Head of Treasury

Trade Nation is looking for a Head of Treasury to lead our Treasury function across UK Finance and Group Finance. Reporting to the Finance Director, you’ll line-manage the Treasury Manager and lead the wider Treasury team.

You’ll run day-to-day Treasury operations and projects. You’ll hold ultimate responsibility for Group counterparty credit risk and oversee liquidity, funding, cash management and payments across all Group entities, currencies, banks, liquidity providers (LPs) and payment service providers (PSPs). You’ll also hold the FCA role of “Individual allocated responsibility for the CASS Operational Oversight Function” (CASS 1A.3).

What you’ll do:

• Leadership & governance: Lead and develop the Treasury team. Own the Group Treasury and Credit Risk policies (FX, liquidity, investment/deposit, payments), reviewing them annually and presenting changes to the FD, Risk Committee and Board.
• Counterparty credit risk: Onboard, assess and set limits for all banks, LPs, PSPs and custodians. Monitor exposures daily and manage concentration risk. Perform CASS 7.13 due diligence. Provide credit and liquidity inputs to the ICARA and wind-down planning.
• Client money & safeguarding: Oversee CASS compliance across all jurisdictions, working with the Head of Regulatory Finance. This includes daily reconciliations, breach management, trust letters, the CASS Resolution Pack, CMAR support and annual audits.
• Liquidity, funding & FX: Own daily and rolling 13-week cash and liquidity forecasting. Maintain buffers above IFPR and internal thresholds. Manage intra-group funding and capital movements, FX conversions and hedging, and the investment of surplus cash.
• Banking & provider relationships: Lead the selection, negotiation and exit of banking and FX broker partners, and support the Payments team and Dealing desk on PSPs and LPs. Ensure redundancy across providers. Oversee PSP settlements and reserves, bank mandates and KYC.
• Payments & controls: Own the Treasury payments control framework, covering dual authorisation, segregation of duties, payment limits and APP/BEC fraud prevention. Ensure client withdrawals are processed within service levels.
• Reporting & projects: Deliver daily and monthly Treasury MI to the FD/ExCo. Partner with the Financial Controller on month-end close. Lead projects in treasury systems, bank connectivity and automation.

Essential:

• Strong knowledge of client money rules across jurisdictions, particularly FCA CASS
• Strong counterparty credit risk skills, including financial statement analysis, rating interpretation and limit-setting
• Working knowledge of regulatory liquidity and capital regimes (UK IFPR/ICARA and overseas equivalents)
• Experience running multi-entity, multi-currency, multi-jurisdiction treasury operations
• Sound knowledge of payment systems, payment controls and fraud prevention
• Advanced spreadsheet skills
• Proven people management and the ability to motivate a team
• Ability to work through complex issues, troubleshoot and influence at all levels
• Strong negotiation and relationship management with banks, FX brokers, LPs, PSPs, auditors and regulators
• Sound accounting understanding (double entry)

Desirable:

• Understanding of the CFD/spread betting business model, including LP hedging and PSP payment flows
• Experience with treasury automation, such as bank feeds, reconciliation software and accounting systems (ideally Xero)
• A treasury or accountancy qualification (e.g. ACT, ACA, ACCA, CIMA)

• Competitive salary, and discretionary annual bonus.

• Private healthcare.
• Active Lifestyle allowance.
• Annual leave above minimum entitlement.
• Up to 3 weeks allowance to work in any location.