Head of Treasury

Reposted 25 Days Ago
Be an Early Applicant
Hiring Remotely in Paris, Île-de-France, FRA
In-Office or Remote
Senior level
Fintech • Payments • Financial Services
The Role
Lead and grow Luo's treasury team and infrastructure to manage cross-border money movement across African corridors. Oversee liquidity, cash positioning, FX exposure, banking relationships, partner onboarding, controls, reporting, and regulatory compliance. Optimize FX execution and work cross-functionally with compliance, operations, and product to ensure robust, scalable, and license-compliant treasury operations.
Summary Generated by Built In

About Luo

Luo is one of the fastest-growing FX and cross-border payments companies in Africa. We help African businesses pay their international suppliers faster, more transparently, and more competitively than traditional solutions.

After becoming a leading player in West and Central Africa in record time, we are now scaling our treasury infrastructure to match the complexity, volume, and regulatory requirements of our operations across the continent.

Role Overview

As Head of Treasury, you will lead the team and the infrastructure that powers how Luo moves money across Africa.

A treasury team is already in place. Your job is to manage and develop it, while making our treasury infrastructure increasingly robust. To handle growing volumes, harder corridors, and the regulatory demands tied to our licenses.

Key Responsibilities

  • Lead and develop the existing treasury team: set standards, build capabilities, and drive performance.

  • Strengthen and scale Luo's treasury infrastructure to support growing volumes and increasing regulatory requirements tied to our licenses.

  • Manage complex treasury operations across hard-to-navigate African corridors, ensuring funds move on time, every time.

  • Oversee liquidity management, cash positioning, FX exposure, and fund flows across multiple markets.

  • Own and deepen relationships with existing banking partners.

  • Source and onboard new banking partners, improve pricing, and add redundancy.

  • Design and implement treasury processes, controls, and reporting that meet both operational needs and license obligations.

  • Optimize FX execution and manage currency risk across multiple positions.

  • Work closely with compliance, operations, and product teams to ensure treasury is aligned with business needs and regulatory requirements.

What We're Looking For

  • Significant experience in treasury, FX, or payments operations. Ideally in Africa or other emerging markets.

  • Proven experience managing and developing a team.

  • Deep understanding of how money actually moves in hard markets: correspondent banking, nostro/vostro accounts, capital controls, central bank requirements.

  • Experience building treasury infrastructure that meets regulatory and licensing standards.

  • Proven track record of managing banking relationships and negotiating terms with financial institutions.

  • Strong analytical skills and attention to detail. You manage positions and exposures with precision.

  • Strategic thinker who can also execute. You design the systems and you make sure they run.

Skills Required

  • Significant experience in treasury, FX, or payments operations
  • Proven experience managing and developing a team
  • Deep understanding of correspondent banking, nostro/vostro, capital controls, and central bank requirements
  • Experience building treasury infrastructure that meets regulatory and licensing standards
  • Proven track record managing banking relationships and negotiating with financial institutions
  • Strong analytical skills and attention to detail for managing positions and exposures
  • Ability to design and implement treasury processes, controls, and reporting
  • Experience in Africa or other emerging markets
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The Company
Year Founded: 2024

What We Do

Luo is a fast-growing cross-border payments company specializing in the African market. It provides a digital platform that enables African businesses, particularly in West and Central Africa, to make international payments to suppliers in foreign currencies like USD and EUR more efficiently and competitively than traditional solutions. The company offers services including currency exchange and working-capital financing via a mobile application.

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