Role: Cash & Banking Manager
Location: London
Position: Full time, permanent
This role focuses on Treasury cash management, banking arrangements, related platforms and interconnectivity with finance systems, ensuring a cash and banking environment that is robust, efficient, and aligned with best practice.
Reporting to the Treasurer, leading a team of two Analysts and working closely with the Finance Operations and Treasury & Finance Systems teams, you’ll play a key role in implementing our new Treasury landscape.
The Cash & Banking Manager’s key deliverables will be to complete the successful transition of existing cash management and banking admin operations from the current service provider to the business’s new in-house Treasury function, and support building out the target operating model.
The role focuses on operational resilience, alignment with the firm’s strategic objectives and ensuring regulatory compliance.
The role requires close collaboration with stakeholders across the current service provider, Treasury Systems, Finance, Investments, Risk, Compliance, and external banking partners.
The Cash & Banking Manager will play a key role in enabling a seamless transition with minimal disruption to the business-as-usual activities by providing clarity, traceability and oversight of Treasury cash and banking operations.
About The Job
As Cash & Banking Manager, you will have primary responsibility for managing end-to-end cash management, ensuring the organisation maintains optimal liquidity to meet operational needs and strategic objectives. You will combine hands-on ownership of cashflow with a focus on working capital efficiency and liquidity buffer management.
Treasury Cash & Banking Operations
- Transition
- Business lead to validate and sign-off of cash management handovers and acceptance criteria from service provider
- Business lead to oversee the design, documentation, implementation and enhancement of end-to-end Treasury processes including liquidity, forecasting and payment workflows, from pre-transition to future state
- Business lead to design, implement and enhance treasury reporting activities
- Working closely withTreasury & Finance Systems, responsible for end-to-end testing activities for system changes and integrations, ensuring accuracy and compliance.
- Cash Management
- Lead team of two analysts to take full ownership of cash management, including daily positioning, visibility, pooling, and optimisation of cash balances across the organisation.
- Cashflow Forecasting & Analysis
- Manage short- to medium-term rolling cashflow forecasting, ensuring sufficient funding headroom while supporting efficient use of cash in line with business strategy
- Support investment of surplus cash
- Drive improvements in cash forecasting accuracy, including providing actionable insights to senior Finance and Treasury stakeholders
- Support integration of cash forecasts with long-term forecast aligned with business plan
- Currency Management & FX Execution
- Implement strategies to identify and manage FX exposures arising from cashflows in UK and regional offices
- Work with regional finance teams to repatriate cash to the UK including countries with FX restrictions
- Banking & Bank Relationships
- Maintain relationships with transactional banks, acting as key point of contact to resolve or escalate any service issues
- Maintain documentation of bank meetings, issues and service levels
- Work closely with banks to provide any ancillary services (FX platforms, cash pooling, daylight limits)
- Design and oversee bank performance reporting
- Credit Facilities
- Ensure compliance with credit facility agreements including covenant monitoring and calculation, utilisation, fee and interest payments
- Team Leadership & Development
- Lead, coach, and develop a small team, with success evidenced by consistent, high‑quality delivery of Treasury outputs, clear individual development progression, positive stakeholder feedback, strong team engagement, and a robust control and governance environment.
- Process Improvement & Treasury Excellence
- Identify and lead opportunities to enhance cash management processes, improve controls and reporting, and embed best-practice treasury disciplines across the organisation
- Strategic & Change Initiatives
- Lead and contribute to treasury projects focused on improving cash visibility, automation, forecasting accuracy, and overall liquidity management capability
Stakeholder Engagement & Change Support
- Act as the primary Treasury contact for cash-related matters, building trusted relationships with peers, regional finance teams and senior stakeholders, and influencing decisions that impact cash and liquidity.
Risk, Compliance & Assurance Analysis
- Identify and assess risks relating to operational continuity, data integrity, and regulatory obligations.
- Work with Risk & Compliance teams to ensure proposed processes and controls satisfy internal and external regulatory standards.
- Treasury lead for audit activities by providing documentation, evidence trails, and process transparency.
- Embed operational resilience and control considerations into requirement and process design.
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
Essential
- Strong experience leading cash-focused, multi-currency, front office Treasury teams within insurance, financial services, or a complex corporate environment
- Experience in a new or rapidly transforming treasury function.
- Deep understanding of cash management, liquidity, and cashflow forecasting, with exposure to FX activities and investments (money market funds)
- Demonstrated experience with UK and international operational banking arrangements and cash pooling structures
- Demonstrated ability to interpret data and translate it into tactical insight and influence to strategic considerations
- Confident communicator, able to engage and influence senior stakeholders on cash and liquidity matters
- Proactive and commercially minded
- Demonstrated ability to conceptualise, implement and improve treasury processes end-to-end
- Strong problem-solving capability with attention to detail.
- Experience working with cross-functional teams including Systems, Finance, Risk and Compliance.
- Relevant degree, ACT accreditation or equivalent experience
Desirable
- Experience within a Lloyd’s syndicate or broader (re)insurance environment desirable but not essential
- Familiarity with regulatory frameworks (e.g., PRA, FCA, Lloyd’s Minimum Standards)
- Experience with credit facilities including structures and pricing
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
Why Join Us
You’ll be joining a team that values growth, curiosity and collaboration. We’ll support you through your actuarial exams, give you access to a wide range of data and projects and encourage you to shape how reserving adds value to the wider business.
If you’re motivated by learning, challenge and the chance to make an impact from day one, we’d love to hear from you.
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.
