Treasury Manager (ALM)
Mollie
London · Onsite · Full Time
Posted
Job description
Build with us Since 2004, we've had one clear goal: to make payments and money management effortless for every business in Europe. Today, more than 250,000 companies use Mollie to get paid, manage money and grow, with products designed to be simple, scalable, and dependable. With 950+ Mollies across 14+ locations, we care deeply about autonomy and craft. So we work in small teams, with real ownership, and we trust you to make the right decisions. We're building for the long term, so we provide the tools you need, processes you can rely on, and a balanced work environment to help you do work you're proud of. Sound like your kind of place? Let's build together. Your impact Treasury is where Mollie's balance sheet takes shape, this team makes sure that our balance sheet is safe, well-funded and resilient. You, as Treasury Manager, will be one of the first people building the Asset & Liability Management (ALM) function for Mollie. This is a genuine 0-to-1 role. There is no legacy ALM framework to maintain, no existing ILAAP to update, no established models to inherit. You'll help design and build the liquidity risk framework, the interest rate and credit spread risk approach, and the funding and balance sheet strategy. Your work will feed directly into Mollie’s licence application and, once authorised, into how Mollie actually manages its liquidity and funding risks. You'll work closely with our product teams, Finance, and Risk Domains and your analysis will be seen by senior leadership and, eventually, by our regulator. As Mollie moves from application to operation, your scope will grow from building the framework to running it. What you'll ship Build and own the core building blocks of Mollie liquidity risk framework, including the ILAAP, LCR/NSFR monitoring, and liquidity stress testing. Develop Mollie’s approach to interest rate risk and credit spread risk in the banking book (IRRBB/CSRBB), from risk identification through to models, limits and hedging strategy. Contribute to the design of Mollie’s funding and balance sheet strategy, including deposit mix, funding diversification and balance sheet construction. Build the Contingency Funding Plan and related early-warning indicators, so Mollie knows exactly what to do under stress before it needs to. Produce clear, well-documented policies, methodologies and models that will stand up to scrutiny from DNB/ECB…