Senior Treasury Manager - Safeguarding & Cash Management for UK

We are hiring a Senior Manager to take ownership of safeguarding for NIUM's UK regulated entities, covering both emoney and payment services activities under the Electronic Money Regulations 2011, Payment Services Regulations 2017, and the FCA's CASS15 sourcebook. This is a senior, hands-on, first-line role combining regulatory ownership, treasury decision-making, and 4-eyes oversight of operational work across the group. 

You will be the day-to-day authority on UK safeguarding compliance; running reconciliation checks, chairing the UK Safeguarding Committee, owning FCA reporting, and acting as the escalation point for safeguarding incidents. You will also make live decisions on UK cash management, diversification, and interest optimisation, working closely with Compliance and the Director of Safeguarding to keep UK processes aligned to group standards while staying compliant with UK-specific regulatory requirements. 

This is a fast-paced, high-visibility role in a business operating across 40+ regulated jurisdictions, you will need to be comfortable making sound decisions quickly as rules, products, and volumes evolve.

CASS15, EMR/PSR & Regulatory Ownership (40%) 

• Own safeguarding compliance for NIUM's UK entities across emoney and payment services, ensuring adherence to the EMRs 2011, PSRs 2017, and CASS15 at all times 

• Assess treasury and operational processes against CASS15 requirements, identifying and closing gaps 

• Design, document, and maintain fund-flow diagrams and calculation logic for relevant funds, ensuring the safeguarding methodology is accurate, current, and audit-ready 

• Own FCA reporting for safeguarding, ensuring accuracy, completeness, and timely submission 

• Act as the first-line escalation point for safeguarding incidents - identifying, classifying, and investigating root cause, and escalating to Compliance for materiality assessment and regulatory notification decisions 

Reconciliations & Controls  

• Perform day-to-day checker responsibilities over safeguarding reconciliations, ensuring breaks are identified and resolved promptly 

• Provide 4-eyes review of operational treasury work undertaken at group level, acting as a key control point 

• Maintain robust audit trails and documentation to support inspection and audit readiness 

• Champion automation of reconciliation and safeguarding processes, working with Product and Engineering to reduce manual effort and operational risk 

Governance 

• Run and own the UK Safeguarding Committee, setting the agenda, driving actions, and reporting on safeguarding health 

• Produce governance/MI for Boards and senior management on safeguarding and reconciliation performance 

• Work with Compliance to design, implement, and embed compliant safeguarding controls 

• Partner with the Global Director of Safeguarding to standardise processes globally while tailoring them to UK regulatory requirements where necessary 

UK Cash Management & Performance (30%) 

• Make decisions on UK cash management controls, including diversification of safeguarded funds and interest earned/optimisation strategies 

• Balance liquidity needs against permissible investment options under CASS15 

• Own the KPIs for UK Treasury operations, ensuring all targets are tracked, reported, and achieved 

Cross-Functional & Change Management (30%) 

• Partner closely with Product, Sales, and Engineering teams through change management for new products, features, and regional/product launches, ensuring safeguarding is assessed and embedded before go-live 

• Work closely with the Network Management and Payments team on safeguarding account/banking relationships, ensuring alignment between treasury requirements and bank/custodian arrangements