Treasury Manager

About the role.

With over 5 million active customers and over £2bn in annual funded volume, supported by multiple debt facilities, Treasury is a critical driver of Zilch’s success—providing the liquidity, risk management, and reporting capability that underpin the Group’s operations and growth.

Reporting to the Capital Markets Manager, you will be responsible for the end-to-end Treasury Function at Zilch and will manage a team of two Treasury Analysts. This role is suited to someone who thrives in a fast-paced, dynamic environment and who takes ownership of ensuring that cash, liquidity, and funding operations run smoothly and reliably.

As Zilch accelerates its growth ambitions through new products and funding initiatives, the Treasury Manager will play a key role in supporting the Group to achieve these strategic objectives.

Day to day responsibilities.

Treasury Operations & Controls

• Oversee the reconciliation of issuing, acquiring, and card scheme cashflows across internal and external data sources.
• Treasury Analysts will operate the 7-day Visa scheme settlement process but as Treasury Manager, you’ll be on-hand to provide oversight and manage contingencies.
• Maintain strong oversight of the daily liquidity position and ensure cash is managed in line with Group requirements.
• Refine and maintain treasury processes, with a strong focus on controls, documentation, auditability, and reporting accuracy.

Data, Reporting & Analytics

• Work closely with Financial Reporting, FP&A, and Strategic Finance to align liquidity requirements with the Group’s forecasts, and provide data and insights that help drive the right decisions.
• Collaborate with the Finance Data team to enhance the accuracy, automation, and timeliness of treasury-related data flows.
• Oversee the preparation and review of daily reporting outputs to senior stakeholders, ensuring insight and accuracy.
• Assist with downstream processes and reporting across the wider Finance team, providing relevant analysis where required.

Debt Facility & Capital Markets Support

• Provide oversight and review of debt facility reporting, contractual notices, and covenant compliance for lenders.
• Support the Capital Markets Manager on new initiatives, including system or process enhancements and the integration of changes into BAU operations.
• Lead the quarterly Agreed-Upon Procedures (AUP) external audit for the Group’s securitisation debt facility.

Systems, Banking & Administration

• Manage the Treasury Management System (TMS), including system administration, enhancements, and user access.
• Oversee the administration and control of bank accounts, banking platforms, FX brokers, and other payment infrastructure.

What we're looking for...

• Experience managing or supporting securitisation debt facilities, including covenant reporting, lender deliverables, and audit requirements.
• Strong understanding of payment flows, particularly issuing, acquiring, and scheme settlement processes.
• Competency in FX risk management, with experience in controls frameworks and hedging instruments.
• Experience leading Treasury operations in a high-growth or fast-paced environment.
• Strong analytical mindset with the ability to interpret complex data flows and identify issues quickly.
• Excellent communication skills, with confidence dealing with senior stakeholders and external lenders.
• Proven ability to manage, mentor, and develop a small team.

Bonus skills.

• Experience of using Atlar, or similar Treasury Management Systems
• Experience of using Netsuite, or similar general ledger systems
• Experience in using Visa Pre-funding Solutions (VPS), or similar pre-funding collateral scheme solutions (Mastercard/Visa).