Position: Head of Treasury & Liquidity Management

Role Summary

We are seeking an experienced and hands-on Head of Treasury to lead DSGPay’s global treasury operations, including liquidity management, FX management, banking relationships, safeguarding of customer funds, and treasury automation initiatives.

This role is critical to ensuring efficient capital utilization, regulatory compliance with payment services requirements, and optimization of FX and interest income across multiple jurisdictions. The Head of Treasury will work closely with Finance, Operations, Risk & Compliance, and Technology teams to build scalable treasury infrastructure that supports business growth.

The position combines strategic treasury leadership, operational execution, and technology-driven automation.

Key Responsibilities

1. Treasury Operations & Reconciliation Automation
   Lead the transformation and automation of treasury reconciliation processes across all payment gateways and banking partners.
   Responsibilities
   • Oversee daily reconciliation of collections and payment flows across multiple banking platforms on a T+1 basis.
   • Partner with Technology teams to automate reconciliation processes and reduce manual intervention.
   • Establish robust controls to identify variances, discrepancies, and operational risks.
   • Provide weekly reporting to senior management on reconciliation status, key findings, and risk exposures.
   • Implement straight-through-processing (STP) capabilities where feasible.
   • Ensure reconciliation processes support audit and regulatory requirements.
   • Objective: Improve accuracy, reduce operational risk, and create scalable treasury infrastructure.
2. FX Risk Management & Pricing Strategy
   Develop and manage the company’s FX strategy, pricing framework, and hedging approaches.Responsibilities
   • Design and implement FX pricing models to support live dealable FX rates for customers.
   • Develop FX hedging strategies to manage exposure and maximize profitability.
   • Monitor FX positions, exposure limits, and risk concentrations.
   • Analyze FX gains and losses and provide management insights.
   • Collaborate with Sales and Product teams on pricing competitiveness.
   • Develop FX policies, procedures, and internal controls.
   • Evaluate FX liquidity providers and banking counterparties.
3. Liquidity Management & Funding Optimization
   Ensure optimal liquidity positioning across all operating entities and bank accounts.Responsibilities
   • Monitor daily liquidity positions across currencies and jurisdictions.
   • Centralize liquidity data extraction from banking platforms.
   • Forecast funding requirements and working capital needs.
   • Optimize internal fund transfers and cash concentration structures.
   • Develop contingency liquidity plans.
   • Support expansion into new corridors and markets.
   • Objective: Maintain sufficient liquidity while maximizing capital efficiency and return. 
4. Customer Fund Safeguarding & Regulatory Compliance
   Ensure compliance with regulatory requirements related to safeguarding customer funds under payment services licenses.
   Responsibilities
   • Track duration and flow of customer funds held within corporate accounts.
   • Assess compliance with non-deposit-taking regulatory restrictions.
   • Propose fund segregation structures or safeguarding mechanisms.
   • Collaborate with Compliance and Finance teams on regulatory reporting.
   • Analyze operational impacts of holding periods on business turnover.
   • Support external audits and regulatory reviews. 
5. Banking & Partner Cost Optimization
   Drive cost efficiency across treasury counterparties and payment partners.
   Responsibilities
   • Review and analyze banking and partner costs, including FX spreads, fees, and operational charges.
   • Identify loss-making relationships and propose corrective strategies.
   • Conduct cost-benefit analysis for new banking partnerships.
   • Support negotiation with banking partners and liquidity providers.
     
6.  Interest Income Optimization & Capital Placement
   Maximize passive income through effective treasury placements.
   Responsibilities
   • Maintain and expand interest-earning bank relationships.
   • Monitor interest rate trends and market opportunities.
   • Optimize surplus cash placements across institutions.
   • Diversify counterparty exposure where appropriate.
   • Evaluate treasury investment opportunities within risk appetite.
     
7.  ALCO Governance & Treasury Reporting
   Establish governance and transparency through Asset and Liability Committee (ALCO).
   Responsibilities
   
   • Initiate and lead monthly ALCO meetings when implemented.
   • Prepare liquidity, FX exposure, funding, and treasury performance reports.
   • Provide insights and recommendations to executive leadership.
   • Support strategic decision-making related to capital and funding.
   • Develop treasury dashboards and KPIs.
   • Objective: Improve governance, risk visibility, and strategic alignment.
     
8. Treasury Systems & Process Improvement
   Drive technology adoption and automation across treasury functions.
   Responsibilities
   
   • Lead treasury system improvements and integration with internal platforms.
   • Develop automated reporting tools and dashboards.
   • Improve data quality and visibility across banking systems.
   • Collaborate with IT on API integrations with banking partners.
   • Support future treasury management system (TMS) implementation.
     
9. Team Leadership & Cross-Functional Collaboration
   Build and lead a high-performing treasury capability.
   Responsibilities
   
   • Lead and mentor treasury team members.
   • Work closely with Finance, Risk, Compliance, Operations, and Product teams.
   • Support business expansion initiatives and new market entry.
   • Foster strong relationships with banking partners and stakeholders.

Qualifications & Experience

• Bachelor’s or Master’s degree in Finance, Accounting, Economics, or related field.
• 8–15+ years of treasury, banking, payments, or financial services experience.
• Experience in FX management and liquidity management.
• Experience with payment institutions, fintech, or banking environments preferred.
• Strong understanding of treasury risk management and controls.
• Experience with treasury systems or automation projects is highly desirable.
• Leadership experience managing teams and cross-functional projects.

Skills & Competencies

• Strong analytical and financial modeling skills
• Strategic thinking with hands-on execution ability
• Advanced Excel and data analysis capabilities
• Understanding of FX markets and liquidity risk
• Communication and stakeholder management skills
• Problem-solving and decision-making capability
• High integrity and risk awareness

Nice to Have (DSGPay-Specific)

• Experience with payment institutions or e-money regulations
• Experience working across multiple jurisdictions
• Knowledge of safeguarding or client money frameworks
• Banking relationships in APAC region