Director of Client Treasury
Aspire is the leading all-in-one finance operating system for growing businesses in APAC. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSME to realise their full potential.
Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 50,000 businesses using our suite of products.
For 2 consecutive years in 2022 & 2023, Aspire has been awarded Best Employer of the Year and Startup of the year by Asia FinTech Awards, and also LinkedIn’s Top Startup in Singapore. In 2023, we also made it to CB Insights’ Top 100 Global Fintech List.
You will be amazed by the energy and experience of our team! Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.
Are you a top talent who is passionate about entrepreneurship? Join our rapidly growing team to make an impact in the fintech space!
About Aspire:
Aspire is the leading all-in-one finance operating system for growing businesses in APAC. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSME to realise their full potential.
Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 15,000 businesses using our suite of products.
For 2 consecutive years in 2022 & 2023, Aspire has been awarded Best Employer of the Year and Startup of the year by Asia FinTech Awards, and also LinkedIn’s Top Startup in Singapore. In 2023, we also made it to CB Insights’ Top 100 Global Fintech List.
You will be amazed by the energy and experience of our team! Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.
Are you a top talent who is passionate about entrepreneurship? Join our rapidly growing team to make an impact in the fintech space!
About the role:
We are seeking a highly skilled and experienced Director of client treasury. This role is critical in managing our financial assets, optimizing liquidity, and mitigating financial risks. The ideal candidate will have a deep understanding of treasury operations, financial markets, and regulatory requirements within the payment services industry. Additionally, this role will require extensive collaboration with cross-functional teams including Product, Data, Legal, Compliance, Financial Controlling and Network partnership to optimize cash flows and margins, and ensure regulatory compliance for customer fund flows.
What will you be doing?
Client Treasury Management:
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- Develop and implement treasury strategies to manage cash flow, liquidity, and financial risks of client funds.
- Oversee daily treasury operations, including cash management, banking relationships, and investment activities.
- Ensure optimal utilization of working capital and maintain adequate liquidity levels.
Financial Risk Management:
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- Identify, assess, and mitigate financial risks related to client funds
- Design treasury policies, treasury flows and controls, responsible for clients cash amount and availability
- Ensure compliance with all relevant financial regulations and reporting requirements.
Banking and Financial Relationships:
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- Establish and maintain strong relationships with banks, financial institutions, and payment service providers.
- Negotiate favorable terms and conditions for banking services and financial products.
- Manage bank accounts, including opening, closing, and maintaining signatory authority.
Investment Management:
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- Develop and implement investment strategies to optimize returns on client funds while ensuring capital preservation.
- Monitor investment performance and make recommendations for portfolio adjustments.
- Ensure compliance with investment policies and regulatory requirements.
Cross-Functional Collaboration:
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- Collaborate with Product, Data, Financial Controlling, Legal, Compliance, and Network teams to build and grow cross-functional relationships.
- Work together to optimize the cash flows and margins of Aspire payment products, as well as our treasury data management system.
- Define the structure and fund flows to hold customer money under local regulations for licensed entities.
Team Leadership and Development:
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- Lead and develop a team of treasury professionals, providing guidance and support to ensure high performance and professional growth.
- Foster a culture of continuous improvement and innovation within the treasury function.
- Collaborate with other departments to align treasury activities with overall business objectives.
We would love to get to know you if you have the following:
- Bachelor's degree in Finance, Accounting, Economics, or a related field. A Master's degree or professional certification (e.g., CTP, CFA) is preferred.
- Minimum of 12 years experience in Treasury, preferably within the payment services or fintech industry.
- In-depth knowledge of treasury operations, financial markets, and risk management practices.
- Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
- Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
- You feel passionate about Tech and Start-ups, as well as implementing your skills and knowledge in creation and improvement of controls framework and internal processes.
- Proficiency in treasury management systems and financial software.
- High level of integrity, attention to detail, and a commitment to excellence.
What we offer
- Uncapped flexible annual leave.
- Hybrid work arrangement.
- Training subsidy for your professional growth.
- Wellness benefit.
- Team bonding budget to foster collaboration and sense of belonging.
- Flexibility to work from anywhere (for up to 90 days per annum).
- Culture is Key: We always strive to cultivate a special culture that brings special talents together - You can learn more about our culture on our careers site and LinkedIn Life page.
Equal Opportunity Statement
Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws.
Please note: by submitting your application, you acknowledge that you have read and understood Aspire’s Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the “Policy”), and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing people@aspireapp.com.
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