Treasury Manager (ALM)

About the Position

Treasury Manager (ALM)

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Location

Amsterdam, Netherlands

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Employment Type

Full-time

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About the Company

Since 2004, Mollie has been dedicated to making payments and money management effortless for every business in Europe. Today, over 250,000 companies rely on Mollie to get paid, manage money, and grow. We pride ourselves on products that are simple, scalable, and dependable.

With 950+ Mollies across 14+ locations, we emphasize autonomy and craftsmanship. We work in small teams with real ownership and trust you to make the right decisions. We're building for the long term, providing the tools, processes, and a balanced work environment to help you do work you're proud of.

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Your Impact

Treasury is where Mollie's balance sheet takes shape. This team ensures that our balance sheet is safe, well-funded, and resilient. As Treasury Manager, you will be one of the first people building the Asset & Liability Management (ALM) function for Mollie. This is a genuine 0-to-1 role, meaning 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 directly feed into Mollie’s license application and, once authorized, into how Mollie manages its liquidity and funding risks.

You'll work closely with our product teams, Finance, and Risk Domains. 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.

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Responsibilities

• Build and own the core building blocks of Mollie's 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 ensure Treasury's frameworks are consistent with Mollie’s wider risk appetite and governance.

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Requirements

• 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 modeling 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.

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We Offer

• Opportunity to build a bank's Treasury function from scratch.
• Regular feedback and performance reviews to support your development.
• Fair and transparent salary reviews.
• Opportunities to move into new roles or take on new projects.
• Active hiring from within to help you take the next step.

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About the Company

At Mollie, we believe in Always Be Shipping, and AI brings that philosophy to life across every role, every day. AI is core to how we build. It helps us move faster, simplify work, and make smarter decisions, creating real impact for the businesses we serve. We're looking for people who are excited to use AI to shape the future of finance and banking with us.

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Unlock your full potential and join us to eliminate financial bureaucracy.

If you're excited by the idea of building a bank's Treasury function from scratch, for Mollie and for thousands of businesses across Europe, we'd love to hear from you. Apply with your CV (in English) using the form below.

Want a peek behind the scenes? Check out what life at Mollie is really like.