Senior Treasury Manager - Safeguarding & Cash Management for UK

Nium provides global infrastructure for real-time cross-border payments. We were founded on the mission to deliver the global payments infrastructure of tomorrow, today. Our platform enables banks, fintechs, and global businesses to move money instantly, everywhere. Co-headquartered in San Francisco and Singapore with offices in 14 markets worldwide, we are entering one of the most exciting chapters in our journey. In March 2026, we delivered the largest month in our 11-year history with record revenue, record volumes, and EBITDA profitability. Today, Nium moves nearly $60B in payments annually, almost entirely for enterprises, while continuing to strengthen an already healthy balance sheet. It is an incredible time to join us, and we are only just getting started. Our payout network spans 190+ countries and 100 currencies, with 100 + corridors in real time. We power seamless transfers to accounts, wallets, and cards, support local collections in 35 markets, and as a principal card issuer on Visa, Mastercard, Discover, and UATP, Nium issues over 50 million card tokens every year. Backed by regulatory licenses in 40+ markets, we make it simple for our partners to onboard, integrate, and scale globally. This scale and innovation have earned us recognition as one of CNBC’s World’s Top Fintech Companies 2025, winner of Best Cross-Border Payments Solution at the PayTech Awards, and inclusion in FXC Intelligence’s Top 100 Cross-Border Payments Companies list. In 2024, we raised US$50 million in Series E funding at a US$1.4 billion valuation to accelerate network expansion, product innovation, and talent growth. With the B2B payments market projected to hit US$175 trillion by 2030, Nium offers ambitious builders the chance to shape the future of global money movement with the scale of a leader and the energy of a high-growth company. 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. Responsibilities: 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 Requirements: Experience Strong background in fintech, emoney, and CASS-regulated environments. Hands-on experience with CASS15, EMRs 2011, and PSRs 2017 specifically is highly valued Solid treasury understanding, with a track record of taking ownership of cash management decisions Experience with reconciliations, 4-eyes/checker controls, and operational risk management Proven ability to operate effectively in a fast-paced, evolving regulatory environment, managing multiple priorities under time pressure Comfortable working with Compliance, Legal, Product, Engineering, and cross-functional teams on regulatory and change-management matters Experience chairing or running governance committees preferred Skills Works with initiative - able to identify issues and act without waiting to be told Strong analytical and controls mindset; comfortable owning reconciliation and checker processes daily Data and systems savvy - comfortable working with SQL/Excel/BI tools to analyse reconciliation and safeguarding data, and driving automation of manual processes Clear communicator, able to represent safeguarding matters to committees, Compliance, senior management, and the FCA Able to balance group-wide standardisation with UK-specific regulatory nuance