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Senior Manager, Liquidity Management (Treasury)

Company Description

Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. 

Job Description

To support our ongoing expansion across the Americas region, Checkout.com is now actively seeking a highly-driven and energetic Senior Manager to support in establishing and leading the Atlanta-based treasury team, reporting into the Americas Treasurer. The role will be instrumental in supporting broader expansion in the US, focusing on bank regulatory initiatives, including but not limited to, regulatory applications, establishing processes to comply with bank regulatory capital and liquidity requirements, and working closely with external regulators and our internal legal team from initial conversations through execution.

The ideal candidate will have demonstrated experience dealing with regulators and senior management in a payments-focused, banking or other regulated financial institution and act as the senior person responsible for Treasury legal entity and regulatory matters within the US.  The ideal candidate will be highly strategic and will deploy an owner mindset. They will be well-organized, adaptable to the changing demands of the role, and capable of independent and autonomous decision-making to drive Checkout.com’s ambitious expansion goals in a fast-paced environment.

Role overview | Remit and Responsibilities

Amongst other duties, the incoming Treasury leader will be responsible for:

  • Provide strategy, direction, and oversight for Treasury activities for our regulated US entities within the Group framework.
  • Jointly with other senior management in the US and at Group, drive forward the conversations with regulators and assist in any license applications needed.
  • Be the primary Finance/Treasury responsible person and contact with US regulators.
  • Assist with setting up governance committees (e.g. ALCO) as needed in our US regulated entities.
  • Grow the US Treasury teams over the coming years
  • Oversee and assume overall responsibility for Treasury statutory, regulatory and management reporting in line with external and internal policy requirements.
  • Identifying prudential risk regulatory requirements and developing models, risk appetites and management approaches that also align with group-wide policies.
  • Work closely with the Group Treasury functions to develop and implement entity specific policies and procedures, including capital and liquidity models required to comply with local regulations. 

Qualifications

The ideal candidate for the role will bring: 

  • 8+ years of Treasury experience in an international setup at a regulated financial institution
  • Strong understanding of prudential risks such as liquidity and capital risk and experience with applying supervising controls
  • Experience dealing with prudential regulators in a senior management capacity
  • Financial modeling and analytics experience
  • Highly analytical, strategic problem solver with strong ideas and foresight
  • In-depth understanding of Treasury processes, including but not limited to, cash management, bank account management and Treasury operations with strong willingness to learn new products/processes
  • Strong communicator with the ability to build cross-functional relationships and work collaboratively
  • Ability to handle multiple tasks with tight delivery schedules and prioritize accordingly, communicating roadmaps and deliverables clearly and articulately
  • Strong sense of ownership and accountability
  • High level of technical proficiency with MS Excel
  • Prior experience managing and motivating a diverse, high-performing team
  • Humility, low-ego and will be an ideal champion of our mission and values 

Additional Information

Apply without meeting all requirements statement 

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use. 

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us. 

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

Take a peek inside life at Checkout.com via

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What You Should Know About Senior Manager, Liquidity Management (Treasury), Checkout.com

As a Senior Manager of Liquidity Management (Treasury) at Checkout.com in Atlanta, you’ll be stepping into an exciting role that plays a crucial part in our ongoing growth across the Americas. With Checkout.com being recognized as a leading strategic payments partner for renowned brands like Sony Electronics and Klarna, this role is pivotal. You’ll be the heart of our treasury operations, responsible for navigating the complex landscape of bank regulatory initiatives. Your expertise will guide the setup and management of our treasury team, ensuring compliance with vital regulations while fostering relationships with regulators. We’re on the lookout for someone who not only understands the intricacies of capital and liquidity requirements but is also a strategic thinker who can lead our initiatives effectively. In this dynamic and fast-paced environment, you’ll be making independent decisions and driving forward our ambitious U.S. expansion goals. Get ready to collaborate with senior management and external partners while you build and oversee vital governance committees like ALCO and more. If you’re a passionate problem-solver with a strong sense of ownership, and you have experience in a regulated financial environment, we want you to help shape our financial strategies and ultimately drive success for Checkout.com and our global partners. Let’s thrive together in the digital economy!

Frequently Asked Questions (FAQs) for Senior Manager, Liquidity Management (Treasury) Role at Checkout.com
What are the primary responsibilities of the Senior Manager, Liquidity Management (Treasury) at Checkout.com?

The Senior Manager, Liquidity Management (Treasury) at Checkout.com will oversee treasury operations for our regulated US entities, providing strategy and direction while managing relationships with regulators. Key responsibilities include driving conversations about license applications, setting up governance committees, and developing models for prudential risk requirements, all aimed at ensuring compliance with bank regulatory standards.

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What qualifications are needed for the Senior Manager, Liquidity Management (Treasury) position at Checkout.com?

To qualify for the Senior Manager, Liquidity Management (Treasury) role at Checkout.com, candidates should possess at least 8 years of Treasury experience within a regulated financial institution. A strong understanding of liquidity and capital risk, adeptness in financial modeling, and previous experience working with regulators in a senior capacity are also crucial for this position.

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How does Checkout.com ensure compliance in its treasury operations for the Senior Manager, Liquidity Management role?

Checkout.com places significant importance on compliance for its treasury operations. The Senior Manager, Liquidity Management (Treasury) will be integral in establishing processes to adhere to bank regulatory capital and liquidity requirements, conducting regular reviews and updates of governance, and developing comprehensive policies that align with both local regulations and group-wide standards.

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What skills are essential for success as a Senior Manager, Liquidity Management (Treasury) at Checkout.com?

Success in the Senior Manager, Liquidity Management (Treasury) role at Checkout.com requires strong analytical and strategic problem-solving skills, the ability to communicate effectively across functions, and a high level of technical proficiency in tools like MS Excel. Experience leading diverse teams and a strong sense of ownership and accountability are also critical.

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What does the career progression look like for the Senior Manager, Liquidity Management (Treasury) at Checkout.com?

At Checkout.com, the Senior Manager, Liquidity Management (Treasury) can expect significant career progression opportunities. This role is designed to grow as the treasury team expands, with opportunities to take on more senior responsibilities and lead larger projects as the organization continues its ambitious expansion goals in the Americas.

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Common Interview Questions for Senior Manager, Liquidity Management (Treasury)
What strategies would you implement to manage liquidity risk at Checkout.com?

In responding to this question, emphasize your understanding of liquidity management and risk assessment. Discuss specific strategies you would implement, such as developing robust cash flow forecasts, creating contingency funding plans, and aligning policy with regulatory requirements.

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Can you describe a time you successfully worked with regulators?

Be prepared to provide a detailed example that highlights your communication skills and understanding of regulatory environments. Discuss your role in fostering productive relationships and how you navigated challenges in the process.

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How do you prioritize tasks in a fast-paced treasury environment?

In answering this question, show your ability to handle multiple priorities effectively. Talk about your approach to prioritization, such as using frameworks to assess urgency vs. importance and communicating with stakeholders to ensure alignment on roadmaps.

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What experience do you have with financial modeling and analytics?

You should highlight specific tools and methodologies you have used in past roles for financial modeling and analysis. Include any relevant successes or outcomes that resulted from your analytics skills, showcasing your technical proficiency.

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How would you foster a collaborative culture within your treasury team?

Discuss strategies you would deploy to create an inclusive and collaborative work environment. This could include regular team meetings, open lines of communication, and team-building activities to enhance morale and productivity.

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What challenges do you foresee in this role, and how would you address them?

This question is an opportunity to demonstrate your proactive thinking. Identify potential challenges, such as regulatory changes or resource allocation, and explain your approach to mitigation, focusing on adaptability and strategic planning.

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Can you explain your understanding of prudential regulations related to liquidity?

Illustrate your knowledge of prudential regulations by explaining key concepts, such as the importance of maintaining adequate liquidity buffers and compliance with capital requirements. Reference specific regulations that pertain to the role.

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What tools and technologies have you used for treasury operations?

Mention specific treasury management systems or software you've employed in the past. Discuss how utilizing these tools has improved operational efficiency or compliance in your previous roles.

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How do you stay updated on changes in treasury regulations?

Articulate your approach to professional development, such as subscribing to industry publications, participating in conferences, or being part of relevant professional networks that keep you informed regarding treasury regulations and best practices.

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Why do you want to work for Checkout.com as a Senior Manager, Liquidity Management?

This is your chance to align your values with those of Checkout.com. Discuss how their mission resonates with you and how your experiences and ambitions makes you suited to contribute to their goals in the payments sector.

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DATE POSTED
January 9, 2025

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