Treasury Ops Lead

This is an on-site role, 4 days a week in our London office (in Fitzrovia) 

The structural conflict at the centre of correspondent banking is not technological. It is economic. Banks earn revenue from their balance sheets: they lend deposits, capture FX spreads, and hold funds as long as it is rational to do so. Clearing, the act of releasing funds quickly and predictably, competes directly with those economics. An institution designed to lend has a structural incentive to hold deposits; an institution designed to clear has an incentive to release them. When one institution does both, clearing loses. The result is unpredictable settlement, trapped capital, and a correspondent network shrinking by design.

Lorum was founded on a different premise: clearing as the business, not a byproduct. The model has been operational since 2023 and grew 55x in 2025, with USD clearing now the majority of volumes alongside a growing treasury offering. We have applied for a U.S. national trust bank charter. The people we hire now will build the clearing and treasury infrastructure it unlocks.

We are looking for a Treasury Operations Lead to own the operational backbone of how money moves — both inside Lorum and across the external ecosystem of banks, brokers, and financial infrastructure partners we rely on.

This is not a traditional ops role. You will map, implement, and continuously automate the flow of funds for Lorum's own treasury and for the treasury products we offer clients. You will go deep on how each product actually works — tracing every transfer, every settlement leg, every reconciliation touchpoint — and then work with engineering to automate as much of it as possible. The best fit is someone who has lived in treasury or trading operations, thinks in flows and settlement timelines, and reaches for automation before reaching for a spreadsheet.

• Flow ownership: Map, implement, and continuously optimise fund flows for each Lorum product — tracing how cash moves from client receipt through internal processing to external settlement and back. Own the operational design across all banking, brokerage, FX, and custody partners from first principles

• Cash management: Actively manage Lorum's multi-currency cash inventory, prepositioning funds across accounts and jurisdictions to ensure on-time settlement of all external obligations. Monitor intraday liquidity positions and flag shortfalls before they become problems

• Execution and monitoring: Own day-to-day execution of treasury transfers — initiating, monitoring, and confirming settlement across multiple currencies (AED, EUR, USD) and time zones. Maintain a clear escalation framework for failed or delayed transactions

• Provider management: Own the operational relationship with FX and banking providers such as StoneX and OpenFX. Respond to settlement confirmations within cutoff windows, manage onboarding of new providers by mapping end-to-end flows, and escalate and troubleshoot directly with external partners

• Automate everything: Treat automation as a first principle. Partner with engineering to build automated workflows, reconciliation pipelines, and exception handlers. Use AI tools actively for monitoring, anomaly detection, and analysis. The goal is to make yourself redundant in every manual task you touch

• Dashboards and visibility: Build and maintain real-time dashboards covering cash balances, settlement queues, and liquidity positions across all accounts and currencies

• Cross-functional delivery: Partner with Product, Engineering, Finance, and Compliance across the full product lifecycle — contributing to operational flow design before a line of code is written, and ensuring all flows meet regulatory requirements across Lorum's jurisdictions

Must-haves

• At least 5 years in treasury operations, trading operations, or a closely related function — you have lived inside the mechanics of how money moves and settles across currencies and time zones

• Background in financial services or fintech — you understand what it means to operate under regulatory scrutiny and with real settlement risk

• Demonstrated use of AI tools in your current role — integrated into how you work daily, not just experimented with

• A track record of successfully automating operational tasks — with concrete examples of what you built, how it worked, and what it replaced

• A bias to execution: you move quickly, close loops, and do not let perfect be the enemy of delivered

Nice-to-haves

• Payments background — familiarity with SWIFT, wire instructions, FX execution, and correspondent banking structures.

• Python or SQL skills — the ability to query data directly and prototype lightweight automations without waiting for engineering

• Experience working across time zones in a global team

• Flexible vacation policy

• Private Healthcare

• Employee stock ownership (ESOP)

• Flexible working and autonomy

• Pay it forward days - we offer 2 annual pay it forward days where you can take time to volunteer for a charitable cause that is important to you.

• Wellness days - we believe you can only work your best when you feel your best, and we know working at Lorum is intense, so we offer 3 wellness days every quarter where you can take time to re-energize