Treasury Director

About Zepz

Zepz Group is the group powering leading global remittance brands: WorldRemit and Sendwave. Zepz Group has been disrupting an industry previously dominated by offline legacy players by reducing the barriers to finance and increasing safety and convenience for users. Every day, Zepz Group and its brands work towards unlocking the prosperity of cross-border communities through finance and technology - driven by the vision of a world that celebrates migrants' impact on prosperity, at home and abroad. Zepz served over 9+ million users through its presence in over 4,600 corridors with over 40 send countries and 90 receive countries.

Come join us

Zepz.io
Our Commitments:

• We act like owners - We are relentlessly delivering for our users and spending money thoughtfully.
• We embrace embarrassing honesty - We function best when we're open and honest with one another - especially about our challenges and doubts.
• We have a bias to action - We get to first outcomes quickly, iterate and learn.
• We strive to be better - We may make mistakes, but always learn from them.
• We are inclusive - to better reflect and serve our users.

About the Role

You will lead a global team managing company-wide liquidity and banking infrastructure. You are responsible for developing innovative solutions to manage the working capital requirements of $16bn of customer funds. You will identify and deliver the future state treasury format and onboard banking partners and other funding solutions, in collaboration with the Commercial teams.

As such, you will manage the front office treasury department with responsibilities for the management of banking relationships for the Zepz group, including driving funding operations across our entire payments partner ecosystem. This will include, but will not be limited to; delivering against Treasury department goals; assessing and supporting the development of the products, services, technologies and systems for treasury and oversee all aspects of Zepz's treasury risk exposures including interest rate and foreign currency risk.

Responsibilities:

The key responsibility of this role will be to transition the Treasury department into a 'best in class' function, which will include:

• Recommend and implement improvements to current cash management processes.
• Assist in managing and maintaining company's banking infrastructure, including bank, counterparty and brokerage relationships.
• Lead a cross functional team to develop and implement working capital funding optimisation.
• Identify cost-saving and profit maximizing opportunities related to treasury.
• Understand and manage appropriate procedures and processes around month-end and quarter-close activity.
• Lead discussion with external banking partners to fund working capital and onboard as required.
• Lead and manage the front-office treasury team, with an FTE headcount of 26, globally.
• Ensure compliance with internal controls, policies and procedures in day-to-day conduct and supervision of FX activities.
• Ensure safeguarding of customer funds as per local mandates in each country.
• Assist in preparing and managing annual budgets and forecasts.
• Provide financial analysis to executive management, including critical analysis and recommending strategies to improve performance.
• Train Treasury colleagues on developmental goals.
• Implement active monitoring of counterparty exposure reporting.
• Regulatory reporting for FX transactions (e.g. EMIR), active follow-up on new developments on regulatory requirements and initiation of necessary changes in the treasury management system to support a best in class treasury function.
• Partner with the Finance Technology team to ensure adequate oversight of Treasury systems and trading platform.
• Keep abreast of changes in the industry (products, customers, regulations) and keep informed of global, political, economic, and financial trends likely to have an effect on FX.

What You Bring to the Table:

• Significant experience of leading Treasury Operations, Cash Management, Investments, F/X hedging, Insurance and/or Corporate Finance.
• Direct experience with Emerging Markets, partnership with both global and regional banks and other FX trading partners.
• Demonstrated ability to model, develop and deploy effective currency hedging strategies with interest rate swaps, derivatives or bond exposure.
• Knowledge and experience with traditional payment networks (SWIFT, ACH, RTP) along with funds-in acquiring from credit card and debit card flows.
• Knowledge and experience with capital structuring (Debt and Equity) and letter of credit management.
• Demonstrated ability to articulate and forecast daily cash position, model monthly cash flow and working capital requirements under different economic and operating scenarios.
• Ability to manage global strategic banking partners.
• Proactivity with a deep sense of curiosity and openness to changes and new market trends.
• Excellent communication and presentation skills for communication with internal and external stakeholders, particularly with executive management and board members.
• Be an inspirational leader for the broader Zepz team, influencing the wider business, driving significant positive change and transformation.

What you'll get from us:
Please note that the benefits below will apply to permanent roles.

We have five core benefits for our talent in the US, UK, Philippines, Poland, and South Africa:

• Unlimited Annual Leave: Feel free to make the most of your time off and maintain a healthy work-life balance
• Private Medical Cover: You can opt-in to a Private Medical Insurance scheme. This provides you with access to thorough medical coverage, so you can feel confident in your health and well-being.
• Retirement: We offer pension schemes to help you plan for and secure your future.
• Life Assurance: Life assurance is available to give you peace of mind and protect your loved ones in case of the unexpected.
• Parental Leave: We offer competitive parental leave schemes to ensure you are spending as much quality time with your new bundle of joy as possible.

We are also remote-first as an organisation, offering flexibility for you to work where you need to be most productive. In addition to the above, you will discover that we have a range of secondary perks (such as the cycle-to-work scheme and employee discounts) depending on your location, to help you thrive at Zepz
Why choose Zepz?

• Our team of over 1,000 employees is fully distributed across the world. We are working from coffee shops, homes, and co-working spaces - making us one of the larger fully distributed growth-stage startups in the world.
• We are proud parents, community organizers, farmers, band members, yoga teachers, YouTube influencers, former Olympians, and serial entrepreneurs.
• We collectively speak over twenty languages, including Akuapem, Amharic, Bengali, Ewe, Fante, Ga, Igbo, Kalenjin, Luganda, Oromo, Somali, Swahili, Wolof, Bulgarian, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Irish, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish and Swedish.
• At Zepz, embodying our commitments binds us together. We are collectively passionate about striving to achieve our vision and purpose - to continue to provide the best service to our users.

Ready to Apply?

Applications will be reviewed on a rolling basis. If interested, please submit your resume along with a cover letter (optional), highlighting why your experience demonstrates you meet the requirements of the role. Please also indicate the countries in which you have work authorization.

Confidence can sometimes hold us back from applying for a job. But we'll let you in on a secret: there's no such thing as a 'perfect' candidate. Zepz is a place where everyone can thrive.

So however you identify and whatever background you bring with you, and if at all you might need any form of support to make the process as comfortable as possible, please let us know and give us a shot by applying. We want you to be excited to wake up to make an impact every day.
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