Senior Manager, Treasury - Capital Markets

BILL•San Jose, CA

About The Position

BILL is seeking a highly motivated and experienced Treasury Manager/Senior Treasury Manager to lead our Corporate Capital Markets function. This role is central to managing the company's significant cash and investment portfolios, optimizing float and interest income, and supporting the growth of our global payments products through strategic foreign exchange management. The ideal candidate has experience in fintech, specifically in payments and financial services, and will possess deep expertise in capital markets, treasury operations, and financial modeling. This individual should also have a proven ability to collaborate cross-functionally, particularly with Product and Engineering teams, and manage the performance of third party vendors. This is a high-visibility role with direct responsibility for critical financial resources and processes.

Requirements

Minimum of 8-10 years of progressive experience in Treasury, Capital Markets, or Corporate Finance, preferably within the FinTech or technology sector.
Deep expertise in managing large, complex investment portfolios (both corporate and FBO/customer funds).
Demonstrated experience with interest income forecasting, float analysis, and optimization strategies.
Proven hands-on experience in foreign exchange (FX) trading and risk management, specifically for commercial purposes (e.g., supporting customer payment products).
Strong understanding of investment compliance, regulatory requirements, and managing compliance with corporate covenants.
Exceptional financial modeling and analytical skills.
Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA, CFA, or CTP is highly desirable.

Nice To Haves

Experience implementing Treasury Management Systems (TMS), automation tools, and leveraging AI/Machine Learning in treasury processes is a significant plus.

Responsibilities

Lead the management and execution of both the corporate investment portfolio and the FBO (For Benefit Of) customer funds portfolio, ensuring adherence to investment policy, liquidity needs, and risk tolerances.
Oversee all aspects of foreign exchange execution for commercial purposes, including managing trading strategies, counterparties, and operational flow to support global payment products delivered to customers.
Monitor global capital markets, interest rate environments, and credit risk exposures to inform investment strategy and tactical execution.
Manage compliance for all investment activities, ensuring adherence to internal policies, external regulations, and debt covenants.
Develop and maintain robust, accurate models for forecasting float balances, interest income, and associated expenses.
Analyze and report on portfolio performance, yield optimization, and the financial impact of changing rate environments.
Provide strategic input to annual planning and quarterly forecasting processes related to net interest income (NII).
Serve as the primary Treasury partner for Product and Engineering teams, providing capital markets and FX expertise for the design, development, and launch of new payments products, particularly those involving foreign currency and cross-border payments.
Translate complex regulatory and market requirements into actionable product features and operational workflows.
Drive continuous improvement and scalability through the implementation of automation tools, AI, and advanced analytics into treasury operations, including cash positioning, investment trading, and FX execution.
Manage investment banking relationships and monitor counterparty risk.
Ensure the efficient and secure management of daily corporate and FBO cash positions.
Develop and refine treasury policies and procedures to optimize efficiency and mitigate operational risk.