Liquidity Manager | Treasury Operations & Liquidity Analysis

🧰 WHO WE ARE Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 80 partners. We provide most of our insurance products through APIs, and host white-label insurance solutions via our Play&Plug technology platform. With a footprint spanning 32 countries, Wakam is the European leader in digital and embedded insurance. Strongly committed to social responsibility, Wakam is a mission-driven company dedicated to enabling transparent and impactful insurance. ---------------------------------------------------------------------------------------------------------------------------------- 🚀 ABOUT THE TEAM You will join Wakam’s Finance ecosystem, working closely with Reinsurance and Treasury. This role sits at the crossroads of FP&A and Accounting, with a strong operational dimension (cash tracking, settlements) and a strategic one (performance monitoring, decision support). You will be a key point of contact for reinsurers and brokers, while partnering internally with Finance stakeholders to ensure cash reliability, visibility, and control across Wakam’s reinsurance programs. ---------------------------------------------------------------------------------------------------------------------------------- 🎯 YOUR MISSION As a Reinsurance Cash Manager, your mission is to secure and optimise reinsurance cash flows (premium payables, recoveries, receivables), provide clear financial visibility on reinsurance performance, and act as a trusted interface between reinsurers, Treasury, and internal teams. You will contribute to the reliability of financial operations and support continuous improvement, including the implementation and maintenance of our reinsurance management tool xLayer.   ✏️ YOUR RESPONSIBILITIES 1) CASH & PAYMENT MANAGEMENT You will manage day-to-day cash operations related to reinsurance by monitoring cash flows (premium payables, loss recoveries and receivables), tracking and reconciling reinsurer payments, and following up on overdue balances. You will coordinate with Treasury on cash forecasting and liquidity planning, manage cash calls, collateral requirements and funds withheld accounts, and escalate payment issues—driving resolution with reinsurers and/or brokers. 2) REINSURANCE FINANCIAL ANALYSIS & REPORTING You will produce management reporting on key reinsurance KPIs and cash positions, deliver variance analysis (actual vs budget vs prior year), and contribute to financial assessments and business cases supporting new reinsurance programs. 3) REINSURER RELATIONSHIP MANAGEMENT You will support the Reinsurance team in day-to-day queries and discussions, lead quarterly/annual settlement reconciliation meetings with reinsurers, and resolve disputes on balances, payment timing and contractual interpretations. You will also support treaty renewals on financial items (e.g., commissions, financial terms), and maintain reinsurer scorecards (timeliness, responsiveness, quality). 4) PROCESS IMPROVEMENT & PROJECTS You will drive automation of cash tracking and reconciliation processes and contribute to the xLayer implementation (cash workflows, reporting) as well as ongoing maintenance and improvements. You will identify efficiency opportunities and collaborate with IT/Finance on system enhancements. 5) CONTROL & COMPLIANCE You will ensure adherence to cash management policies and internal controls, validate the accuracy of cash-related balance sheet accounts, and support audit requests related to reinsurance cash and recoverables. ---------------------------------------------------------------------------------------------------------------------------------- 🧠 WHAT YOU BRING You have a strong foundation in finance/accounting, combined with the ability to manage operational flows and build clear financial narratives. You bring experience in cash management, reconciliations, and financial analysis, ideally in insurance/reinsurance or another regulated financial environment. You are comfortable working with multiple stakeholders (Treasury, Accounting, Reinsurance, brokers/reinsurers) and can handle both “run” activities and improvement projects. You have strong proficiency in Excel and financial systems/reporting tools, and you communicate confidently in English (French is a strong plus depending on scope and stakeholders). A good understanding of reinsurance mechanics (treaties, statements, settlements, collateral/funds withheld) is expected. ---------------------------------------------------------------------------------------------------------------------------------- ✨ WHO YOU ARE You are rigorous, structured, and reliable, with strong ownership of deadlines and cash accuracy. You are proactive in follow-ups, comfortable handling external counterparties, and able to de-escalate disputes while protecting Wakam’s interests. You enjoy improving processes, and you can translate complex cash/reinsurance topics into clear messages for non-specialists. ---------------------------------------------------------------------------------------------------------------------------------- ✨ 🤖 AI & DIGITAL MINDSET You naturally look for ways to automate reconciliations, standard controls and reporting. You’re comfortable using digital tools to improve traceability and productivity (data extraction, anomaly detection, standard checks), while maintaining strong governance and auditability. ---------------------------------------------------------------------------------------------------------------------------------- 🌟 WHY JOIN WAKAM? This role offers direct impact on cash reliability, financial performance visibility, and partner/reinsurer relationships—at the heart of Wakam’s reinsurance operating model. You will work in a fast-moving, international environment and contribute to meaningful transformation through tooling (xLayer) and process automation. ---------------------------------------------------------------------------------------------------------------------------------- 🏆 HIRING PROCESS Our recruitment process is designed to be clear, structured, and efficient: 1. Screening interview with our Talent Acquisition Partner 2. Interview with our Chief Financial Officer 3. Final interview with our HR Business Partner  AI-Assisted Interview Process Policy | Notion More About Us  Check out our website to learn about the 11 cultural markers that make Wakam truly special! If you're adventurous, impact-driven, and ready to shape the future of insurance, we'd love to meet you!   💫 What Makes Us Unique:  • True remote work flexibility with our Wakam From Anywhere (WFA) program - yes, we even have a teammate working from a sailboat! ⛵ • Flat hierarchical system promoting direct impact and autonomy 🚀 • Monthly Free.day: dedicated time for personal growth and skills development 📚 • Lunch voucher with Swile card • A meaningful company: we became a Mission-driven company in March 2021 • Work alongside passionate experts:  who will share their knowledge and help you develop and grow in your career.    At Wakam, our "Free to Impact" culture is built on four essential pillars that shape everything we do :   🗣️ Communication & Knowledge Management • Foster transparent collaboration across our flat organizational structure • Share knowledge freely in our highly collaborative environment • Contribute to our collective intelligence through open dialogue   🔍 Curiosity • Embrace our monthly Free.day for learning and skills sponsorship • Think big and challenge conventional insurance norms • Stay eager to learn and explore new possibilities   🔄 Continuous Improvement • Take initiative to transform the insurance industry • Turn challenges into opportunities for innovation • Constantly evolve our ways of working   🎯 Outcome Oriented • Focus on impact rather than hierarchy • Drive results through clear objectives and autonomy • Transform bold ideas into concrete solutions   At Wakam, we are committed to fostering an inclusive environment where diversity is celebrated. If you require any reasonable adjustments during the recruitment process, please feel free to reach out to your recruiter.

🚀 We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us.  With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products - we want to solve problems and change lives through Monzo ❤️ ----------------------------------------------------------------------------------------------------------------------------------   📍Dublin, Ireland  |💰 €68,00 - €83,000, Incentive Awards tied to your performance ➕ benefits | Hear from the team  ⭐Our Risk and Compliance team Monzo Bank Europe (MBEU) is the Irish-based subsidiary of the Monzo Group and the strategic launchpad for our expansion across the European Union. We are looking for a seasoned Risk Assurance Manager to provide independent Second-Line of Defence (2LOD) assurance over the design and effectiveness of the bank’s risk management framework, controls and processes. You will ensure that key risks are managed in line with regulatory expectations, internal policies and our risk appetite, providing robust oversight and challenge across the full spectrum of the bank’s risk universe. In this role, you will ensure the bank complies with: * Irish Regulatory Obligations, including CBI, CPC, AML/CFT legislation, and the Companies Act. * EU Regulatory Requirements, including DORA, EBA Guidelines, ECB/SSM expectations, and GDPR. * Internal Governance, including adherence to risk frameworks, policies, and risk appetite. Reporting directly to the Director of Risk Assurance, MBEU, you will design, execute, and report on 2LOD assurance reviews covering conduct, financial crime, fraud, credit, and financial risks. Your remit will also include operational risk, ICT and information security, outsourcing, data protection and governance structures. This role is critical in fostering a sound risk culture and supporting senior management and the Board in their oversight responsibilities.You will be instrumental in providing stakeholders with the assurance needed to ensure our growth is safe, resilient and compliant. The role you are applying for is a Controlled Function (CF-2) within the meaning of the Central Bank Reform Act, 2010. For this role, appointment will be conditional on Monzo being fully satisfied that the appointee meets the requirements as set out in the Fitness and Probity Standards 2018 issued by the Central Bank of Ireland. As a CF, the role holder will be subject to Conduct Standards under the Central Bank of Ireland Individual Accountability Framework and will be required to take reasonable steps to ensure that the relevant conduct standards are met. 🔑You’ll play a key role by... * Assurance Plan: Planning, coordinating and executing comprehensive risk assurance activities, including effectiveness reviews to ensure EU-wide adherence to the enterprise risk framework. * Thematic Reviews: Conducting targeted thematic reviews across specific risk areas (e.g., conduct, compliance, financial crime, IT, prudential and strategic risk) to provide in-depth assurance over design adequacy and operating effectiveness. * Remediation: Identifying areas for improvement within the risk management framework and control environment, recommending practical, impactful solutions and tracking remediation efforts to completion. * Stakeholder Engagement: Proactively engage with business and risk stakeholders to understand Monzo Europe’s products and risk profiles, fostering a collaborative and transparent risk culture. * Strategic Planning: Contributing to the annual risk assurance plan by providing insights gathered through continuous monitoring of regulatory trends and horizon scanning, market practices and upstream developments. * Framework Governance: Contribute to the continuous improvement of the 2LOD Risk Assurance Framework, Methodology and Terms of Reference to ensure they remain fit-for-purpose and market-leading. * Cross-Functional Collaboration: Partnering closely with First-Line of Defence (1LOD) control testing, Group 2LOD, and Internal Audit to ensure alignment while maintaining strict independent challenge. * Reporting & Governance: Contributing to risk governance by reporting thematic insights, trends and remediation progress to senior management committees. * Risk Culture: Promote a strong risk and compliance culture, awareness and training programs across the organisation. 🤩 We’d love to hear from you if… * You have a strong background in risk assurance, internal audit and/or risk management within banking or fintech in the European regulatory and financial services landscape.  * You have a proven ability to plan and execute diverse assurance activities, from effectiveness reviews to thematic deep dives, with a clear focus on root cause analysis. * You’ve led reviews across a wide range of risk areas, including ICT and Information Security, Financial/Prudential (Liquidity, Treasury, Capital), Fraud and Financial Crime (AML/Sanctions), Operational and Conduct Risk (Consumer Protection/Vulnerability). * You possess a deep understanding of risk and control frameworks (e.g., COSO, ISO) and can practically apply this knowledge to 2LOD oversight. * You are skilled in the hands-on identification and testing of risks and controls, with a keen eye for detail and potential weaknesses. * You have a track record of identifying gaps within risk management processes and frameworks and recommending practical, high-impact solutions. * You combine sharp analytical skills with the ability to communicate findings clearly to diverse stakeholders, offering constructive challenge and influencing at all levels. * You have strong data analysis skills, you know how to extract, interrogate and present data in a way that makes complex issues easy for stakeholders to understand. * You’re proficient in Google Suite and can build high-quality decks for Committee and Board reporting. Experience with SQL or Python is a distinct advantage. Not ticking every box? That’s totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo, we’re dedicated to creating a diverse and welcoming team. If you’re passionate about this role and keen to learn and grow with us, we encourage you to apply— even if you don’t have everything that's listed just yet. Drop us your application, we’d love to hear from you! 🙌What’s in it for you 💰A salary range of €68,000 - €83,000 and Incentive Awards tied to your performance 📍This role will have a hybrid working model, based in our Dublin office 2 - 3 days a week  ⏰We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team.  🏝 Annual Leave - 34 days including public holidays (24 holiday days + 10 public holidays) 📚€1,200 learning budget each year to use on books, training courses and conferences. 🏥Private healthcare scheme 💰Pension scheme: the minimum contribution is 4% and Monzo matches any additional contributions that you make up to a maximum of 6% 💛Wellbeing benefits: financial education, women’s and men’s health support, mental health benefits, including coaching and counselling 🌈 The application journey has 4 key steps * An introductory call with a member of our hiring team * An initial call with the hiring manager * A series of role specific and behavioural interviews * A final call with a member of our Executive team This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible!  We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here. We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out.  If you're successful in applying for this role, we'll work with you to find a start date. In some cases, there might be a delay in when you can be released from your current role so that we can make sure things continue to run smoothly. We’ll be sure to communicate this with you and keep you updated. #LI-ÉS1 ---------------------------------------------------------------------------------------------------------------------------------- Equal opportunities for everyone Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2026 Diversity and Inclusion Report and 2025 Gender Pay Gap Report. We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status. If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊