Treasury Manager - Payments and Operations

My job is to lead and continuously improve the Group’s transactional banking and treasury operations, ensuring secure, efficient, and well-controlled processes that deliver robust, resilient, and customer-focused treasury services.

You will be responsible for:

Act as the Group SME for transactional banking and treasury operations, driving process optimisation across cost, liquidity, security, service, and customer experience.
Manage the day-to-day relationships with all third party suppliers of transactional banking activities including, but not limited to, card acquiring, cash collection and processing, cash management, and outgoing payments.
Be the "go to" business partner across all of Tesco for transactional banking advice and recommendations, enabling collaboration between business stakeholders, Tesco's Global Business Centre and suppliers.
Stay up to date on the latest trends in transactional banking, ensuring alignment with internal and external policies and regulations, while identifying opportunities to improve processing capabilities across the Tesco Group.
Ensure treasury operations are fully compliant with internal policies, external regulations, and audit requirements, maintaining a strong control environment.
Maintain treasury process documentation and oversee the Treasury Business Continuity Planning (BCP) framework.
Represent Tesco in industry forums and maintain strong relationships with regulatory and trade bodies (e.g. BoE, FCA/PSR, BRC).
Working as part of a cross-functional team to define and drive Group payment strategies, utilising the Group overview of 'what works well' to enhance other parts of the business.

You will need:

Drive continuous improvement across key operational areas to ensure outstanding efficiency and effectiveness
Lead third-party supplier relationships for card acquiring and cash processing, establishing detailed collaborations to benefit our financial operations.
Provide trusted advice and recommendations across Tesco, working closely with business units, partners, the Global Business Centre, and suppliers to resolve the best course of action.
Stay ahead of industry trends, ensuring alignment with policies and regulations while finding opportunities to improve processing capabilities.
Maintain a robust control environment, ensuring treasury operations adhere closely to internal policies, external regulations, and audit standards.
Coordinate treasury process documentation and own the Treasury Business Continuity Planning (BCP) framework, ensuring that we are prepared for any eventuality.
Attend industry forums as a Tesco representative. Form relationships with regulatory and trade bodies like BoE, FCA/PSR, and BRC.
Collaborate on payment strategy development and implementation, applying tried methods to improve broader business areas successfully.

Required Skills & Experience

Extensive knowledge of customer payments and cash management, consistently driving impactful results.
Strong industry network across card acquirers, banks, and card schemes, allowing us to compete at the highest level.
Confirmed experience in control, BCP, and treasury process optimisation, ensuring our operations are industry-leading.
Well established supplier leadership and service delivery management skills, crucial for maintaining our high standards.
Strong interpersonal skills, integrity, and relationship-building capabilities, encouraging a collaborative and inclusive environment.
Proficiency in data management and reporting to support strategic decisions, enabling us to make informed choices and drive our business forward.

What's in it for you:

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

Annual bonus scheme of up to 20% of base salary
Holiday starting at 25 days plus a personal day (plus Bank holidays)
Private medical insurance
26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

About us:

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is 'Serving our customers, communities and planet a little better every day'. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We're a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

We're proud to have been accredited Disability Confident Leader and we're committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please visit https://www.tesco-careers.com/accessibility