Treasury Operations – Banking Lead

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

The Role

The Treasury team at Block manages the company's liquidity, access to capital, and the protection of both Block's and our customers' assets. By leveraging our balance sheet and cash operations, we support the company's growth and financial health. We are seeking an experienced Treasury Operations and Banking Lead to oversee global cash flow, liquidity, and Treasury balance sheet management, ensuring our financial operations align with Block's strategic long-term goals. As Block expands its Financial Services offerings—including multiple lending products and consumer financial services—prior banking experience will be a valuable asset.

As a leader of the Treasury team, the Treasury Operations and Banking Lead will collaborate across departments to support business growth and align with the company's long-term objectives. The ideal candidate will be proficient in all the fundamental areas of treasury management including: cash and liquidity management, balance sheet optimization, banking partnerships, treasury operations and technology, as well as financial planning and reporting.

This role will lead a team of 10-12 professionals across the US, EMEA, and APAC regions and will play a pivotal role in managing our Intercompany Bank. Success in this role will require strong technical acumen, and the ability to effectively collaborate with diverse internal and external stakeholders. This role will report to the Treasurer and is fully remote.

You Will Oversee:

• Cash and Liquidity Management: Oversee daily cash flow, ensuring sufficient liquidity for operational and strategic needs. Develop automation and process improvement strategies and leverage technology to support the company's growth. Lead Treasury Bitcoin operations.
• Team Management: Support the development of the existing team and hiring open positions including career development and succession planning along with cross-training and redundancy.
• Asset Based Lending: Lead operations for our lending activities including warehouse lines of credit across multiple geographies and investor cash operations.
• Treasury Banking Lead: Work cross-functionally to optimize the cost-of-capital, balance sources of financing for corporate purposes as well as product and lending needs - structuring, and executing financing arrangements. Implementation and management of Block's Irish Intercompany bank.
• Banking Relationships: Maintain strong relationships with banks, financial institutions, and other financial partners . Negotiate banking services and fees to optimize costs. Ensure seamless execution of banking transactions.
• Financial Planning and Reporting: Prepare and present treasury-related reports to executive leadership and the board.

You Have:

• 12+ years of experience in corporate treasury, banking, or financial management roles, within a fintech or financial services company.
• 5+ years of leadership experience managing teams of six or more employees, driving performance and team development.
• Bachelor's degree in Finance, Accounting, Economics, or a related field (Master's degree or MBA preferred).
• Professional certifications such as CTP, CPA, or CFA
• Experience in a banking role, consumer/business lending.
• Strong knowledge of treasury management systems, financial modeling, and cash management tools.
• Proven experience in treasury operations, balance sheet optimization and risk mitigation strategies.
• Ability to work collaboratively across departments and lead cross-functional projects.

We're working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We also consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we're doing to build a workplace that is fair and square? Check out our I+D page.

Block will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and "fair chance" ordinances.