Cash & Banking Manager

Role: Cash & Banking Manager • Location: London • Full‑time, permanent

This role focuses on Treasury cash management, banking arrangements, related platforms and interconnectivity with finance systems, ensuring a robust and efficient cash and banking environment aligned with best practice. Reporting to the Treasurer and leading a team of two analysts, you will play a key role in implementing our new Treasury landscape and transitioning existing cash management operations to the in‑house Treasury function.

Responsibilities

• Oversee end‑to‑end cash management and liquidity, ensuring optimal liquidity to meet operational needs and strategic objectives.
• Lead the transition of cash management and banking operations, including validation and sign‑off of handovers and acceptance criteria from the service provider.
• Design, document, implement and enhance Treasury processes such as liquidity forecasting, payment workflows and treasury reporting.
• Lead testing activities for system changes and integrations with Treasury & Finance Systems to ensure accuracy and compliance.
• Manage short‑to‑medium‑term rolling cash‑flow forecasting and drive improvements in forecasting accuracy.
• Implement and manage FX exposures arising from cashflows in the UK and regional offices, including repatriation of cash to the UK.
• Maintain relationships with transactional banks, act as key point of contact for service issues and provide ancillary services (FX platforms, cash pooling, daylight limits).
• Ensure compliance with credit facility agreements, including covenant monitoring, utilisation and fee/interest payments.
• Lead a small team of analysts—coach, develop and deliver high‑quality Treasury outputs.
• Identify and lead opportunities to improve cash management processes, controls and reporting.
• Lead or support strategic and change initiatives to enhance cash visibility, automation, forecasting accuracy and liquidity management capability.
• Engage with stakeholders (Finance, Treasury, Risk, Compliance, external partners) to influence decisions impacting cash and liquidity.
• Analyze operational risks, data integrity and regulatory obligations; embed resilience and control considerations into process design.

Required Qualifications

• Strong experience leading cash‑focused, multi‑currency, front‑office Treasury teams within insurance, financial services or a complex corporate environment.
• Experience in a new or rapidly transforming Treasury function.
• Deep understanding of cash management, liquidity, cash‑flow forecasting, FX activities and investments (money‑market funds).
• Experience with UK and international operational banking arrangements and cash‑pooling structures.
• Ability to interpret data, translate tactical insight into strategic considerations and influence senior stakeholders.
• Excellent communicator, confident and commercially minded.
• Proactive with strong problem‑solving capability and attention to detail.
• Experience working with cross‑functional teams (Systems, Finance, Risk, Compliance).
• Relevant degree, ACT accreditation or equivalent experience.

Desirable Qualifications

• Experience within a Lloyd’s syndicate or broader (re)insurance environment.
• Familiarity with regulatory frameworks such as PRA, FCA, Lloyd’s Minimum Standards.
• Experience with credit facilities, including structures and pricing.

Benefits

• Competitive base salary.
• Performance‑related discretionary bonus.
• Hybrid working model with flexible office presence.
• Support for actuarial exams and access to a wide range of data and projects.
• Employee benefits through MS Amlin.

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