At Paysend, we're on a mission to deliver the World's Simplest Money Transfer.
Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.
Paysend can send money to over 170 countries worldwide and has attracted more than seven million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors.
Our success is built on supreme technology, friendly customer service and, of course, the very best talent in the FinTech industry. We’re looking for the future gamechangers of FinTech to join us as we positively disrupt the personal and business payments markets and make financial services more accessible and inclusive for individuals and small businesses around the world.
Every day is a new challenge at Paysend, and we approach each project with ambition, innovation and creativity.
What’s the role about
We are in the process of building out our Treasury team and looking for a highly skilled and adept individual with a solid background in this space. This is a great opportunity for someone with the right attributes to build a best in class Treasury team.
What you’ll be doing
- Monitor and manage cash balances for the domestic and international bank accounts of Paysend and all its subsidiaries
- Approve and initiate monetary payments and settlement utilizing detailed knowledge of international banking rules and payment regulations for countries in which business is conducted
- Knowledge of payment methods including Faster Payments BACS, CHAPS, ACH, SWIFT card rail payments (AFT and OCT) etc.
- Execution of foreign exchange transactions to convert receiving currencies to the right sending currencies; as well as optimisation of the FX transaction costs
- Enhance and document the operational payment and settlement processes & controls to ensure business continuity, but also enable delivery of streamlining and automation deliverables
- Form part of the Treasury and IT team responsible to implement a dedicated Treasury Management System (TMS) for Paysend
- ALCO paper preparation and presentation covering aspects such as liquidity and capital risks
- Manage the set up of bank accounts. bank routing rules and ongoing bank account maintenance in the accounting system
- Own some of Paysend banking relationships including due diligence, KYC, and onboarding processes
- Participate in the cash and liquidity forecasting process for the company and making prefunding recommendations with pay-out partners
What you’ll need to be successful in the role
- A strong operational Treasury background including liquidity management, banking, payments, FX trading and derivatives
- Leadership experience that include proactive problem solving and collaboration across other teams such as Product, Finance, Legal, and Operations in the tasks at hand
- Exceptional verbal and written communication skills to be able to comfortably interact with stakeholders to Group Chief Financial Officer level
- Solid Excel ability potentially R and SAS as well and the ability to turn raw data into management information and actionable intelligence
- Experience in process improvement and thinking critically about how to operate Treasury activities more effectively
- Some Treasury accounting knowledge relating to balance sheet and P&L
- Experience with building a Treasury function and an ability for understanding Treasury Management Systems (e.g. Kyriba. GTreasury, FIS etc)
- Ability to use original thinking to translate goals into the implementation new ideas and design solutions
Ideally, you’ll also have
- Masters degree and / or CFA and / or ACMT (or similar professional qualification)
- 5+ years of Treasury or related experience in a bank or corporate environment
- Optimally some experience gained in a FinTech firm and expertise with digital transformation and payment innovation would be a bonus
- 2x per week attendance in the beginning in the London office (post probation 1x per week) and lives in commuting distance
Why Paysend?
We’re looking for people who share our passion for innovation, buy into the Paysend ethos and add value to our team. When you join Paysend, you’ll have the chance to grow and develop as the business does.
We believe in empowering people to be successful in their jobs, and we pay them fairly for their expertise. We give everyone the context and tools to operate as business owners and encourage our people to contribute with their hearts, minds and creativity.
In the fast-paced FinTech industry the Paysend journey may not always be easy, but we succeed by working together to create solutions that break the status quo. We employ the right people to help us steer the business towards success and global influence.
If Paysend sounds like the perfect company for you, we’d love to hear from you!
What We Do
At Paysend, we're on a mission to deliver the World's Simplest Money Transfer. Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs. Paysend can send money to over 170 countries worldwide and has attracted more than six million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors. Paysend: Simple Money Transfer Download the Paysend app from the App Store or Google Play
