Addi

Group Treasurer

Colombia

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Position Overview

  • Location Type: Remote
  • Job Type: Full-Time
  • Salary: Not specified

Addi is a leading financial platform focused on revolutionizing payments, shopping, and banking in Colombia. Serving over 2 million customers and 20,000 merchants, Addi is Colombia's fastest-growing marketplace. The company offers banking solutions (deposits, payments, unsecured credit) and commerce services (e-commerce, marketing), aiming to bridge the financial gap and redefine financial freedom. Having secured regulatory approval to operate as a bank and achieved profitability, Addi is transforming Latin America's financial ecosystem with the backing of prominent investors. Addi prides itself on being a conscious company driven by deep experience in scaling technology, services, and products, guided by its core values.

About the Role

The Group Treasurer will lead Addi’s global treasury operations, focusing on liquidity management, secured debt utilization, and regulatory compliance as the company transitions into a digital bank. This role involves optimizing cash flow, automating treasury processes, and implementing financial risk management strategies to support business growth and financial stability.

Responsibilities

  • Cash Forecasting: Achieve over 95% accuracy in short- and long-term forecasts through improved tools and processes.
  • Liquidity Management: Ensure optimal liquidity and maximize returns on idle cash via real-time monitoring and reporting.
  • Risk Management: Implement frameworks to mitigate interest rate, currency, and counterparty risks.
  • Debt & Cash Operations: Reduce trapped cash and automate debt facility processes to enhance efficiency.
  • Treasury Controls: Maintain 100% compliance with internal policies and regulatory audits.
  • Regulatory Readiness: Develop treasury processes that meet all requirements for operating as a regulated financial entity.

Requirements

  • Strong process and systems thinking within the Treasury domain.
  • Proven experience in implementing controls in a fast-moving, highly dynamic environment.
  • Ability to understand and de-risk/automate high-impact, often manual, Treasury processes.
  • Experience in establishing a robust Treasury function covering operations, forecasting, yield, and reporting; experience with ALM is a plus.
  • Knowledge of working capital management, cash management, and treasury risks.
  • Experience in regulated Financial Institutions (CF or similar).
  • Familiarity with banking requirements related to liquidity and cash management.
  • Experience with reporting required for Superintendents.
  • Experience in implementing controls and processes consistent with CF regulations.
  • Experience managing external relationships including bank relationships, lender relationships, and regulator relationships.
  • Leadership capabilities, including challenging ideas, leading high-performance teams, and demonstrating a bias towards listening.
  • Ability to provide technical guidance to the team.
  • Strong sense of organization and teamwork.
  • Commitment to transparency and objectivity.

Skills

Treasury Operations
Liquidity Management
Financial Strategy
Cash Flow Optimization
Global Treasury
Financial Planning

Addi

Buy now, pay later service in Latin America

About Addi

Addi provides a buy now, pay later service that allows customers to make purchases and pay in installments without interest, additional costs, or paperwork. The company's technology enables seamless and transparent digital commerce in Latin America.

Bogotá, ColombiaHeadquarters
2018Year Founded
$250.4MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Remote work: Work from anywhere in the world. And if you want to share some time, you can visit our offices in Bogotá or São Paulo.
Health insurance: Your health comes first, that's why we give 100% coverage for you and 50% for the close relatives you want.
Learn and grow: We love that everyone learns new things, that's why you can participate in our English and Portuguese classes
Flexible schedule: What interests us? Your achievements and goal completion, not the time you spend at your desk.
Own Addi: If it's real. You have the possibility to own a part of Addi by buying shares.

Risks

Increased competition from BNPL providers like Kueski in Latin America.
Regulatory scrutiny in Colombia and Brazil may impact Addi's operations.
Economic instability in Latin America could affect consumer spending and repayments.

Differentiation

Addi offers interest-free installment payments at point of purchase in partner stores.
Addi integrates a marketplace into its app for seamless shopping and financing.
Addi utilizes AI-driven credit scoring for faster, accurate credit decisions.

Upsides

Addi secured a $100M credit line to expand BNPL services in Colombia.
Addi's marketplace launch enhances its integrated financial ecosystem.
Growing consumer preference for digital wallets aligns with Addi's digital solutions.

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