Treasury Operations Manager

ABOUT TIDE

At Tide we help SMEs save time (and money) in the running of their businesses by not only offering business accounts and related banking services, but also a comprehensive set of highly usable and connected administrative solutions from invoicing to accounting.

Tide is transforming the small business banking market with over 1.8 million members globally across the UK, India, Germany and France.

Using advanced technology, all solutions are designed with SMEs in mind. With quick onboarding, low fees and innovative features, we thrive on making data-driven decisions to serve our mission: to help SMEs save both time (and money) so they can get back to doing what they love.

Tide facts

Tide is available for UK, Indian, German and French SMEs

Over 1.8 million members: 800,000 UK and 1,000,000 in India and growing rapidly

Over $300 million raised in funding

Over 2,500 Tideans globally - we’re diversity champions!

We have offices in Central London, with a member support and technology centre in Sofia, Bulgaria, technology centres in Serbia, Romania, Lithuania and Hyderabad and offices in Gurugram and New Delhi, and in Berlin, Paris and Luxembourg.

ABOUT THE TEAM

The Treasury team acts as 1st LoD and is at the forefront of driving financial excellence and supporting strategic growth. The Treasury team mission is to optimise the company's financial resources and investment, manage financial risks, ensure robust liquidity and effective cash management and comprehensive treasury operations.

Moreover the team collaborates closely with the product and business team to align financial strategies with business objectives. By contributing to impactful financial decisions, the Treasury team aims to enable sustainable success and growth.

ABOUT THE ROLE

As a Treasury Operations Manager, you will play a crucial role in the team to maintain our financial health, ensure efficient treasury operations, and drive our growth. As the first hire in our Bulgaria Treasury Operations team, you will play a pivotal role in our EU expansion. Your responsibilities will include:

Cash & Liquidity management

Manage and monitor wholesale credit limits to ensure adequate liquidity for operations minimising counterparty risk.

Carry out short term cash flow forecasting and actuals variance analysis across Group accounts

Collaborate with counterparts on implementation of a Treasury Management System including documenting requirements, design and testing

Evaluate capital requirements, manage FX and optimize returns for short term investments.

Managing relationships with partner banks

Partner with internal and external stakeholders on the Know Your Customer (KYC) and account management processes.

Ensure all banking relationships comply with regulatory requirements and internal policies.

Payments/transfers execution and collateral management

Manage payment and transfer activities.

Ensure accuracy, timeliness, and compliance with relevant policies.

Manage collateral requirements, including monitoring collateral positions.

Setup and maintain policies, processes, and procedures

Identify and implement improvements to ensure efficient processes for Treasury Operations.

Update procedural documentation where required in line with changing regulations and business needs

WHAT WE ARE LOOKING FOR

Tide is seeking an experienced and motivated Senior Treasury Operations Analyst. The ideal candidate will have:

Minimum of 6 years of experience with Treasury Operations and Cash Management

Prior experience in financial services – preferably in payments, technology-driven & scale-up environments

Knowledge of cash-flow forecasting, flow of funds and payment systems

Proven ability to manage both BAU and complex projects/initiatives

Self-starter, strong attention to detail and extreme ownership mentality

Extremely comfortable working with ambiguity

Experience mitigating operational risk

Experience with Cash Management systems

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