES:

• Liquidity Management : Monitor daily cash positions, optimise cash balances, and invest surplus funds to maximise returns while maintaining liquidity. Minimise idle cash and reduce borrowing costs.
• Leading the cash execution for the Treasury and Investment related flows.
• Risk Management: Identify and mitigate cash-related risks, including currency exchange rate fluctuations and interest rate risk. Develop risk management strategies to protect company finances. Manage various Financial Limits within the agreed Group Risk Appetite
• Bank Relationship Management: Support relationships with financial institutions, negotiate banking terms and fees, and stay informed about banking services that can benefit the company.
• Supporting the delivery of various Treasury Regulatory Requirements for the Bank (e.g. ICAAP, ILAAP)
• Treasury Reporting : Owning and developing Treasury Management Information capturing the daily cash positions along with key treasury P&L. Supporting other regular MI requests for senior committees such as the Risk Management Committee and others.
• Cash Management Policies: Develop and enforce cash management policies and procedures to safeguard company assets and maintain compliance with internal controls and regulations.
• Ad Hoc Projects: Participate in special projects related to cash management and treasury.