Position Summary
Job Title: Head of Treasury_Digibank & Fintech
Reports To: Chief Financial Officer (CFO)_Digibank & Fintech
Location: Dubai (UAE), with possible regional travel across African markets
Function: Cluster Finance
Employment Type: Full-Time, Permanent
Direct Reports: Head of Treasury in the respective opcos
Purpose of the Role:
The Head of Treasury provides strategic and operational leadership over the Finance function of Digibank & Fintech, ensuring robust liquidity management, cash forecasting, foreign exchange transactions execution, investment management, and financial risk control across multiple Fintech and Digibank entities operating in Africa.
He/she ensures that the Cluster has the optimal cash structure, sourcing various currencies at the best rate, risk-hedging mechanisms to support growth, regulatory compliance, and financial resilience.
Mission of the Role
To design, implement, and continuously strengthen the Digibank & Fintech Treasury Framework, integrating:
- Liquidity & cash management across all operating entities;
- FX risk management strategies especially for fintech entities engaged in international remittance;
- Efficient capital repatriation and intercompany funding mechanisms;
- Prudent investment of excess liquidities;
- Liquidity and Balance sheet management of the digibank entitiesl;
- Treasury technology & automation (TMS, API integration, AI-based forecasting);
- Regulatory and prudential compliance across multiple jurisdictions.
The Head of Treasury acts as the trusted advisor to the Digibank & Fintech CFO, CEO, and Board Audit & Risk Committee on matters of liquidity, funding, market risk, and capital adequacy.
Key Responsibilities
Strategic Leadership & Treasury Governance
- Develop and execute the Digibank & Fintech Treasury Strategy aligned with overall financial, risk, and business objectives.
- Establish a central treasury governance framework defining policies, procedures, limits, and approval authorities across subsidiaries.
- Design and maintain the Digibank & Fintech Liquidity Policy, Funding Policy, and Investment Policy, ensuring alignment with local regulatory requirements (Banking, e-money, PSP, and Fintech regulators).
- Act as the primary liaison with central banks, banking partners, and rating agencies.
Liquidity & Cash Management
- Supervise daily cash positioning and intercompany liquidity; ensure optimal utilization of funds across entities.
- Oversee short- and medium-term cash forecasting leveraging digital treasury tools and predictive analytics.
- Implement a centralized treasury management system (TMS) integrating APIs with Digibank and PSP platforms for real-time visibility.
- Manage the Digibank & Fintech cash pooling structure and ensure efficient repatriation, cross-border remittances, and funding flows.
- Define and monitor liquidity KPIs (LCR, NSFR, liquidity gap, free cash ratios) and maintain appropriate stress testing models.
Investment & Financial Risk Management
- Oversee the management of surplus liquidity through low-risk, high-yield investment instruments compliant with regulatory constraints where applicable.
- Design and implement FX, interest rate, and market risk hedging strategies (e.g., forwards, swaps, NDFs).
- Ensure ongoing monitoring and mitigation of counterparty, credit, and concentration risks.
- Lead the development of a Treasury Risk Dashboard integrated with the Risk Management function.
Treasury Operations & Controls
- Supervise treasury back-office operations: deal confirmations, settlements, accounting, and reconciliations.
- Ensure full compliance with IFRS, internal controls and audit requirements.
- Work closely with Internal Audit, Risk & Compliance to ensure robust segregation of duties, documentation, and authorization matrices.
- Lead periodic treasury process reviews to enhance efficiency and automation (RPA, AI, blockchain-based payment rails).
Technology, Innovation & Transformation
- Champion digital treasury innovation: adoption of APIs, AI-based forecasting, data analytics, and centralized dashboards.
- Coordinate with the Digibank & Fintech CIO to ensure treasury systems integration with the Digibank core and Fintech payment engines.
- Promote real-time liquidity visibility and advanced risk analytics for proactive decision-making.
Team Leadership & Development
- Build and lead a high-performing treasury team across multiple jurisdictions.
- Develop talent through structured learning, performance management, and succession planning.
- Foster a culture of discipline, integrity, collaboration, and innovation within the finance community.
Candidate Profile
Academic Qualifications
- Master's degree in Finance, Economics, Accounting, or Business Administration from a reputable institution.
- Professional certification preferred: ACT (Association of Corporate Treasurers), CFA, CTP, or equivalent.
Experience
- 1015 years of experience in treasury, financial risk management.
- Minimum 5 years in a senior treasury leadership role within banking, fintech, digital payments, or financial services.
- Proven record in multi-currency treasury management, cross-border liquidity, and regulatory compliance across African jurisdictions.
- Proven record in capital and liquidity management.
Technical Competencies
- Deep knowledge of treasury operations, cash management, ALM, FX, derivatives, and investment management.
- Advanced proficiency with Treasury Management Systems (e.g., Kyriba, FIS, SAP TRM).
- Strong command of IFRS, Basel III liquidity principles, and local prudential regulations.
- Solid understanding of fintech payment ecosystems, mobile money flows, and settlement risk.
Behavioral Competencies
- Strategic thinker with strong analytical and financial modeling skills.
- High integrity, reliability, and ethical standards.
- Leadership presence with excellent communication and negotiation abilities.
- Excellent command of English; French language proficiency is a strong plus.
- Agility and resilience in fast-changing, multicultural environments.
- Collaborative and solution-oriented mindset.
