Head of Treasury

Roles & Responsibilities

As the steward of the virtual bank's liquidity and market risk, this role is critical for maintaining

public trust and ensuring financial stability in a fast-paced digital environment.

Core Responsibilities:

• Liquidity Management: Manage the virtual bank's daily cash and liquidity position,

including forecasting short-term and long-term funding needs. Ensure the bank can

meet all obligations, even under stress.

• ALM (Asset-Liability Management): Actively manage the bank's balance sheet to

mitigate interest rate risk (monitoring EaR/EVE) and foreign exchange risk. Develop and

execute hedging strategies as needed.

• Investment & Funding: Manage the investment of excess liquidity in approved

instruments (e.g., government bonds, high-quality corporate debt, mutual funds) in line

with the bank's investment policy. Secure and manage credit lines with other financial

institutions.

• Ratio Monitoring & Compliance: Continuously monitor, manage, and report on key

regulatory ratios, primarily the Liquidity Coverage Ratio (LCR) and Net Stable Funding

Ratio (NSFR).

• Counterparty Risk Management: Establish and manage relationships with financial

counterparties, ensuring adherence to internal risk limits.

The Bank X Way: What's Different

• Intra-Day Liquidity Focus: A digital depositor base can move funds instantly. Your focus

shifts from end-of-day liquidity to real-time, intra-day liquidity management. You must

be prepared for rapid deposit fluctuations and leverage predictive analytics to forecast

cash flows with a higher frequency and accuracy.

• Dynamic ALM Modeling: Customer behavior for digital products (e.g., 'save-to-spend

pots, micro-loans) is different from traditional banking. Your ALM models must be more

sophisticated and data-driven to accurately predict the behavior of these new asset and

liability classes.

• Digital Execution: You will leverage digital platforms and APIs for money market

transactions, FX, and investment execution to achieve better pricing and efficiency,

moving away from traditional voice-brokered deals.