Treasury Team Lead

About Us:

ACE Money Transfer is a UK-based multinational company headquartered in Manchester, United Kingdom. ACE Money Transfer provides online remittance services to individuals in 28 countries across the UK, Europe, Canada, and Australia, enabling them to send money across borders in over 100 countries.

Purpose of the Role

Treasury Team Lead manages day to day Treasury operations and leads the Treasury team to ensure effective

cash management, liquidity planning, bank funding, settlements, FX support, and operational controls. The role

ensures Treasury activities are completed accurately, within cut-off times, and in line with approved policies, limits, and compliance requirements.

Key Responsibilities
 

• Lead, supervise, and develop the Treasury Operations team.
   
• Monitor daily cash balances, liquidity positions, and funding requirements.
   
• Ensure bank accounts are funded on time and within applicable cut-off times.
   
• Plan funding requirements for weekends, public holidays, and high-volume periods.
   
• Monitor local and international settlements and ensure completion within agreed timelines.
   
• Review pending transactions, failed payments, and settlement exceptions.
   
• Ensure reconciliations are completed accurately and outstanding breaks are resolved on time.
   
• Monitor Treasury limits, counterparty exposure, and key operational risk indicators.
   
• Escalate material funding gaps, limit breaches, settlement delays, and control issues promptly.
   
• Support FX exposure monitoring and ensure approved FX deals are processed within currency cut-off times.
   
• Ensure maker-checker and four-eye controls are followed for all relevant transactions and system entries.
   
• Review daily Treasury reports, cash-flow forecasts, funding updates, and operational dashboards.
   
• Maintain the Treasury incident log and ensure incidents are investigated and reported on time.
   
• Coordinate with banks, Finance, Compliance, Operations, and other internal stakeholders.
   
• Maintain accurate records, supporting documents, approvals, and audit trails.
   
• Support implementation of Treasury policies, procedures, system changes, and process improvements.
   
• Maintain sufficient cross-training and cover arrangements within the team.
   
• Support the Treasury Manager or Unit Head with management reporting, audits, and strategic Treasury initiatives.
   

Qualification & Experience
 

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
   
• Professional qualification in Treasury, Finance, Accounting, or Risk Management is preferred.
   
• Minimum 4-6 years of experience in Treasury Operations, Banking Operations, Cash Management, or Financial Services.
   
• Experience in cash-flow forecasting, bank funding, settlements, reconciliations, and FX operations.
   
• Strong knowledge of Treasury controls, maker-checker processes, and operational risk management.
   
• Proficiency in Excel and financial reporting tools; knowledge of Treasury Management Systems and bank portals is preferred.
   
• Strong analytical, communication, stakeholder-management, and team-leadership skills.

Key Performance Indicators

• Settlement Performance: Local and international settlements completed within the agreed SLA.

• Funding Accuracy: Accurate and timely funding of bank accounts and execution of funding instructions.

• Forecast Accuracy: Cash-flow forecasts accurately reflect actual funding requirements.

• Funds Shortages: Number and value of funds-shortage incidents monitored and minimized.

• Reconciliations: Aged reconciliation breaks resolved within agreed timelines.

• Cut-off Discipline: Zero missed bank or currency cut-off times.

• Control Compliance: Compliance with Treasury limits, policies, procedures, and four-eye controls.

• Incident Management: Timely escalation, resolution, and closure of incidents, exceptions, and control issues.

• Reporting: Accurate and timely delivery of Treasury reports and management information.

• Team Development: Completion of training, cross-training, productivity improvement, and achievement of agreed team objectives.

ACE Money Transfer Profile:https://acemoneytransfer.com/company-profile