Treasury Manager, Mollie
Asset Liability Management
Payment service provider
Be an early applicant
Payment service provider
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
To make payments and money management effortless for every business in Europe.
Role
Who you are
- Around 5+ years of experience in Treasury, ALM or balance sheet risk management, ideally within a bank, though experience in a fintech, PSP or consultancy building similar frameworks is also relevant
- Solid working knowledge of liquidity risk (LCR/NSFR, ILAAP) and/or interest rate risk in the banking book (IRRBB/CSRBB). You don't need to be deep in both, but you understand how they connect to the balance sheet as a whole
- Comfort building models and frameworks from a blank page. You're not looking for a well-worn playbook, you're excited to write the first one
- Strong quantitative and Excel/financial modelling skills, with the discipline to document your logic clearly enough that someone else, including a regulator, can follow it
- The ability to explain complex balance sheet risk topics clearly to non-specialists, and the confidence to defend your recommendations to senior stakeholders
- Genuine curiosity about how AI can speed up the parts of this work that don't need a human, so more of your time goes toward judgment and design
What the job involves
- Treasury is where Mollie's balance sheet takes shape, this team makes sure that our balance sheet is safe, well-funded and resilient. You, as Treasury Manager, will be one of the first people building the Asset & Liability Management (ALM) function for Mollie
- This is a genuine 0-to-1 role. There is no legacy ALM framework to maintain, no existing ILAAP to update, no established models to inherit
- You'll help design and build the liquidity risk framework, the interest rate and credit spread risk approach, and the funding and balance sheet strategy. Your work will feed directly into Mollie’s licence application and, once authorised, into how Mollie actually manages its liquidity and funding risks
- You'll work closely with our product teams, Finance, and Risk Domains and your analysis will be seen by senior leadership and, eventually, by our regulator. As Mollie moves from application to operation, your scope will grow from building the framework to running it
- Build and own the core building blocks of Mollie liquidity risk framework, including the ILAAP, LCR/NSFR monitoring, and liquidity stress testing
- Develop Mollie’s approach to interest rate risk and credit spread risk in the banking book (IRRBB/CSRBB), from risk identification through to models, limits and hedging strategy
- Contribute to the design of Mollie’s funding and balance sheet strategy, including deposit mix, funding diversification and balance sheet construction
- Build the Contingency Funding Plan and related early-warning indicators, so Mollie knows exactly what to do under stress before it needs to
- Produce clear, well-documented policies, methodologies and models that will stand up to scrutiny from DNB/ECB, external auditors, and Mollie's own second and third lines of defense
- Support senior leadership (ALCO or its future equivalent) with the analysis, reporting and recommendations it needs to make sound balance sheet decisions
- Partner with Risk, Finance and our external advisors, to make sure Treasury's frameworks are consistent with Mollie’s wider risk appetite and governance
Salary benchmarks
Our take
Mollie, an Amsterdam-based startup, enables businesses to integrate payment methods into websites or apps via an API, improving upon the difficult options offered by traditional banks. Focused on the SMB market, Mollie serves over 120,000 businesses, including Deliveroo, Unicef, and Acer.
2021 funding supported international expansion and the launch of Mollie Capital in the UK, providing SME merchants with quick and flexible funding up to £250,000. This service has already provided over €50 million in loans to more than 5,000 SMEs in Europe.
In 2023, Mollie reported a 36% increase in net revenue to €99 million, driven by larger customers and new products. Operational costs fell by 30% due to AI-driven efficiencies and the launch of MollieGPT for customer support. With continued international expansion and innovative products, Mollie aims to simplify financial processes for businesses of all sizes.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
76% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Jun 2021
$744m
SERIES C
Sep 2020
$106m
SERIES B
Total funding: $878m
Company benefits
- Noise cancelling headphones
- MacBook
- Birthday off
- Complimentary baby days
- 20 days working from abroad
- 25 holiday days
- Commute reimbursement
- Work from home budget
- Bike lease plan
- Internet allowance
- In-office lunch
- Wellbeing program
- Pension contribution
- Health insurance
- Bonus scheme
- Equity plans
- Referral bonus
- Learning platform
- Mentor program
Company HQ
Grachtengordel-West, Amsterdam, Netherlands
Leadership
Koen Köppen
(CEO)Previously worked at Klarna in roles including Director of Global Solutions, VP of Product, and CTO.
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