Diversity is at the heart of who we are at Xapo Bank.
We’re a fully distributed team of over 160 Xapiens that work remotely from 50+ 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.
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.
Although we are headquartered in Gibraltar, this is a full time, 100% remote position
Work from anywhere!
As the Treasury Manager 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.
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.
- Must have at least 5-10 years experience in a fintech or equivalent environment.
- CFA or CIMA or similar qualification.
- 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 is nice to have.
- 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 dedicated workspace.
- A reliable internet connection with the fastest speed possible in your area.
- Alignment with Our Values and the Xapo Values-Driven Leadership principles.
Impact Globally, Work Remotely.
Shape the Future
Improve lives through cutting-edge technology, work 100% remotely from anywhere in the world.Great work-life balance
Build amazing things with a balance of autonomy and collaborative teamwork. Set your own work schedule and make use of a flexible PTO plan when you need to recharge.Expect Excellence
Collaborate, learn, and grow with a high-performance team. Learn how you learn best - from books to conferences, you’ll get a yearly budget for your individual learning and development goals.
At Xapo, we prioritize consumer protection and adhere to regulatory requirements by ensuring that all Xapiens are accountable for upholding principles of fair treatment, transparency, and ethical conduct in their interactions with customers and stakeholders.
Skills Required
- 5-10 years experience in a fintech or equivalent environment
- CFA or CIMA or similar professional qualification
- Crypto experience with understanding of crypto rails and transaction execution
- Experience in liquidity and cash management, working capital optimisation, and investing surplus funds
- Experience managing bank relationships and negotiating banking terms and fees
- Experience supporting treasury regulatory requirements (e.g., ICAAP, ILAAP)
- Ability to build spreadsheets, monitoring tools, and reports from scratch
- Risk management experience including FX and interest rate risk and managing financial limits
- Strong quantitative and analytical skills for financial analysis and decision making
- Strong verbal and written communication skills
- Dedicated workspace and reliable high-speed internet connection
- Alignment with company values and values-driven leadership principles
What We Do
Xapo Bank is the first Bitcoin-enabled bank in the world to fully integrate traditional finance with crypto. Our members can benefit from the safety of a US Dollar bank account and the flexibility of blockchain payments, all in one powerful app. They can secure and grow their wealth in their Xapo Bank account with 4.1% annual interest on their USD deposits and 1% on their Bitcoin holdings, both paid out daily*. On top of that, they can enjoy seamless, fast, and low-cost transactions through international payment networks and blockchain rails. Our mission is to provide our members with the best crypto-native banking experience that is secure, accessible and flexible. Because we believe that financial security is a right, not a privilege, and should be within reach of every individual. Genuine Xapo Bank job openings will always be posted on our Careers page (www.xapo.com/careers). Although we work with third-party recruiters, invitations to interview for a role at Xapo Bank and any eventual job offers will only ever be communicated using a @xapo.com email address. If you are unsure, please reach out to us via email at [email protected]. *Interest rates may vary and can be paid in any supported currency
