Cash & Banking Manager

Role

Cash & Banking Manager

Location: London

Position: Full time, permanent

This role focuses on Treasury cash management, banking arrangements, related platforms and interconnectivity with finance systems, ensuring a robust, efficient, and aligned cash and banking environment.

Responsibilities

• Lead the transition of cash management and banking operations from the current service provider to the in‑house Treasury function, ensuring minimal disruption to business‑as‑usual activities.
• Design, document, implement, and enhance end‑to‑end Treasury processes including liquidity, forecasting, and payment workflows from pre‑transition to future state.
• Oversee treasury reporting activities and coordinate system testing for changes and integrations to ensure accuracy and compliance.
• Lead a team of two analysts in full ownership of cash management: daily positioning, visibility, pooling, and optimising cash balances across the organisation.
• Manage short‑to‑medium‑term rolling cash‑flow forecasting, maintaining sufficient funding headroom and supporting efficient use of cash in line with business strategy.
• Support investment of surplus cash and improve forecasting accuracy through actionable insights for senior Finance and Treasury stakeholders.
• Integrate cash forecasts with long‑term forecast aligned with the business plan.
• Implement FX exposure management strategies arising from cashflows in the UK and regional offices and assist regional finance teams in cash repatriation to the UK.
• Maintain relationships with transactional banks, acting as primary point of contact for service issues, documenting meetings, and ensuring service levels.
• Provide ancillary services such as FX platforms, cash pooling, daylight limits, and design bank performance reporting.
• Ensure compliance with credit facility agreements, monitoring covenants, utilisation, fees, and interest payments.
• Identify and drive process improvement opportunities, embedding best‑practice treasury disciplines across the organisation.
• Lead and contribute to treasury projects focused on improving cash visibility, automation, forecasting accuracy, and liquidity management capability.
• Act as primary Treasury contact for cash‑related matters, building trusted relationships with peers, regional finance teams, and senior stakeholders.
• Identify, assess, and communicate operational, data integrity, and regulatory risks, working with Risk & Compliance teams to satisfy internal and external standards.
• Provide documentation and evidence for audit activities, embedding operational resilience and control considerations into requirements and process design.

Qualifications

Essential

• Strong experience leading cash‑focused, multi‑currency front‑office Treasury teams within insurance, financial services, or a complex corporate environment.
• Experience in a newly created or rapidly transforming Treasury function.
• Deep understanding of cash management, liquidity, and cash‑flow forecasting, with exposure to FX activities and investments (money‑market funds).
• Demonstrated experience with UK and international operational banking arrangements and cash‑pooling structures.
• Ability to interpret data and translate it into tactical and strategic insights.
• Excellent communicator, able to engage and influence senior stakeholders on cash and liquidity matters.
• Proactive and commercially minded.
• Demonstrated ability to conceptualise, implement, and improve end‑to‑end Treasury processes.
• Strong problem‑solving capability with attention to detail.
• Experience working with cross‑functional teams including Systems, Finance, Risk and Compliance.
• Relevant degree, ACT accreditation or equivalent experience.

Desirable

• 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 structure and pricing.

Benefits

Competitive base salary and performance‑related discretionary bonus.

Hybrid working model: employees are expected to work in the office for approximately three days a week, with the remaining days flexible.

#J-18808-Ljbffr…