Role Overview

The Treasury Administrator plays an important role within the Treasury Team, supporting the effective administration of client bank accounts and ensuring that banking processes are completed accurately, efficiently and within agreed timescales.

Working within a busy operational environment, the role involves processing a range of banking transactions and reconciliations relating to clients’ Self-Invested Personal Pensions (SIPPs), while also supporting internal teams with banking-related queries.

The successful candidate will be highly organised, detail-oriented and comfortable working to tight deadlines, with a strong focus on accuracy, risk awareness and customer service.

Key Responsibilities

Reconcile client bank accounts accurately and within agreed timescales.

Ensure all client money received is identified and matched promptly.

Create Direct Debits to collect funds from external bank accounts and issue the appropriate correspondence.

Process payments across various banking systems.

Process and bank cheques.

Input new client bank account details accurately onto internal systems.

Process monthly and account-closing interest.

Close client bank accounts in accordance with established procedures.

Create and process Bulk Direct Debit instructions.

Process fee sweeps and refunds.

Cancel standing orders as required.

Process HMRC prefunded tax reclaim requests.

Monitor and manage the team mailbox, ensuring queries and requests are dealt with promptly.

Complete Direct Debit reconciliations.

Build and maintain effective working relationships with internal departments and key stakeholders.

Ensure all internal service levels and deadlines are consistently met.

Escalate issues, delays and exceptions to the Team Manager where appropriate.

Proactively identify potential risks or control issues within the department and escalate concerns appropriately.

Contribute to the continuous improvement of Treasury processes and ways of working.

Ensure all work is completed in line with company procedures, regulatory requirements and relevant controls.

Knowledge, Skills & Experience

Essential

Previous experience working within a banking, financial services or pensions environment.

Strong working knowledge of Microsoft Excel, including the ability to use formulas, manipulate and analyse data and perform data checks and reconciliations.

Strong attention to detail with a proven ability to maintain a high level of accuracy.

Ability to manage multiple tasks and prioritise workload effectively.

Comfortable working to tight deadlines and agreed service levels.

Excellent written and verbal communication skills.

Strong interpersonal skills and the ability to build effective relationships with colleagues and stakeholders.

A proactive approach to identifying issues, risks and opportunities for improvement.

Ability to work effectively both independently and as part of a team.

Personal Attributes

The successful candidate will be:

Accurate and detail-focused – able to process financial information carefully and consistently.

Organised – able to manage competing priorities and meet deadlines.

Proactive – confident in identifying issues and escalating risks appropriately.

Collaborative –able to work effectively with colleagues across the business, share information, support team objectives and build positive working relationships with internal stakeholders.

Accountable – takes ownership of tasks and follows processes through to completion.

Customer-focused – understands the importance of timely and accurate administration in supporting clients and internal teams.

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.

We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution.

We partner with the world’s leading financial institutions, with over US$2.5 trillion in assets on platform (AoP).

Together with our clients, we empower nearly 30 million people across all wealth segments to invest in their future.

About the company

FNZ gives large financial institutions a single, digital wealth management platform to offer wealth services. It integrates asset management, retail banking, life insurance and private banking capabilities into one online proposition that advisers and customers access via online banking. Revenue comes from platform fees, service charges, and strategic partnerships. The company differentiates itself through its scale, breadth of integrations, and track record of helping major institutions (e.g., Aviva and Abrdn) accelerate growth and transform how wealth management is delivered. Its goal is to enable institutions to provide personalized, efficient wealth management at scale, simplifying the customer experience and improving outcomes for advisers and clients.

Company Size

5,001-10,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$3B

Headquarters

London, United Kingdom

Founded

2003

Get referred to FNZ

See people who can refer or advise you

Simplify's Take

What believers are saying

On September 1, 2026, FNZ raised $450 million from existing institutional shareholders.
The company sold FNZ Bank, IFSAM, and Swiss banking software, freeing management attention.
Stephen Welch's September 16, 2026 appointment targets client delivery and profitable growth execution.

What critics are saying

A New Zealand class action seeks $4.6 billion, threatening FNZ's capital structure.
Blythe Masters resigned on September 18, 2026; leadership churn weakens execution during transformation.
If the class action succeeds, employee-shareholder claims can trigger insolvency-style financing pressure.

What makes FNZ unique

FNZ serves 30 million end customers and $2.5 trillion assets on platform in 2026.
Its August 2026 divestitures sharpen focus on core wealth technology for global institutions.
FNZ Select, launched in 2026, adds premium service levels and advanced platform support.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance
Life Insurance
Hybrid Work Options
Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

1 year growth

2 year growth

Financial Standard

Sep 18th, 2026

FNZ chief executive steps down.

FNZ chief executive steps down. The latest issue of Financial Standard now available as an e-newspaper Executive Appointments | / | / | / | / | FNZ chief executive steps down BY RIDDHIMA TALWANI | FRIDAY, 18 SEP 2026 12:27PM FNZ chief executive Blythe Masters has resigned after two years in the top job as Stephen Welch assumes the role of executive group chair and interim chief executive. Masters will continue to support FNZ in an advisory capacity for six months to help ensure an orderly leadership transition. The board has begun the process to identify a permanent group chief executive. FNZ said Welch's appointment reflects the board's commitment to accelerating the execution of its strategic transformation programme, improving client delivery and supporting the group's progress towards long-term profitable growth. The wealth management firm added the board and Masters believe this leadership transition best supports the next phase of that journey. "FNZ has a strong business, a clear strategy, market-leading technology and an exceptional client portfolio," Welch said. "I look forward to working closely with colleagues across the group as we continue to execute our transformation programme, improve delivery for clients and build on the significant progress already made." FNZ said its strategy remains unchanged and the group will continue to focus on its core wealth management platform, improving the quality and consistency of client delivery, and transforming its operating model to drive efficiency and sustainable, profitable growth. The board thanked Masters for her contribution to FNZ over the past two years. "During her tenure, FNZ has made substantial progress executing its transformation programme, strengthening its financial position, advancing key regulatory priorities, simplifying the group through the divestment of non-core assets and continuing to grow assets on the platform, which now exceed NZ$2.5 trillion," FNZ said. Welch thanked Masters for her leadership as well. "FNZ enters this next chapter as a stronger and more focused organisation, and I am confident in the opportunities ahead for the business, our clients, our shareholders and our people," he said. Read more: FNZ, Stephen Welch VIEW COMMENTS Related News | | | FNZ appoints leads for APAC, North America | | | | FNZ, Centric extend partnership, citing 'significant' upgrades | | | | FNZ wins mandate, names APAC head | | | | Centrepoint Alliance launches long-awaited IconiQ platform | | | | Acclaim Wealth enters managed account space | | | | New CFS platform at the cutting Edge: Quirk | | | | FNZ acquires private banking tech firm | | | | UK competition watchdog blocks merger | | | | Calastone expands NZ presence Editor's choice. Gordan Legal commenced a class action against Macquarie Investment Management, alleging the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement savings. Sequoia Financial Group, the parent company of InterPrac Financial Planning, is conducting a thorough review of all its operating subsidiaries for a potential restructuring. Family offices in Australia have surpassed $323 billion in assets, according to data from Rainmaker Information. The Guardians of New Zealand Superannuation has appointed a new head of portfolio completion who hails from QIC's liquid markets team. Further Reading

FinTech Futures

Sep 18th, 2026

FNZ CEO Blythe Masters steps down after two-year tenure.

FNZ CEO Blythe Masters steps down after two-year tenure. Stephen Welch has been appointed executive group chair and will serve as FNZ's interim CEO while the company searches for a new permanent chief. September 18, 2026 Blythe Masters is stepping down as group CEO of London-based wealth management platform FNZ after two years in the role. FNZ has appointed Stephen Welch as interim CEO and executive group chair while the company hunts for a new permanent leader. Masters, a former JP Morgan executive, initially took over from FNZ founder Adrian Durham as CEO in August 2024, with her appointment joined by a $1 billion capital commitment from the company's shareholders. These include Motive Partners and CPP Investments. Announcing the leadership transition, FNZ says that Masters will now move to an advisory capacity for a period of six months. The company's statement praises the "significant contribution" Masters has made during her two year tenure, namely "simplifying the group through the divestment of non-core assets" and growing on-platform assets beyond $2.5 billion. Reporter, FinTech Futures Cameron Emanuel-Burns, a reporter at FinTech Futures, is dedicated to enhancing the accessibility of fintech for a broader audience. He has contributed articles to various media platforms and possesses a strong interest in all aspects of fintech. Prior to his involvement in the financial industry, Emanuel-Burns worked in the podcasting field, where he held editorial, hosting,and production positions for renowned production companies, covering diverse topics. With a research master's degree in conflict analysis, he conducted a study on the influence of anti-refugee policies on extremism.

Bloomberg

Sep 16th, 2026

Blythe Masters steps down as CEO of fintech FNZ after two years

Blythe Masters is stepping down as chief executive officer of fintech firm FNZ Group Ltd., two years after assuming the position. The departure marks another leadership change at the digital wealth management platform. Masters, a former JPMorgan Chase executive known for her work in derivatives markets, joined FNZ in late 2022. Her exit comes as the company continues to navigate the competitive fintech landscape. FNZ provides technology platforms for wealth managers and financial institutions globally. The company has not yet announced Masters' successor or detailed transition plans.

Scottish Financial Review

Sep 16th, 2026

FNZ promotes Welch as CEO Blythe Masters exits role.

FNZ promotes Welch as CEO Blythe Masters exits role. FNZ, the global wealth management platform, announced that Stephen Welch has been appointed Executive Group Chair and will assume interim CEO responsibilities. FNZ said Blythe Masters "is transitioning out of the Group Chief Executive Officer role" and will continue to support FNZ in an advisory capacity for six months to help ensure an orderly leadership transition. "Stephen's appointment reflects the Board's commitment to accelerating the execution of FNZ's strategic transformation programme, improving client delivery and supporting the Group's progress towards long-term profitable growth... " said the firm. "The Board has begun a process to identify a permanent Group Chief Executive Officer. During the transition period, Stephen Welch will serve as Executive Group Chair on an interim basis alongside his role as Group Chair. "FNZ's strategy, transformation programme and client commitments remain unchanged. The Group will continue to focus on its core wealth management platform, improving the quality and consistency of client delivery, and transforming its operating model to drive efficiency and sustainable, profitable growth. "The Board would like to thank Blythe for her significant contribution to FNZ over the past two years. "During her tenure, FNZ has made substantial progress executing its transformation programme, strengthening its financial position, advancing key regulatory priorities, simplifying the Group through the divestment of non-core assets and continuing to grow assets on the platform, which now exceed $2.5 trillion." Welch said: "FNZ has a strong business, a clear strategy, market-leading technology and an exceptional client portfolio. I look forward to working closely with colleagues across the Group as we continue to execute our transformation programme, improve delivery for clients and build on the significant progress already made. "On behalf of the Board, I would also like to thank Blythe for her leadership and significant contribution to FNZ. FNZ enters this next chapter as a stronger and more focused organisation, and I am confident in the opportunities ahead for the business, our clients, our shareholders and our people."

Financial IT

Sep 3rd, 2026

FNZ raises US$450 million from existing institutional shareholders.

FNZ raises US$450 million from existing institutional shareholders. * Fundraising News * 03.09.2026 01:04 pm FNZ, the global wealth-management platform, has secured US$450 million in new equity funding from its existing long-term institutional shareholders. This investment provides the financial strength to support the continued delivery of FNZ's transformation programme as it executes on its long-term business plan to drive profitability. The investment comes from some of the world's most sophisticated investors, including La Caisse, Canada Pension Plan Investment Board (CPP Investments), Generation Investment Management and Motive Partners in support of FNZ's continued transformation and long-term business plan. This new capital will be used to invest in its technology platform, people, products and capture the significant market opportunity ahead. In the past year, the Group has continued to strengthen its franchise and sharpen its focus on its core wealth management technology business serving large financial institutions. FNZ has won and extended a number of key client partnerships across its core geographies and introduced FNZ Select, a premium proposition providing clients with enhanced service levels, advanced capabilities and additional platform support. The Group also agreed a number of significant disposals, including the sale of FNZ Bank in Germany, its Luxembourg-based fund platform, IFSAM, and its core banking software platform in Switzerland. These transactions are helping FNZ direct resources toward its strategic priorities and strengthen execution. Blythe Masters, Group Chief Executive Officer of FNZ, said: Financial IT continue to make strategic progress, creating a more focused business, driving greater operational discipline and delivering more consistently for its clients. This capital provides the financial strength to continue executing its plan as Financial IT harness technology to transform wealth management in partnership with its clients.

FNZ

Treasury Administrator

About the job