Senior Treasury Manager (w/ FX Trading Experience)

Key Information

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Role: Senior Treasury Manager (w/ FX Trading Exp)

Reports Into: COO

Compensation: Competitive local rates and significant equity. We are more than happy to discuss any offer on a case by case basis depending on experience and interview performance.

Location: We are a fully remote team distributed +/- 3hrs from London. We are able to hire from anywhere within these timezones.

Accessibility and Inclusion: We want every interview to be as comfortable so you can focus on showing us as much of you as possible. Our interviews are typically conducted via Zoom. If there are adjustments we can make to assist you in the hiring process, please do let us know in the application.

The Role

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We are looking for a passionate and creative Senior Treasury Manager who is experienced in international cash management and emerging market FX markets but also excited to build a next generation of FX systems. For us, Treasury is at the very core of what we do. This role enables customers payments and allows us to deliver on our USPs of being reliable and cheaper than our competitors. On one level, this role keeps NALA alive by understanding and controlling FX risk but we would also like you to keep another eye on the long term, thinking about playbooks for new market entries and ultimately launching into every marketing in Africa! As an early senior employee you will also be a leader in the company and help drive the wider NALA culture as we grow and scale.

Within the next year, we expect you will start to own the following tasks:

• Be responsible for the strategy and execution of NALA’s cash management program by planning and distributing our user’s money where it needs to be at the right time.
• Optimise NALA’s funding processes through FX trading. This will include building relationship with our partners, negotiating and executing trades with the best possible rates today but also in the long term.
• Create a world class funding and FX system for cross currency movements.
• Manage existing funding channels and explore new funding channels to reduce net cost of funding e.g. debt facilities or credit lines
• Building and maintaining short and medium term cash flow forecasts for operational funds flows.
• Collaborating on NALA's pricing strategy, market analysis, working with partner banks to ensure that the cash funding program is strategically aligned with the business.
• Develop a repeatable playbook which NALA can use to launch in new markets.

Tech Stack and Existing Resources

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• We have banking partners all across the globe that we use for cash management including Citi Bank and a range of local banking partners across east, west, and south Africa.
• Cash Management is currently using spreadsheets and internal systems, but we would love for you to help us migrate and design a more scalable system. We are open to both vendor solutions but ultimately we would love to build a proprietary in house solution

Is this you?

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We know that finding a job can be stressful. It can be really hard to tick all the boxes for any job description however we encourage you to apply even if you cannot tick every single box. Here is what we are looking for:

• 5+ years experience in a financial institution, investment bank, financial advisory or fintech firm (preferably within a Treasury function)
• Understanding of liquidity and capital regulations and risk management frameworks
• Experience in implementing FX hedging strategies, managing debt instruments and optimising intercompany funds flow
• Solid understanding of global financial markets, products, and key Treasury concepts with some knowledge and experience of their application in emerging African markets.
• Experience managing relationships with a network of local banks to support our funding requirements
• Experience managing client money requirements across the various countries that we operate in
• You have experience working asynchronously with global teams using tools like Slack/Teams/Jira as well as other modern communication systems
• You are passionate about either our product and the mission that we are on
• You are are fluent in written and spoken English

These are some nice to haves that would really get our attention:

• Experience working in fintech
• Experience working in emerging markets
• Experience of working in a start-up environment
• Experience in working treasury management functions
• Experience in derivatives structuring

Benefits

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• We are fully remote! You can work wherever you like so long as you can work within 3 hours of London time
• We do 2 company trips per year (sometimes more! 👀) Check out our last trip to Zanzibar in Dec 2021 🌴🏖😎
• Everyone in any region can expense up to $1000 equivalent a year to support themselves on personal development. This can include books, conferences, courses etc - anything to help you do your job better or help you grow your career.
• We offer 35 days holiday inclusive of any Public Holidays that exist in your country.
• We provide computer equipment for everyone

Interview Process

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Stage 0: Application Review

We fully recognise that interviewing is a time intensive thing and we are not in the business of wasting anyone's time. We have a super simple application process which requires just a CV, 3 application questions and an optional cover letter. We will predominantly use the CV and application questions to determine if you have the skills and motivation to work at NALA. If you would like add any other information that you think will be important, please feel free to use the cover letter to highlight this.

Stage 1: Talent Interview

This will be a 30min conversation with our Talent Team where we want to learn more about you and your experience. We will dig deeper into the responsibilities that you have held in the past, especially those relevant to these roles.

Stage 2: Technical Interview

This will be a 1hr interview with our COO and an external treasury expert. In this interview we want to delve deeper into your technical accounting knowledge and experience.

Stage 3: Leadership Interview

This will be a 30min conversation with our CEO. NALA is uniquely an African company with a global team and we are passionate about building a culture that aligns with this vision. In this interview we would love to learn more about your passions in life and how a role at NALA can help on your own career journey.

Our Mission

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We are on a mission to increase economic activity on the African continent and for its diaspora around the world. By creating community powered financial solutions, we make it easier to make day to day payments and do business in an increasingly global Africa. #BuildOurAfrica

About the Company

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We are building Wise (previously TransferWise)for Africa. 80% of the money sent to Africa is done with physical cash. The remaining 20% is done via digital channels but are subject to multiple layers of fees and paperwork. Our easy to use app allows anyone to quickly send money from GBP or USD (EUR coming soon!) to all major African currencies at the lowest rates available.

Payment in Africa are 1% built. We aspire to bring 21st century payment technology to Africa to create a low cost and highly reliable set of payment rails that friends, family and businesses can use. When payments are simple, reliable and available at the touch of a button, anything is possible.

We are proud to be an African Fintech Startup with a global team serving an international audience. By building payment channels and infrastructure, we enable lightning fast payments to every corner of the African continent. Our tech is built by world class engineers from around the world and we are proud to serve all communities, everyone from bustling cities to the peaceful villages. It is our privilege to partner with these local communities go on this journey together.

We are supported by the world’s most prestigious accelerators and VCs. We are backed by Y-Combinator (early backers of AirBnB, DropBox, GitLab etc), Accel (GoCardless, Monzo etc), and a long list of high profile Angel Investors who were personally in building Monzo, Robinhood, ComplyAdvantage, Luno, Simple and many more!