Assistant Vice President - Treasury

Summary

Join Xapo Bank as an Assistant Vice President - Treasury and become a pivotal member of our fully distributed, global team. Work remotely from anywhere in the world while overseeing and optimizing our cash and banking processes. Your expertise in liquidity management and cash management will be crucial in maintaining our financial health. This is a full-time, 100% remote position requiring 5-10 years of experience in fintech or a similar environment, along with specific qualifications and skills in areas such as crypto, financial analysis, and risk management. We offer a flexible PTO plan, a yearly budget for professional development, and a commitment to a great work-life balance.

Requirements

• 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
• Strong understanding of financial principles, cash management, and treasury operations
• Understanding of banking and crypto rails along with expertise in transaction execution on both Fiat and Crypto side
• Excellent quantitative and analytical abilities to interpret financial data and make data-driven decisions
• Experience in optimising liquidity, managing working capital, and investing surplus funds
• Ability to build and maintain positive relationships with banks and financial institutions
• Skilled in conducting financial analysis and providing strategic insights
• Knowledge of cash-related risks and experience in developing risk mitigation strategies
• Strong verbal and written communication skills to report and present financial information effectively
• A high level of attention to detail and accuracy in financial calculations and reporting
• A self-starter
• 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

• 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
• 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
• 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)
• 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
• Develop and enforce cash management policies and procedures to safeguard company assets and maintain compliance with internal controls and regulations
• Participate in special projects related to cash management and treasury

Benefits

• Work 100% remotely from anywhere in the world
• Set your own work schedule and make use of a flexible PTO plan when you need to recharge
• Learn how you learn best - from books to conferences, you’ll get a yearly budget for your individual learning and development goals